I bought a tower with an attached house once. I probably paid too much, but
I really liked the idea of neighbors that were already used to ham radio.
We never broke out what I was paying for the tower and what for the house,
it was all one price. When selling I always left the tower up and made it
very clear I would remove the tower if that is what the buyer wanted. I've
taken two down and left two up.....
73,
Joe kk0sd
-----Original Message-----
From: towertalk-bounces@contesting.com
[mailto:towertalk-bounces@contesting.com] On Behalf Of Richard Solomon
Sent: Thursday, December 08, 2011 6:19 PM
To: TowerTalk
Subject: Re: [TowerTalk] Tower and / or property
When I sold my place, I gave away the tower and had the protrusions
above the concrete
cut off with a torch. Then I stuck a $15 kettle barby on the concrete
pier. No problem !!
73, Dick, W1KSZ
ps: the tower was 25 years old and not worth a hoot.
On Thu, Dec 8, 2011 at 5:03 PM, Mike <noddy1211@sbcglobal.net> wrote:
> You are correct, it is like a swimming pool, some may pay more than the
> appraised value for it, other like me may see it as a nuisance and so has
no
> value, a tower is the same way except fewer people would be attracted to a
> tower and in the end you may have to pay money to get rid of it and the
> concrete base to actually sell the house.
>
> Mike
>
> -----Original Message-----
> From: towertalk-bounces@contesting.com
> [mailto:towertalk-bounces@contesting.com] On Behalf Of Kevin Normoyle
> Sent: Thursday, December 08, 2011 3:52 PM
> To: Tower Talk List
> Subject: Re: [TowerTalk] Tower and / or property
>
> Value is what someone would pay for it.
> I can't imagine another ham paying more than $10k for any existing used
> tower setup (which is probably in very used condition) on the other end,
it
> might be worth -$10k due to the cost of teardown and repair to original
> conditions.
>
> So given a possible -$10k to $10k effect on the price of a house, I can't
> see how a tower adds any value.
>
> I would think the best possible scenario is to tear it all down. If the
next
> person wants it, it won't cost more than $5k to put it back up.
>
> It's kind of liking having a used car in the driveway, and hoping the next
> owner wants it and will pay something for it.
>
> Or the expensive chandeliers you love inside.
>
> Is there anyone here who pay more than $10k for an existing tower or
towers
> setup, when they would buy a house?
>
> Me, I would expect that the seller (ham) is overvaluing the tower, and
> gouging me on the price. Because I bet he wouldn't admit it's not worth
more
> than $10k.
>
> Cost to replace is not the issue here. See, as buyer, I know there's not
> many others that put value on it. So the tower has low market value.
> (free would be reasonable, for instance).
>
> -kevin
> ad6z
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