Celebrity Real Estate: Kim & Kanye Sells ‘Starter Home’ for Double Its Cost at $20M

“Gold digger” rapper, Kanye West and Keeping Up with the Kardashians reality star, Kim Kardashian are selling their ‘starting home’ at $ 20 million, a price double than its original cost, according to Realtor.

Mr. and Mrs. West apparently have taken markups way too much that they decided to price their Bel Air mansion which they bought at $9 million in 2013 at such an outrageous price. With the kind of asking price that the couple put on their mansion, people are only doubting if there will be a person who would buy it.

Although there were renovations done on the mansion such as re-painting it, re-modelling the entire backyard, specifically the outdoor swimming pool, installed a gym, movie theater, bowling alley, basketball court, glam room, indoor pool, and four gold-plated toilets, the price may still be a lot too high.

However, other reports claim that the mansion is located in a hotspot and they will most likely be getting multiple offers. Perhaps the Wests did make their homework as to pricing their home. It is only fitting that they sell the property, considering they don’t use it. It is just a waste of money paying all the taxes and fees attached to it.

Rumors has it that the Wests actually did not even lived in the mansion. This was due to the delay in the renovations, and they also felt that it was too small for them. Thus, they headed to buy another home in Hidden Hills, CA, near the home of Kim’s momager, Kris Jenner. The Hidden Hills mansion is where they currently live in.

What do you think of the mansion that Kanye West and Kim Kardashian are selling? Is it fairly priced even at double its original cost? Will it sell sooner considering that the price is huge?

Join the Discussion
Real Time Analytics