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by meaty 4881 days ago
I don't think it works like that. The amount my house is worth is based on the number of rooms, the location and the condition, not the accumulated effort to build it.
2 comments

So… it does work like that. The value of the collection and of your house is a combination of its raw value, as well as less tangible/quantifiable factors (location, condition) – not to mention supply/demand.

The accumulated effort of building your house – and thus the worth – is encapsulated right there in the number of rooms, location, and condition. In fact, I'd bet the human effort in building a house (planning, building, decorating) is more than the cost of bricks and mortar.

I believe it does, labor cost is part of the price.