Now Reading: 'Sister Wives': Kody Brown Can Make $300K Profit From Coyote Pass Land, Will It Improve Their Financial Situation?
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'Sister Wives': Kody Brown Can Make $300K Profit From Coyote Pass Land, Will It Improve Their Financial Situation?
'Sister Wives': Kody Brown Can Make $300K Profit From Coyote Pass Land, Will It Improve Their Financial Situation?
Sister Wives star Kody Brown is currently the owner of land whose value has recently risen. Before the latest season, the Brown family patriarch decided to make a big move from Las Vegas to Flagstaff, Arizona. According to him, he was taking this decision with his family’s best interest at heart.
Sister Wives: Thoughts On Kody’s Decision To Move
Fans have always wondered whether the decision to move to Flagstaff was a hasty one. According to them, there is a chance he might not have thought this out in the end. In the beginning, he promised that the family would lead a better life there. However, as per current events, we know that the Browns have been drowning financially. However, most think that Kody should have sold out the property in Las Vegas before making a move. Things would have been much easier for the family.
Recent Sales Data Shows Silver Lining For The Brown Family
According to Soapdirt, the property rates of Coyote Pass have risen, and it is an ideal situation for the family to cash out if they are really into that much of debt. He purchased approximately 12 acres of land known as Coyote Pass in Flagstaff. The family paid $820,000 altogether, with the land divided into four parcels. Three parcels stretch to 2.5 acres. The largest parcel is 5 acres, and it belongs to Christine. It is interesting to note that the owner of the largest parcel is not Robyn. We have seen her get some really special treatment. Moreover, Kody has been spending an awful lot of time with her.
TLC
The Brown family has given 10% of the total amount as a down payment. It costs them $4000, excluding property taxes per month. Things started to go downhill when their properties in Las Vegas took a year to sell out. Moreover, the lands are still underdeveloped. They are going to need a construction loan to build houses to accommodate all the four wives. After all, Kody’s blueprint of a single house hasn’t earned approval from the wives yet.
When the last season of Sister Wives was about to wrap up, Kody put forth the idea of all the wives living under the same roof. Without any consideration, the wives declined unanimously. However, Kody, with the help of an architect, prepared a blueprint for a house. In the house, there were four separate sections divided well, so that the wives could have their own space. No one seemed to be enthusiastic about this idea either.
Sister Wives: Worth of Coyote Pass, Should Kody Sell?
The current rate of Coyote pass is $1,100,000.00. It’s $300,000 profit, and selling Coyote pass makes sense considering the financial situation of the family. Let’s see what Kody decides!
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