I've always heard that in these 'lotto houses', the owner doesn't account for the ongoing maintenance, property taxes, & just the regular day-to-day expenses, & before they know it, the money's gone but the bills are still coming in.
I think what people need to keep in mind… if a lotto winner redid this house in 2003 that means they lived there for around 21 years. So, maybe they just downsized after their children were grown or something. Also, this house has been recently updated in all the bathroom within the last 7 years or so. So, I am going to say they were not broke. Just put the house on the market and a developer bought it. Nice video Ethan!!!
I've experienced similar. A friend left me his multimillion dollar home in California when he passed... it costs 55k a year for taxes and maintenance. My plans on staying in the home are over lol
I recently inherited a large sum of money and the 1st thing I did was contact a friend who is a financial advisor. I was planning on buying a house before the inheritance, but the money opened my options. My friend and I sat down and discussed what was financially feasible for the long term. I’m also approaching retirement age and that had to be considered. I bought a nice house that needed only minor updates, paid off our cars and set aside money for the grandkids. Now, if I don’t live past 104, we can live quite comfortably and should be ok. Think it all out and don’t get to crazy.
Trust fund under Indemnity. Open it in south Carolina. Dependin on amount, 55,000 intrest yearly on 1million. 3 million 165,000 intrest. I would put 100,00p back in and flip to 4 million in ten. Also, trustfund set up well, allows your grand children quarterly income. Not everyone tells you good advice like that. I hope u research. Look into it. Also, under indemnity. If divorce or something like that. Money stays in your family. U will need an executor. Choose your most practical child and that child choose another to over see account. Investments.
@Inkironnrum Google financial advisors in your area, then get on the BBB website and check out their reputation and success rate. A few things to consider is how much they charge for advice and their success rate. I was lucky because my advisor was a childhood friend who only charged me a grilled steak dinner for him and his wife. He advised me to invest in the market with stocks that paid dividends, create IRA accounts and not to buy large ticket items I didn’t need, i.e. a car if my current one is good. I’m old enough to start a Roth IRA that is tax exempt. Depending on your age, I would start a Roth IRA and let the money sit and make money. You have to be at least 59 1/2 before you can take money out tax free. My best advice is take your time, research your options and don’t quit your job. One last thing, don’t loan money to friends or family, you’ll never see it again. Good luck
People with high IQ become wealthy by being clever. When a regular Joe wins some money they are too dumb to manage it, so it gets taken away from them by the clever guys again through all kinds of tax traps etc
It's a matter of taste I guess. Personally, I kinda like it (because of that commercial vibe, not in spite of it). There was a period in the mid to late 90s when this was fashionable. See his comments at 17:38
Very odd spaces. Whoever was the architect designing the interior either followed odd direction or was just harvesting a boat load of money while delivering a non cohesive floor plan.
Looks like the place I went for my colonoscopy. Building 3, 2nd floor. People just don't think of the expenses to keep a house like this. Who needs something like this? If I won a big lottery and bought a house just give me a nice 4 bed 3 bath with a little inground pool in the back. Buy it for cash and not so large that I couldn't maintain it myself.
Exactly. Something in a safe area, 4 beds, 3 baths and well built. A new, reliable car and an economy trip to the Pyramids, Germany, Greece and Italy. That's it! Then, I'd spend my days painting, drawing, visiting friends, volunteering with old or sick people and eating nutritious food. I'd foster animals, too, and start a rescue nonprofit. I'd see family more...
lol, you have to remember back in the early 21 century these homes were filled with oversized furniture and artworks and lots and lots of colour to contrast the bland average beige. No doubt when it was in its prime it was filled with period character.
@@Blissfulnessence so wasteful. In New Zealand 🇳🇿 a young country we desperately try and preserve as much ‘modern’ architecture as possible because we simply don’t have anything pre 1880’s. we still have the hideous suburban sprawl and Mc Mansions, but our built heritage is valued and in fact often commands premium prices.
My aunt won the lotto in 2004 she bought 5 aces built a modest 800 square foot 2 br home made a travel host for camping with 10 sites still got money im so proud of her
This is the mistake most people who come into a windfall make---they blow their money on unsustainable things like huge homes, several automobiles, boats, campers, pricey furniture to put in their homes etc. What they should be doing is sitting down with a professional investment group to devise ways to make that money work for them and create more income. Sure you can treat yourself to a couple of luxury items but budget that money to work for you instead of blowing it all.
It really depends on your own level of financial competence. So called "professional investment groups" are great at making newly minted "high net-worth individuals" feel special, and convince them that they offer a "premium service" that's only available to the "1%", and charge extortionate fees for moderately performing investments like blue-chip stocks, or worse yet even investments that lose money like "green technology funds" or "unicorn IPOs". Then you've got you're crypto bros, and other professional crooks who are there to ensure that "fools and they're money are quickly parted". The truth is, if you got rich in a way that you didn't earn it, you won't understand how to manage it. Even trusted friends will be jealous of your windfall and if they aren't going to gain substantially from helping you, are just as likely to have you lose it, merely out of spite.
If I won the lottery I would still live in my current home. Just do a little updating. And help my kids out with some money. And start a savings account for my granddaughter.
Beware of in-laws. My DIL wasted every cent we gave our son. Her boys now have zero for college after my son died suddenly. After 20 years, I’m done. Never spent much on myself but now I do.
@@franklinsfriend2035 my son's are single. After seeing how their friends relationships have gone bad I seriously doubt either will get married. At least not without a prenuptial agreement.
Внучка вырастет и сама в себя инвестирует. Живите для себя . А внуки и детт. У них есть самое драгоценное это время, силы они в праве сами себя сделать счастливыми. Вы сделаете себя счастливым
You're never going to win the lottery; everyone talks of what they would do but will never be in that position to do; rich people are rich for a reason people who don't have money don't know how to manage money even if you win the plan you made wouldn't work in order to keep that money you have to spend you can't keep that amount of money in the bank you need investments
The exterior looks very Commercial, honestly the interior does too. I would not want to live in such a cold sterile looking environment. Nothing about this says residential home to me. It looks more like an office building.
I bet they lost their money trying to heat the place. From the outside, it looks like a library, and the inside feels stone cold. It lacks character. Nothing about the place says warm and cozy. Not exactly the vibe of a family friendly home. Did a bachelor live there? I can't even picture how the house would've looked fully furnished for comfortable, day-to-day living.
That's why I think it's bad architecture: when you have 200 square feet of dead space having no definite purpose in a room, it highlights nothing but a wasteful appreciation of perspectives. Why making the kitchen so cramped in such a huge open room, for example? It's as if they thought cooking had to be assigned to the shame corner, haha When you see everything from the entrance, your pieces of furniture must look so small it gives dollhouse. Wide open spaces work only well with hallways. From an esthetic and ergonomic standpoint, it is not a very good postmodern home. In comparison, this same style house Ethan explored was much more cleverly conceived: watch?v=1B3NQWyIg4U
@@Polemodrome For good architecture, the kitchen should be at the centre of the home. This one's perched at the top of the staircase. An absolutely massive bar. where the kitchen should be. Who designed this, Bacchus? Very clean owners though, how many bathrooms?
@@SuperNevile That's correct, and there seems to be no end of these Mcmansions with nonsensical floor plans. Nowadays, there is no reason to have a bar at home. How often is one going to use it, if he's not an alcoholic? Four? Five times a year? Before the 2000s, it was more customary to use own house to socialize with a lot of guests, friends, relatives or colleagues. People used to hang out face to face more regularly, and then multiplied the occasion to knock down drinks... It's like having a pool table at home, it seems cool on the paper but who's gonna be willing to drop by and come play with you? In this era of social medias, people generally prefer to stay in touch through a computer screen. Ecologists nag us incessantly about the cost of energy and the need to spare it. And while they often annoy me with their lecturing, I am with them on that one. Nobody not being the cast of Downton Abbey needs a 15K square feet McMansion with large solarium, high ceilings, 15 bedrooms (for people who never come to visit) and 4 living-rooms... Mostly in a region with long and cold winters.
@@Polemodrome I've never understood houses with more bathrooms than bedrooms. There's evidence of kids in this house, but it looks very child unfriendly, especially with regards to the garden and the brook, with the extra hazard of an (ex) swimming pool. My favourite house for human scale/sustainable living is Lochside in Scotland, the RIBA 2018 winner. Cheers.
Yeah, too many folks who get a bunch of money, spend it all, then realize they can't afford to pay the electric bill, let alone property taxes, etc. Pretty incredible though, although I prefer victorian or especially arts and crafts architecture, there's something I like about the uncluttered lines of some modern homes. Another great video,thanks!
Very modern architecture. The thing I think that makes this style popular is that it is an empty palette. You can decorate it like you want. Bold colors, furnature, paintings, area rugs, anything you like. It could have been beautiful. Must have been a bear to heat. I remember the house explore you did on the house with all the murals on the walls. This house would have been a blank canvas. I hope they do a lot more salvaging here. Thank you so much Ethan for showing us this house.
17:39 As a traditionalist, I have had a difficult rapport to postmodern architecture as well. But I can now see its merits, even though it's not my cup of tea. When it's executed amazingly, the artful placement of niches, skylights, holes, beams, arches, nooks and windows brings a stark contrast to the simplicty of the floor plan. The house becomes like a formal abstract art piece as far as your gaze goes. The problem of this one, is that it has so much space to play with, it is laid out without much imagination. The spatial constraints while staging perspectives are what make the architectural style so vibrant.
From the back of the house it looked like a school. Inside every room was large enough to be classrooms. All stark and sterile. I like modern, but this one just pushed me down the snow out back! 💖💖💖💖💖💖
Anyone who wins or inherits a large sum of money needs a financial advisor. They would have been told from the start what type of house in what location would be sustainable financially in terms of taxes and upkeep expenses for the long haul. An actually “budget chart” would be drafted on say what the winner will want to use the money for… new car, vacations, new house, kids educations etc. and will show how much money can only be spent in order to avoid something like this. I read about a local guy who won 3 million dollars only to go broke in a year by taking rap singing lessons to actually illegally buying a tiger. Friends and family needed “loans” too plus this guy bought several cars, RV’s and boats. Maybe people are under the misguided impression they will live off the interest while they are totally depleting the principal.
I heard a story about a young guy who came into a lot of money from an accident. He got a job working offshore and got his foot cut off when he slipped and fell into a shaker machine. He was 21 when it happened. After the lawsuits and attorneys were done he ended up with close to $4M. The guy did everything wrong that you can imagine. He built a huge house on his grandparents property that was surrounded by mobile homes. He blew money like crazy on wild women who all tried to decorate his house with outlandish carpets and vases and statues. He got hooked on drugs. Cocaine i think it was. Eventually he ran out of money and couldn't even afford the electric bill for the big house. He couldn't sell the house because of it's location....of course nobody would buy that. With his last bit of money he had left he bought a single wide mobile home and set it up on the property next to the big house and moved into that. All of this only took 2 or 3 years and in the end he was left no money, no women, no house and no foot. Well maybe he had a fake foot.
What fees are you talking about? In Croatia, Europe when you buy real estate, you pay a tax of 2% after the purchase, the amount depends on the price of the real estate, and that's it. Healthcare, dentists, surgeries, everything is almost free, there are no homeless people. I think America is a country for rich and healthy people. Sick!
Seems like the lotto winners should have someone assigned who can tell them the true costs of owning such a place. Lots of 2nd or 3rd generational wealth dissipates for similar reasons. They always say making the money isn’t as difficult as keeping it.
I swear that that house was rebuilt by This Old House and the front window was actually the kitchen cuz they had to work around the venting but that looks just like one that was done a few years back!
I love modern houses like this, there’s just so much you can do to decorate them with colorful things and cool furniture, kind of sad they are going to tear the whole thing down, there’s an awful lot of expensive materials in there even now. And a great lot too. Our disposable society.
Hey, Ethan, are you doing? Hope you're doing well. And no more call Tiff gotten you down. You know, I've sent you a couple messages before. And it's still amazes me how they can come in. And just tear down all these beautiful, older homes. There could be rehabbed fixed up and sold. I mean, I've been watching you for a good 68 months. And I love that you do these older homes? I'd rather have one of these older homes. Fix it up and live in that. Then these new modern style homes. Then older ones are more cozy. They're more just all around beautiful homes in the craftsmanship. Yes, 10 times is better than this n New stuff. I just hope you keep doing what you're doing. Cause I enjoy watch you document all these homeless before they're torn to shreds. I hope you are you able to find More of them Older homes. Stay safe, try to stay healthy. And I look forward to watching many more videos that you put out. Thank you for doing what you do, Matt from Michigan In the states..
Wow such a Massive House. I really love the hardwood flooring throughout. Very smart idea. Much easier for cleaning. Great job with this one. As always. Take Care & Have a Fantastic Weekend coming up. Peace Out!
A lot of prize winner homes here in Australia end up up on the market for sale as the winners couldn't maintain the upkeep and ongoing bills and expenses. Thanks for sharing Ethan 👍
I love modern homes when they're done right. This one is done pretty right. They need to be quirky and have a nice flow about them. This house checks off all the boxes for me.
Pretty cool house Ethan. Great they’re salvaging lots of stuff but still lots of waste left behind. Mostly large spaces inside but perhaps it lacks a bit of warmth. Would have been cool to see before renovation. The kitchen Makes me a bit nervous with the balconies. The fireplace a bit too much of modern design. Nice bar area and great entertainment space. It’s neat to visit but I would need it to be refinished with a bit more warmth and color. Thanks for sharing. Take care be well and stay safe!
I don't like those modern houses. I would rather have an old fashion house with a porch that goes the length of the front of the house with 4 bedrooms, TWO bathrooms, an attic and a basement. Also a front yard that isn't too big and a big back yard. I wouldn't have a modern house if someone gave it to me.
Beautiful house Ethan ❤its beautiful day here in Wisconsin in the 50s . hopefully in Canada it has nice weather. unfortunately people that are not use to having alot of money an won the lottery ,it is common even in United States goes in to bankruptcy , because alot of time the people dont know how to manage the money
Amazing house,I'm not a big fan of the outside,looks like a office building and seems to be alot of wasted space.bedrooms were kinda blah.and needed more of them,I counted only 3 including master
"Mid-century Modern", interior white white white white might as well be all drywall. Sometimes black or wood details. Minimalism is the death of style. Money can't buy taste that's for sure. This house was never cool.
For anyone wondering how a 'mansion' could send someone broke, it goes way beyond construction cost. th-cam.com/video/8uE8sM-JWFA/w-d-xo.html Whatever you think of Producer Michael or LA, I assume that every state in the US has land taxes. Unless you live to clean and you adore microwaved meals, chances are that you will want staff. The bigger the house, the more you are paying for utilities. This 'lotto winner' had probably grown up with very little and thought the money would never run out - short of buying a yacht or a private plane (!), I can't think of a better way to dig a hole for that money : he or she may as well have thrown themselves in with whatever was left.
That is the coldest house I've ever seen. It looks like an office building on the outside and not much personality on the inside. I can understand why it's being torn down.
Hi Ethan Words like HUGE and MASSIVE really do describe this house. They must have had at least 1 maid. This house has it all. They didn’t spare any expense fixing up after the fire. They went a little overboard and ran out of money. It’s a shame because this beautiful house with all its charm is sitting empty awaiting the well known wrecking ball. It seems like if a house is empty for any length of time it has to get demolished. That’s so wrong. At least they are repurposing the doors and all else. I was afraid those guy’s were going to come in while you were there. This was a nice find on your part Ethan. You always do seem to find the best for us your subs. Thank you for sharing this lovely house with us. See you in the next one until then stay safe and well.👍🆒. This was way COOL.😊
Thank You Ethan for another great Mansion find.You are one of my favorite to show these houses because you put alot of work into the history of theses homes.Can't wait for the next find
To me this house looks like a school from the outside. In the inside it’s cold and uninteresting!! There is nothing homey about it at all!! A big no thank you!!!
Hi Ethan a super great find. The one room looks like a bowling alley could've been there. 🤣🤣 Huge home . To bad they lost it. Most lottery winners lose in the end. Probably couldn't afford the taxes.
Genuinely curious, do you worry about getting caught during your walk throughs? I’d love to explore abandoned houses but I’d be terrified of running into owners or law enforcement if someone saw me and reported it.
The police have been defunded and humiliated by our current administration... People are losing their jobs for trying to stop shoplifting ..😢. So do u think they really give a shit about some abandoned shit hole??? #This is America
Not a favorite of mine. This house looks like an office building with all those floor to ceiling plain windows. Too plain for me. Couldnt give me that house for free. Sorry. But thanks Ethan
Hey Ethan, good find! I live in a MCM home and this one is has none of the classic features, warm wood finishes, architecture, etc of a MCM home. Looks to me like a "McMansion" built in the 80s. According to investopedia," The appearance of McMansions began in the 1980s and continued through the 2000s up until the financial crisis. McMansions initially were built as statement pieces rather than practical places to live. They so were built with cheap materials or poor construction to check off must-have items like a pool or bonus room." Fits, right? Also, if it was initially MCM, they may have killed it with the 2003 reno. Gotta say, I find it cold and rather ugly. A shame how some lotto winners blow it all when they could be financially set for life. Anyway, thanks for sharing and I subbed - I like your authenticity:)
I've always heard that in these 'lotto houses', the owner doesn't account for the ongoing maintenance, property taxes, & just the regular day-to-day expenses, & before they know it, the money's gone but the bills are still coming in.
I think what people need to keep in mind… if a lotto winner redid this house in 2003 that means they lived there for around 21 years. So, maybe they just downsized after their children were grown or something.
Also, this house has been recently updated in all the bathroom within the last 7 years or so. So, I am going to say they were not broke. Just put the house on the market and a developer bought it.
Nice video Ethan!!!
I've experienced similar. A friend left me his multimillion dollar home in California when he passed... it costs 55k a year for taxes and maintenance. My plans on staying in the home are over lol
Yes, the expense of heating and cooling a place like that would be tremendous, I think with someone so naïve, the first bill would totally shock them.
@@Andysaid420 Surely that has to be unconstitutional😂😂. 55k in taxes?????
@@rickmorty7284 fr property taxes are terrible
I recently inherited a large sum of money and the 1st thing I did was contact a friend who is a financial advisor. I was planning on buying a house before the inheritance, but the money opened my options. My friend and I sat down and discussed what was financially feasible for the long term. I’m also approaching retirement age and that had to be considered. I bought a nice house that needed only minor updates, paid off our cars and set aside money for the grandkids. Now, if I don’t live past 104, we can live quite comfortably and should be ok. Think it all out and don’t get to crazy.
Trust fund under Indemnity. Open it in south Carolina. Dependin on amount, 55,000 intrest yearly on 1million. 3 million 165,000 intrest. I would put 100,00p back in and flip to 4 million in ten. Also, trustfund set up well, allows your grand children quarterly income. Not everyone tells you good advice like that. I hope u research. Look into it. Also, under indemnity. If divorce or something like that. Money stays in your family. U will need an executor. Choose your most practical child and that child choose another to over see account. Investments.
Honestly. No one needs more then 3 bedroom house over 50. Even that's bit much.
I’m in a similar situation. What should I look for with a financial advisor?
@Inkironnrum
Google financial advisors in your area, then get on the BBB website and check out their reputation and success rate. A few things to consider is how much they charge for advice and their success rate. I was lucky because my advisor was a childhood friend who only charged me a grilled steak dinner for him and his wife. He advised me to invest in the market with stocks that paid dividends, create IRA accounts and not to buy large ticket items I didn’t need, i.e. a car if my current one is good. I’m old enough to start a Roth IRA that is tax exempt. Depending on your age, I would start a Roth IRA and let the money sit and make money. You have to be at least 59 1/2 before you can take money out tax free. My best advice is take your time, research your options and don’t quit your job. One last thing, don’t loan money to friends or family, you’ll never see it again. Good luck
It’s not rocket science..
Everyone got rich , except the guy who won the cash !
Right that's what usually what happens
He/She did get rich, they lived the life for a while. I would bet it didn't go away too quickly. They enjoyed it for a while...
People with high IQ become wealthy by being clever. When a regular Joe wins some money they are too dumb to manage it, so it gets taken away from them by the clever guys again through all kinds of tax traps etc
That has got to be one of the ugliest exteriors on a home I've ever seen. It looks like a commercial building or maybe a school. Terrible.
It's a matter of taste I guess. Personally, I kinda like it (because of that commercial vibe, not in spite of it). There was a period in the mid to late 90s when this was fashionable. See his comments at 17:38
My thoughts as well! Nothing homey about the place. Geesh....
It looks like McDonald's
I was thinking that the whole video it doesn't fit the area it's in at all. It belongs in a upper crust sub division down town somewhere.
I thought exactly the same thing...or looked like a school built in some crappy low income area.
Looks like a medical office building from the outside 😅 love the location though
I thought the same thing! 😂
Yeah, it was a “style” in the mid-1980’s. Very “Miami Vice.” Kinda cold and sterile.
I ran to the comments to say the same 😂😂😂😂
@@lorrainemartinez6570 🤣🤣
It’s not giving cosy, warm, family friendly….etc
Very odd spaces. Whoever was the architect designing the interior either followed odd direction or was just harvesting a boat load of money while delivering a non cohesive floor plan.
This has to be the best comment on here.
Looks like the place I went for my colonoscopy. Building 3, 2nd floor. People just don't think of the expenses to keep a house like this. Who needs something like this? If I won a big lottery and bought a house just give me a nice 4 bed 3 bath with a little inground pool in the back. Buy it for cash and not so large that I couldn't maintain it myself.
Right, it's all about using the money wisely. Just buy a regular home and then help others give to good causes.
Giving to 'good causes' sounds nice but isn't going to help stop you going bankrupt@@snowcapkitty2
Exactly. Something in a safe area, 4 beds, 3 baths and well built. A new, reliable car and an economy trip to the Pyramids, Germany, Greece and Italy. That's it! Then, I'd spend my days painting, drawing, visiting friends, volunteering with old or sick people and eating nutritious food. I'd foster animals, too, and start a rescue nonprofit. I'd see family more...
@@Artemis-z2k foster animals and a rescue non-profit 👍👍👍👍
It seems more like an office building than a home.
Large, but really lacking any kind of character.
Thanks Ethan, i often lurk lol.
lol, you have to remember back in the early 21 century these homes were filled with oversized furniture and artworks and lots and lots of colour to contrast the bland average beige. No doubt when it was in its prime it was filled with period character.
@@craiggillett5985 Could be. i tried to imagine it furnished and decorated. All the natural light is a plus.
Totally agree cold
@@Blissfulnessence so wasteful. In New Zealand 🇳🇿 a young country we desperately try and preserve as much ‘modern’ architecture as possible because we simply don’t have anything pre 1880’s. we still have the hideous suburban sprawl and Mc Mansions, but our built heritage is valued and in fact often commands premium prices.
I thought the exact same thing!!!
My aunt won the lotto in 2004 she bought 5 aces built a modest 800 square foot 2 br home made a travel host for camping with 10 sites still got money im so proud of her
Looks like a office building from outside
That was my first impression too.
Office buildings copied the mid century modern style from residential homes which is why we all think it looks like a commercial space
I don’t see much to this house! Not Homie and there’s no character to it
It was
I thought the same thing. And much of the inside looks like an office space.
This is the mistake most people who come into a windfall make---they blow their money on unsustainable things like huge homes, several automobiles, boats, campers, pricey furniture to put in their homes etc. What they should be doing is sitting down with a professional investment group to devise ways to make that money work for them and create more income. Sure you can treat yourself to a couple of luxury items but budget that money to work for you instead of blowing it all.
It really depends on your own level of financial competence. So called "professional investment groups" are great at making newly minted "high net-worth individuals" feel special, and convince them that they offer a "premium service" that's only available to the "1%", and charge extortionate fees for moderately performing investments like blue-chip stocks, or worse yet even investments that lose money like "green technology funds" or "unicorn IPOs". Then you've got you're crypto bros, and other professional crooks who are there to ensure that "fools and they're money are quickly parted". The truth is, if you got rich in a way that you didn't earn it, you won't understand how to manage it. Even trusted friends will be jealous of your windfall and if they aren't going to gain substantially from helping you, are just as likely to have you lose it, merely out of spite.
Not that I ever will, but if I did win a large sum of money, I would have it infested and be sent the interest checked every month.
Reminds me of the 1960s 70s schools in the US, from the outside. Not my favorite house. To much unexpected space for me.
Me too, except I'd call it dead space lol
🎉🎉😂😂SAME THOUGHT!!
I'm thinking the EXACT same thing. A school building
Exactly what I thought!!!!
I went to a middle school that looked exactly like that. Hideous place, I got bullied there and even the teachers were awful...
If I won the lottery I would still live in my current home. Just do a little updating. And help my kids out with some money. And start a savings account for my granddaughter.
Beware of in-laws. My DIL wasted every cent we gave our son. Her boys now have zero for college after my son died suddenly. After 20 years, I’m done. Never spent much on myself but now I do.
@@franklinsfriend2035 my son's are single. After seeing how their friends relationships have gone bad I seriously doubt either will get married. At least not without a prenuptial agreement.
Внучка вырастет и сама в себя инвестирует. Живите для себя . А внуки и детт. У них есть самое драгоценное это время, силы они в праве сами себя сделать счастливыми. Вы сделаете себя счастливым
Same
You're never going to win the lottery; everyone talks of what they would do but will never be in that position to do; rich people are rich for a reason people who don't have money don't know how to manage money even if you win the plan you made wouldn't work in order to keep that money you have to spend you can't keep that amount of money in the bank you need investments
The amazing thing about the lotteries in Canada is that the winnings are totally tax-free! So person who built house really blew it big-time.
😮😮😮
The exterior looks very Commercial, honestly the interior does too. I would not want to live in such a cold sterile looking environment. Nothing about this says residential home to me. It looks more like an office building.
I bet they lost their money trying to heat the place.
From the outside, it looks like a library, and the inside feels stone cold. It lacks character. Nothing about the place says warm and cozy. Not exactly the vibe of a family friendly home. Did a bachelor live there?
I can't even picture how the house would've looked fully furnished for comfortable, day-to-day living.
It's the kind of house you walk into and are afraid to walk or sit anywhere or even touch anything. Nice and homey.
That home looks like a recreation center, beautiful ❤️
That's what I was thinking. Bowling alley at least.
This home is giving library and rec center. I don’t know if it’s beautiful… But it’s definitely big 😂
Can you imagine how much furniture you'd need to have to fill these rooms??!! What a marvelous find.
No wonder they blew all their money
That's why I think it's bad architecture: when you have 200 square feet of dead space having no definite purpose in a room, it highlights nothing but a wasteful appreciation of perspectives. Why making the kitchen so cramped in such a huge open room, for example? It's as if they thought cooking had to be assigned to the shame corner, haha
When you see everything from the entrance, your pieces of furniture must look so small it gives dollhouse. Wide open spaces work only well with hallways. From an esthetic and ergonomic standpoint, it is not a very good postmodern home. In comparison, this same style house Ethan explored was much more cleverly conceived: watch?v=1B3NQWyIg4U
@@Polemodrome For good architecture, the kitchen should be at the centre of the home. This one's perched at the top of the staircase. An absolutely massive bar. where the kitchen should be. Who designed this, Bacchus? Very clean owners though, how many bathrooms?
@@SuperNevile
That's correct, and there seems to be no end of these Mcmansions with nonsensical floor plans. Nowadays, there is no reason to have a bar at home. How often is one going to use it, if he's not an alcoholic? Four? Five times a year?
Before the 2000s, it was more customary to use own house to socialize with a lot of guests, friends, relatives or colleagues. People used to hang out face to face more regularly, and then multiplied the occasion to knock down drinks...
It's like having a pool table at home, it seems cool on the paper but who's gonna be willing to drop by and come play with you?
In this era of social medias, people generally prefer to stay in touch through a computer screen.
Ecologists nag us incessantly about the cost of energy and the need to spare it. And while they often annoy me with their lecturing, I am with them on that one. Nobody not being the cast of Downton Abbey needs a 15K square feet McMansion with large solarium, high ceilings, 15 bedrooms (for people who never come to visit) and 4 living-rooms... Mostly in a region with long and cold winters.
@@Polemodrome I've never understood houses with more bathrooms than bedrooms. There's evidence of kids in this house, but it looks very child unfriendly, especially with regards to the garden and the brook, with the extra hazard of an (ex) swimming pool. My favourite house for human scale/sustainable living is Lochside in Scotland, the RIBA 2018 winner. Cheers.
We call them Jack and Jill bathrooms here in the States too. Great house!
Yeah, too many folks who get a bunch of money, spend it all, then realize they can't afford to pay the electric bill, let alone property taxes, etc. Pretty incredible though, although I prefer victorian or especially arts and crafts architecture, there's something I like about the uncluttered lines of some modern homes. Another great video,thanks!
Very modern architecture. The thing I think that makes this style popular is that it is an empty palette. You can decorate it like you want. Bold colors, furnature, paintings, area rugs, anything you like. It could have been beautiful. Must have been a bear to heat. I remember the house explore you did on the house with all the murals on the walls. This house would have been a blank canvas. I hope they do a lot more salvaging here. Thank you so much Ethan for showing us this house.
❤perfect timing I was literally sitting here thinking what am I going to watch, thank you Ethan!!!
Another beautiful home bites the dust and replaced with disposable junk designed to last a decade. Obscene.
I wouldn't term it as beautiful, but you're other points are valid.
This house has TERRIBLE flow with low ceilings everywhere. Awful 😖
Place looks like an abandon elementary school rather than a house.
I can hear Depech Mode blasting in every room..
Yeah! I just can’t get enough of
17:39 As a traditionalist, I have had a difficult rapport to postmodern architecture as well. But I can now see its merits, even though it's not my cup of tea.
When it's executed amazingly, the artful placement of niches, skylights, holes, beams, arches, nooks and windows brings a stark contrast to the simplicty of the floor plan. The house becomes like a formal abstract art piece as far as your gaze goes. The problem of this one, is that it has so much space to play with, it is laid out without much imagination. The spatial constraints while staging perspectives are what make the architectural style so vibrant.
This is one of the ugliest houses ive ever seen. It looks very depressing! It doesnt even look mansion like , or house like...such a sad place...😮😢
Quite spacious ❤indeed love the floors and natural light
I would say the big room at the front, off the living roon was probably a library or office.
From the back of the house it looked like a school. Inside every room was large enough to be classrooms. All stark and sterile. I like modern, but this one just pushed me down the snow out back! 💖💖💖💖💖💖
The front room to the right when you enter the house IS NOT A MASTER BED!!!😅
Love all the light coming in all the windows!!
That's not a house. That's a flipping office building.
Some people don’t like the modern day medical building look but I love ❤️ it!👍👍👍😍
Anyone who wins or inherits a large sum of money needs a financial advisor. They would have been told from the start what type of house in what location would be sustainable financially in terms of taxes and upkeep expenses for the long haul. An actually “budget chart” would be drafted on say what the winner will want to use the money for… new car, vacations, new house, kids educations etc. and will show how much money can only be spent in order to avoid something like this. I read about a local guy who won 3 million dollars only to go broke in a year by taking rap singing lessons to actually illegally buying a tiger. Friends and family needed “loans” too plus this guy bought several cars, RV’s and boats. Maybe people are under the misguided impression they will live off the interest while they are totally depleting the principal.
I heard a story about a young guy who came into a lot of money from an accident. He got a job working offshore and got his foot cut off when he slipped and fell into a shaker machine. He was 21 when it happened. After the lawsuits and attorneys were done he ended up with close to $4M. The guy did everything wrong that you can imagine. He built a huge house on his grandparents property that was surrounded by mobile homes. He blew money like crazy on wild women who all tried to decorate his house with outlandish carpets and vases and statues. He got hooked on drugs. Cocaine i think it was. Eventually he ran out of money and couldn't even afford the electric bill for the big house. He couldn't sell the house because of it's location....of course nobody would buy that. With his last bit of money he had left he bought a single wide mobile home and set it up on the property next to the big house and moved into that. All of this only took 2 or 3 years and in the end he was left no money, no women, no house and no foot. Well maybe he had a fake foot.
The closing remark 😂
Seems such a shame to demolish this it looks in very good condition
New owner probably doesn’t want to pay the taxes on the structure
It looks like a business from the outside! It is ugly no wonder they are going destroy it!
Thanks for sharing ❣️
Beautiful home. Small bathrooms. Large bedrooms. LOVE ❤️ the floors.
Too bad they are destroying 😢
Beautiful home, dont make me laugh
What fees are you talking about?
In Croatia, Europe when you buy real estate, you pay a tax of 2% after the purchase, the amount depends on the price of the real estate, and that's it.
Healthcare, dentists, surgeries, everything is almost free, there are no homeless people.
I think America is a country for rich and healthy people.
Sick!
It’s a shame this house is going to be gone soon Ethan 😳
GOOD RIDDANCE !! ITS UGLY! TOO ANTISEPTIC!
Love all the space this house has! Cool video bro! ❤️🤘👍
Seems like the lotto winners should have someone assigned who can tell them the true costs of owning such a place. Lots of 2nd or 3rd generational wealth dissipates for similar reasons. They always say making the money isn’t as difficult as keeping it.
I swear that that house was rebuilt by This Old House and the front window was actually the kitchen cuz they had to work around the venting but that looks just like one that was done a few years back!
I love modern houses like this, there’s just so much you can do to decorate them with colorful things and cool furniture, kind of sad they are going to tear the whole thing down, there’s an awful lot of expensive materials in there even now. And a great lot too. Our disposable society.
Wow! This place was massive! SO cool! I would’ve loved to see the pool before that was torn out.
Looks like a office building. Not too much comfort in this home. Great explore! 😊
Hey, Ethan, are you doing? Hope you're doing well. And no more call Tiff gotten you down. You know, I've sent you a couple messages before. And it's still amazes me how they can come in. And just tear down all these beautiful, older homes. There could be rehabbed fixed up and sold. I mean, I've been watching you for a good 68 months. And I love that you do these older homes? I'd rather have one of these older homes. Fix it up and live in that. Then these new modern style homes. Then older ones are more cozy. They're more just all around beautiful homes in the craftsmanship. Yes, 10 times is better than this n New stuff. I just hope you keep doing what you're doing. Cause I enjoy watch you document all these homeless before they're torn to shreds. I hope you are you able to find More of them Older homes. Stay safe, try to stay healthy. And I look forward to watching many more videos that you put out. Thank you for doing what you do, Matt from Michigan In the states..
The jack and jill bathrooms, we call them here in america also hollywood bathrooms.
Looks like an office building.
I cannot believe I heard you say “ you like modern homes!? Lol. They lack any kind of warmth to me. But they are cool to look at. 😊
Awesome find Ethan 😎
It looks like a school from the outside
Wow such a Massive House. I really love the hardwood flooring throughout. Very smart idea. Much easier for cleaning. Great job with this one. As always. Take Care & Have a Fantastic Weekend coming up. Peace Out!
A lot of prize winner homes here in Australia end up up on the market for sale as the winners couldn't maintain the upkeep and ongoing bills and expenses. Thanks for sharing Ethan 👍
Do you have an links?
If the original home was MCM, they managed to remove all the original MCM and transform it into a retail park office building.
Did this guy grow up in an institution ??? It looks like a medical bldg or a school! WTF ???? I'd rather live in a trailer park !!!
Lol!!!
I agree!!
I love modern homes when they're done right. This one is done pretty right. They need to be quirky and have a nice flow about them. This house checks off all the boxes for me.
Agree. This was really well done.
Thank you for taking us along with you during this neat modern explore.
Pretty cool house Ethan. Great they’re salvaging lots of stuff but still lots of waste left behind. Mostly large spaces inside but perhaps it lacks a bit of warmth. Would have been cool to see before renovation. The kitchen
Makes me a bit nervous with the balconies. The fireplace a bit too much of modern design. Nice bar area and great entertainment space. It’s neat to visit but I would need it to be refinished with a bit more warmth and color. Thanks for sharing. Take care be well and stay safe!
My cousin got 1.5 million from my late grandpa, I got 500K. Guess who's a millionaire now? (hint it isn't my cousin).
You never look through draws and jewelry boxes, that's what people wanna see, we wanna know about all the value left behind, !
Wonder what is replacing it. It looked like it was in good shape and would have been easy to give a few updates.
a much larger house will be built here
I don't like those modern houses. I would rather have an old fashion house with a porch that goes the length of the front of the house with 4 bedrooms, TWO bathrooms, an attic and a basement. Also a front yard that isn't too big and a big back yard. I wouldn't have a modern house if someone gave it to me.
Beautiful house Ethan ❤its beautiful day here in Wisconsin in the 50s . hopefully in Canada it has nice weather. unfortunately people that are not use to having alot of money an won the lottery ,it is common even in United States goes in to bankruptcy , because alot of time the people dont know how to manage the money
It looks like a old school from the outside
Amazing house,I'm not a big fan of the outside,looks like a office building and seems to be alot of wasted space.bedrooms were kinda blah.and needed more of them,I counted only 3 including master
You shouldn’t do that alone. Please be safe
Thank you for another great video Ethan 👍❤️😎
It looks like a school house I would never buy a mansion if I win the lottery can you imagine the up keep
I’m surprised how really low a lot of the ceilings are.
For that house. That is an awful kitchen. I can a lot of wasted space. I can see why they would tear that down unfortunately.
Do they ever think about how much to keep it up a year?.. you run out of money then your pooched
Wow love the wet bar, wine cellar and fireplace.
Looks like a lawyer or oncologist office. No appeal at all.
"Mid-century Modern", interior white white white white might as well be all drywall. Sometimes black or wood details. Minimalism is the death of style. Money can't buy taste that's for sure. This house was never cool.
For anyone wondering how a 'mansion' could send someone broke, it goes way beyond construction cost.
th-cam.com/video/8uE8sM-JWFA/w-d-xo.html
Whatever you think of Producer Michael or LA, I assume that every state in the US has land taxes. Unless you live to clean and you adore microwaved meals, chances are that you will want staff. The bigger the house, the more you are paying for utilities. This 'lotto winner' had probably grown up with very little and thought the money would never run out - short of buying a yacht or a private plane (!), I can't think of a better way to dig a hole for that money : he or she may as well have thrown themselves in with whatever was left.
That is the coldest house I've ever seen. It looks like an office building on the outside and not much personality on the inside. I can understand why it's being torn down.
Ethan, you are getting better. Thanks for this nice video!
Hi Ethan
Words like HUGE and MASSIVE really do describe this house. They must have
had at least 1 maid. This house has it all. They didn’t spare any expense fixing
up after the fire. They went a little overboard and ran out of money. It’s a shame
because this beautiful house with all its charm is sitting empty awaiting the
well known wrecking ball. It seems like if a house is empty for any length of
time it has to get demolished. That’s so wrong. At least they are repurposing
the doors and all else. I was afraid those guy’s were going to come in while
you were there.
This was a nice find on your part Ethan. You always do seem to find the best
for us your subs. Thank you for sharing this lovely house with us. See you in
the next one until then stay safe and well.👍🆒. This was way COOL.😊
Very ugly cheap house and whoever built saw the poor lotto winner as a Chump? That ugly house looks like a school?
it looks quite commercial indeed
That's not a "dream house" thats a mistake. It looks like a commercial office space. Requires a turnover.
Thank You Ethan for another great Mansion find.You are one of my favorite to show these houses because you put alot of work into the history of theses homes.Can't wait for the next find
To me this house looks like a school from the outside. In the inside it’s cold and uninteresting!! There is nothing homey about it at all!! A big no thank you!!!
some people have the worst taste...that "mansion" looks like a low rent office building
What an odd floor plan
Hi Ethan a super great find. The one room looks like a bowling alley could've been there. 🤣🤣 Huge home . To bad they lost it. Most lottery winners lose in the end. Probably couldn't afford the taxes.
Or the upkeep and maintenance, or living expenses. or the cocaine.
That’s what I thort too, or a cinema room
All of the above. It was a short time, a good time but not a long time!
I want that place!! Love it…⚜️
The word for such things in centuries gone by was... a folly.
I'd have a couple of outside balconies and a rooftop deck with a hot tub.
Genuinely curious, do you worry about getting caught during your walk throughs? I’d love to explore abandoned houses but I’d be terrified of running into owners or law enforcement if someone saw me and reported it.
The police have been defunded and humiliated by our current administration...
People are losing their jobs for trying to stop shoplifting ..😢.
So do u think they really give a shit about some abandoned shit hole???
#This is America
Outside it looks like my elementary school
Looks like an old school. . . It's horrible from the outside.
Yeah, Jack & Jill here in the UK
why tear it down? whoever bought it is well you know...
Does not look like a home. Looks like my doctors office.
Meh, too big and too blah. Love the kitchen and the master bathtub. ❤❤❤❤❤❤❤❤❤be safe Ethan, take care.❤❤❤❤
Not a favorite of mine. This house looks like an office building with all those floor to ceiling plain windows. Too plain for me. Couldnt give me that house for free. Sorry. But thanks Ethan
Hey Ethan, good find! I live in a MCM home and this one is has none of the classic features, warm wood finishes, architecture, etc of a MCM home. Looks to me like a "McMansion" built in the 80s. According to investopedia," The appearance of McMansions began in the 1980s and continued through the 2000s up until the financial crisis. McMansions initially were built as statement pieces rather than practical places to live. They so were built with cheap materials or poor construction to check off must-have items like a pool or bonus room." Fits, right? Also, if it was initially MCM, they may have killed it with the 2003 reno. Gotta say, I find it cold and rather ugly. A shame how some lotto winners blow it all when they could be financially set for life. Anyway, thanks for sharing and I subbed - I like your authenticity:)
I think this remodel was well done. What a shame it has to be torn down. I’m sure they’ll build some ugly McMansion . Thanks for rsharing