A House For Sale Near Walmart Is For Sale For $2.5 Million

In this article, I will discuss how much a typical ranch-style house can cost you and how to calculate your Opportunity Cost. This article will focus on two areas: the price of a standard ranch-style home, and how much you can expect to pay in taxes for 2018. I’ll also discuss the opportunity cost for an individual investor.

Price of a standard ranch-style home

A lone brick home on a 2.3-acre lot near Walmart is for sale, and the asking price is $2.5 million. Kleven Real Estate Inc., the listing agent, says he has received a few inquiries and no offers. It was built 67 years ago, when this area was largely rural.

Opportunity cost for individual investors

The Opportunity Cost is a concept that applies to all choices we make, whether they are financial or non-financial. We have limited resources in life, including money and time. As a result, we have to weigh the costs and benefits of our decisions carefully.

An opportunity cost is the value of something you give up to obtain another thing. For example, if you were given the choice of buying a new bike over a used one, you’d forego the chance to earn interest on the money you would have spent. The same thing goes for investing. If you save a few hundred dollars for a trip to France, your opportunity cost would be four times higher than your income.

Another common example of an opportunity cost is a cheeseburger. If you buy one every day, you’ll spend $4.50 on a cheeseburger, but you’ll miss out on a lot of other opportunities in the same timeframe. Over a period of 25 years, that’s $52,000. Even if you assume that the RoR for investment is 5%, you’ll find that opportunity costs are everywhere and are involved in every investment decision you make.