Of course, the market for a home of this magnitude is very narrow; only 5 to 10 bidders are expected. All bidders must put down a $250,000 deposit in order to get some bidding action. The minimum bid is $10.3 million dollars, nearly $24.7 million lower than the current listing price of $35 million. The $10.3 million minimum bid is also $61.7 million lower than the highest listing price in the past 8 years of $72 million.
Best of luck to those (if reading) bidding on Friday the 30th.
For further reading on the Champ, visit our main article on the home: Bringing France to Texas - The Champ d'Or Mansion and Estate, Inspired by the Vaux-le-Vicomte, in Hickory Creek, Texas
Thanks for reading,