TheMonopolyProject (TMP) is still Number 1 and climbing.
Even more so than last month. This month we added $13K in equity.
TheMonopolyProject rocketed to the top with a total Score of $198,432. We easily outscored the stock market (VTSAX), WOOD, and even Gold.
TMP now has 2.0 houses; that is, one house wholly owned (Valencia) and two houses half owned with Jeff; 29th Avenue and Toltec.
TOTAL ASSETS = TMPbank_Account + TMP2bank_Account/2 + TMP_Valencia + TMP2_29th/2 + TMP2_Toltec/2
The increase in the standings (from $184,902 in June to $198,432 in July) is a result of the increase in value of the first two houses, Valencia, and 29th Avenue. The as-of-now unbuilt house on Toltec decreased in value due to an accounting change.
Valencia increased by $9,000:
29th Avenue increased by $10,000:
Toltek, our new build house that is still under construction decreased!
We have been basing our estimate of the value by the asking price of the builder for the same model house as explained in “Start Your Own Monopoly Project – Step 9: Play It Again, Sam”. Previously, we had updated our table via verbal inputs from the sales agent. We have now decided to use the asking price stated on the builders website, “Seasons at Cross Creek Ranch”:
They have started construction, installing the ground plumbing:
In the meantime, we witnessed a flood at Cherry Creek at our cabin in Flowing Springs:
