What Would Psycho's Bates Motel Cost Today?
With the resurgence of Psycho's popularity thanks to the success of A&E's "Bates Motel," real estate blog Movoto thought it would be fun to figure how much the iconic motel would be worth today. We have that info right here, bloodstains and taxidermied animals not included.
Along with the valuation, we also got our hands on a still from tonight's Episode 1.09, "Underwater." Check it out below.
Although the traditional school of thought is that the top three influences on a property's value are location, location, location, in this instance they are location, number of rooms, and comparable hotel rates. After a thorough investigation (which you can read about in detail by hitting the Movoto link at the bottom of the page), their best guess is that the original Bates Motel from the Alfred Hitchcock movie would cost evil investors about $804,000 if it were placed on the market today in Blythe, California.
Why is the price so low? There are two reasons: First, Norman Bates’ murder shack is located in an out-of-the-way location, which is good for killing weary travelers but not so great for tourists. The second—and probably biggest—factor is that the motel is relatively tiny with just 12 rooms (per the "Bates Motel" TV series). It is a mom and son business after all!
"Bates Motel" Episode 1.09 - "Underwater" (airs 5/13/13)
Abernathy (Jere Burns) amps up the pressure, but Norma (Vera Farmiga) doesn't know what he wants. Dylan (Max Thieriot) and Bradley (Nicola Peltz) connect. Norman (Freddie Highmore) has an active imagination, which Miss Watson (Keegan Connor Tracy) encourages. Emma (Olivia Cooke) goes on a trip.
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