Even with some home prices at historic lows, $1.45 million is not typically enough to buy a mansion. In Arizona, however, it is apparently enough to buy a castle find a list of the 10 cheapest housing markets. Robert Pazderka, owner of this company, has purchased the 7,900-square-foot Copenhaver Castle on Phoenix's Camelback Mountain  for a paltry $1.45 million, 27 years after it was first put on the market for $7 million had the castle previously been put up for auction?.

Arizona, United States,  The 10 cheapest housing markets, Armored Group LLC, Phoenix, Arizona, Copenhaver Castle auction block, Bovey Castle for sale for £17.5m, Sales of foreclosure homes jumps, 7,900-square-foot castle sold for mere $1.45M

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