Core Viewpoint - The historic residence of Wu Dayu in Hangzhou is on the market for 100 million yuan, but the high price is questioned due to its age and lack of accessibility [1][4]. Group 1: Property Details - The property, built in the 1930s, has a total area of 108.86 square meters and consists of four single-story villas [1]. - The residence has been recognized as a historical building since 2010 and is located in a scenic area, which adds to its value [1][4]. - The asking price translates to approximately 920,000 yuan per square meter, which is considered high by local real estate agents [4]. Group 2: Market Context - A nearby property, the former residence of Cai Yuanpei, sold for 120 million yuan in 2021, with a size of about 276.08 square meters, resulting in a price of approximately 430,000 yuan per square meter [4]. - Another historical residence, Xu Qingfu's former home, was sold for 88.04 million yuan in 2019, with a size of 419.57 square meters, equating to about 210,000 yuan per square meter [4]. - The property market for historical buildings in the West Lake area is influenced by regulations that allow for "perpetual ownership" under certain conditions, but the maintenance costs and restrictions on modifications can deter potential buyers [4].