If you win big this weekend at the Kentucky Derby (like, really big) and want to park those winnings in some real estate, you may be in luck. The luxury market has surpassed pre-crash heights in many arenas, but relative bargains in horse-centric properties are still possible.
“Equestrian properties in really desirable areas are still probably 20 percent off [their] previous peak,” says Caren Kelley, broker/owner of Equestrian Real Estate in Del Mar, Calif. “Many people feel it’s an undervalued asset.”…
