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Tom Brady and Gisele Bundchen selling LA home for $50 million

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While it is no secret that Tom Brady and Gisele Bundchen have fabulous wealth, they stand to rake in several more millions before the end of the year. According to a March 19th report by E! Online, the power couple have recently listed their LA home for sale. The move could reap the couple millions of dollars and lower property taxes. Overall, things seem to be looking well for the New England Patriot’s quarterback and his supermodel wife.

The LA home was purchased by Brady in 2008 for a reported $11.75 million. However, the house was recently listed with a $50 million price tag. While it is not uncommon for the value of a property to increase after it has had famous tenants, that is not the sole reason for the price hike. During his stay, Tom Brady spent vast sums of money upgrading the home. This was done to ensure everything in it was made of the highest quality materials possible.

Although the home may be beyond the budget of most people, one thing is certain. Whoever buys the house will be able to claim it was owned by a future hall of fame quarterback.

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