Value versus price.
A Jan. 3, 2025, CBC News article, "These were B.C.'s most expensive properties in 2024," treats value, which is subjective, and price, which is objective, as synonyms.
The particular instances of very highly-priced structures, compounds, and other real estate assets described in the article were indeed sold or are assessed at very high prices.
A walled compound containing multiple structures; a suite in a neighbourhood of concrete towers, asphalt streets, metal, plastic, and neon; or an island miles away from any of the necessities of life that I access is of no value to me.
I value a suite in a building that is sturdily constructed, well maintained; inhabited by relaxed, reasonably cheerful people; situated within easy walking distance of a supermarket, medical clinic, and park; on a street among similar streets: lined with mature trees, with not much traffic, and people, with many of whom I am acquainted, walking along the sidewalks not smoking cigarettes.
If I won a walled compound in a lottery, I would donate it to the city I live in with the stipulation that the property would be razed (unless some or all of the buildings could be repurposed for toll-free public uses that many local residents would avail themselves of frequently), prepared, planted, groomed, and equipped for use in perpetuity as a public park.
Other individuals value different things. That is part of what makes us individuals.
The price of a piece of real estate, on the other hand, is a number of dollars. I am of the opinion that only a small minority measure the value of things and the surroundings in which we live in dollars.