* A work of art that's appraised at $10,000, for example, but that's priced for sale at $5000, is not necessarily a bargain. As stated above, a retail or insurance appraisal can be many times the fair market value of a work of art. Always determine fair market value first, no matter how big a bargain the seller makes you think you're getting.
In general the aircraft must be at least 500 feet away from any person, vessel, vehicle, or structure. In congested areas the aircraft must stay 1000 feet above the highest obstacle within a 2000 foot radius of the aircraft. There are special rules for helicopters that allow them to fly closer than these general limits.
How Low Can Planes Fly? In the strictest physical sense, only the altitude of the ground and the physical obstacles upon it would limit the lowest altitude at which a plane can fly. However, there are a wide array of procedural constraints and legal requirements that make the answer to this question more interesting.