Quote:
Originally Posted by timun
In Altadore? In my experience your house is essentially worthless. It's all land value. You have to find someone who reeeeeally likes your house to pay any kind of a premium on it; otherwise most potential buyers in that area are developers who plan to tear your house down and replace it with something much larger in the $1.2-2.3M range. If anything it would be worth more as a bare lot.
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Ya, there is a bare lot near me listed for about $35k more than a slightly smaller lot with a decent house just near it. I figure demo costs play into it. Still, seeing a perfectly livable house listed cheaper than an empty lot is weird. Of course, those are listing prices, not sale.