Quote:
Originally Posted by BigThief
Okay sure 200 years but you're talking 30 years for a home and entire community to be razed to the ground and redone. This house is 35 years old, it should be torn down in five years? Why? |
It looks as though its been extensively renovated though. If those are the original materials then that looks pretty good. In my experience, most of the homes that old are usually falling apart due to lack of upkeep, maintenance and repairs. Whereby when you actually have to do run up a huge renovation bill, at that point- it usually makes better sense for a developer to come across and redevelop the property....case in point - so much of Calgary is already being redeveloped. I'm not saying that it happens the instant a home hits that age but in that neighborhood - you will see it starting to redevelop because the numbers that come across a developer or a homebuilder's desk start to make sense around that age.