Teardowns White Pages
- Is the value of my real estate in the land or does my home have rehab potential?
- Is it worth fixing it up?
Even with change in the economic climate, homeowner preferences for modern amenities appears to be here to stay. Older housing stock in large metropolitan centers, their urban neighborhoods and surrounding suburbs, as well as historic towns and vacation communities continue to be a target for redevelopment.
Teardowns: Costs, Benefits, and Public Policy
"...The teardown phenomenon is not new. Houses have been demolished and replaced for as long as they have been built. American cities grew rapidly in the late nineteenth and early twentieth centuries and again in the years just after World War II. Tastes now appear to be changing toward larger houses with spacious rooms and high ceilings. Many people find the existing housing stock less desirable than new construction. In this situation, it is not surprising that buyers purchase, demolish, and build new houses, especially in high-demand areas. The trick for local governments is to keep the costs of teardown activity from overwhelming the less obvious benefits."
Teardowns and McMansions Resource Guide
"This resource guide is a one-stop-shop for information on teardowns and the tools that are available for use to best manage this trend. Residents in communities experiencing teardowns want to know what they can do and how to do it. The guide shows how various communities have worked to put in place and adopt tools to manage teardowns and retain the character of historic neighborhoods.
Communities from across the country are featured and illustrate the process used, including challenges and innovative approaches. Contact information is provided so you can talk directly with local decision makers and experts."
'Teardowns' have critics torn up
".... Teardowns have become popular with homebuyers who want to be in city neighborhoods or close-in suburbs to avoid long commutes and be near public transportation. Urban neighborhoods and nearby suburbs that are pedestrian-friendly and on train and subway lines often have houses that are small and have old kitchens and bathrooms."
Trafficking in teardowns
"-- In some of the frothiest real estate markets, one of the hottest of trends is the teardown. From Greenwich to Winnetka to Santa Monica, houses young and old, well-maintained and not, are biting the dust so builders can put up something bigger or better."