How Does a Teardown House Affect Property Value?

Best Answer

A teardown house can either tank or boost property value depending on the neighborhood and potential for redevelopment. It's all about that sweet, sweet location!

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More Answers

DezincingBrute·3 months ago

In my experience, teardown houses can actually increase property value, especially if new developments attract higher-end buyers. Just ask my neighbor who cashed in big time!

RepeatingRitz·3 months ago

Honestly, it depends. Sometimes they lower the value because the house is an eyesore, but other times, the promise of a new build skyrockets prices.

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