AU Park tear down or total reno?

[Anonymous]

Tenley was expensive 5 years ago too. I love the neighborhood - and it has many small homes - but I can't afford it either. A developer will put a large house on the lot that will ultimately sell for $2M or $3M.

[Anonymous]

I think this board is generally "teardown" happy when it comes to AU park, but I think this one actually is a full tear down. I've lived in AU park for about 12 years now and this house has always been overgrown and in disrepair. 1M for a double lot actually seems not too bad.

[Anonymous]

Anonymous wrote:I think this board is generally "teardown" happy when it comes to AU park, but I think this one actually is a full tear down. I've lived in AU park for about 12 years now and this house has always been overgrown and in disrepair. 1M for a double lot actually seems not too bad.

Price still seems high. That "double lot" is 1,000+ square feet smaller than my small lot in Cleveland Park.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I think this board is generally "teardown" happy when it comes to AU park, but I think this one actually is a full tear down. I've lived in AU park for about 12 years now and this house has always been overgrown and in disrepair. 1M for a double lot actually seems not too bad.

Price still seems high. That "double lot" is 1,000+ square feet smaller than my small lot in Cleveland Park.

I’m familiar with this house going back a handful of decades and the recent run-up in neighborhood prices gets a true test here. The cost to demo and to clear any trees (IIRC one fell on the house a decade or so ago) should make an impact, but it’s still mostly land value.

[Anonymous]

Pending at $1,090,000 after 6 days and a price increase…

[Anonymous]

Anonymous wrote:Pending at $1,090,000 after 6 days and a price increase…

The mania continues!

[Anonymous]

A developer bought it!