There are many couples who divorce during a major renovation of a house or building one! My parents knew a few. |
What makes renovating and building homes so stressful? Local builder Jim Gibson just took his own life.
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the 5 acres are on a hill and protected for even clearing. If buildable it would be over 10 million |
Hmm, so only if, like that place on Mohican just above Macarthur, you built something really high end and even then only one place was allowed? If I've got that correct, than the $2.9 seems high, as others have suggested. |
The listing comments seem to indicate that Park & Planning has approved nine additional homes. |
Really? I think money is the reason that the majority of couples separate. |
Those are not in the proposed new tax plans. |
He was a depressed older white male and fell into a statistic of suicide at that age. His suicide had nothing to do with his chosen profession. |
30 years ago it used to belong to a surgeon, one night while he was out celebrating with his family he was called to the hospital to perform an emergency operation. His family crashed into a tree on the way home and died. Later they caught him taking body parts from the morgue to rebuild his lost family. With him in a mental hospital his creation left half finished was unable to leave this world and join the dead or remain and live like mortals. So every halloween they go out amongst the trick or treaters and choose one who looks like they do and follow them home. And when they get to sleep they take them back to their house where the doctor can do his work. And every year they get more and more realisitc.
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Ha good luck with that. They talked about turning glen echo which was a run down pit into a few condos and they got the area turned into a federal park complete with rangers and restoration. Think about that for a second You think they will let 9 mcmansions slip through? |
I have my doubts about your take, PP. Money in housing is made by being cynical and taking advantage of what buyer's don't know. People who get romantically involved with interesting houses have some of the biggest trouble seeing housing that cynical way. The tension here is enormous. The Baltzley Castle folks were clearly living for big dreams and not doing a hard-edged flip, the kind of house that makes $$$. I don't know the Gibson case all that well, but as builder with a reputation for quality, I would not be surprised if his work with homes caused him some strain. |
??? Real estate is the classic example of an asset where savy insiders understand how to get the public (aka 'the government') to foot as much of the bill as possible: it's hard for less savy folks to compete with them. My feeling is that it is much more likely that a savy buyer with plans most people would never imagine will buy this than someone garden variety high-end home buyer. |
Thanks. As I read that, I'm not sure 9 homes is a definite number, but more like an upper limit. 9 lots in that area for $2.9M seems like a steal to me. But if it's a roll of the dice on say, 3-9 homes, or even more pointedly, 1-9 homes, the $2.9M seems more like an optimistic starting point for negotiations on a complex property. |
I think its going to go to someone with a bulldozer strong enough to push that thing over. This is a land play. Would be surprised if the house stays. Its way to small to have value. |
PP here. Yeah, I agree as I see more of this. House is unique, but not super special. Land here is more of an anomaly. |