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[quote=Anonymous][quote=Anonymous]How it's built will impact energy efficiency.  Window coverings, for both privacy and protection of the interior against UV, will be expensive.  Tear-down lots are in mixed neighborhoods - bigger houses interspersed with smaller, older homes, some of which may not be well-maintained and whose occupants may not have much in common with you.  Renters may occupy less expensive properties nearby, which sometimes results in less care of the property and less desirable occupant behavior.  There probably won't be a HOA, so local eyesores will go unaddressed.  Zoning and lot size may limit home features (e.g., number of garage spaces) and size, which can impact resale for upper bracket homes.

Beware of drainage considerations with a flat lot which is not graded to promote water run-off.  Drainage (and snow) is also a consideration for flat roofs.

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These are really good points. Also consider that with the slowdown in the economy and sharp decrease of new builds, development will slow down. I wouldn't assume that the existing homes would continue to get torn down and replaced with a new build. Make sure you could be happy with the neighborhood as it is.[/quote]

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