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Real Estate
Reply to "How do teardowns work, and do they really 'work'?"
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[quote=Anonymous]OP again here. I'm appreciating all of your comments, and love the debate--so thank you! I agree, curb appeal *is* a matter of taste, and I don't mean to slam all 50's style houses. In fact, I would love a home with some character--midcentury modern does appeal. I'm just unable to find it within me to appreciate the style which some PPs have referred to as postwar/50's gov't worker developments/tract houses, which unfortunately (for me, at least) take over big chunks of the close-in areas. These don't have anything modern about them, really. And many of them are quite close together. PP, did you really mean that this is the style that is becoming the rage in CA? It would surprise me. Looking up some examples of "govt. worker stock" houses online (i.e. with franklymls), I see that some of these houses are quite nice inside, done tastefully. I honestly don't mind small rooms that much, as I've been an apartment-dweller for years. Age of house wouldn't bother me either, except that it appears that some of these older houses aren't well-maintained by the neighbors, so it might bother me to have less well-maintained homes in the neighborhood. I'm coming to accept that curb appeal is a major issue for me--maybe I'll evolve over time, but at this point it's also "neighborhood appeal" that I think is on my mind too. 11:23, I am on board with your thoughts about getting a smaller place on a nicer street. The thing with that, though, is that I'm guessing you'd still pay a lot due to a good location (a dump in chevy chase would still cost $$$). Wouldn't realtors/sellers know the value of their street and price up accordingly? and I'd feel that I overpaid for the actual house. Though maybe one could renovate/add on, if a teardown didn't make financial sense. I wonder what these teardown-heavy neighborhoods will look like in a decade's time. Related topic. What about the 50's ones that have been expanded? Some of them look somewhat unsuccessful aesthetically.[/quote]
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