Reply to How do teardowns work, and do they really 'work'?

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[quote=Anonymous][quote=Anonymous]

But eventually when the whole street has turned over (as ours has in Bethesda, but for the lone small, ugly split level from the 1950s that doesn't look ANYTHING like those nice Palm Spring mid-centuries), the street looks very nice and uniform again.  It's the in-between stage that looks awkward.  Ours was the first new house on the block and I didn't want to buy it because of that, but now it's an entirely different neighborhood.  Went from old folks with no kids, to tons of families with kids.  
[/quote]

Very interesting, PP. (OP here again). So maybe it'd be a good move to buy a tear-down in an awkward-looking neighborhood (by awkward I mean 50% or less new homes, 50% or more older ones), and then ride it out!! I guess that would mean that I'd need to plan staying put for a number of years.

How long did it take for your neighborhood to evolve? And ....if that last holdout 50s split were to go on the market, would it be too expensive (based on neighborhood) to make a logical tear-down case?[/quote]

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