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Reply to "How do teardowns work, and do they really 'work'?"
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[quote=Anonymous]OP, a couple things that haven't been mentioned yet: -One option is to go with a builder who specializes in tearing down and rebuilding on a lot, and has experience walking property owners through this process. This is generally thought to be easier/saves some headaches, but it can be more expensive for the quality that you get. These builders' prices may be $100/sf (low) on some of the bigger sf houses, excluding land and sitework. (Some builders that do this -- quality varies-- are New Dimensions/NDI, AVN, Classic Homes, Stanley Martin Custom Homes.) -An alternative to the above is to go with stock house plans, a general contractor, etc. The upside to this is maybe you'd get house plans you prefer, better quality, and a better price. But the downside is that there may be more hassle - some general contractors may be fly-by-night, there may be disputes, etc-- your first time building a home will be a major learning curve. There could be major delays, cost changes, etc. This could happen using a builder who specializes in teardowns too--- but they'd have more of a history, and more of a reputation to keep in working with property owners. We live in a North Arlington neighborhood that (surprise!) has lots of teardowns and infill construction going on. There are also lots of renovations going on at any one time. I like it; it keeps things from being stagnant. I don't like all of the houses in a neighborhood to be from the same era, whether its the 1960's or the 2012's. Some neighborhoods are obviously more aesthetically pleasing than others but of course you pay a price for that. Most everywhere in North Arlington is great so its hard to go wrong. [/quote]
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