Anonymous
07/07/2024 05:43
Subject: Cost to build on owned lot in Arlington
Anonymous wrote:Would it be possible to make a deal with a developer where they agree to raze the existing home and build three townhomes on the lot, with title to one of the new townhomes given to your relative? The developer would then sell the other two townhomes to make their profit on the project.
Dumb. That would leave relative with something less valuable than they have now
Anonymous
07/07/2024 04:46
Subject: Cost to build on owned lot in Arlington
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Remember it's a remodel keep a chimney or wall or however much to make it so. Cheaper permits.
Permits alone will take 6 months, plus plans. Remodel is not the way to go. It doesn't pay.
New building plans also take forever. But you're missing PP's point - if you keep a small amount of the existing structure, you don't have to deal with the issues that arise with a new build, like complying with current set back rules.
Great point !
OP: Check to see whether current structure complies with the current set back distances.
In MoCo, for example, you need to keep over 50% of the original house to avoid getting kicked into new construction/ infill. But each jurisdiction is different so definitely check zoning requirements.