old houses destroyed by land value

[phil]

here is a rather extreme example, but it shows the fate of a lot of nice old houses here, the lot value gets so high, the thing gets torn down to make yet another "mcmansion"

3 million for a 66 x 130ft lot, and the 1930's house will be gone. I guess they will get two 33 foot lots.

I am seeing a lot of similar and less extreme examples, this area is really highly priced, but many are giving way to duplexes and lot splitting.

http://www.cbc.ca/news/canada/british-c ... -1.2640603

[mross_pitt (WavyGlass)]

That's a nice profit.
Did I read that correctly that ~8500 sq feet is a "huge" lot?

How do you even have room to have a mcmansion and some small yard, let alone two of them?

[Texas_Ranger]

Happens all the time around here. In less densely populated areas of the city they built many two- and three-storey houses well into the late 19th century, whereas their post-1900 neighbours are 4- or 5-storey and a new house could be even more than that (due to 3 foot lower ceilings). Sometimes that even overrides historical listings because (seriously) property owners can't be bothered with such small living spaces.

Recently it hit two small houses, one from 1716 and one from 1722. Granted, they had suffered war damage and been remuddled to some extent (one had fugly vinyl windows and the other one was pretty much stripped of ornamentation) but they were definitely still representative of their period and local area and would have been very nice homes with a bit of renovating.

[Don M]

Denver has a lot of quality mid-century built homes many of good size & design but they are still 'tear downs' for bigger houses!