Home Buying in 19008>Question Details

Jamie, Home Buyer in Broomall, PA

Is it more cost effective to raze a delapidated existing structure and replace it with a pre-fab home?

Asked by Jamie, Broomall, PA Wed Apr 28, 2010

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More cost effective than what? Raze it and rebuild with a stick-built home? Leave it as is and sell it "as is"? Rehab the existing structure?

It really depends on the condition of the property and the costs for each.

It also depends on your intent: Do you plan on living there? Do you plan on renting it out? Do you plan on selling it?

You need to provide more information.
0 votes Thank Flag Link Wed Apr 28, 2010
Don Tepper, Real Estate Pro in Fairfax, VA
and, where is it in relation to the community? Between two gas stations? In quiet neighborhood with blue ribbon schools? Sometimes tax assessing differs as to rehab versus all new. Save and use a portion of the building and it is rehab. Knock it all down and it is new construction with higher assessment. Call Don Tepper below.
0 votes Thank Flag Link Thu Apr 29, 2010
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