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Remodel vs New

conarb

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Joined
Oct 22, 2009
Messages
3,505
Location
California East Bay Area
As I've said before I have found it much easier to remodel than build new, even though it's more expensive because of the costs of permits and all the hoops you have to go through to build new, permit time will average two years as opposed to 7 or more years for new construction, others are adopting my methods now, the Willow Glen area in San Jose is a run-down lower class neighborhood that is not even safe to go into.

Zero Hedge said:
Silicon Valley, the southern region of San Francisco Bay Area of California, is arguably the most expensive place in the United States to live. At the epicenter of all this, Palo Alto is a breeding ground for many unicorn start-ups and overvalued technology companies. The region has a median home price of roughly $2,598,200.

To gain a perspective of just how outrageous real estate in Silicon Valley is, the median sales price of existing homes in the United States averages around $241,000.

They did leave it standing so you can remodel it versus tearing it down so you save a lot of money when you can leave a wall up and do a remodel versus a complete tear-down,” Barr told the station. The Bird Avenue address in San Jose’s Willow Glen neighborhood sits close to a proposed transit-oriented Google “village” of offices, research sites and retail stores.

Barr’s realtor Facebook page describes the home and lot combination as a “Great opportunity to build your dream home!” Since the posting, Barr told KTVU she has received ten offers and expected a contract on the property by the end of the week.¹

The greedy cities know what we are doing and are constantly changing their definitions or "remodel" and "rebuild".

¹ https://www.zerohedge.com/news/2018...-burned-out-shack-silicon-valley-selling-800k
 
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