When does it make sense just to tear down an old house?Say you're driving around, looking at open houses in an upscale neighborhood that you'd badly like to buy into. You find a quaint, old two-bedroom surrounded by modern 4,000 and 5,000 square-foot homes that's the right price and fits the old real estate axiom: "Always buy the least expensive home on the block."
Tearing Down a House: When to Start Over
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