Profile picture for Teardowns CT

Teardowns CT

Agent

Real estate agent (11 years experience)

Specialties:
Buyer's Agent,
Listing Agent

Advice

  • (905 Contributions,
  • 0 Best Answers,
  • 97 Helpful)

Contributions are sorted newest to oldest.

The Value Of Your Home May Be Zero

Response

All of the things you ask in your post are described in detail, on The Teardown Page here at Zillow.   We start with the basic questions of "What Is A Teardown",  "Are Teardowns Good", and go from there.Some of those questions are also covered in greater detail in these articles from Forbes, CNN Money, Chicago Tribune & The New York Times:Trafficking In TeardownsKeep It Or Trash It?Pro And ConIn The Heart Of Teardown CountryAnd actually, I contacted Zillow myself today to ask that the content be removed.

  (0)
The Value Of Your Home May Be Zero

Response

This is actually copy from an article written by the owner of our company, and the purpose was to discuss redevelopment and buyer preferences in spite of the changes in the market and economic climate.I don't think I've ever seen a press release or article without the inclusion of information about the company and the author.  And it's funny how I have shared this article with other sites I subscribe to and it has only been interpreted as spam here. In fact, I've heard from many people who have actually had some intelligent and interesting input about conditions for them and how redevelopment may or may not tie in to their local economy.Interpret it the way you like.  The purpose and intent is to create a discussion - exchange ideas, opinions and data.

  (0)
The Value Of Your Home May Be Zero

Response

This is exactly what we continue to see in our market areas, where much of the existing housing stock is functionally obsolete, or structurally deficient.  Even with the current market climate being what it is, we still hear from buyers who are more interested in building new rather than fixing up and moving in.  We still get inquiries from sellers who can't or don't want to renovate in order to try and compete with the new homes around them.The point of all this is that the needs and preferences of buyers still seems to lean toward redevelopment, regardless of what the local economic climate is. Both of you mentioned buying ads - but unfortunately that is really not very effective with our model.  Because our business is so targeted, it only makes sense to offer our service to property owners who meet certain criteria. But thanks for the helpful suggestion.. ;)

  (0)
Would you get rid of your pets because of a move?

Response

new community and home?  sorry emmypal..u lost me there!  i guess i have been out of touch too long - i didn't even know you moved!  maxine is getting up there in years, but she's fine for the most part...in fact she is at the foot of my bed as type.. ;)

  (0)
Would you get rid of your pets because of a move?

Response

Hey mpal,We're hanging in there, trying to work magic in this market.  Some listings are selling, but it is a lot slower to go than last year.  Plus, we're in the middle of summer - a historically quiet time for real estate anyway.  I am not in vacation mode, but rather, thinking ahead to fall about what kind of marketing we'll be doing.  Oh, I am also planning to visit friends in Dubai in February...so that will be exciting for me if I can make it happen. How are you, and your darling little dog?  :)

  (0)
Lath and Plaster

Response

I removed mine.  It was a messy job, but well worth it in my opinion after all was said and done. Being able to insulate and rewire while all the walls were out had been the right thing for us to do. Since the new walls went up, I'm not using nearly as much heating oil as in the past - and that is definitely important since the cost to fill the oil tank is now obscene.

  (0)
Most walkable U.S. cities

Response

unfortunately, if you try to do much walking in my area, you run a major risk of being mowed down.  guess no one thought of sidewalks here!  LOL

  (0)