Sentences with phrase «teardown housing»
City officials and real estate brokers in Western Springs, Clarendon Hills, Glen Ellyn and Wheaton report that the rush to create new construction sites in older towns has led to teardown housing as well as other antidotes to the land shortage.
http://articles.chicagotribune.com/ Not exact matches
In Wheaton, the teardown pace has been slower, especially considering Wheaton has about 19,400 housing units, compared with about 10,500 in Glen Ellyn.
The development taking place in both towns has sparked much debate, whether it involves efforts to make sure high - density housing and newly built retail spaces don't change the character of the historic downtowns or ensuring teardowns — new homes built on the site of razed ones — don't clash with neighboring homes or the town's character.
After much searching, the family bought a home that realtors called «the perfect teardown,» which was zoned for the district they wanted, and they started renting out their old house.
«Put together a budget to see if these are worthwhile investments, which depends on a street's other houses, if teardowns are starting, and how long home owners plan to stay,» she says.
In Atlanta, neighborhoods like Chastain Park — with its older, more affordable housing on small lots and with high walkability — have now become teardown magnets, says Barbara St. Amant, ABR, with Harry Norman, REALTORS ®, there.
Popular, too, are new houses built to replicate the older designs; look for them especially in markets where teardowns predominate or land is available for unified stylistic development.
Last year, teardowns represented almost 8 % of single family housing starts, or about 55,000 homes, in the U.S., according to the NAHB.
With the help of his title company, real estate attorneys, and well capitalized buyers, South Tampa Teardowns tracked down 13 people total who were all attached to the house.
Teardowns — these are lots with a house on them that is no longer habitable or perhaps is habitable but due to property values, age of home or other variables is better suited for demolition and new construction Read More >>
The houses that replace teardowns are often considered too large for their lots, leaving little room for trees and backyards.
«If at least one third of the houses are teardowns, I tell them that their house may not appreciate as rapidly (as the teardowns) or may become valued only for its land,» says Doreen Rau, with Prudential Preferred Properties in Winnetka, Ill..
The third house we bought was across the street from this one and we got it super cheap but it was an absolute teardown.
The house was so rotten and termite damaged that others referred to it as a teardown; however, in her eyes, the simple silhouette, pleasing scale, and unpretentious materials equaled perfection.