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Related: Culture Forums, Support ForumsJust figured out our new next door neighbor is tearing down the house
They paid $1.2 mil for it. We have no views. The road is quiet but sees some traffic. Half acre lots.
Theyre taking down a 3500 sq ft house and putting up a 5800 sq ft house.
Im realllly looking forward to the noise. And I cant wait for them to try to park construction vehicles anywhere. They have a small driveway and you cant even squeeze a car on the side of the street.
Fun times.
mahatmakanejeeves
(57,413 posts)park your car somewhere else? I can see it from my house, and it's kind of tacky.
Oh, one more thing: do you have to fly that rainbow flag? We have children.
Thanks."
MissB
(15,805 posts)Ill relocate my BLM sign for sure.
We have dogs. Theyre pampered as heck and we both work from home so they dont bark outside constantly. But I wont stop them from barking during construction.
MissB
(15,805 posts)Our cars are newish so that wouldnt happen. One is this years model and one is two years ago model, but maybe Ill borrow my moms junker and park it at the end of one of my driveways!
Hugh_Lebowski
(33,643 posts)Well, maybe having a shiny new 5800 sq ft mansion next door to your place will make your place be worth a little more? Maybe?
Trying to find an upside for ya
flying_wahini
(6,589 posts)Hugh_Lebowski
(33,643 posts)from your property taxes going up drastically.
MissB
(15,805 posts)My house is already worth as much as it can be worth right now. Its a craftsman-ish style from the 20s. Selling it would net us close to a million, but we like it here. The peace and quiet is nice.
Our taxes are based on the value of the property and structure. Next door neighbors current house was running about $4k more a year than what we are paying- and with the new build theyll likely see something like $20-$25k/year in property taxes for that size of house, easily double their current rate.
CrispyQ
(36,460 posts)I can barely imagine a 3500 sq ft house, much less 5800. Hopefully their contractors are efficient.
MissB
(15,805 posts)Ive heard which architect theyre using and there is a lovely home right up the street that they built.
Mine is much smaller than 3500. I would feel lost with that much square footage.
flying_wahini
(6,589 posts)Big and over the top homes but 95% were built in the 50s and Sixties most Just beautiful.
Somebody tore one down and is building an 11,000 soft home.
It looks like a cross between a nursing home or dorm. UGLY.
Just goes to show you that money hasnt Anything to do with Taste.
.
yellowdogintexas
(22,250 posts)Those thing are all over the place in the TCU area.
I love the houses over there though.
I live in Wedgwood where the houses are more modest.
viva la
(3,286 posts)So they paid $1.2 mil for the LOT. And they're also going to have to pay to tear the old house down, and how much more to build a new house.
We (and our other next door neighbor) were weird in that when we moved in, we didnt tear down. Lots of that was happening 20 years ago when we bought. Actually the week we moved in, pretty much every neighbor asked if we were tearing the place down. It got to the point where my hackles would get on up when the question would be asked, because we had great plans to fix it up. And we have.
We also know that someday when we sell, we have to let it go because the next person might just tear this one down too.
We actually stretched our budget at the time to afford this place so our kids could go to great public schools. This new owner isnt that. Theyre clearly quite rich.
crud
(618 posts)pay 1.2 million, tear it down, spend a million on new construction and sell it for 3.2 million netting a million.
MissB
(15,805 posts)I just dont see it as a flipper, but of course in some markets it would be!
I have no view. Im not on the river- cant even see it from here. Their house is much closer to the road than mine and theres no avoiding that with an even larger house just because of the configuration of their lot.
The neighborhood is full of 1.5 mil houses for sale. They dont fly off the market as quickly as a week but usually within a month theyre sold. There is a soft market for the 2+ mil homes- they typically take a year or more.
viva la
(3,286 posts)Tear-down and then construction-- all the noise and construction traffic blocking the road.
Some people. Well, hopefully when it's done, it will help your property value. Sigh.
MacKasey
(986 posts)More taxes on the rich less McMansions
Didn't the prices on houses increase dramatically after Reagan lower the top tax rates?
Thomas Hurt
(13,903 posts)and if you don't have a survey and can afford one, might be time to get the property line marked, that is if it could be an issue.
MissB
(15,805 posts)And our driveways are gated/property fenced. We have guard dogs, or dogs that think they guard. The 100 lb dog looks and sounds intimidating. Lets just say that no one casually strolls onto the property
Im sure Ill get the foremans phone number once work starts because it is really inevitable that someone will block one of our driveways. We work from home and enter and exit each driveway every day.
Best of luck.
applegrove
(118,622 posts)a smaller house on a lot. When i was a kid a neighbours house was tiny but the property went straight through to the next street at the back. It was a double lot. Two houses on either side of the garden. Long and narrow. The old lady who lived there had a lovely garden. We used to play with her grandkids when they came to town to visit with her. It was magical.
MissB
(15,805 posts)Really loved their backyard. They would both spend hours out there and then when her memory failed wed see him out there a lot. Everything was neat and tidy and all of the big bushes were trimmed each year.
Ive been watching the back yard die all summer. So sad.
applegrove
(118,622 posts)Jim G.
(14,811 posts)There's a big beautiful old historic brick house that had been converted to a lawyer's office many years ago. He retired a couple years ago and it was sold to a young-ish couple that have remodeled it and turned it into a wine bar (and future bed & breakfast supposedly).
They built a huge deck around a couple of trees on the side that faces me, where they put a half dozen tables and chairs. In the evening people sit out there drinking wine well past midnight some nights. At night I normally turn the AC off & open my window. Since my bedroom overlooks their deck I can hear them down there at night. It's not that they're all that loud or unruly really, but it's only been about a month & a half & I'm just not used to the new noise yet.
It annoys me, but I guess it shouldn't. So it kind of bothers me that it annoys me, if that makes sense.
Hekate
(90,648 posts)I think they are an acre apiece, and very hilly. Also whoever does the work is going to have to contend with a high-pressure gas line that runs across the front (theres a sign attesting to that). So far weve lived here in peace for 4 years, and I hope those lots never sell. The neighborhood as a whole is 30+ years old.
I dont really understand the tear-down-a-nice house mentality.
onethatcares
(16,166 posts)mentality.
Unless you wanted to get away from the person you live with.
XanaDUer2
(10,653 posts)I hate construction where I drive
TexasBushwhacker
(20,175 posts)for $3.15 Million. The FLW part of it was only 1800 sf (built in 1954) and was owned by an insurance executive. It's on a 1.2 acre lot in what has now become a pricey part of town. Just the lot is appraised at $1.7 Million.
The dentist that has owned it for the last 30 years says that he and his wife restored the house to its original glory, but they also built a 6200 sf addition. 🙄 When they bought it, someone had painted the redwood walls white!
https://www.har.com/homedetail/12020-tall-oaks-st-houston-tx-77024/3026601
Wicked Blue
(5,831 posts)a fake one, but they won't know that.