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how to tell tear-down

Tear-Down Economics, Circa 2012

Projected Selling Price:  $171,400 Actual Selling Price:  $155,000 In a post more than 4(!) years ago titled, “Tear-Down Economics:  From Worst to First, or Housing ‘Leapfrog,” I posited a three-step test for determining how much the land underneath a given home was worth. In other words, how much the home would sell for as a tear-down....
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