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misnomer

True or False: To be a Teardown, a Property Must Be in Poor Physical Condition

The $1.990 Million Potential Tear-down in Edina’s Parkwood Knolls Neighborhood One of the biggest misconceptions in residential real estate is that, to be a teardown, a home must first be falling down. Hardly. All “tear-down” means is that the home is less valuable than the land underneath it. That can be the case for at...
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True or False: To be a Teardown, a Property Must Be in Poor Physical Condition

Housing Market Misnomers One of the biggest misconceptions in residential real estate is that, to be a teardown, a home must first be falling down. Hardly. All “teardown” means is that the home is less valuable than the land underneath it. That can be the case for at least two reasons other than physical condition:...
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True or False: To be a Teardown, a Property Must Be in Poor Physical Condition

Housing Market Misnomers One of the biggest misconceptions in residential real estate is that, to be a teardown, a home must first be falling down. Hardly. All “teardown” means is that the home is less valuable than the land underneath it. That can be the case for at least two reasons other than physical condition:...
Read More

True or False: To be a Teardown, a Property Must Be in Poor Physical Condition

  Housing Market Misnomers One of the biggest misconceptions in residential real estate is that, to be a teardown, a home must first be falling down. Hardly. All “teardown” means is that the home is less valuable than the land underneath it. That can be the case for at least two reasons other than physical...
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California Closets & Florida Ceilings

“You Say To-may-toe, I Say To-mah-toe” (sort of) If there’s such as thing as “California closets” (there is), why can’t there be “Florida ceilings?” At least, that’s what my now-12 year old daughter used to think. Geographic Adjectives; “Do-I-Haf-Ta?!?” It turns out that what she mistook for “Florida” was actually “floor to, presumably as in “floor-to-ceiling windows,” “floor-to-ceiling...
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True or False: To be a Teardown, a Property Must Be in Poor Physical Condition

Real Estate Misnomers One of the biggest misconceptions in residential real estate is that, to be a teardown, a home must first be falling down. Hardly. All “teardown” means is that the home is less valuable than the land underneath it. That can be the case for at least two reasons other than physical condition:...
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