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house being bulldozed

Why is this house being bulldozed?

February 13, 2013 By Ryan Lundquist 16 Comments

While it might seem wasteful to some to buy a house only to tear it down, it’s not an uncommon reality in classic neighborhoods with higher property values. Since vacant land is scarce in well established areas like East Sacramento and Land Park, some buyers will purchase a smaller outdated house, demolish it (sometimes the foundation or fireplace is kept intact) and then rebuild a much larger home.

Win a $5 Starbucks Card:  It’s obvious what’s happening in this photo, but put on your creative thinking cap and come up with an alternate reason why this house is being torn down. I’ll send a $5 Starbucks gift card to my favorite comment below.

House being torn down in East Sacramento - photo by Realtor Chris Little

Thank you to Chris Little, 2013 President of the Sacramento Association of Realtors, for letting me share this photo. He posted it on Facebook recently, and I thought it was perfect to share. Some pictures really help illustrate the market.

If you have any questions or Sacramento home appraisal or property tax appeal needs, let’s connect by phone 916-595-3735, email, Twitter, subscribe to posts by email (or RSS) or “like” my page on Facebook

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Filed Under: Photos from the Field, Random Stuff Tagged With: bulldozed house, Chris Little Real Estate, East Sac, East Sacramento, Home Appraiser, House Appraiser, house being bulldozed, McMansion, Realtor Chris Little

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First off, thank you for being here. Now let's get into the fine print. The material and information contained on this website is the copyrighted property of Ryan Lundquist and Lundquist Appraisal Company. Content on this website may not be reproduced or republished without prior written permission from Ryan Lundquist.

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The information on this website is meant entirely for educational purposes and is not intended in any way to support an opinion of value for your appraisal needs or any sort of value conclusion for a loan, litigation, tax appeal or any other potential real estate or non-real estate purpose. The material found on this website is meant for casual reading only and is not intended for use in a court of law or any other legal use. Ryan will not appear in court in any capacity based on any information posted here. For more detailed market analysis to be used for an appraisal report or any appraisal-related purpose or valuation consulting, please contact Ryan at 916-595-3735 for more information.

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