Quote:
Originally Posted by joldnol
a Realtor told us in June that multiple dilapidated units were bought and were being turned into cottages. I wonder how many more there will be?
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I live in the neighborhood that these two homes are in. I can tell you that the manufactured homes that they removed were anything but dilapidated. In fact I've been really surprised that some very nice homes were removed when there are several dilapidated homes over here.
These prices are very surprising considering the fact that they paid well over $100,000 for the lots. I think that the one on my street is an Anchor and they paid $119,000 for the lot. When you consider the cost of removal, the cost of tearing down the additions and the driveways and walks I can't imagine that the developer is making any money on these homes.
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