In my neighborhood, if that was on one of the original lots (100'x90'), it would sell for around $800k.
The trend in my city is to take one of these lots with old crappy houses (or even not so old crappy), tear down the house, sever the lot into two, and build 2 modern McMansions to sell for $2mill each.
Land value.
In my neighborhood, if that was on one of the original lots (100'x90'), it would sell for around $800k.
The trend in my city is to take one of these lots with old crappy houses (or even not so old crappy), tear down the house, sever the lot into two, and build 2 modern McMansions to sell for $2mill each.