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Regretfully, most Towns have done away with that
In the past, you could keep your RE tax base lower that way, but for most (if not all) Towns, that's gone bye-bye...
yes, now it depends on how much of the original house is left (percentage?)
Does anybody know what the approximate cost is for tearing down an old house and building a new house? I plan to build a new house about 3750 sq feet with 5 bedrooms, 3.5 bathrooms, and a 2-car garage.
Look at the taxes on the listing -- that's way too low to be 100% new construction. Yes, the words 'new construction' are used in the listing, but that doesn't mean it's not the original foundation or a ranch which has been substantially added to. I've seen that out here on several occasions. We have one house a block over which was 'new construction' but still retains much of the old home's first floor bones.
Long story short -- new construction in a listing can be a tad misleading.
Look at the taxes on the listing -- that's way too low to be 100% new construction. Yes, the words 'new construction' are used in the listing, but that doesn't mean it's not the original foundation or a ranch which has been substantially added to. I've seen that out here on several occasions. We have one house a block over which was 'new construction' but still retains much of the old home's first floor bones.
Long story short -- new construction in a listing can be a tad misleading.
I disagree, although I have seen this done with using the existing foundation, I've seen them do full new foundations etc houses 3000 swft plus selling around 800k on houses purchased and knocked down priced at 380-450K I've seen it thoughout wantagh and massapequa
I disagree, although I have seen this done with using the existing foundation, I've seen them do full new foundations etc houses 3000 swft plus selling around 800k on houses purchased and knocked down priced at 380-450K I've seen it thoughout wantagh and massapequa
I could be wrong in this case. Digging about the mypropertysearch website, it would appear that the taxes will be going up, up, up. Valuation went from 869 to 1939. Ouch.
I wonder if the new construction is superior to the old brick Tudor.
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As for taxes, since I have been combing through all houses in the vicinity, I wonder if this new construction was using old foundation or what - they seem to be paying in the neighborhood of $3,700 in taxes, while realistically should be more like $30,000 (similar to the McMansion across the street)...
I wonder if the new construction is superior to the old brick Tudor.
The old Tudor had a lot of personality which was sadly not considered when the new structure was designed. The tile in the bathroom looks like it could have been original. I am betting it was torn out as opposed to salvaged.
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As for taxes, since I have been combing through all houses in the vicinity, I wonder if this new construction was using old foundation or what - they seem to be paying in the neighborhood of $3,700 in taxes, while realistically should be more like $30,000 (similar to the McMansion across the street)...
It was a similar story seems like - purchase for $415k in 2008, re-build in ?.
The original house was a run down little cottage which was completely surrounded by trees -- the garage was toward the front of the property but barely visible through the trees. The cottage not visible at all from the street. A local builder (who hangs out at the SBYC an awful lot) bought the property, razed the house and garage and cut down most of the trees. All new foundation. It's legit, and I think it might still have an open permit -- which is why the tax increase hasn't been triggered. Once the permit is closed and a CO is issued -- the taxes will go up accordingly.
The house across from it is the SBU Rugby Party house which once again made the local paper:
I could be wrong in this case. Digging about the mypropertysearch website, it would appear that the taxes will be going up, up, up. Valuation went from 869 to 1939. Ouch.
does anybody know what the approximate cost is for tearing down an old house and building a new house? I plan to build a new house about 3750 sq feet with 5 bedrooms, 3.5 bathrooms, and a 2-car garage.
If a contractor says he could do that number on L.I. I wouldn't leave a cash or any another type of deposit .
A tear down an new build 3750 sft home for 53 a sqf maybe in 1979 or 1980.
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stated as 3,484,800 sq ft or 80.00 acres!!! Anyone want to buy a bridge???
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maybe in 1979 or 1980.
