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Look at the taxes on the listing -- that's way too low to be 100% new construction. 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.
Definitely new construction. Those were the old taxes.
The Tudor was nice, yet way too small (2/1) and in need of lots of tlc to make it work. There are others built in the 30s in that section that are 3/2, even 4/1 that would be livable today. That Tudor was built small--and missing the back extension that other ones seem to have nearby. I found this on Massapequa's Facebook page, you might like this OBH>
http://a7.sphotos.ak.fbcdn.net/hphotos-ak-snc6/180312_10150096347962259_727467258_6095256_2271017 _n.jpg (broken link)
Quote:
Originally Posted by Chrisk327
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
This peaked my interest...Did you see the "estimated taxes"?! under 6k - LOL
Keep in mind the $121/sqft is what it appears "the seller" paid to build it. The true buyer paid $211+ / sqft (800k / 3778)... which is right in line with what people are saying here as a cost to the consumer for new construction. The "wholesale" price to build it is never going to be near what you pay to move into it.
In any event, very nice looking home in what appears to be a very nice neighborhood.
This peaked my interest...Did you see the "estimated taxes"?! under 6k - LOL
Keep in mind the $121/sqft is what it appears "the seller" paid to build it. The true buyer paid $211+ / sqft (800k / 3778)... which is right in line with what people are saying here as a cost to the consumer for new construction. The "wholesale" price to build it is never going to be near what you pay to move into it.
In any event, very nice looking home in what appears to be a very nice neighborhood.
you're doing the math wrong. you need to subtract the cost of the land in order to come up with the cost per sqft for the house.
the builder isn't going to charge 800K to build that house if he isn't buying the land.
Granted if you're talking a totally custom house wiht high end materials, the sky is the limit, but especially if you're working off of a builder's plans with standard nice materials, i would thiink looking at new construction inthe area is a good benchmark.
This peaked my interest...Did you see the "estimated taxes"?! under 6k - LOL
Keep in mind the $121/sqft is what it appears "the seller" paid to build it. The true buyer paid $211+ / sqft (800k / 3778)... which is right in line with what people are saying here as a cost to the consumer for new construction. The "wholesale" price to build it is never going to be near what you pay to move into it.
In any event, very nice looking home in what appears to be a very nice neighborhood.
The taxes were before 'new construction'.
The "$200/sqft" figure here being thrown around is referring to the cost to build new. I'm 99% certain everyone here is referring to construction cost of the house (not the land included). No one (usually) adds in the land when quoting this figure because land is not the constant variable.
The $121/sq foot price IS the "retail price" the consumer paid for the new construction--Not the wholesale price.
you're doing the math wrong. you need to subtract the cost of the land in order to come up with the cost per sqft for the house.
the builder isn't going to charge 800K to build that house if he isn't buying the land.
Granted if you're talking a totally custom house wiht high end materials, the sky is the limit, but especially if you're working off of a builder's plans with standard nice materials, i would thiink looking at new construction inthe area is a good benchmark.
um, no - my entire point here is that you're doing the math wrong.
The buyer paid $800k for a 3778sqft house - that's what it cost them for this new construction. What happened behind the scenes is fun to talk about - try to determine what it potentially cost the builder, but completely irrelevant to the person buying the house since you're not going to get finished, move-in ready, sign on the dotted line, new construction with the level of finish in those pictures for $121/sqft on LI - anywhere.
The $200 figure here being discussed is the cost to build new. I'm 99% certain everyone here is referring to construction cost of the house (not the land included). No one (usually) adds in the land when quoting this figure because that is not the constant variable.
The $121/sq foot price IS the "retail price" the consumer paid for the new construction. Not the wholesale price.
How do you figure "retail"? 800k / 3778sqft is pretty straight forward to me.
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stated as 3,484,800 sq ft or 80.00 acres!!! Anyone want to buy a bridge???
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. 
