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I am planning on selling a lot that I own. There is an existing building all the way to the back. It is constructed of block and I am going to say it's about 15 ft x 15 ft and 12 ft high. The floor is dirt and it needs some repair. On 2-3 blocks near the bottom, there is a step crack and the block has started separating a couple inches. The rest of the block looks sound. At the top, where the gables are, the wood needs replacing. The roof looks to be sagging somewhat. It's basically used for storage. I hate to knock down a usable building but I am trying to figure out what's going to be best for resale. Also, the person that I purchased the lot from has agreed to remove it but I need to let them know right away. If not, it will be my responsibility to do whatever I decide. I don't have time to get a contractor out there on such short notice. I am looking for opinions on what to do?
If you do not remove it now, you will probably need to be willing to remove it yourself as part of your offer to the next buyer (cha-ching).
However, if you improve it there is a small chance that it will help make the lot more attractive. Nonetheless, it all depends on whether the building is permitted by the county, particularly with regard to location and lot lines.
Maybe toss into the mix of ideas...is there an insurance concern? is there a security issue as far as people sneaking in the building?
Also, consider block is very heavy to move yourself.
Also, consider that in some places a structure is allowed as-is even in some state of disrepair...until it is being worked on and then there are all kinds of requirements.
On the other hand, maybe you could do some repairs and sell the lot with a storage building. Consider if a storage building is significant in your area.
You could do work at the eaves. You could put in a floating floor version. Again, local requirements coming into play. Those cracks in the bottom blocks though...is it actually the blocks or a coating over them? That could be significant particularly with how heavy the rest of the blocks are on the bottom blocks.
Do you know someone who could easily assess the repair work effort/time/cost? That would be the easiest decision maker in my mind.
I am planning on selling a lot that I own.
There is an existing building all the way to the back.
The person that I purchased the lot from has agreed to remove it but... I need to let them know right away.
How long is 'right away' exactly?
Quote:
It is constructed of block and I am going to say it's about 15 ft x 15 ft and 12 ft high.
The floor is dirt and it needs some repair.
I hate to knock down a usable building but I am trying to figure out what's going to be best for resale.
I am looking for opinions on what to do?
1) Leave it be... and let the BUYER decide what they want.
2) Have YOUR seller tear it down and clear the land... once the buyer passes on it.
Would the cost/effort be a hassle for whoever buys it (I'd assume a builder/developer?)
I could be wrong, but it almost sounds like its the type of thing a builder/developer is pretty well sorted to get rid of if he wants to rather than you having to hassle with it...Or he leaves it and parks material in there to keep it dry.
Right away means a day. I wish I had more time to get a contractor there. They are doing work on the house behind me and want to get it done at the same time. There are a couple areas with step cracks that are separating the blocks by a couple inches which concerns me. The roof is dipping in the middle as well. I would like to leave it but I don't want to have to front the cost if the buyer doesn't want it. I don't have a buyer as of yet. I do have 2 possible builders but it also may just be a person that may comes along and buys it. It would make a good storage unit for a builder.
Is it a "grandfathered" structure? If you remove it, will another building be allowed to be built on the lot or not? I wouldn't remove it until I found that out. I know people who have removed old garages only to find out they could not replace them with new ones. Oopsie.
Right away means a day. I wish I had more time to get a contractor there. They are doing work on the house behind me and want to get it done at the same time. There are a couple areas with step cracks that are separating the blocks by a couple inches which concerns me. The roof is dipping in the middle as well. I would like to leave it but I don't want to have to front the cost if the buyer doesn't want it. I don't have a buyer as of yet. I do have 2 possible builders but it also may just be a person that may comes along and buys it. It would make a good storage unit for a builder.
For me the couple inches of separation would be a no-brainer. I'd remove it.
Is it a "grandfathered" structure? If you remove it, will another building be allowed to be built on the lot or not? I wouldn't remove it until I found that out. I know people who have removed old garages only to find out they could not replace them with new ones. Oopsie.
It most likely is grandfathered. Although, I am able to put another building as long as it meets setbacks.
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I wish I had more time to get a contractor there. They are doing work on the house behind me and want to get it done at the same time. There are a couple areas with step cracks that are separating the blocks by a couple inches which concerns me. The roof is dipping in the middle as well. I would like to leave it but I don't want to have to front the cost if the buyer doesn't want it. I don't have a buyer as of yet. I do have 2 possible builders but it also may just be a person that may comes along and buys it. It would make a good storage unit for a builder.
