renovate or tear down?

[sinatras]

here is a "tear down" in my neighborhood; i say tear down in quote marks b/c everyone has different definitions of that

this one is a lot more expensive than my house would be b/c it's on a huge (for the neighborhood) lot

4408 W Dale Ave, Tampa, FL 33609 | MLS #T2856367 | Zillow

notice the description (and the lack of interior photos):

"A perfect place to build your dream home."

"A rare opportunity to build a luxury home on a street with mature oak trees."

in other words, a tear down

the home was built in the 50s and likely in original condition inside

[GoPhils]

Originally Posted by sinatras

this thread is no more "crazy" than any other thread on city data
i am sure there's millions of homeowners in the same boat as me: old house in desirable neighborhood they would like to stay in, shud they renovate or tear down and rebuild?

i think the part that many of you are missing is: i want to stay in this neighborhood, and moreover on this street

yes i could sell this house and buy a mansion somewhere cheaper, but not really interested in that

what i am really interested in is a house with slightly bigger bedrooms and bathrooms in the same location that does not cost 2 million dollars!!!!

Sell yours and buy 4403 W Platt St?