$1.5M, but on a 1.6 acre lot that’s already subdivided for townhomes. If you have the cash, you could probably make money on this deal, and that’s probably the best selling point.
I feel like I’d want to just tear this monstrosity down and start again. You could gut it, but there’s nothing to gut! Building houses on the rest of the property and selling them seems to be where the value is, but in western Colorado would you really make enough building and selling the other 11(?) houses to justify $1.5M for 1.6 acres? I’m not sure the price for that much land is that high in my town and we’re a high growth area that keeps being named one of the best places to live in the US!
A basketball hoop in the garage? A kitchen with cabinets so high up you’ll need a ladder? And only $1.5 million dollars!
$1.5M, but on a 1.6 acre lot that’s already subdivided for townhomes. If you have the cash, you could probably make money on this deal, and that’s probably the best selling point.
I feel like I’d want to just tear this monstrosity down and start again. You could gut it, but there’s nothing to gut! Building houses on the rest of the property and selling them seems to be where the value is, but in western Colorado would you really make enough building and selling the other 11(?) houses to justify $1.5M for 1.6 acres? I’m not sure the price for that much land is that high in my town and we’re a high growth area that keeps being named one of the best places to live in the US!