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> Or maybe every structure built on a lot decreases its value? That is actually how it works right now Structures depreciate - a new house is worth more than
by foogazi 7y ago
> Or maybe every structure built on a lot decreases its value?
That is actually how it works right now
Structures depreciate - a new house is worth more than an old one (unless there is some unique historic/sentimental value)
- Gibbon1 7y agoIt's a bit tricky because part of the valuation is 'replacement value'. A problem with San Francisco is building now costs something like $600-1000 a sqft.
- deleted 7y ago[deleted]