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Seattle home too toxic to enter sparked a bidding frenzy — now we know why
Tang is the latest in a long line of developers looking to profit by tearing down a smaller, older home in Seattle and replacing it with a larger and much more expensive one.

Seattle now sees one home teardown per day on average, with the rate of teardowns surging in the last year and a half. The typical new home that springs up on a tear-down lot sells for more than $1 million, about three times more than what its old, torn-down predecessor was worth.
seattle  u.s.a.  money  architecture  housing  washington-state 
february 2017 by iamfantastikate
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