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Alex Allison

is it really cheaper to raze it than to restore it?

03-02-10
Alex Allison

 

Nick Sweeney of DotLoop brought to light an interesting and somewhat touchy subject on the pros and cons of restoring a piece of property compared to razing it.  Cincinnati, Ohio hits the headlines on a controversial discussion of the impact on a community when a piece of history is destroyed.... Do we lose history through the demolition process while potentially gaining a new contributor to the eco-revolution of improved home building..  Rather raze a property, could we or the community restore it and maintain a cost efficient, productive operation?  


The housing market has trended towards more eco-friendly homes. High efficient furnaces, solar panels, and organic materials which offer an ROI in the form of energy saving, reduced tax and personal pleasure of reducing your carbon footprint. These influencers or ROI have pushed communities to change.... Thus razing a piece of history seems to be a simple way to open opportunity for a more eco-friendly home.  One often sacrifices some form of value while taking the easy way out.. In this case, we sacrifice history... If we took the alternative route of restoring the home with improved eco-friendly features and updates, we sacrifice more time and money with a ROI of maintaining a piece of art and history..  History vs. convience and cost savings... Whats your view?  


Click here to read Nick Sweeneys input on the value lost while razing a home...