"Wayne.B" wrote in message
...
On Fri, 28 Mar 2008 14:53:06 GMT, Short Wave Sportfishing
wrote:

That's a very common situation here in SWFL with older homes on water
front property. It makes valuations very tricky and frequently the
actual house is near zero even if well maintained.

It's odd how that works huh?

It certainly leads to odd situations. We just had a very decent house
torn down across the street from us to make way for a new one.


Lots of that going on in some surrounding towns. Danville and Alamo have
lots of very nice homes that were ripped down to build a larger McMansion.
$2mm+ teardowns.