It is a brand new home built in an existing, older neighborhood. Infill homes are often built on lots that had an older house on them. Sometimes the combined value of the lot and location is too great to just have a small, older home on it. This situation is common in established areas where there is high value in the lot, but not much value in the existing house itself. Therefore, one great strategy is to buy a premium lot in a fantastic location, tear down the old house and build a new one rather than buying an average lot in a new neighborhood for the same price.
This Parkvale home is exactly that type of property. The location is premium and the cost of the lot is much less than a similar newer lot in a brand new subdivision. It’s what every buyer dreams of...a brand new house, in a rare location on a park, at a phenomenal price! http://bit.ly/InfillLotForSaleRedDeer
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