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Posted by Patrick in Naperville, IL on 5/21/2010

Well, I did not keep my promise to maintain a detailed blog - as many had stated, time becomes a premium and it's the first thing to go (the blog).

We wrapped up in the house in Aug, 2009 - moved in and I instantly had the itch to do another teardown somewhere else in Naperville. So between getting settled in to the new house between Aug and Dec, 2009 - I worked on finishing up all the odds/ends of the build (crown molding, mud-room lockers, paint, etc).

In Feb 2010 - we went to market north of $700,000 and went under contract in April. I am taking less than I ideally wanted, but teardown lots have come down in cost so much, it's still a money-making endeavor - given the next lot I plan on building was once listed at $350,000 and am under contract on it for $180,000. It's basically an unlivable house sandwiched between two completed teardowns. Lot is all of a 1/4 acre (52 x 132) - but that's a bit bigger than the one I just built.

Attached is PDF of the sales brochure for the one I was blogging about that we sold. I will try to get around to adding some more pics. I will try to keep a better blog on the next one.

It will be very interesting to see how this goes the second time around - as now I know all my subs, I know what to look for, etc. I really think I can save quite a bit of time we wasted on other steps in build 1 - however, I know it's always easy to say that now.

Photos



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Posted by Rob in Downers Grove, IL on 5/27/2010

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5/27/2010
Congrats on the sale of your house. I can't believe that you are doing another one so soon after this one. What a great time to build!  

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