Tonight's Discussion Is Brought To You By "unpermitted Finished Attic"

[Mike Kennedy]

The market certainly recognizes the utility of the space. The bedroom upstairs makes this a 3 bedder rather than a 2 bed. I honestly forget what the proper procedure is with this non-permitted work.

I think the value here is the size of the Parcel.

I'm going to spend more time researching the Site Adjustment -- the Subject is 1.38 acres, might be the largest parcel in that part of town. It's not inconceivable that this 70 year old house gets bulldozed and the Lot gets sub-divided.

If so, why is the current use HABU ?

 

[DonRico]

Because the site, while relatively large, is probably too small to justify the expense of subdivision, site work and road expansion for what would only be 2 or 3 homes. Residential developers in this market are looking for larger projects to spread the costs.