Wednesday, October 30, 2013

Double lot tear-down: More new construction on Farragut in Bowmanville

I was showing a foreclosure two-flat in "West Andersonville" and swung by this construction site.  Demolition is almost complete on two frame homes sold early this year in the Bowmanville neighborhood of Lincoln SquareThe side by side properties were sold to the same developer at 1830 W Farragut for $190,000 and 1834 W Farragut for $230,000.

The properties at 1830 and 1834 W Farragut have been torn down to make way for new construction.  West Farragut from North Ravenswood to North Western has seen at least 5 new construction houses completed this year.

The two lots are located on a cul du sac of West Farragut.  A tremendous new custom home was recently completed across the street on the southeast corner. Click here for the view of the lot prior to the construction.
This gorgeous house above sits on the northwest corner of Farragut and Wolcott.

View looking east on the 1800 block of West Farragut
Currently, 1827 W Farragut on the block is under contract with a $495,000 asking price.  It's a re-sale of an "okay" renovated house with three bedrooms, 3 baths, a standard 25 x 125 lot and a bit of a quirky layout.
There is a permit for a new construction house at 1830 W Farragut.  There is only a permit for tear- down for the 1834 W Farragut property from what I can see.  Sooooo, this will probably be a large single family house built on the double lot.

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