The Scrape and Build: The Brutal Mathematics Behind Tearing Down a $2M House to Build a $5M Estate In
In the highest tiers of Orange County real estate, the most intoxicating fantasy is the “Scrape and Build.” An ambitious buyer or novice investor locates a dilapidated, 1950s teardown sitting on an incredible parcel of coastal or suburban dirt. They pull out a napkin and run the amateur mathematics: “I buy the dirt for $2,000,000.…
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