I had a mate (now deceased) in Charlotte NC, who made a darn good living tearing down perfectly good older homes so Mcmansions could be built on the lots.
As we speak, my little brother is having trouble selling his for the 800+K he was asking. Last I heard he was down to 750K and not even a nibble. I reckon 650K is where he needs to be on it, maybe a 600K sale. --I would not give 300K for it. lol
most of the new ones here come with fully developed basements. I have roughed in plumbing if I ever win the lottery to develop. The big thing is they have heated floors on every level. That is a key selling point but still way overpriced. My place is about 1700 square feet. The million dollar ones are the same size. I would expect more for that kind of money. Also, for some reason we are getting carrots from the U.S. here and they go bad in about 3 days. Like weird shit. I had a bag turn black. Turns out they were infected with salmonella. This last weekend I pulled out a bag I had bought only 3 days before and they were covered with some weird white fungus. It looked like they had been dipped in Elmer’s glue.