Five teardowns
Houses don't have to be falling down to be candidates for tearing down.
Should you tear down?
New Canaan, Connecticut
New Canaan, Connecticut
$750,000
A number of clues immediately marked this ranch house as an almost certain teardown. There were a number of new constructions on the street, the design was dated, the house is small for the area and it had gone without some routine maintenance. Cher Wyskiel, of Xchange Properties, says a faint moisture odor probably indicated water damage.

New Canaan, with two Metro North stations, is an easy commute to midtown Manhattan and is even closer to the corporate headquarters in Stamford. It's one of the most affluent towns in The United States.
See what seven figures buys Our quarterly look at what 6 zeros will get you. (more)
Top 10 cities: Where to buy now The real estate slump could get worse before it gets better. But these 10 markets offer great opportunities for those who have the patience to buy and hold. (more)

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.