Neighbors Balk As Infill Spreads From Up And Coming Streets To Portlands Wealthiest Zip Codes

Dated: 03/13/2014

Views: 410

Portland’s next great land-use battle arrived in one of its swankiest zip codes via cherry picker.Neighbors on Northeast 35th Place looked outside one morning last fall to see a man eyeing the views as he went up, up, up -- higher than the brick ranch house at number 3419.He was a builder preparing to raze the existing home, valued by county tax assessors at $839,000, and replace it with two new homes, each expected to cost as much as $1 million.Neighbors, who peppered nearby streets with “Stop the Demo” signs, hate the idea. But there’s nothing they can do.“It’s just a terrible waste, because this was a beautiful house in good condition, a great house with some remodeling and updating,” said Barbara Strunk, who has lived across the street since 1976. “My fear is that this is just the beginning.” Infill, tearing down an existing structure and putting up one or more replacements, has become common practice in some of Portland’s oldest neighborhoods over the past few years. The number of single-family home demolitions has skyrocketed since the end of the recession and was up almost 50 percent last year from 2011. Read more...
m
Blog author image

Mark Ross

For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 25+ years in the industry, Mark has gained experience in....

Latest Blog Posts

More Young Adults Live At Home Now Than During The Great Depression

While at the beginning of the year it seemed like Millennials and Generation Z were going to take hold of the housing market in 2020, the pandemic drastically changed that prediction.For the first

Read More

How To Make Your Home Office Space A Huge Selling Point

It's been six months since many of us were last in the office, tapping away on our ergonomic keyboards and drawing on whiteboards in conference rooms during (gasp!) in-person meetings.Since then, we

Read More

The Refinancing Boom Is Just Getting Started

Even with refinancings driving a record $1.1 trillion in originations in the second quarter and testing the limits of lenders’ capacity, LOs, mortgage executives and economists say all the

Read More

US Mortgage Rates Fall To All Time Lows This Week

Average mortgage rates for 30-year and 15-year mortgages fell to all-time lows this week, Freddie Mac said in a report on Thursday.The 30-year average is 2.86%, breaking the prior low of 2.88% set

Read More