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From: Kylie S
Hi,
There's a house near me that has been struggling to sell - so I've checked it out but can't get the figures to stack up even if we get it 'dirt cheap'.
So I've been reading and thinking - and was wondering if I could sub divide the block (I think its 66'x 98') - and sell off the back yard. The thing is, its not a corner block - so the rear block would have to be accessed via a driveway past the front house.
What does this mean for the land value of the back block?
Has anyone done this before?
Is it worth the hassle?
Kylie
Hi,
There's a house near me that has been struggling to sell - so I've checked it out but can't get the figures to stack up even if we get it 'dirt cheap'.
So I've been reading and thinking - and was wondering if I could sub divide the block (I think its 66'x 98') - and sell off the back yard. The thing is, its not a corner block - so the rear block would have to be accessed via a driveway past the front house.
What does this mean for the land value of the back block?
Has anyone done this before?
Is it worth the hassle?
Kylie
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