I've got a decent footprint in St.

Here are some of the major benefits: our finders would often require a lot of what I call pre-development costs (appraisal, Phase I environmental, downpayment, architectural drawings, home inspection, State Historic Preservation Office ruling, etc.).

I'm sure there's probably that many comps with that type of footprint so I suggest getting it occupied so that the appraisal can take into consideration cash flow.

We're looking for a small(er) footprint and creative ways to keep it functional, cozy, and fun.

Make sure you budget and negotiate for an environmental review.

And the metro area has barriers to entry, in regards to building housing such as a notoriously slow permit process, environmental constraints, geography constraints, transportation constraints, etc.

But I'm sure there are plenty of environmental concerns that would have to be addressed.

And if you intend to tear down your house, it might be more economical, efficient, and less environmental impact if you "order" a home and have it delivered and put on the property.2) I've heard that Greenwich has been in a housing slump.

Please don't preach to me about Maslow's Triangle and environmental doomsday.

The only way out of an REDC auction is if there are environmental hazards or it is declared condemned.