NE JoCo teardowns
Posted: Wed Nov 13, 2013 9:26 am
Northeast Johnson County starting over with teardowns
After a lull caused by the 2008 recession, the pace of teardowns has picked up considerably. People drawn to the area’s quality of life and convenient access are willing to pay $200,000 or more for a functional house, raze it and then drop another $650,000 or more on a new home.
The phenomenon is happening in the gamut of neighborhoods — expensive Mission Hills and more modest but tony neighborhoods in Fairway and Prairie Village. It’s bringing back and retaining young families and reinforcing property values in communities prized for their location and stability....
Mayor Ron Shaffer of Prairie Village agreed his community’s location near such urban attractions was a major reason why teardowns were occurring there.
One of the more encouraging benefits, he noted, is teardowns allow growing families to stay in Prairie Village rather than relocate farther south in Johnson County.