Ladue and Frontenac are land-locked. They're not getting any bigger in area so in order to have newly constructed homes, something has to go. It's a trend that's happening all over the St. Louis Region with special emphasis in our area. You've heard about it called "re-development", "in-fill", or "tear-down". In many cases the value of the land trumps the vaul of the house. The Houses in question are not necessarily in disrepair but may be obsolete and needing major updates or the style size and features may not neet the needs of today's market. As long as Ladue and Frontenanc are attractive, the trend is destined to continue.
This week we present a list of 10 lots that are prime for redevelopment. The information comes from the St. Louis multiple listing service. Some of the listings are empty lots, others are older homes that are deemed too costly to bring up to todays standards, and buyers desire that are right for the location.
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Address City Price Acres Agent Company Phone 17 Glencairn Ln Ladue $549,000 0.69 Sharron J Bartle Ray Bartle Realty 314-603-7862 21 Overbrook Dr Ladue $625,000 1.89 Gina Bundy Gladys Manion 314-721-4755 1 Little Lane Ladue $695,000 1.03 Barbara Wulfing Janet McAfee 314-277-3285 Lot 2 Glenview Rd Ladue $729,000 1.56 Bryan Bowles Worth Clark Realty 314-503-4900 1 Old Ladue Dr Ladue $995,000 1.80 Barbara Wulfing Janet McAfee 314-277-3285 11 Overbrook Dr Ladue $1,250,000 5.08 Anne Ryan Coldwell Banker Gundaker 314-993-8000 510 S Price Rd Ladue $1,250,000 2.38 James Manion Janet McAfee 314-997-4800 1035 Price School Ln Lot A Ladue $1,299,000 1.54 Michael Rechan Dielmann Sotheby's 314-725-0009 1035 Price School Ln Lot B Ladue $1,299,000 1.70 Michael Rechan Dielmann Sotheby's 314-725-0009 8 Warridge Dr Ladue $1,490,000 3.06 Anne Ryan Coldwell Banker Gundaker 314-993-8000
One of the best places to start your quest for building a new home is to contact the bulding department at the city. There are rules and regulations that need to be considered when planning. Lot lines, setbacks, abatements, and easments are just a few of terms of leagalese that may crop up to alter your plans. Talking with Mike Gartenberg, Deputy Building Commisioner in Ladue will help you get started. "New home owners could make things a lot easier on themselves if they start here," he said.
Of course, your real estate agent can help you through the maze of getting to your dream house.