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Overbuilt Properties

A home is consider overbuilt when it has been expanded or improved to a level beyond that of most homes in the area.

An overbuilt home can be difficult to sell for a reasonable price (based on its size and features) because it has been improved past the affordability level of the typical area buyer.

An owner who has overbuilt or over-improved a home may have to accept a significant loss on the funds invested into the property.


 

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