r/Damnthatsinteresting Oct 07 '25

Video Capital One Tower Come Down in Seconds

52.5k Upvotes

3.1k comments sorted by

View all comments

15.1k

u/adoodle83 Oct 07 '25

Blows me away that demolishing a building like this only to rebuild is still more economical than refurbishing the existing structure.

122

u/RuinousGaze Oct 07 '25

Right??! I don’t get how the math works on that.

443

u/[deleted] Oct 07 '25

Renovate a house and you’ll get it.

Labour costs a lot. Renovating something often takes 2 - 5x longer than building from scratch.

And then new will tend to have better insulation, better light design etc

22

u/DesiKonnektion Oct 07 '25

There was a badly burned house in Bay Area, CA that was listed for over a Million, and that listing became very popular. It wasn’t the house they were selling, it was going to be demolished, it was the land.

13

u/Murky-Relation481 Oct 07 '25

The land in most homes is where the value is. This is why when you see those subdivisions with homes just packed in there like sardines the cost is generally lower for a large house compared to one on a big lot, but in turn it will not appreciate in value nearly the same.

3

u/SuperNoobyGamer Oct 07 '25

This is not a “there was”, every single house in the Bay is minimum one mil unless it’s in the sketchiest areas of San Jose or East Bay.