Elin Nordegren: Why she knocked down mansion

Elin Nordegren didn’t knock down her $12 million mansion for the sake of it. The ex-wife of golfer Tiger Woods demolished the property — which she only bought last year — because, her builder says, starting over made the most economical sense.

The 17,000-ft., six-bedroom home in a gated community in North Palm Beach, Fla., was built in the 1920s.

“It wasn’t built to the South Florida wind-loading codes of today that were put in place because of hurricanes,” said Dan Reedy of Onshore Construction and Development.

“We had an architect and a structural engineer out here and everyone agreed that it made more sense — structurally and economically — to tear it down and start over.”

Nordegren is living in a nearby rental home with her two children — daughter Sam, 4, and son Charlie, 2 — while construction on her new home is ongoing.

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