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General Discussion
Did I miss the memo about housing builds skyrocketing?
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<blockquote data-quote="ibrokeit" data-source="post: 626638" data-attributes="member: 1801"><p>For what it's worth, 6 months ago we were looking at building. I am one of the heads at a large commercial concrete company's so I could have foundation in dirt cheap and have a lot of connections for the rest of the work. I ended up finding a 6 year old house almost exactly what i wanted. We were the first people to look at it the morning it was listed, and put an offer in that day. Paid $407,000 for it. Only reason I mention that is to say--I ran the numbers with 2 different custom home builder friends of mine after closing. To replicate what I have on the same value lot, it would cost over $500,000, or $166/sf including lot, or $140/sf if I already owned the lot. Ish.</p></blockquote><p></p>
[QUOTE="ibrokeit, post: 626638, member: 1801"] For what it's worth, 6 months ago we were looking at building. I am one of the heads at a large commercial concrete company's so I could have foundation in dirt cheap and have a lot of connections for the rest of the work. I ended up finding a 6 year old house almost exactly what i wanted. We were the first people to look at it the morning it was listed, and put an offer in that day. Paid $407,000 for it. Only reason I mention that is to say--I ran the numbers with 2 different custom home builder friends of mine after closing. To replicate what I have on the same value lot, it would cost over $500,000, or $166/sf including lot, or $140/sf if I already owned the lot. Ish. [/QUOTE]
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Did I miss the memo about housing builds skyrocketing?
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