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Posted on 11/29/23 at 11:19 am to V Bainbridge
quote:
Like it or not this is what the future looks like. Lots of older single childless people will need affordable homes to live in. Welcome to hell.
These are affordable but they are WAY more expensive than larger homes. They are ill designed to begin with. Too much dirt going unused. The roof lines are unnecessarily complex without adding much if anything to the aesthetic aspects of the structure. Finally they are unreasonably priced. The appliances cost as much as a 2000 square foot home but the mechanical systems are MUCH less expensive, as are the finishes and every WBS Division of construction. There is a minimal amount any living unit costs per square foot and that cost drops as area increases but it is not the difference between these homes and typical new homes in the area....these are far more expensive. That is ALL on the builder/developer/lender. It is entirely possible to build those homes for $90,000 and make $18,000 on each one. EASILY. What is not easy is running the marketing campaign and having the sales force needed to dupe enough buyers into buying one at that price.
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