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re: Condition of the real estate markets in Lafayette

Posted on 12/9/15 at 2:27 pm to
Posted by theoldwiseone33
University of Louisiana
Member since May 2012
493 posts
Posted on 12/9/15 at 2:27 pm to
Can't go wrong w/ paid off property on half an acre in Youngsville.

What can he build it for per foot and what are the comps per foot? The answer will tell you whether it's worth it or not.

Which contractor is buying it up? Is it a builder like Privat or DR Horton that goes cheap on everything or Van Alan who is top of the line?
Posted by Tigerfan19
Member since Mar 2004
2125 posts
Posted on 12/9/15 at 2:46 pm to
quote:

Can't go wrong w/ paid off property on half an acre in Youngsville.

What can he build it for per foot and what are the comps per foot? The answer will tell you whether it's worth it or not.

Which contractor is buying it up? Is it a builder like Privat or DR Horton that goes cheap on everything or Van Alan who is top of the line?



Comps are in the 140 range, but he will build for around $105. Trying to stay under $250k with property worth close to 40k.
Contractor is ReMax A.M. Design & Construction Group
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