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re: I’m a Home Builder, Wanna Take A Survey?
Posted on 5/23/22 at 7:35 pm to Centinel
Posted on 5/23/22 at 7:35 pm to Centinel
I’m factoring rates at 6.50% when I’m making my payment projections. $200 a SF on 70x150 lots with curb and gutter, sidewalks both sides of the road, street lights, boundary fencing, 2 miles from anything in town, .5 miles from shopping, restaurants, and hospital. $40k Lot cost. Was 15% profitable in 2019 at $134.50 a sf at $32k Lot cost then.
1
Posted on 5/23/22 at 7:39 pm to T4
quote:
I’m factoring rates at 6.50% when I’m making my payment projections. $200 a SF on 70x150 lots with curb and gutter, sidewalks both sides of the road, street lights, boundary fencing, 2 miles from anything in town, .5 miles from shopping, restaurants, and hospital. $40k Lot cost. Was 15% profitable in 2019 at $134.50 a sf at $32k Lot cost then.
Wouldn't build spec right now, go custom if you can survive
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