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re: What's the average % a builder chargers for a house?

Posted on 1/8/14 at 7:57 am to
Posted by munchman
Baton Rouge
Member since Feb 2006
10343 posts
Posted on 1/8/14 at 7:57 am to
quote:

i charge 10% of appraised value.


Does that include land value or just the 10% above cost of the build itself?
Posted by mack the knife
EBR
Member since Oct 2012
4208 posts
Posted on 1/8/14 at 8:08 am to
quote:

Does that include land value or just the 10% above cost of the build itself?


10% of appraised value includes the lot. not to sound like a smart-arse, but appraisals include lot value.
Posted by saderade
America's City
Member since Jul 2005
25854 posts
Posted on 1/8/14 at 8:11 am to
I have a builder overseeing the whole project in which I am the legal contractor. I pay him a set fee before the house is started in monthly installments which came in at less than 10% of the whole project, I pay the subs directly and he encourages me to find the best prices possible. Ideal situation on a 100% custom house.
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