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Updated almost 10 years ago on . Most recent reply

User Stats

86
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23
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Fred Conway
  • tampa, FL
23
Votes |
86
Posts

Most expensive metros for new builds

Fred Conway
  • tampa, FL
Posted

Had a question regarding cost of building in medium and larger sized metros but not mega cities. This would exclude extremely large cities like LA, Chicago, NY, SF, PHI and smaller cities like Boise but include cities like Dallas, Houston, Atlanta, etc. I heard Grant Cardone talk about a strategy he has of finding out where it costs more in permits and time to build than it actually does to renovate and entire property. For example, I think he said something about a neighborhood he has 1 of his properties in SD costing something like 100k just for a permit to build and then you had to buy land, etc. That creates a barrier to entry that's hard to beat. Wondering if anybody knows on average which cities are cheaper and have less barriers to entry vs which are harder to build new construction.

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