Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

17
Posts
10
Votes
James Mcgowan
  • Lender
  • Atlanta, GA
10
Votes |
17
Posts

Estimate a/o average sq ft bld cost for a small t'home community

James Mcgowan
  • Lender
  • Atlanta, GA
Posted

Greetings forum,

I'm reviewing a possible,  "smallish" - 26 units, townhome development for a client.  The land is about 90% developed with major utilities in place including sewer, and most concrete in place in terms of pads, street, and curbs.  I'm trying to get a feel for an average cost to build per unit.  My only exp is with detached housing.  

The finished product would most likely be 2500-3000 sq ft, two car garage, and finished very similar to a large builder's product.... nice finishes but not over the top.  A few recent comps of very similar product are selling in the mid 300's - 400k.

This might be a loaded question with too many variables but i wanted to check with the BP community regardless as the knowledge and insight here is always helpful.

Thanks to all-

James

  • James Mcgowan
  • Loading replies...