Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 about 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...