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Updated over 6 years ago,

User Stats

37
Posts
7
Votes
Victor Barboza
  • Flipper/Rehabber
  • Phoenix, AZ
7
Votes |
37
Posts

What is your average new build cost?

Victor Barboza
  • Flipper/Rehabber
  • Phoenix, AZ
Posted

I am currently working on a wholesale deal right now. However, the house is in very bad conditions, and will most likely have to be rebuilt. It has a 10,000 sq. ft lot, the home itself is only about 800 sq. ft. But assuming you add some square footage, roughly to about 1200-1400 sq ft. what is your average new build cost for that size?

I have not worked with a property before that has to be a new build, this one however, I know does. I am in the Phoenix area, new builds in the area where the home is are selling for about 400-500K. Getting an average new build price will help me structure this deal, and see where I need to be at or get a better understanding. Thank you! 

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