Track built houses- strategy to capitalize?

[Katie Sorensen]

Hello! We are heavily considering commissioning the construction of a new house at the beginning of a new neighborhood with the idea that as the neighborhood goes on, the builder will raise prices, and thus ours will appreciate. Once the house us done, We would either rent it for a year, or sell right away. I’m a realtor, which helps the situation. Does anyone see pitfalls to this idea? Ideas on best way to finance it - keeping in mind that the loan doesn’t even close til the home is done with production builders. Thanks for your thoughts!