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Updated almost 12 years ago,

User Stats

263
Posts
147
Votes
Gregory Childs
  • Flipper/Rehabber
  • Orlando, FL
147
Votes |
263
Posts

New Home Contruction

Gregory Childs
  • Flipper/Rehabber
  • Orlando, FL
Posted

Hey there,
I know their are a lot of variables but, ignoring the cost of the lot itself, do these numbers look reasonable to build a 2,300 sqft home (new construction) in the SE USA market with a target resale list price of $200K.

Direct Cost $112,000
Standard Features $5,000
Site Conditions $3,000
Builder Fee $12,500
Utilities / Maint $1,200
Commission $12,000
Closing Cost $6,000

I am just using this as an example - as I build a pro forma template for new construction.

Thanks - TTFN,

Greg

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