New Build Considerations (Wisconsin): most cost efficient layout?

[Michael Johnson]

Hi Everyone,

I'm looking at buying an acre of land for under 5k that's only a few blocks away from the city hospital, school, its in a nice part of town and its in my hometown - only around 5000 people live here. I wanted to start looking into what it would cost to build 2-4 units on this parcel. I thought a good place to start is to ask the question on what is the most cost efficient building layout? side by sides townhomes? A 2 upper/2 lower unit build? What are some of the most important things to look into off the bat when doing a cost analysis? I have a few long term buy and hold properties but I've never looked into new builds and since this land is right behind the house where i grew up, I thought it was at least worth looking into what it would cost to build there are start doing some research. Any advice on where to start would be MUCH appreciated, thank you!