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Curious about pricing of lots for new construction builds

Posted

I hear a lot of investors, realtors, and other real estate professionals saying that they are looking for vacant lots/land to build on. Genuinely curious what people's plans are for these lots, and why so many people are gravitating toward it seemingly all of a sudden. I have my thoughts on the exit strategies and possibilities, but I am very curious to hear what other people are hearing/saying about these opportunities in Chattanooga. 

- What are the exit strategies?

- What zoning is desirable? 

- Does it matter where they are located? In Chattanooga or surrounding areas of Chatt?

-Costs involved for cutting curbs and running sewer? 

- How to price these lots to ensure a good profit on the backend? 

Thanks in advance for any input! 

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