Seattle Real Estate Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago on . Most recent reply

Spec construction cost in Seattle area Plus GC recommendations
Hello Seattle area Real Estate pros ---
we are starting out and looking to do a spec construction for 2-5 townhomes in the Seattle area. I have received a lot of varying cost per sq ft for construction -- from 110 to 400+.
Can anyone please share actual construction cost for a simple spec townhome -- 3 bed, 2 Ba (1 + .75 + .25) ----- Total townhomes - 4, total sq ft 7000.
when i run numbers on the project I need to be below 150 for profitability.
Any recommendations for GCs that fit the bill is most appreciated.
Thanks
GM
Most Popular Reply

I just finished a project that's very similar in scope. PM me and I can share my numbers and the GC.