Architects and builders in the area are quoting 2000 per square foot, but I am seeing new construction builds in Martis camp selling for 4 million for 4000 square feet, just wondering why I am being quoted double what other builds are being sold for.

I get builders risk policies for all my new builds and at least in the markets I built in Charleston SC  and Portland Oregon have never seen the fence and security and like you I would have trusted my broker to mention something like that.. fence and 24 hour security is just not something you do on ONE SFR rehab.. unless its a known high crime area like South side of chicago and now inner city Portland you really need the fencing etc other wise the homeless and druggies will walk off with everything.. when did a bunch of rehab loans in South Jackson MS same thing theft was off the charts and we had houses burn down .. but the dollars were much smaller.I know I have gotten larger policies for my bigger developments and I did pay my lawyer to go through them line by line and at the end of the day they really cant say what is or is not covered.Also you simply would not think of anything in Colusa county as being high crime .

My siblings and I are building a home in North Port, FL.Here are the numbers:Finished Home Value: $412KishLand Cost: $19,750.39Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!!

For the landlord insurance, builder finance have given their quote of 1800/yr premium with 2500$ as deductible.

If this is in a build to rent location it may be where builder got them rented at a very high price because are brand new but now when it comes time to fill it is very difficult to find that tenant.

I also dabbled as a single-family home builder.

Once I hire a GC and they start their work, I need a Builder’s Risk policy with a “Theft & Mischievous Damage” rider or a “Special Form” policy.

They are rolled up with 5 or 6 other home builders. https://press.brightlandhomes.com/gehan-home-acquires-80-int...They are selling prebuilt, 4 unit homes with garages.

Home prices have been amplified because of the increased costs for builders to actually build a home in the US, mainly:Inflation (materials and labor).Regulatory burdens.Let’s look at both:InflationPrices for everything necessary to build a home - including building materials and hourly labor - are much much more expensive.

Specifically handling liens that builder did not pay subtractors.