Whether that is actually true can be debatable and the seller might not want to deal with complex lending situations.

Computers can analyze property based on subjective data (square footage, # of beds/baths, etc.) but cannot calculate for objective data (quality of kitchen cabinets/counters, size of bedrooms and bathrooms, view out the living room window, etc.).You should study the market yourself.

I posted several blowing holes in every new variant of this scheme you dreamed up.I used to build depreciation amortization tables for billions of dollars of assets, was head of balance sheet policy (large chunk of which was amortization) at a Fortune 50 company, and am currently a data scientist doing math literally all day.

Through your local bank that you are using, are you reapplying for each new home for a seperate construction loan or are you setup as a credit line with them and just submit a new budget for each new home 7 mil credit line  ... new budget for each plan that has been pre appraised in the MAI at the beginning of the project.. they did have to update the Mai last summer but again did it at their cost not mine.. banks have to paper their files.. even though we are selling the same floor plans for 100k more per plan than the original numbers came it at and bank has been paid and has all the closing statements showing this data..

If curious, here are the last two: Jan 2023: Multifamily Real Estate is At Risk of CrashingFeb 2024: Multifamily is at High Risk of Continuing It's Historic CrashI think that the title for my 2025 analysis (likely Jan/Feb publication will be something more like:Multifamily is Finally Going to Hit Rock Bottom in Q2/Q3 2025 - Get Ready to Buy a LOT of itAs usual, I like to publish my draft thoughts here to get input from key players in the space and these forums, especially folks like @Brian Burke, to see if I am missing any high level areas, before I get into the weeds and look at the data more deeply and regionally. 

From my research, I'm seeing $100-$150/sqft depending on complexity and material.

Unless you have data that suggests that they have overvalued your home.

One metric we do use when we're able to pull the data are permits pulled & what type of permits pulled in an area.

Originally posted by @Lodewijk Hof:Hello,I'm doing my research on Australia real estate market. ll use the data for a brochure, which is part of my strategy to increase investor awareness.I'm wondering if you can help me on the following data:1.

——————————————————————————————————From the previous month, below are some real estate updates, data points, and current events!