That being said...The landscape has changed.

The bears always look like geniuses during downturns, but it's just a statistical certainty that someone will make money from guessing right during a downturn. 

A medium income market house with cedar fencing; minus the land and landscaping cost, I can build for between $52-60/sf.$50/-55sf = formica in rental units built close to the $52-55/sf$55-60 = Granit Counters or 2cm Granite plus custom marble counters in bathrooms unless Buyer selects full granite option if the have time to do so prior to fabrication.25 year 3 tab roof shingles/ 5:12 pitch/ brick fronts & mailbox with rear and side elevations hardi-siding/  9' plate line/ vaulted to 11' in great room areas and kitchen (open concept plans)/ Stained Concrete Floors/ Pre-Fab Cabinets/ Chrome Fixtures/ Wall have batt insulation/ Attic blow in insulation/ std vinyl windows/ Fiberglass shower tub units and also a garden tub with wall tile/ all Chrome appliances but no refer/  std 3.25 base/ std doors - nothing upgraded/ no fireplaces/ 10x15' rear patios/ 2 car garage/ traditional style homes....Land cost here was cheaper when I first got into this market.  

Brent Coombs , the statistics I have read a few places and pod casts have quoted is generally ~8%.

Kitchen, bathroom, flooring, paint, interior doors, windows, base and case, exterior doors and glass sliders, exterior siding or stucco, landscape, electrical (rough and finish), plumbing (rough and finish), roof,  HVAC, and misc.

I'm originally from Kansas, with a strong background in Market Analytics so I actually enjoy statistics, and marketing trends.

Great idea hiring youth from church to do painting or landscape work, etc.

I would dismiss such an event from being statistical.

You want to be at the top of your field and not average.There was one statistic I read that the average commercial broker/agent makes 106,000 annually.

Search Dallas crime statistics by zip code.