I can't imagine the commute if you had to get to work downtown or on the west side.Homes were definitely tract quality with KB making tons of margin on upgrades in the "design studio."

The problem with price per square foot is that it does take in to consideration number of bed/bath, upgrades, etc.

That 'C' property in the 'B' neighborhood we're all looking for exists because the current owner didn't reserve enough to fund the upgrades to keep it a 'B' property: Don't be that owner.

Yes, DOM for new construction is significantly longer - one reason being that they get thrown up on the MLS before ground has broken... 

The expenses can dramatically be lowered assuming the fixtures in that building are older and not upgraded.

This will give you some insight into the condition of the property, what upgrades or repairs have been completed and when and how they came to their determined list price.

If you're in a nicer area or want to do an upgraded rehab, then plan accordingly. 

I work out of the home and we make good income but with other expenses our debt to income ratio is at the top of the lending line for banks.We have 15k for a new home.  22,000 in a 401k account and we're looking to upgrade to a 4 bdrm home sooner than later.  

How much cash do you have invested into the property (down payment, major repairs or upgrades)3.

I upgraded my account to PRO for the benefits it brings I'm no pro by far yet!!