Ground-up residential development, often called spec building, means constructing a new home on vacant land with the intention of selling it, on speculation that a buyer will materialize at a profitable price.
Log in to followTrying to write down everything I'd pay between putting a lot under contract and pouring footings, and my list keeps growing. So far: plan set, boundary survey, topo, soils report…
I've been tracking budget versus actual in a spreadsheet and it worked fine when it was a small scope. Now I've got a draw schedule, subs invoicing at different stages, two change…
The plan I had drawn was 3,200 square feet and the framing number came back so far over my budget that the whole thing stopped working, even before I priced the mechanicals. Meanw…
Numbers on the one I'm looking at. Lot is 180k, plan is 2,400 square feet, my best hard cost number is 165/sf so call it 396k. Soft costs I've penciled at 55k. That's 631k all-in…
I've been pricing a couple of vacant lots and every builder I talk to quotes a different cost per square foot for what sounds like the same house. One said 145, one said 190, and…
I've got a list of four lots I'm watching and I've been reading about the owner-builder permit. The way I understood it, if I own the land I can pull the permit myself and hire su…