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Real Estate
Reply to "Smaller new construction homes, where are they?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Sorry but this doesn't exist. You can try to custom build but that won't be in a neighborhood. [/quote] There is a lot of gouging happening where if you own expensive land they will charge you more for the same house it costs less to build on less $$$ land. I call it "land premium". If you own your land and it's $$$ builder will squeeze this land premium from you, not just for the actual build itself. [/quote] To build a 4K sq.ft. home you will pay the same as building an 8k sq.ft. home further out or in less desirable neighborhood. Even if you already own the land. Also you will be pressured to build a larger home for resale value, as you will be convinced that $$$ buyers in the area are all looking only for large homes, and you will lose money if you build a smaller one. Tell me I am wrong. [/quote]
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