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Reply to "This house in Edgemoor?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think it is a teardownn. They need to drop the price $100,000. It's too chopped up inside. Sandy Spring could put a new house on that lot and sell it for $2.9 million.[/quote] Haha builder scam of the century , they use modular and cost more than other stick built. They are really raping people but no one sees it. They try to do nice finishings to hide the standard haven home modulars.[/quote] Jeez you really have no idea what you are talking about. They do a few modulars and they are really well done. But most of their stuff is very well designed and well built. Especially in edgemoor. Any this house is destined to be a tear down. Sorry op -[/quote] yes I do , they said one million to build a house. I calculated all the costs based on my haven homes price sheet , added high end finishings with labor and came up with a huge number that was over 50% profit.[/quote] How do you figure 50% profit if it costs around $1.5m for the property, $1m to rebuild, and the result is worth $2.9m? That seems to cut it close at breakeven point. [/quote] I was referring to my own personal experience when I was asking for builders cost to build a house and they said 1 million, I KNOW the spec sheets for their modulars and can subtract out the difference in what the builder is pocketing which is way over 50%. Also the teardowns are not 1.5 million they are more like 6-700.[/quote]
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