Anonymous wrote:Builders can spend $1 M on a lot and build a 3,000 SF house for $1,500,000 and sell it for $2,800,000 or build a 7,000 Sf house for $1,700,000 and sell it for $3,800,000.
The above conceptually is how most flippers think.
Much of the construction cost is in the bathrooms and kitchens, not in having wider hallways or larger other rooms.