The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (188358)	3/4/2009 4:04:50 PM
From: BWAC	Read Replies (1) of 306849

<8 years ago the 1/4 acre lots were 5K and you could build for $35-$40/ft2> In Florida? At a distress sale? Just the same I want to call bs on that. $5k doesn't hardly cover the sewer connection or utilities cost, not to even mention the cost to put a road in place. Or the surveys. Or the preplanning costs. $35-40sq ft building cost? Of materials maybe. Double that for labor. $80 sq ft with no contractor markup.

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