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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: tdl4138 who wrote (59105)	8/4/2006 11:37:18 AM
From: Dale Baker	Read Replies (1) \| Respond to of 306849

You can buy houses like that in developments within 30 mins drive of Dallas all day long. Most advertise "from the 200's" or something similar, some even lower. That one is east of Dallas just outside the 635 beltway. Go further north and the "communities" are growing like mushrooms. That's why it's hard to make a buck in Dallas real estate, the supply of cheap new stock is endless.

To: tdl4138 who wrote (59105)	8/4/2006 7:15:30 PM
From: Don Earl	Read Replies (2) \| Respond to of 306849

RE: "I think you're off on your numbers....considerably." Let's see, you started out claiming $170K for a new 3,500 sf home. You then post a link to a site that will build a solid poured concrete wall 3,000 home on your lot for $234K. I'd suggest you take a closer look at the site you posted. mercedeshomes.com For a custom stick built home, $100 per foot, plus land, plus labor is going to get you in the ballpark for rough estimating purposes. Obviously you can buy a trailer, a modular home, or some sort of corner cutting prefab deal for less, but that's not apples for apples. Custom wood framing on a foundation is your basic standard.