Lake Medina Topics: Relationship of Lot to Price
(Lake Medina Specific)
6 messages
Updated 9/18/2018 3:41:33 PM
Lakes Online Forum
83,688 messages
Updated 6/21/2024 9:58:42 AM
Lakes Online Forum
5,198 messages
Updated 6/19/2024 3:45:44 AM
(Lake Medina Specific)
2 messages
Updated 7/1/2015 11:38:06 AM
Lakes Online Forum
4,170 messages
Updated 6/10/2024 6:29:37 PM
Lakes Online Forum
4,261 messages
Updated 5/28/2024 6:31:10 AM
Lakes Online Forum
2,978 messages
Updated 6/18/2024 10:06:11 AM
Lakes Online Forum
98 messages
Updated 4/15/2024 1:00:58 AM
Lake Medina Photo Gallery
    
Welcome, Guest Select View Mode: [ classic | beta | recent ]
Name:   roswellric The author of this post is registered as a member - Email Member
Subject:   Relationship of Lot to Price
Date:   6/7/2006 4:03:13 PM

Historically the developed land costs are 20% of the total development cost / price. That has risen to 25-30% in most Atlanta areas. Now you can probably get over 30% with waterfront or special situations such as golf but the builders/bankers feel more comfortable at a max of 30%. So a $400K lot is going to get you a $1.2- $1,5M house. Then the builder looks at the house that will fetch that much and if it works it's built.

Haven't done one in years but I think that's about right. Point is there is a relationship of lot cost to house price. So if Russell prices lots at $400K then you will get a $1.2 -$1.5M house.
Other messages in this thread:View Entire Thread
property values... - Bob - 6/7/2006 11:21:09 AM
     property values... - roswellric - 6/7/2006 11:32:50 AM
     property values... - lamont - 6/7/2006 12:18:37 PM
     property values... - Feb - 6/7/2006 12:46:36 PM
          property values... - boataholic - 6/7/2006 12:59:32 PM
               property values... - Bob - 6/7/2006 1:17:19 PM
                    Bob... - Osms - 6/7/2006 2:11:48 PM
                         Bob... - boataholic - 6/7/2006 2:18:37 PM
               property values... - Osms - 6/7/2006 2:00:43 PM
                    I agree with OSMs - noagenda - 6/7/2006 2:11:47 PM
                         noagenda... - Osms - 6/7/2006 2:17:12 PM
                              noagenda... - noagenda - 6/7/2006 5:11:52 PM
                                   noagenda... - Osms - 6/7/2006 6:17:47 PM
                    property values... - Feb - 6/7/2006 2:19:49 PM
               Relationship of Lot to Price - roswellric - 6/7/2006 4:03:13 PM
                    What about..... - noagenda - 6/7/2006 5:14:00 PM
                    Relationship of Lot to Price - Osms - 6/7/2006 5:51:25 PM
                         Relationship of Lot to Price - roswellric - 6/7/2006 7:00:31 PM
                         Relationship of Lot to Price - JIM - 6/7/2006 7:01:35 PM
                              Relationship of Lot to Price - Osms - 6/7/2006 7:59:48 PM
                                   Relationship of Lot to Price - JIM - 6/7/2006 8:28:14 PM
                                        Relationship of Lot to Price - Osms - 6/7/2006 9:56:10 PM
                                   APCO Leases - Island Camper - 6/8/2006 11:24:33 AM
          property values... - FLee - 6/8/2006 1:08:03 PM
               property values... - 2thelake - 6/8/2006 2:07:05 PM
     Whats Driving the Market - Maverick - 6/7/2006 7:07:19 PM
          Whats Driving the Market - Osms - 6/7/2006 8:07:04 PM
               Whats Driving the Market - Maverick - 6/7/2006 8:51:06 PM
     property values... - cobra - 6/7/2006 10:41:47 PM
          property values...not Lanier - noagenda - 6/8/2006 9:58:15 AM
               property values...not Lanier - lamont - 6/8/2006 10:27:34 AM
                    simple thought - 2thelake - 6/8/2006 10:51:25 AM
                         simple thought - HTMLman - 6/8/2006 11:02:04 AM
                         simple thought - LifeTime Laker - 6/8/2006 11:04:45 AM


Quick Links
Lake Medina News
Lake Medina Photos
Lake Medina Videos



About Us
Contact Us
Site Map
Search Site
Advertise With Us
   
Medina.USLakes.info
THE LAKE MEDINA WEBSITE

Copyright 2024, Lakes Online
Privacy    |    Legal