Hampton Topics: lot values

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	Name:	Flash -
	Subject:	lot values
	Date:	5/5/2006 11:01:05 AM

Feb, your honest opinion is dead on. While I've seen an appreciable increase in land value, the same increase in unit sales value is absolutely staggering. While cost of building has been fairly flatline, with the exception of the vaccuum Katrina caused, unit prices have to be revised upward in almost monthly increments. When you see developments done in "phases", the prices for each phase jumps dramatically. By the time the phase is completed, they are already undervalued. Unfortunately, it doesn't matter what you build, whether it be with all the amenities or a stick cabin, if you build it, they will certainly come. Woe be unto us if the apprasiers catch on.....