building

Uncovering the Cost to Build a House

Real estate is an amazing industry. The market is perfectly designed to allow for smart, reliable, and comprehensible cost breakdowns that allow buyers and sellers to understand how homes are being valued, and most importantly, why. As discussed in my previous blog, understanding the valuation of vacant, raw land is a much more involved process, but once the process is laid out it is easy to understand why a piece of land has the value it holds.
 
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Determining A Building Site on Vacant Land

When I walk through a vacant parcel of land for the first time, like most people, I am impressed by the ease and ambiance of the entryway, the vegetation, the topography, the views and the physical attributes of the parcel and its surroundings. As my clients may continue to concentrate on these, I begin to shift myfocus to identifying the potential buildable areas and thus the actual building location(s) on the site. If the parcel is in a subdivision, the answer will come more quickly as we can look to the subdivision’s recorded, final plat for information.

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