KingoftheCove wrote:Yeah, pretty sure I would not want to build a spec house from the ground up these days.
I’d rather find an existing home where I wanted to live, and then do remodeling to suit my needs.
Neither would I. I’m looking at building a 2,800+ sqft custom designed 3 or 4 BR 2 BA home with a huge master suite and family areas in a neighborhood that’s above the flood plain that invited in 4 feet of water during 10/2016.
Like I said earlier I’ve been involved in residential home construction since I was about 14 years old. I’m just starting to do my homework. I knew I was pretty close. At the end of the day houses won’t sale if they are significantly higher than similar older houses on the same road. The appraisals will be too low so lenders require larger down payments. When they do buyers start asking difficult questions.