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ellen

Beach Lover
Jul 8, 2005
94
19
Just spoke to someone there: lots starting at $65,000. 5 year build-out. Houses $150,000 - $225,000 for 1800 sf-2000 sf.
 

Smiling JOe

SoWal Expert
Nov 18, 2004
31,644
1,773
That would be interesting.

Since an 1800sf home priced at $150K would be less than $48/sf, we can guess that the price of $150K would be the additional cost to build, but even so, that price would be $83 / sf, and that sounds almost impossible around here if the builder is going to actually make any profit. I'll believe those prices are real when I see them.
 
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ellen

Beach Lover
Jul 8, 2005
94
19
I have a friend with lots across the street that will be very unhappy if this is true. I will post again when I get info sent to me.
 

beachmouse

Beach Fanatic
Dec 5, 2004
3,499
741
Bluewater Bay, FL
That's about going construction rate now for parts of north Crestview/Laurel Hill/Mossy Head, where a couple of the McBuilders are marketing 'starting under $150,000' again.
 
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