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Old 01-29-2010, 06:12 AM
 
Location: Sarasota, FL
1,642 posts, read 3,345,307 times
Reputation: 814

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Good lord, $35/sf is pretty darn low!

I paid--ahem--quite a bit more than that in The Hamptons, and it is not gated either.

Regardless, I paid over $200/sf for the house I am sitting in right now, here in Baltimore. I guess the privilege of an utterly corrupt city government and out of control violent crime has a cost.

One cost is folks and tax dollars leaving, I guess.
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Old 01-30-2010, 02:28 AM
 
Location: sittin happy in the sun :-)
3,645 posts, read 7,152,641 times
Reputation: 1877
$35 psf is an obscenely good deal. Even factoring out the land any builder would have to start around $70psf as a bare minimum so congrats on a great acquisition. In the Uk on new builds we work on a base average price of $160 psf !!! thats lower end housing, I am just starting a home for a cleint in March and he is at $240 psf. mind you he is having an indoor pool, gym and its 7500 sf !!

and i wont even tell you what land costs over here :-(
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