2 ms·
Even if it is so, you don't get it much cheaper when 60%-70% percent of a single family home is land. Going from expensive to ridiculously cheap in constructio
by baybal2 6y ago
Even if it is so, you don't get it much cheaper when 60%-70% percent of a single family home is land.
Going from expensive to ridiculously cheap in construction methods will only mean shaving $100k-$150k from a $1m home.
Going for extra-cheap interiors will probably save more for house in such price range.
The real solution is to rehouse America in highrise appartments.
This way, you can get up 100 fold land price reduction.
- dcolkitt 6y agoThere’s very few homes in America where land is 60% of the property value.
- baybal2 6y agoThen, there is more runway there. But still... Foundation work is not going anywhere on any construction method except for smallest homes. Framework work is probably easiest to eliminate, but you will still have to count one most basic. Even if you have 4 fold work hours reduction, and 2-3 fold in materials you save $300k on a $1m home, and end up with a very basic house. Apartments are better than trying to improve upon a single family home.