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Was doing to do a post on this tomorrow but my guess is construction costs would be around $300 per square foot and new condo construction downtown is probably
by kevinburke 5y ago
Was doing to do a post on this tomorrow but my guess is construction costs would be around $300 per square foot and new condo construction downtown is probably getting about $500/square foot. Also you’d be offering something that’s not on the market - a 30th floor view or whatever - and people might pay a lot for that. So I think that it’s not unreasonable, at least based on back of the envelope math.
- Finnucane 5y agoAre there suitable lots available?
- jldugger 5y ago> Also you’d be offering something that’s not on the market - a 30th floor view or whatever Does Davis have anything worth seeing? The Central Valley is all flat farmland with the dry side of some mountains in the distance.
- nawgz 5y agoSurely you have a mistaken factor of 1000 in there?
- kevinburke 5y agoyes - thank you - edited the comment.