Tuesday, June 2, 2009

Typical Cost of a New Home

To understand how a new construction is priced, you need to know what are the costs involved. The percentages below are just approximate numbers and may vary over the years.


~ 28% for the materials  


~ 24% for the land  


~ 20% for labor  <li> 9% overhead  


~ 8% profit 


~ 6% Sales & Marketing  


~ 5% Financing


(Excerpt from Certified New Home Specialist training class)



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