I’m there with you TG – In my past life I did pricing for a builder. This is just educational for others.
For anyone that wants a great in-depth but easily understandable explanation of land cost, residual value, home pricing etc. go to the Irvine Housing Blogsite. He (Irvine Renter) has a couple of great posts on the subject.
BTW, how do I get the spreadsheet to look like a spreadsheet here?