[quote=AN] . . . I don’t buy for one bit that it cost 2-5 times to build a custom homes vs a tract home. The cost of permit can’t possibly be that expensive.[/quote]
It’s not just the permit, AN. It’s the finishes and hardscape/landscape you will have to use in order to conform (and compete) with the immediate area. And the finishes you will use on the inside to conform with your individual taste and also area values.
Who in their right mind would go thru the “custom build” process in CA on an inferior lot? Owners could just get a “spec” builder to build one of their 5-6 “stock” plans on an inferior lot or a lot in a “working class” area. There is no need to go through this bureaucratic hell if the lot isn’t “worth it.”
I think Nor-LA-SD-GUY2 is correct in his assertion that it costs two to five times as much to build a (quality) custom home over a tract home. It all depends on WHERE it is being built.