[quote=SD Realtor]ocr will pull in more then that. Usually they will not undertake a project unless they can realize a profit above 25%.[/quote]
that certainly make sense. so that would mean Toll Bros would have to get the smallest model (starting at 4000 sqft) up at cost of $325000 or $81/sqft if they want to be able to get the starting price at $900k. Is that doable on a more upscale home? I suppose we would have to see the quality of the models when they are ready.
probably can’t apply the same 25% margin rule on Montoro or Serenity, those I think were simply survival strategies cooked up by their respective builders just to get rid of the lots without suffering from significant losses.
