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  • November 12, 2009 at 1:49 PM #16652
    infoseeker
    Participant

    Trying to get and idea on how to factor lot size into a purchase price of the home. Without getting into specifics lets say a 2000 sq ft, 10 year old, 5000 sq ft lot home in poway school district sells for $620K. What is fair price for the exact same plan, year home, similar upgrades home but with only 3200 sq ft lot. BTW 3200 sq ft lot is fine for us since less maintainance but want to make an informed decision about value and resale before making an offer.

    November 13, 2009 at 1:36 PM #482470
    uneven
    Participant

    It’s a tough answer because there’s usually more to a lot than just the size. Views? Privacy? Neighbors on all sides? But, for what it’s worth, we just bought a new house and the builder charged $35K on top of a $700K house in Carlsbad for a 7500 lot vs ours which is 5300. We both have ocean views, but we;re on opposite sides of the street, so its complicated. the other one has better ocean views now, until the next street down is built and he’ll loose the views except from 2nd floor. We have ocean out the front and side and canyons behind. Hope that was all of some help.

    November 13, 2009 at 1:36 PM #482640
    uneven
    Participant

    It’s a tough answer because there’s usually more to a lot than just the size. Views? Privacy? Neighbors on all sides? But, for what it’s worth, we just bought a new house and the builder charged $35K on top of a $700K house in Carlsbad for a 7500 lot vs ours which is 5300. We both have ocean views, but we;re on opposite sides of the street, so its complicated. the other one has better ocean views now, until the next street down is built and he’ll loose the views except from 2nd floor. We have ocean out the front and side and canyons behind. Hope that was all of some help.

    November 13, 2009 at 1:36 PM #483007
    uneven
    Participant

    It’s a tough answer because there’s usually more to a lot than just the size. Views? Privacy? Neighbors on all sides? But, for what it’s worth, we just bought a new house and the builder charged $35K on top of a $700K house in Carlsbad for a 7500 lot vs ours which is 5300. We both have ocean views, but we;re on opposite sides of the street, so its complicated. the other one has better ocean views now, until the next street down is built and he’ll loose the views except from 2nd floor. We have ocean out the front and side and canyons behind. Hope that was all of some help.

    November 13, 2009 at 1:36 PM #483088
    uneven
    Participant

    It’s a tough answer because there’s usually more to a lot than just the size. Views? Privacy? Neighbors on all sides? But, for what it’s worth, we just bought a new house and the builder charged $35K on top of a $700K house in Carlsbad for a 7500 lot vs ours which is 5300. We both have ocean views, but we;re on opposite sides of the street, so its complicated. the other one has better ocean views now, until the next street down is built and he’ll loose the views except from 2nd floor. We have ocean out the front and side and canyons behind. Hope that was all of some help.

    November 13, 2009 at 1:36 PM #483314
    uneven
    Participant

    It’s a tough answer because there’s usually more to a lot than just the size. Views? Privacy? Neighbors on all sides? But, for what it’s worth, we just bought a new house and the builder charged $35K on top of a $700K house in Carlsbad for a 7500 lot vs ours which is 5300. We both have ocean views, but we;re on opposite sides of the street, so its complicated. the other one has better ocean views now, until the next street down is built and he’ll loose the views except from 2nd floor. We have ocean out the front and side and canyons behind. Hope that was all of some help.

    November 13, 2009 at 1:41 PM #482475
    jficquette
    Participant

    When I built houses in Atlanta in the 80’s the lot cost was about 15-25% of the sales price.

    November 13, 2009 at 1:41 PM #482645
    jficquette
    Participant

    When I built houses in Atlanta in the 80’s the lot cost was about 15-25% of the sales price.

    November 13, 2009 at 1:41 PM #483012
    jficquette
    Participant

    When I built houses in Atlanta in the 80’s the lot cost was about 15-25% of the sales price.

    November 13, 2009 at 1:41 PM #483093
    jficquette
    Participant

    When I built houses in Atlanta in the 80’s the lot cost was about 15-25% of the sales price.

    November 13, 2009 at 1:41 PM #483319
    jficquette
    Participant

    When I built houses in Atlanta in the 80’s the lot cost was about 15-25% of the sales price.

    November 13, 2009 at 2:35 PM #482510
    sdrealtor
    Participant

    This aint Atlanta. Good rule of thumb: 1/3rd for land, 1/3rd for construction and 1/3rd for margin.

    November 13, 2009 at 2:35 PM #482680
    sdrealtor
    Participant

    This aint Atlanta. Good rule of thumb: 1/3rd for land, 1/3rd for construction and 1/3rd for margin.

    November 13, 2009 at 2:35 PM #483046
    sdrealtor
    Participant

    This aint Atlanta. Good rule of thumb: 1/3rd for land, 1/3rd for construction and 1/3rd for margin.

    November 13, 2009 at 2:35 PM #483128
    sdrealtor
    Participant

    This aint Atlanta. Good rule of thumb: 1/3rd for land, 1/3rd for construction and 1/3rd for margin.

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