I've been building one home per year in Tuttle, OK. I'd like to expand my company to 2-4 homes per year. Tuttle is a small town 25 minutes from Oklahoma City limits. The town has experienced alot of growth in the last ten years.
The homes I build are in the 2200-2300 square foot range and sit on a one acre lot. The homes sell for just under one hundred dollars per square foot. This price includes granite counter tops, 2x6 exterior walls, Trane heat and air, a three car garage, and many energy saving upgrades.
The floorplans I build have 1800 square feet on the bottom floor and 400-500 square feet upstairs. This extra space upstairs is layed out as an office, media room, and also a half bathroom. That upstairs space sells for the same one hundred dollars a foot as the downstairs space, but costs far less to construct. Much of the profit in the home comes from the addition of that upstair's space.
The last house I built had $195,000 in construction costs and a profit to me of $35,000. An investor would own the home. I would build and market the home. We would split the profit evenly. Email me with your questions. Thank you, Ryan firstname.lastname@example.org