Round 2! We’re going to dig even more deeply into potential site development costs and budgeting techniques. It’s essential for developers to get price estimates for site improvements, which are dependent upon careful evaluation of the site prior to development.
When searching for a lot, or piece of land, you make initially find the ideal spot: remote area, scenic vibes, close to nature and a community. What many site-developers don’t anticipate, however, are the unexpected, sometimes unpleasant costs associated with land improvement after closing a deal. Even developers who purchase large land tracts with the hopes of profiting off subdivision often budget more for building and home development costs than the realistic prices associated with buying land.