Building a home doesn’t have to be expensive. In fact, with careful budgeting, comparison shopping, and a willingness to keep things simple, it can be very affordable. However, mistakes made during the building process can quickly put you over-budget.
The housing market in Wisconsin is booming with less than 4.2 months of inventory on the market. A typically healthy market has 6 months of inventory. Low supply has fueled a 6% increase in the median sale price. Reports of multiple offers on the first day of listings, with accelerator clauses and personal letters selling…
Green building has become mainstream in the last decade, expanding beyond the environmental community and becoming the hot topic among both commercial and residential builders. One major point of contention lies with the costs associated with green building regarding establishing the benefits of going green for both builders and owners alike.
The typically slow winter months for real estate did not exist in 2018 with over 13,471 homes sold in Wisconsin, which is the largest amount since home sales were tracked back in 2005 per WRA. Home sales rose in February 2018 over 5.8% and the median sale price jumped 7.4% since last year. The pace…
Negotiation knowledge is the most powerful tool when making an offer on a property. Often, real estate developers and property sellers are among the best negotiators. Why? The more information you have about a prospective property, its initial price, how long the seller has owned it, the better offer you can make.
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.
When it comes to purchasing land, the sum of the parts can genuinely add up to something greater than the whole. Whether you own a parcel of land or are considering investing in a vacant property, a multitude of benefits can spawn from successfully subdividing your land into residential lots, including providing a landowner both increased profits and flexibility. As prospective home builders show interest in subdivided, available lots, the original land investor can monetize and maximize their acquired land’s value.
In the onset of building a custom home, purchasing vacant land in Waukesha, WI and starting construction from scratch can be a tempting opportunity. A vacant lot is like a blank canvass; you have the freedom to design and personalized control of building operations. However, before jumping into this endeavor, one must understand the costs, regulations, and processes surrounding a land investment.
Appliance Trends 2018 The 2018 International Builders Show is a great place for builders to catch up on the latest products. There is so much to see at the show from basements to rooftops. This year the appliances really stole the show. Here are some of our takeaways and appliance trends for 2018. …
