GWISC
Member
- Joined
- Dec 3, 2014
- Professional Status
- Certified Residential Appraiser
- State
- Wisconsin
That would be different from what I have been told by instructors, but I can call them and ask as well to verify. Do you remember if M&S indicated as to whether their costs also include the builder's overhead costs?Years ago I called them and asked about that and was told they include 12%-15% for builder profit. That is in line with what builders here try to make.
But...I have seen cases where two identical new houses sold for widely different prices due to local market conditions, after factoring for things like cost of lot, water & sewer fees etc...