[Stu from NYC]

Originally Posted by Villages Kahuna

Don’t plan on selling it to the Developer to make a profit. If you assumed a density of 10 houses per acre, houses built on that property would have an imbedded property cost of $30,000 per house. That’s unimproved property. The Developer never pays that much for the land component of their development. The only way land priced that high might be attractive to the Developer is for the development with significantly higher density, like the mult-storied condos or rental apartments, like those built near the Brownwood town square.

In that case will tell him he can make up the loss with volume.