Quote:
Originally Posted by CoachKandSportsguy
Agree, and potentially the dev 15% is a bit low, being in a monopoly market.
I would use 20% because of the monopolistic backdrop. .
good finance estimates though
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Home estimates are low, IMO.
The Developer is earning a "developers profit", a "builders profit" and a "sales commission". More likely, closer to 20%-23% in total ... perhaps higher.
For Commercial Space, I used a blended rate of $23/sq. ft. net. I could be off on that.