Quote:
Originally Posted by llamaorama
I beg to differ, you can in fact buy new construction detached single family homes in the Houston area starting at $180k-190k. Of course these tend to be in nasty and/or inconvenient locations and are unusually small for new stuff. They might not have a garage or the garage might take over the entire front of the house with just a door on the side.
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I meant builder-grade subdivision construction, like stuff from Toll Brothers or Pulte, not one-offs in the ghetto or something. Like a new 400-home development in a decent Houston sprawlburb, with attached 2 or 3 car garage, will not have $180k homes.
Also, keep in mind that advertised new construction pricing is a joke. You'll see a sign "new homes from the mid-300's" which basically means you're gonna pay 500k. They usually don't include any upgrades, appliances, basement and the subdivision usually requires a good 50k in outside work (lawn, landscaping, patio/deck, shrubbery, lighting, fencing, etc.). So, yeah, the base for the shittiest, smallest model is 350k, but that gives you a box with next-to-nothing inside or outside.