There's a range of about $650-$750/sqft for homes of comparable size sold in this master-planned community. The $750/sqft comp is most similar to the home I would be buying in many ways, but by the timeline it seems like that purchase was made post-construction. Do developers put a premium on pre-construction since you get to pick your finishes? Or does the uncertainty generally translate into leverage for the buyer? If useful for context, the development as a whole is nearly complete, and housing supply in the area overall is tight. Thank you!
4 months ago