A good rule of thumb is that the land “Cost” (sales price plus the above expenses to get the site ready to build) should not exceed 25% of the total project cost. There are obvious exceptions such as high end lots and smaller home sizes but the 25% rule is a nationally accepted starting point. The best way to know the “Cost” of a site is to consult with a building professional before agreeing to a final price and closing date.
At Zbranek & Holt Custom Homes, Ltd. our team of highly skilled Master Builders in the greater Austin Texas area offers this service for Lot Assessment, at no charge to our clients. For more information or to discuss your custom home ideas contact us at 512-261-0344.