Home Builder Advisor/Consultant for single family home builds $500-700k each

[Matthew Banks]

Hi, I've got a couple buildable lots and would like to build single family homes on them in the $500-700k price range. I've done 10 gut rehabs but I don't have new construction experience. I want to GC these projects, perhaps starting with just one build, but would like to have someone with experience to offer advice/consulting to help with the process and ensure I avoid or minimize potential mistakes. If you have experience, particularly in rust belt or upstate NY, I'd be interested to chat.

**If commenting, please be constructive, negative opinions not welcome.*

[Zach Matson]

Way to dive into new construction! Sometimes you just have to go for it and figure it out! A few questions for you to start: 

1. What do you own the lots for? 

2. Do you know what other builders are building for per square foot in your area? Ideally their cost, but even if you just have what they would charge you to build you can work backwards. 

3. What size are the new construction comps that are selling for $500k-$700k.

A couple comments:

1. New construction subcontractors are mostly all different from rehab contractors, most don't do both, and if they do you may not want them to. 

2. There are a TON of nuances to get into with new construction. You are doing well to seek consultation. =)