How much profit per unit building spec homes?

[Steve Bergeron]

Hi BP members,

Just want to reach out to other building developers.

I’m trying to figure out a good average of profit per unit when sold that I should be shooting for. I know there are tons of factors but I think if a person is building enough units should be able to come up with an average.

I’m thinking 40K per unit a person would be doing very well on a multi project.

I haven’t hit that number yet but my projects have been smaller so property cost per unit were a lot more.

Any responses would be great.

Thanks

Steve