New Development Questions

[Charles M.]

I'm looking at new development in my market since I found a good deal on land. Its an extension of an existing neighborhood that fits my target property perfectly both in location and sizing. I've never built a new home but this property has been approved for 10 homes already. I'm wondering what costs I will need to consider when analyzing this deal.

The road, water and sewer will need to be extended from the existing road ending to provide access for the 10 lots. There aren't any requirements from the county (like road drainage etc) other than actually having public sewer and water connections made by us. I'd like to get an idea if anyone has experience doing something like this? What is a typical cost for water and sewer hookups for a singular lot, and what kinds of discounts are available for multiple water/sewer hookups and road being created at once?