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Updated over 6 years ago on . Most recent reply

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Matthew Contreras
  • Rental Property Investor
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Is it still time to build on my vacant lot in Salem Oregon?

Matthew Contreras
  • Rental Property Investor
Posted
Is the Market still right, to build a 3/2 house in Salem Oregon?

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied
Originally posted by @Gene Murashko:

new construction cost is around 225/sq ft contractor cost for a mid grade building. It can go down to 180/ft with extreme value engineering. So answer your question, it depends lol 

Gene that's a tad high for average build quality at least for us.. we are more in the 100 to 110 a foot.. which includes hardy and slab granite custom cabinets engineer floors and full wrap windows and front sprinklered land scape and fence..  tile showers as well

double sinks.. etc etc..

225k a foot for us would be top of the line custom.. Viking  real hard wood.. lots of brick etc etc. 

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JLH Capital Partners

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