The large tract builders average $140 per square foot.

I am going to bookmark it and read it about ten times to fully digest the amount of info in there.

Depending on census tract and surrounding land use, it can be an uphill battle.

Check avg income, % below poverty line, & racial diversity of the census tract where this is located. 

It was a raw land deal that involved buying the land, creating the infrastructure, drainage, utilities & subdividing the land - then building custom homes on the lots (development) for my family which they would then eventually sell off and profit from.My family had found a 15 acre tract of land listed for sale at $500,000 ($33,333 per acre) in a very fast growing area of Texas. 

Look at super rich Ellen Degeneres' house... all white interior.In fact, head over to Architectural Digest Youtube channel, and look at the celebs' homes.