Total Desired Budget
Land Development
Deduct LAND COSTS
Deduct LAND IMPROVEMENTS
DREAM Home
Home BASE Price
Personal Choices
(seems to average from NONE to 30% or more. A good average is 20%)
Once you have the number available to spend on Your DREAM Home you have to decide how to best meet your wishes and expectations for that home.
We would suggest speaking with a Construction Loan Lender to verify and validate your desired and/or necessary budget. You may be surprised at what you can afford with current interest rates!!