Industry Standard Profit per House: Difference between revisions
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(Created page with "*18% [https://www.coconstruct.com/blog/despite-turbulent-2020-home-builder-profit-margins-grew-8-5-yoy#:~:text=In%20our%20analysis%2C%20we%20found,of%20the%20residential%20con...") |
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*18% [https://www.coconstruct.com/blog/despite-turbulent-2020-home-builder-profit-margins-grew-8-5-yoy#:~:text=In%20our%20analysis%2C%20we%20found,of%20the%20residential%20construction%20industry.] | Defined as percentage of sale price. Average sale price in 2021 was $374k. | ||
* | *This article says sale price is typically $400k, and build price under $300k. This means average profit margin is at least $100k. | ||
*Average margin appears to be 18% [https://www.coconstruct.com/blog/despite-turbulent-2020-home-builder-profit-margins-grew-8-5-yoy#:~:text=In%20our%20analysis%2C%20we%20found,of%20the%20residential%20construction%20industry.] | |||
*0.18*400k = $72k. | |||
*Both are close. | |||
Latest revision as of 14:43, 27 January 2022
Defined as percentage of sale price. Average sale price in 2021 was $374k.
- This article says sale price is typically $400k, and build price under $300k. This means average profit margin is at least $100k.
- Average margin appears to be 18% [1]
- 0.18*400k = $72k.
- Both are close.