how much $$$ to finish?
Looking for some educated ballpark guesstimates on how much it'd cost to finish someone else's custom build.
We recently found an MLS listing in an area where we've been watching for a piece of land. Someone selling a partially finished custom home. There's presently 1400 sq ft finished living space. There's an additional 2700 rough framed. It's not an old home with an addition, because I know the area and the house wasn't there 3 or 4 years ago. Looks like they may have built in phases and are stopping now for whatever reason.
The unfinished space is rough framed, closed with siding, roofing, windows. It'd need electrical, plumbing, insulation, drywall, mechanicals, and all the fixins'.
From your experiences, any guesses at what it'd cost to finish? My WAG is $150-$175k might get it done.
We're only entertaining the thought because in this area, the very few lots that ever do come available cost nearly what this listing is down to. (it's been on & off market for ~18mos, dropping each time. I bet there's not a huge market of buyers looking to finish someone else's project.) It'd be almost like buying a lot and getting a shell for free.