building contractor's fee. A Specific Example: The following notes attempt to demonstrate just how big the profit motive is for a subdivision developer. The infrastructure to support intensified residential development in North Monterey County (and in other areas, too) is not in place. Finally, I believe that, in general, people should live in urban areas-that new development should be in or immediately adjacent to cities, where the infrastructure is already in place and only minor expansions of the infra structure will be required to accommodate the additional population. To get an estimate of the cost of the improvements and infrastructure that the developer would have to put in,.g., streets, underground utilities, water (a well or a hookup to water company, and a distribution system sewage treatment (sewer pipes with a hookup. There's nothing wrong with that. To that end, and acknowledging that I have no special expertise in the economics of development, I offer the following figures. In the end, there will be additional costs associated with new developmentcosts not borne by the developersand these costs will come out of our pockets. Thus, the construction cost for a 2,500 square foot house would be 2,500.52243,798. What costs am I talking about?
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Profit 25 6,812,654 50 13,625,309 75 20,437,250,619, i've also looked at the numbers where the developer just goes through the subdivision process, but leaves the home construction to the buyers of the subdivision's parcels. This means that the selling price for a 2,500 square foot house would be 2,500 X 245612,500. I hope the numbers I have presented here help answer that question, and can be of some use to others. Using a figure from a recent newspaper advertisement (today, as I write this, there is only one North County listing)I found the following: 16 unimproved lots of 1 to 2 acres, in a gated community, are being offered at 295,000 each. There's no rule that says people have a right to cut up the countryside into small residential parcels, and that the citizens of the area have to accept that. As I noted, these are not easy questions to answer, but before answering them, it is important to know how much money developers stand to make in the business of residential development. He offered the following information. Blonde, black, eye Color, nationality, american, american. Conclusion: In the Introduction to this paper, I asked the following questions: Under what circumstances is development beneficial to the community as a whole? The aquifer pollution problem caused by our reliance on septic systems has reached criticality in some areas, and it's going to take money to put in a sewer system and treatment facility if the situation gets much worse. The asking price for this 143-acre parcel is 4,018,000, which means that the land is worth 29,098 per acre (4,018,000/143).
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