This article compares the prices of new build homes to existing and the differences are whopping. In Incline, tackling a new home construction project is much more expensive than in a tract residential market due to higher land, labor and material costs. Scarcity breeds higher prices in vacation markets and desirable vacant home sites are rare. The answer... , buy an existing home with good bones and update.
View WSJ article:
New-Home Prices Are on Fire - Real Time Economics - WSJ:
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