OKC Pulse September 2013 | Page 16

PROFITABILITY
House #1 has no basement
Cost to build $100,000 Sales Price $160,000
Net Profit $60,000 x 10 builds a year = $600,000 Annually
House #2 built with an unfinished basement
Cost to build $115,000 Sales Price $165,000
Net Profit $50,000 x 15 builds a year = $750,000
X 25 builds a year = $1.25 Million dollars
Annually

It is not necessary nor expected in construction throughout the United
States that a builder “finish” basements. It’s built in sweat equity for
the buyer.
© 2013 S. Walker & Co.