ASSUMED PROFITS Can I guarantee how much a builder will make? No.
This example is assuming the builder will only pick up 5 more builds. Keep
in mind, currently there is no competition. The builder can mitigate
basement cost by many means in other areas of construction, beginning
with smaller lots because the home’s footprint will be smaller yet
doubling square footage. Allowing for more homes in the development.
This is going to be a case of smart builder(s) recognizing a niche market
and dominating it without being greedy on the front end because it will
payoff in volumes on the backend.
BUYER CAN’T AFFORD SAME HOUSE WITH BASEMENT As seen on our
profitability slide, there was a $5,000 in ??????????????????????????)?????????????????????????????????????????????????????????%??????)??????????????????????????????????????????????????????)??????????????????????????????????????? ?????????????????)?????????????????????????????????????????????????????+?q??????????t)51L? =I?????????????????????????????????q????????t??????)??????????????????????????????????????????????????????)??????????????????????????????????????????????????????)%?e???????????M??????????????????????????????????!??????M?????)????????????????????????'?e????????????????????????????????)51L? ???????????????????]??????????????????q?????)???????t???????????????????????????????'?e??????????????????)?????????????????????????????????????)9=P?YIe=9?]9QL?? M59P?Q????Q?????????????????????)???????????????????????????????I?
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