what about apartment buildings in new construction?? how would that price differ from homes?

Menwat8683
Home Buyer
Bc

If i am looking to build from scratch a pretty pregtige apartment complex. I'm guessing 250 per square foot. If it is estimated by square feet. I'm really not sure.

Answers (1)
Paul Mcintyre
Agent
Portage, MI
FIRST ANSWER

Spending $250/sq foot on an apartment building would be unheard of in this area. Honestly, I'm not sure there would be a market for it. People willing to pay what you would want in rent to cover your expenses are much more likely to purchase a home in a condominium community where the yard work and maintenance is taken care of for them and they have the advantage of living in a private, detached structure.

Wed Jun 24 2009, 07:31

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