Asked by Fred Posner, San Diego, CA • Tue Feb 3, 2009
Hello everyone. I am not sure if this is the appropriate forum to address my question, but I would greatly appreciate any answers or guidance. My uncle recently passed away and willed me a piece of residential land in San Diego (near Ocean Beach). It has a pretty good view of the water, and I was thinking about possibly building on it. However, I am obviously at the early stages of this thought process, as I just recently found out about this piece of land. Essentially, I'm curious to know how much it would cost to build (price per square foot). I recognize it entirely depends on the materials, etc, but would very much appreciate any rough estimates or guidance on what the going rate is in San Diego. I believe commodity prices have been falling lately w/ the economy, so I'm hoping this drop will benefit me if I were to build.
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