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Features – Site
•Underground Utilities•Community Water and Sewer•Protective Covenants•Water Features in Common Area•Professional Landscaping•Outdoor Riverside Kitchen•Golf Cart Trail to River•Fire Pits / Picnic Tables / Park Grills•One – Year Warranty on all Materials and
Labor
Features - Exterior
•Steel Reinforced Slab•Log Siding•25 yr Metal Roof•Vinyl Windows•Covered Parking•Covered Entry•Exterior Lighting•Professionally Landscaped•Soil Treatment
Features - Interior
•Hardwood Floors▫Living Area / Kitchen / Dining / ½ bath
•Carpet▫2nd Floor / Master Bedroom and Bath
•Vaulted Ceilings•Tongue and Groove Walls•Wired for Telephone / Satelitte•HVAC
Features - Kitchen
•Hardwood Floors•Raised, Pine Panel Cabinets•Pantry•Refrigerator•Dishwasher•Oven / Range•Double Bowl Stainless Steel Sink
Features - Bath
•Elongated Water Closets•Vanity Mirrors•Country-Style Vanity Cabinets•Vanity Top w/ Drop Bowls•Decorative Vanity Lighting•Fiberglass Shower / Tub
Features - Electrical
•Smoke Detectors with Alarm•High-Efficiency Air Conditioner
▫Heat Strips / Programmable Thermostat•Two Exterior GFI Outlets•Ambient Lighting in Kitchen and Living
Areas
Features - Plumbing
•PVC water / waste lines•Forty Gallon Hot Water Heater
▫High Efficiency / Quick Recovery•Two Exterior Hose Bibs
Features – Upgrades
•Appliances▫Kitchen apps / Washer / Dryer / Trash
Compactor•Floors•Carpets•Cabinets•Security Systems•Sun Room•Fireplace
Duplexes
•2 Beds / 2.5 Baths
•W/ a Loft
•Full Unfinished Basement
•26 ft X 32ft
•Optional Sunroom / Formal Dining Room
Averages / Ranges (since June 1, 2007)•Average Sold Property Price
▫$445,800•Range for Sold Property Prices
▫$213,500 - $847,000
•Average Current Property Price▫$491,900
•Range for Current Property Prices▫$199,900 – $1,575,000
Projected Costs per Unit
• Concrete Slab - $3500•Basement (if applicable) - $6500•Waterproofing (if applicable) - $450•Plumbing - $5900•Electrical - $6000•HVAC - $4500•Insulation - $1500•Roof - $7000•Stain Interior / Exterior - $7000
Projected Costs (continued)
•Siding / Framing Materials - $14000•Finish Materials - $10000•Cabinets - $4000•Countertops - $1000•Fireplace- $2500•Flooring labor / Materials - $4500•Landscaping - $3000•Labor - $20000•General Contractor - $12500
Duplex Cost / Profit per Unit
•Cost to construct - $114,000•Lot Price per Unit - $83,000•Total Cost per Unit - $197,000•Average Sales Price - $275,000•Potential Profit - $78,000
•Total Profit from Duplexes - $934,000
Triplex Cost / Profit per Unit
•Cost to construct - $107,000•Lot Price per Unit - $83,000•Total Cost per Unit - $190,000•Average Sales Price - $260,000•Potential Profit per Unit - $70,000
•Total Profit from Triplex- $209,000