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I am working with a builder and he is pushing me to buy a $125,000 building lot over a $110,000 lot on the same street. Why would I want to pay more?

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I am working with a builder and he is pushing me to buy a $125,000 building lot over a $110,000 lot on the same street. Why would I want to pay more?

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Certainly you would not want to pay more for a lot but your builder may be giving you good counsel. The more expensive lot may be ready to go. The less expensive lot may require a lot of fill, blasting, drainage or any of a hundred different things. I think the builder, in this case, is trying to save you money. If he owned the lots it might be a different story but here he has no stake in either lot but is making his evaluation of both lots based on development costs. Your email asked a number of other questions and based on those our advise would be buy the more expensive lot going in and your “keys in hand” costs coming out will be much less.

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