[D.R Horton]

How much money does the average homebuilder make a year?

Say he does 10 homes (3-6k sf) range.

Thanks.

Please, Serious Answers Only.

 

[JustaFramer]

You claim to be DR horton? Come on now. You know they are a publicly traded company like Centex Homes right.

 

[PipeGuy]

How much money does the average homebuilder make a year?

DR Horton

Company Type Public (NYSE: DHI)
2004 Sales (mil.) $10,840.8
1-Year Sales Growth 24.2%
2004 Net Income (mil.) $975.1
1-Year Net Income Growth 55.8%
2004 Employees 7,466
1-Year Employee Growth 17.6%

With numbers like that, wouldn't you pretty much already have a handle on this question?

 

[D.R Horton]

I dont want to be D.R horton, they are to big.

I want to be a builder but only want to do 5-10 homes a year.

BTW- I am not D.R Horton, i just chose this name.

 

[bergenbldr]

I dont want to be D.R horton, they are to big.

I want to be a builder but only want to do 5-10 homes a year.

BTW- I am not D.R Horton, i just chose this name.

 

[Glasshousebltr]

I think it depends on the builder Horton, However the old school rule of thumb is "the third ones clear". Build 2 get one free.

Bob

 

[ProWallGuy]

I dont want to be D.R horton, they are to big.

I want to be a builder but only want to do 5-10 homes a year.

BTW- I am not D.R Horton, i just chose this name.

Kinda like me signing into a guitar forum under the name

TED NUGENT
Motor City Madman

people would probably wonder whats up.

Serious answers only eh?

 

[Glasshousebltr]

Another point: 5 t0 10 homes a year will keep a lot of fellas pretty dam busy, not including misc subs. That makes a pretty good living for a guy who 'wants' to be a builder.

Bob

 

[shopdust]

How much money does the average homebuilder make a year?

Say he does 10 homes (3-6k sf) range.

Thanks.

Please, Serious Answers Only.

Too many variables to give a correct answer.
Tract style: $150,000 absolute minimum.
Spec homes: (assuming investors= $500,000 and contractor also has investment)
Custom=$400,000 plus massive ulcer, all these numbers would be net to contractor, after paying for project managers and the additional help they would need.

 

[Teetorbilt]

Average here is about30-35%.
I do better. Just a fact.

 

[Cole]

Average here is 28-35%.

If you offer design/build it can be as high as 45%.

 

[F. Lloyd Wright]

It depends greatly upon your business model and how effective you are at marketing. Naturally, having a recognizable name can help slightly.

Frank

 

[bergenbldr]

It depends greatly upon your business model and how effective you are at marketing. Naturally, having a recognizable name can help slightly.

Frank

Frank, were you frozen or cloned. :cheesygri :cheesygri :cheesygri :cheesygri :cheesygri

 

[sawdusted]

anyone seen Einstein?????

 

[Lindberg baby]

I know someone who works for a builder in the south and they build nice stuff in the 250 and up range for 12.5 %. They do 10-12 a year.

 

[Cole]

12.5% are you serious?

Im sorry but what a moron.

 

[Floorwizard]

I will have to agree. Sounds like 350,000 tops a year for them.

With that kind of stress, I would expect 500,000 bare minimum.

 

[mdshunk]

I'm not sure how long it would take a startup to start doing 10-12 homes a year, but that seriously humping it. Along with the electrical contracting business, I build 2 specs a year and that's almost too crazy.

By the way, you can start calling me George Westinghouse.

 

[shopdust]

15% would be liviable in Oregon. We have the 5th highest unemployment rate, and anyone with about $1500 for fees, bonds, and G. L. ins. can hang a shingle. There are no skill or background requirements. The vast majority of contractors have one or two trades (i.e. me: Cabinets and millwork & design) and branch into the "general builder" as the opportunity arises. (Now if we could get Teetor to send us a hurricane)

 

[bergenbldr]

Are we talking about percentage earned on sale of lot+home or home only. Also are we buying developed lots or subdividing/developing our own lots. Seems to me the large national builders are realy land developers too.