From: "Stephen R" 
Newsgroups: misc.consumers.house
Subject: Re: Who sets price for lot premiums?
Date: Sun, 01 Feb 2004 15:20:07 GMT

Judd Builders has a development in PA that has lot premiums listed.  If I
remember, they ranged anywhere from 5K to 15K.


"v"  wrote in message
news:401c1ed2.4478325@news.verizon.net...
> On Sat, 31 Jan 2004 14:18:26 GMT, someone wrote:
>
> >> I've been looking at new housing developments and one of the salesmen
> >> told me he was the one who decides what to charge for lot premiums.
> >>
> >>
> >What the heck is a lot premium?
> >
> I too once asked the same thing.  Not a term I hear in my area.  The
> lot costs what the lot costs (if you buy a lot).  The house & lot cost
> what they cost if you buy a house upon completion.
>
> I have been developing lots on and off for 20 years and never had
> anything I called a "lot premium".  What part of the country (assuming
> its US) do 'they' do this, and how does it work????
>
> Who the heck "sets" anything.  They can ask, you can offer, the two
> sides come to angreement or not.  What is "set"????
>
> -v.