Investing in ground-up residential construction for-sale in infill locations in the US can provide investors with a unique opportunity to build new and more desirable housing products that are architecturally appealing compared to the old housing stock. Here are five compelling reasons why:
High Demand in Infill Locations
Infill locations are highly sought after because they offer convenient access to urban amenities, public transportation, and employment centers. As such, the demand for new and modern residential properties in these areas tends to be high, making ground-up residential construction for-sale a lucrative opportunity for investors.
Potential for Strong Appreciation
Ground-up residential construction for-sale projects in infill locations often attract buyers who are willing to pay a premium for new, modern homes in desirable neighborhoods. This can result in strong appreciation potential for investors, as the value of the property may increase significantly over time.
Ability to Customize Design and Features
With ground-up residential construction for-sale projects, investors have the ability to customize the design and features of the property to meet the needs of the local market. This can help ensure that the property is competitive and attractive to potential buyers, increasing the likelihood of a successful sale.
Building More Desirable Housing Products
Investing in ground-up residential construction for-sale projects provides the opportunity to build new and architecturally appealing housing products that can help meet the needs of the local market. This can help ensure that the property stands out from the old housing stock, attracting more potential buyers and increasing the likelihood of a successful sale.
Strong IRR and Investment Return Potential
Investing in ground-up residential construction for-sale projects in infill locations can provide a strong internal rate of return (IRR) and investment return potential. With careful planning and execution, investors can achieve attractive returns on their investments over the long term.
Overall, investing in ground-up residential construction for-sale in infill locations in the US can offer investors several compelling benefits, including high demand, strong appreciation potential, the ability to customize design and features, building new and more desirable housing products, and strong IRR and investment return potential. Working with a trusted partner like Som Real Estate can help investors navigate the complexities of ground-up construction projects and ensure that they are positioned for success.