COVID and the housing market

Damn. That builder was unusual. Normally the actual cost has almost nothing to do with the price of the substitution. I know one subdivision where standard kitchen cabinets cost builder ~$25K. If you wanted kitchen without cabinets, you got a $1k credit. If you wanted upgraded cabinets, it was easy to get a six figure bill for upgraded cabinets.
Way back when I was involved in That industry the smart money took all standard items and lived with them then had them redone in a few years. The pricing for upgrades was more than just getting the house finished and doing them on your own later.

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Way back when I was involved in That industry the smart money took all standard items and lived with them then had them redone in a few years. The pricing for upgrades was more than just getting the house finished and doing them on your own later.

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Smart buyers limit upgrades at purchase to things that are impossible to do later. Higher ceiling heights, deeper basement, etc.
 
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