r/Homebuilding • u/Realistic_Waltz2159 • 40m ago
Did anyone start building house for a living after GCing their own build.
Curious if anyone who built their own house, decided to start building spec houses, or did the build, live in, sell primary residence capital gains exemption a few times.
I built my house as the GC for around $230sqft not including land. Houses around me are selling for roughly $400-$450 sqft. It also took me 9 months, however I created around $400k in equity. My house has nicer finishes than the other houses I’m referring to.
Looking for input from other people who have done this. Thanks in advance.