When pricing land acquisition and development jobs, it's essential to break down the costs associated with each aspect of the project. Labor and materials will comprise the two main components, alongside your desired margin. Remember, land acquisition can represent anywhere from 20% to 50% of your total budget, depending on the specific requirements of the project and local market conditions.
For most jobs, expect to charge between $83,000 and $115,000, with the potential for costs to escalate up to $1 million based on the complexity and location of the project. Be sure to account for additional expenses such as permits, site preparation (ranging from $2,000 to $100,000 per acre), and utilities, which can add substantial amounts to your overall budget.
