Pro forma for redeveloping single-family lots into townhouses or condos.
| Station Area: | Wellesley Hills | |||
| Current Density (hsg/acre): | 1.8 | |||
| Typical lot size (sq ft): | 24,506 | |||
| Structure type: | New SF | Townhouses | Condos | |
| Target density: | 1 per lot | 8/acre | 20/acre | |
| Number of hsg units | 1 | 5 | 11 | |
| Land | Land costs (existing lot) | $854,155 | $854,155 | $854,155 |
| Hard Costs | Site prep, materials, labor | $625,000 | $1,900,235 | $3,137,896 |
| Soft Costs | % of land + hard costs | 30% | 35% | 40% |
| Soft cost total | $443,747 | $964,036 | $1,596,820 | |
| Total project costs | $1,922,902 | $3,718,426 | $5,588,872 | |
| Cost per unit | $1,922,902 | $826,209 | $496,724 |
