Developers tend to focus on the type of housing that maximizes profits, and a recent trend to build luxury homes has faded a bit in favor moderate-income properties. As a result, the average new home has dropped from 2,500 square feet to 2,320.
An analysis of 50K home inspections finds "doors need adjusting" tops the list (estimated repair cost $254), though no top-10 defect costs more than $545 to repair. The most common expensive defect? Bad window seals ($1,008 to fix) in 20.8% of homes.
It's easy to say, "I want to sell 50 homes," but few people have only one goal, and a laser-focus on one impacts others. While "setting goals" sounds like the easy part of a total business plan, many people don't do it correctly.