Overbuilt Housing: Criteria for Success
AbstractFifteen to 21% of new single-family homes are built by the owner. Yet little is known about the factors that contribute to the success or failure of these projects. This study utilized a survey of ownerbuilders in Knox County, Tennessee to examine this question. The results indicate that skill with tools, contributions of friends and relatives, and prior experience in building houses were important factors. Ownerbuilders made substantial wealth gains and were able to achieve ownership of larger and better quality homes.
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Bibliographic InfoArticle provided by American Real Estate Society in its journal Journal of Real Estate Research.
Volume (Year): 3 (1988)
Issue (Month): 1 ()
Contact details of provider:
Postal: American Real Estate Society Clemson University School of Business & Behavioral Science Department of Finance 401 Sirrine Hall Clemson, SC 29634-1323
Web page: http://www.aresnet.org/
Postal: Diane Quarles American Real Estate Society Manager of Member Services Clemson University Box 341323 Clemson, SC 29634-1323
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