Construction Cost

June 03, 09 Page 1
June 13, changes

Puma Ridge Land, development and construction costs.

The following costs are based on a McCall area property currently for sale June 2009.
                                                                                           Total*
LAND                                                                   Development costs
   110 acres at $12,200 per acre                                  $ 1,342,000
PROPERTY DEVELOPMENT
   75 home sites, lodge and exterior amenities.
   $29,000 per home site.                                             $ 2,175,000
RESIDENCES
   75 at $200,000 each                                                 $15,006,000
    1640sf at $122.00/sf
LODGE                                                                       $     560,000
MANAGEMENT                                                       $  2,481,000
                                                                   TOTAL     $21,564,000

$21,564,000 divided by 75 residences is $287,520 per unit
to the first few investor/owners

Actual costs will be determined by these investor/owners, depending on what amenities, location and type of construction they choose.

Once these decisions are made, the non-investor/owners will pay $16,000 to $22,000 more per residence, resulting in the return to the investor/owners

YEARLY EXPENSES
   Maintenance, utilities, taxes, snow removal etc...
                                                          $400 to $800 per month

Note: at present time, there are some bank owned, partially or fully developed properties that could be purchased for less than cost to develop.
* These costs include commissions, planning and zoning, engineering, surveying, etc...

COME TO THE SANCTUARY OF PUMA RIDGE RETREAT.

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