Fee build for investors
Fee build homes: we build the house, you keep the profit
A fee build gives you the pricing and plan library of a production homebuilder without building the organization behind it. No payroll, no superintendents, no trade base to manage. Choose a plan, build on a Red Cedar lot or your own, and lock the vertical price at signing. Red Cedar Homes builds the house. You own the lot, the home and the profit.
Three ways to fee build
Pick the structure that fits the deal. The plans and the build are the same in all three.
A Red Cedar lot
We assign a Red Cedar lot to you. You close on the lot and own it, we build on it, and you keep the profit.
Your own lot
Build on a lot you own or are buying. Site work and foundation are estimated for that lot and billed at actual cost. You keep the profit.
A joint venture
You bring the land. We get the construction loan and sign for it, build the home, and sell it. We split the profit.
See Build + Capital
How a fee build is priced
Three lines. Two are estimates billed at actual cost. One is fixed at signing.
Line 1: Site work and foundation
An estimate, billed at actual cost.
Line 2: Soft costs
An estimate, billed at actual cost.
Line 3: Guaranteed Vertical Price
Fixed at signing. Includes Level 2 interiors, the one-year limited warranty and builder's risk insurance.
Land is separate. Lines 1 and 2 true up to actual cost within 30 days of the certificate of occupancy.
Plans and Level 2 vertical pricing
Every plan carries a Guaranteed Vertical Price with Level 2 interiors, fixed when you sign. Add your lot, site work and foundation, and you can model your basis before you break ground.
Current Level 2 pricing appears when the page loads.
| Plan | Product | Bed/Bath | Heated SF | Stories | Garage |
|---|---|---|---|---|---|
| ProductSingle Family | Bed/Bath4 / 3 | Heated SF2,771 | Stories2 | Garage2-car | |
Plans still locked: 10. Each opens with its Level 2 price when you get the Plan Book. | |||||
Interior levels
One level applies to the whole home. Level 2 is standard and is the price shown. Levels 1 and 3 are priced in the Plan Book.
Level 1
A credit of one level step on the Guaranteed Vertical Price.
The level sets
- Countertops
- Kitchen backsplash tile
- Shower floor and wall tile
- Bathroom floor tile
- LVP flooring
- Carpet
- Plumbing fixtures
- Cabinets
- Interior trim
Level 2
StandardIncluded in every Guaranteed Vertical Price.
The level sets
- Countertops
- Kitchen backsplash tile
- Shower floor and wall tile
- Bathroom floor tile
- LVP flooring
- Carpet
- Plumbing fixtures
- Cabinets
- Interior trim
Level 3
An upgrade of one level step on the Guaranteed Vertical Price.
The level sets
- Countertops
- Kitchen backsplash tile
- Shower floor and wall tile
- Bathroom floor tile
- LVP flooring
- Carpet
- Plumbing fixtures
- Cabinets
- Interior trim
One interior level applies to the whole home.
Standard on every plan: oak stair treads, a satin nickel light fixture finish and a chrome plumbing finish.
Specific products are confirmed at your design appointment. The level step for each plan is in the Plan Book.
Your roadmap from lot to build queue
The same six steps for every fee build, from a released lot to a home in the build queue.
- Lot released
- Your Deal Sheet
- Your review
- Documents
- Deposits
- In the build queue
Included and not included
In the Guaranteed Vertical Price
- Level 2 interiors
- One-year limited warranty
- Builder's risk insurance
Not in the Guaranteed Vertical Price
- Site work and foundation, estimated under Line 1 and billed at actual cost
- Soft costs, estimated under Line 2 and billed at actual cost
- Land purchase price
- Utilities
Available as change orders
- Lighting finish
- Door hardware
- Bath accessories
- Mirrors
- Shower door
- Plumbing finish
- Appliance packages
- Cabinet crown
When it is finished
Sell it with your agent or ours, lease it through Red Cedar, or hold it. Your home, your exit.
Model this deal
Use your own lot price and sale price. See cost, cash needed, and profit before you call.
Open the calculatorBuild + Capital
Want a partner on the build? Bring the lot. We get the construction loan and sign for it.
See Build + CapitalBuilding a larger set of homes, or a whole community? That is a program build. Talk to us
The fee build Plan Book
Get the Plan Book
The Plan Book carries every plan with its specifications and the full pricing by interior level. Tell us who you are and where you want to build, and the full Level 2 pricing table opens on this page.
- Every plan, with its specifications
- Level 1, Level 2 and Level 3 pricing for each plan
- The full Level 2 pricing table, opened on this page
Red Cedar Homes, LLC builds; EverWell Builders, LLC manages the project. Not an offer to sell any security.