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You are thinking about building a home. You are told that for a particular area, the construction costs for the home should be about four times the cost of the land and the landscaping costs should be about one-third of the cost of the land. If your total budget is $250,000, calculate your budget for the land.

Answer :

land and land scaping with cost about 83k
250k-83k is 167k
sqdancefan
construction : land : landscaping = 4 : 1 : 1/3 = 12 : 3 : 1
Then the land cost is expected to be 3/(12+3+1) = 3/16 of the total cost.

3/16 * 250,000 = 46,875

Your budget for the land should be about $46,875.

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