New homes under $200,000?

BUILDER

Damon Doty and Steve Overton are trying to pull off a real estate miracle, selling homes below market price and still making a profit.

Their plan is to build two and three-bedroom homes for under $200,000 in Rochester, Minn., a place where homes are typically upwards $225,000. How? Simple, cutting development costs.

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November 2017
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