Ground-Up Construction in Edmond

About $3,100 of connection, permit and inspection charges on a 2,600 square foot house, before any plat, engineering or park dedication cost. Edmond's Building and Safety fee schedule prices a water meter install at $450, a water capacity fee at $1,106, and a sewer capacity fee at $1,027, plus a $90 base electrical fee and a $100 200-amp meter base, $105 for admin and plan review, and $0.06 per square foot of building inspection. Those are flat figures from a printed schedule, not an area-dependent calculator, so you can underwrite the connection carry before you buy the lot. The schedule carries no printed effective date, so confirm the current numbers before closing.

We don't know, and neither should you assume otherwise. Edmond's Building and Safety schedule publishes flat water, sewer and electric connection charges, unlike Oklahoma City's area-dependent streets and parks impact-fee calculator. Whether Edmond separately levies a traffic, parks or drainage impact fee outside that schedule has not been confirmed, so budget for the possibility and check with the city's permit center before you finalize your pro forma.

Production and regional builders are already running multiple subdivisions at once. The city's January 2026 permit register shows Lennar Corporation building at Covell Ranch 2, Taber Built Homes at Woodland Park 6, McCaleb Homes at Bison Ridge and Plaza at Town Square 2, and Executive Homes LLC at Stone Hill at Iron Horse Ranch 2, plus Authentic Custom Homes, Beacon 5 Homes and Crabtree Custom Homes on other lots, at permit valuations from $190,000 to $650,000. That's absorption evidence for a spec build, and it's also competition for trades and finished lots. A full-year permit count for Edmond has not been published, so treat this as a single month's snapshot, not an annual trend.

Yes, and the plat is the step to watch, not the permit counter. Edmond's own permitting page states no turnaround commitment for any review type, but the structural pattern is that a preliminary plat or site plan runs a longer review cycle here than a by-right action like a lot split or a specific use permit. East of I-35, the city's adopted East Edmond 2050 Plan is explicitly preservation-weighted toward open space and Cross Timbers forest and farmland protection, a real entitlement headwind on a dense-plat pro forma in that corridor. Size your construction-loan term around the plat, not the framing calendar.

The city, for the core connection. Edmond owns its electric utility and bills electric, water, sewer, solid waste and stormwater on one municipal bill, so a new lot's utility connection is a city transaction rather than a negotiation with a separate private provider. Whether a fringe lot with an Edmond mailing address is actually served by Edmond Electric or by OG&E has not been confirmed, so verify the serving utility before you budget the connection on a lot near the city's edge.

It costs three times the permit total. Edmond's fee schedule charges construction started without a permit at three times the standard permit fee, and a re-review after the first submittal runs $0.06 per square foot with a $50 minimum, so a design that keeps getting kicked back adds real cost on top of the delay. A demolition permit runs $125, but that fee is waived if new construction starts on the same site within 30 days, worth sequencing your teardown and rebuild around.

We fund new construction up to 70% of value and up to 85% of total cost (land plus build), in most states, on loans up to $5M. Experienced builders reach the higher end of leverage. We finance both the lot and the vertical construction within those caps.

Yes. Lot acquisition is funded as part of your loan-to-cost. If you already own the lot, that equity can serve as your down payment, which often lets us fund most or all of the build cost.

Construction funds are released in draws as milestones are completed and verified, not handed over at closing. You submit your budget and scope of work up front, complete a phase, request a draw, and we release that portion after inspection. You pay interest on funds as they are drawn.

Our construction pricing starts around 10%, interest-only, on terms of 12 to 24 months. Market ground-up rates generally run 9% to 12% with 1 to 3 points. Your pricing and leverage depend on your build experience and the strength of the project.

We consider builders at all levels, though a track record helps your leverage and rate. A first-time builder should expect to bring a strong general contractor, a detailed budget, and typically a larger equity contribution. A well-documented project goes a long way.

The lot cost or current value, your construction budget and scope of work, the projected after-built value, and your build experience. With those we can size the loan against both cost and completed value and send you terms.