[911Rob]

Wowsie!
That price is below cost.... way below. Hmmm?
$280K; the lot has to be worth $50K.
House for $230K and it's 3400 sqft.
That's $68/sqft.
With Granite, hardwood, etc. that'd be at least half price on the home construction; maybe more?

Keep in mind this developer is going to be your competition if you ever want to sell. He needs to sell another 40 homes there before any real appreciation kicks in. Buying in sub-divisions like this, that would be my main concern; re-sell value will take some time and the developer will set the values, not necessarily the market.

That being said, this sounds like a great buy and if it's what you want.... go for it.

I'd recommend changing your 'self talk' about your job security though; speak only of what you want. Good Luck Choc!