Are you saying that the percentages are bigger on larger developments or
just the total returns?
Percentages can be bigger, especially if you do the work yourself.
For a simple example, you build an extension bigger in volume, you
don't have the
equivalent increase in wall area.
And there is more scope for making the place look luxurious but with a
judicious mix of posh and cheap.
Also, it's like doing several smaller houses at the same time, but less
effort.
However, things can conspire to make what I've just said utterly wrong
!
Simon.