A similar house in a development would probably have cost $220,000, he said.
Six months ago, they said, the house would have cost at least $80,000, and interest rates were higher.
The same house two years ago, when rates were 10.5 percent, would have cost $628 a month to carry.
The house, which has some 3,500 square feet of space, cost them about $700,000.
At that rate, the houses will cost the company $13.5 million.
The house costs $600 for two nights throughout the season.
He estimated that the house cost him about $630,000, including the price of the original building.
Five years ago, the same house would have cost about $250,000, brokers said.
In Providence, the same house would cost at least $400,000.
Buying a house is a very important decision because houses cost a lot of money.