Lennar's Industry Value Chain
Lennar’s industry value chain, as a homebuilder, extends from land developers to the consumers purchasing houses. Land developers purchase undeveloped land from other land developers or the government and develop that land into parcels or lots that are ready to be sold to homebuilders. The value addition in this first stage mainly includes the costs and expenses of clearing vegetation and any other natural or manmade objects that would get in the way of a strong foundation on which to build a home. Once the parcels are purchased by home builders, construction, whether residential, commercial, or retail spaces, is ready to commence. Construction can be done in-house by the homebuilders, or homebuilders can outsource the construction to a construction