It’s just under 200K a house which seems pretty reasonable for mobilizing construction crews, materials, and potentially infrastructure for 117 homes.
If you’re gonna build me a quality home for $11,450 (22,900,000/2000) with electric/plumbing/sewage/natural gas/internet service I’d be happy to buy some off you!
Don’t know where you got the idea that houses are super low cost things, but I’d do my best to immediately buy any newly built home for 200K. That’s like the cost of a permanent parking spot in some Ontario cities.