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Building a custom home in BR
Posted on 6/2/17 at 5:29 pm
Posted on 6/2/17 at 5:29 pm
Is this a good time to build a custom home in BR? With interest rates being low but the price of lumber going up, I can't decide if I should buy a smaller home and sell it in 5 years or go ahead and start building. I have a .5 acre lot that's already paid off. I'm looking to spend around $100/sqft(if its even possible). Any advice would be great 
11
Posted on 6/2/17 at 5:56 pm to Newdude
I think you will be pinching pennies to get to $100 sf in BR
Posted on 6/2/17 at 6:05 pm to wickowick
Not doing it at $100 sqft IMO. $110 or so.
But, it's not a bad time to build. Just have to watch your subs, a lot of people swooping in from the flood still around.
But, it's not a bad time to build. Just have to watch your subs, a lot of people swooping in from the flood still around.
Posted on 6/2/17 at 6:08 pm to Newdude
I just built mine for 100 sq/ft. Contracted it out myself and did no work.
ETA: In Covington
ETA: In Covington
This post was edited on 6/2/17 at 6:11 pm
Posted on 6/2/17 at 6:29 pm to Newdude
100/ft won't get you too many "custom" things
Posted on 6/2/17 at 9:02 pm to Newdude
quote:
I'm looking to spend around $100/sqft(if its even possible)
You will only get close to this if you do the contracting and some work.
Even then it will be tough.
Posted on 6/2/17 at 9:58 pm to Newdude
Speaking from present experience, it's really crazy prices right now. BR is over priced for building. $100 per sq foot will not get you much unless you have skills and family to help do some of the work.
Posted on 6/3/17 at 9:19 am to wickowick
My brother just built in Madisonville at 2680 (3830 total) for $94 s/f. 4 bed, 4 bath.
Nice home, has quartz and granite counters, crown in almost every room. Wood or tile in all rooms. Large kitchen with Electrolux appliances and Wolfe range top.
He contracted out himself and the only work he did himself was all the built-ins for the mud room and living room.
A friend recently built in Slidell at $112 with a contractor. $112 didn't include the appliances. Very nice home.
Nice home, has quartz and granite counters, crown in almost every room. Wood or tile in all rooms. Large kitchen with Electrolux appliances and Wolfe range top.
He contracted out himself and the only work he did himself was all the built-ins for the mud room and living room.
A friend recently built in Slidell at $112 with a contractor. $112 didn't include the appliances. Very nice home.
This post was edited on 6/3/17 at 9:21 am
Posted on 6/3/17 at 10:09 am to Newdude
I won't be able to contract it out myself. I work too many hours to stay on top of subs. I figured $100/sqft would be a stretch. Any suggestions on a builder? I have a few in mind and have seen some of their work. There are so many to choose from
Posted on 6/3/17 at 12:18 pm to Newdude
Do you have plans yet? If not many builders have designers for plans
Posted on 6/3/17 at 3:06 pm to blades8088
quote:
Blades8088
I'm looking to do some remodeling and an addition, wouldn't mind getting some names of subs.
I'm in Mandeville.
This post was edited on 6/3/17 at 3:07 pm
Posted on 6/3/17 at 3:13 pm to LSUKTR
Shoot me an email. I will send you some pics of my house and help you. hbankston@bellsouth.net
This post was edited on 6/3/17 at 3:53 pm
Posted on 6/3/17 at 3:27 pm to Newdude
Square footprint, 6/12 roof, a lot of vinyl (siding, soffits, windows), and builder grade finishes and you can make it happen
Posted on 6/4/17 at 11:31 am to Newdude
So a spec house to your taste
Posted on 6/4/17 at 1:09 pm to Newdude
I built mine just over two years ago for about $115 a foot. Granite counters in kitchen and bathrooms, crown throughout the house, no carpet, 9' ceilings. It's a nice home, not extragavent but much better in quality than a typical spec home. Had I stuck to the original plan it would have been close to $108-$110. $100 would be pretty plain.
I recommend that people don't start building unless they can swing $115-120. I'm not saying it will cost that, but you have so many options building custom that you can end up there in a hurry. And trust me, you WILL see something that you have to have but it will cost more money.
I recommend that people don't start building unless they can swing $115-120. I'm not saying it will cost that, but you have so many options building custom that you can end up there in a hurry. And trust me, you WILL see something that you have to have but it will cost more money.
Posted on 6/4/17 at 4:11 pm to braindeadboxer
Builders can build a nice spec house for $85 a sq ft. Some of the cheaper ones for $70, still have granite, wood floors, crown. They can build a 2000sqft house with a $30,000 lot for 170 K and sell it for 200 to 220,000.
Posted on 6/4/17 at 5:03 pm to Rust Cohle
quote:
Builders can build a nice spec house for $85 a sq ft. Some of the cheaper ones for $70, still have granite, wood floors, crown. They can build a 2000sqft house with a $30,000 lot for 170 K and sell it for 200 to 220,000.
I get that. Those folks are paying for location. Plus for $115 I got a lot more in the way of higher end fixtures and solid wood beams over doors and in place of cased openings.
I paid for personalization and they pay for location/convenience
Posted on 6/5/17 at 8:41 pm to Rust Cohle
quote:
Builders can build a nice spec house for $85 a sq ft. Some of the cheaper ones for $70, still have granite, wood floors, crown. They can build a 2000sqft house with a $30,000 lot for 170 K and sell it for 200 to 220,000.
With the price of materials and labor, production builders might be able to do that on efficient floor plans but a custom home for $85/ft is a pipe dream.
Posted on 6/6/17 at 10:09 pm to ItNeverRains
When people say cost per SF, does that include land?
Posted on 6/6/17 at 11:31 pm to Coon
Not in my case bc I own the land. If I went to a development and wanted to buy a new house for $180sqft, it would include the land and the house but is based on per square foot of living area
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