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Building a house - self-contract?

Posted on 5/15/15 at 5:52 pm
Posted by buford4LSU
Thibodaux, LA
Member since Jan 2008
2269 posts
Posted on 5/15/15 at 5:52 pm
Considering self-contracting my house? Who here has done it? How stressful or smooth was the process? Plans are 3600 living and 5500 total. All our bids are $50-60K over our budget.
This post was edited on 5/15/15 at 7:46 pm
Posted by WPBTiger
Parts Unknown
Member since Nov 2011
31049 posts
Posted on 5/15/15 at 5:53 pm to
When you get bids, do no tell them the subdivision you are building in. Some contractors think it costs them more if you live in a nice subdivision.
Posted by tom
Baton Rouge
Member since Jun 2007
8156 posts
Posted on 5/15/15 at 5:54 pm to
You know how all of your bids are over? Well that's also what will happen when you are contracting out work.
Posted by djangochained
Gardere
Member since Jul 2013
19054 posts
Posted on 5/15/15 at 5:59 pm to
Get used to being over budget. Raise your budget
Posted by buford4LSU
Thibodaux, LA
Member since Jan 2008
2269 posts
Posted on 5/15/15 at 6:00 pm to
the bids are local contractors. they have been $50K or 60K over. Sure we could start back at square one and draw new smaller house, but we love the plans we have now. Guess i want to know whats the time commitment and fustration involved?
This post was edited on 5/15/15 at 6:02 pm
Posted by VetteGuy
Member since Feb 2008
28182 posts
Posted on 5/15/15 at 6:02 pm to
Do not self-contract.

It is a huge PITA and very stressful, especially for the size house you are building.
Posted by CQQ
Member since Feb 2006
17048 posts
Posted on 5/15/15 at 6:03 pm to
You obviously can't afford it
Posted by NoSaint
Member since Jun 2011
11282 posts
Posted on 5/15/15 at 6:09 pm to
The answer to not being able to afford your house isn't make the situation worse by diving in on your own for the first time.
Posted by Who Me
Ascension
Member since Aug 2011
7090 posts
Posted on 5/15/15 at 6:10 pm to
Contracting it yourself is certainly doable. I did it with very limited experience in the industry and it it's not that complicated. Having said that there is certainly more risk in doing it yourself and it's not for everyone.

I had a very flexible work schedule which allowed me to be on site a lot during the construction. I also had some friends with experience and knowledge in construction whom I leaned on for advice.

If your bids are coming in that much over budget you need to go back to the drawing board and come up with another plan or wait and save some more money.
This post was edited on 5/15/15 at 6:12 pm
Posted by aaronb023
TeamBunt CEO
Member since Feb 2005
11774 posts
Posted on 5/15/15 at 6:15 pm to
What does it come out to $/square foot? It might be reasonable and your expectations are off

Eta: it shouldn't be too stressful. Just don't expect to get it done in 4 months. You'll only be stressed if you are doing some of the work yourself or trying to meet an unreasonable schedule
This post was edited on 5/15/15 at 6:18 pm
Posted by BoostAddict
Member since Jun 2007
2987 posts
Posted on 5/15/15 at 6:43 pm to
I self contracted and did a bunch of work myself. Wasn't bad at all (but I know how to build shite).

I think the toughest thing was coordinating having the materials on site when the contractor needs them and just lining up subs in general.
Posted by reginaphilange
Member since Mar 2014
415 posts
Posted on 5/15/15 at 6:58 pm to
Self-contracting is quite do-able if you have the time and patience. If you work 9-5 and have kids with activities in the evening, it may not be the best option for you. Typically when using a contractor, you can expect a bid between approx. $100-$125 a square foot depending on what you want. When subbing it out these days, prepare yourself for around $80-$100 a square foot, again depending on what you want.

Lastly, I know you didn't come here for a lecture, but this is the OT and you're going to get one anyway. Maybe you can't afford a 3,400 sq foot house?! There's nothing wrong with that. Unless you have 5 or more kids, that seems excessive anyway. I assume your budget is around $300k based on the info you provided, which you'll probably go over even if you do sub-contract for that much house. I personally would either sit down and take a hard look at my floor plans and see if I can trim a few things down, or be prepared to do a nice chunk of work on your own while subbing the rest out.
Posted by buford4LSU
Thibodaux, LA
Member since Jan 2008
2269 posts
Posted on 5/15/15 at 7:10 pm to
Bids are coming in at 110 per sqt foot for total sq foot which are $550K-575K. Our budget is $475K-500K max. I can afford more, but don't won't. Figure I could sub out and save 10-15%.
Posted by SetTheMood
The Red Stick
Member since Jul 2012
3182 posts
Posted on 5/15/15 at 7:27 pm to
Did you get any rough estimates prior to having your plans drawn? We're about to build our second home and it definitely helps to have a ballpark PPSQF that you know will get focer amenities you want and then go into the design phase. It would suck to design a dream home ony to find out you can't afford it?
This post was edited on 5/15/15 at 7:31 pm
Posted by Who Me
Ascension
Member since Aug 2011
7090 posts
Posted on 5/15/15 at 7:27 pm to

quote:

Bids are coming in at 110 per sqt foot for total sq foot which are $550K-575K. Our budget is $475K-500K max. I can afford more, but don't won't. Figure I could sub out and save


Dude if you are spending that kind of money just hire a general contractor.
Posted by AndyCBR
Baton Rouge, LA
Member since Nov 2012
7547 posts
Posted on 5/15/15 at 7:33 pm to
This has been discussed at length before so do a search and you will find some more helpful tips.

You can self contract but finding reliable subs can be difficult. The contractors already have relationships with good (or good enough) subs and know who to use and who not to use.

Expect it to take much longer than you figure and 50% of the working days there will be nobody onsite. Waiting for subs will eat up a lot of time.

Unless you can stop by the job daily or twice daily it can be very difficult to keep tabs on who has come and gone and have any type of quality control.

That's another thing. If you get a sub who does some substandard work it can be very difficult to get them to come back and fix it, especially if they have been paid already.

Posted by aaronb023
TeamBunt CEO
Member since Feb 2005
11774 posts
Posted on 5/15/15 at 7:35 pm to
That's $161.76/SF living. Does that include land? That's way high unless you have really really nice finishes.

Eta: I guess it also matters where you are living. I'm assuming LA?

<---@cox.net
I don't mind looking and seeing what's out of whack
This post was edited on 5/15/15 at 7:40 pm
Posted by yellowfin
Coastal Bar
Member since May 2006
97643 posts
Posted on 5/15/15 at 7:36 pm to
That seems high

Eta: especially for Thibodeaux
This post was edited on 5/15/15 at 7:37 pm
Posted by VetteGuy
Member since Feb 2008
28182 posts
Posted on 5/15/15 at 7:39 pm to
When's the last time you built a house?

Posted by yellowfin
Coastal Bar
Member since May 2006
97643 posts
Posted on 5/15/15 at 7:44 pm to
I'm getting bids for mine right now
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