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re: Questions about building a house and costs

Posted on 7/24/14 at 2:37 pm to
Posted by DevilDogTiger
RTWFY!
Member since Nov 2007
6364 posts
Posted on 7/24/14 at 2:37 pm to
quote:

Since its an area I am not from, I do not know many people.


:yougonnagetrapedgif:
Pay the ten percent to a GC unless you know exactly what you're doing.
Posted by pdubya76
Sw Ms
Member since Mar 2012
5976 posts
Posted on 7/24/14 at 2:38 pm to
Yep... We went with hickory tongue and groove in our living room from netterville lumber. We did custom iron work on the banisters and the balcony. I spent more than you would on a spec house but I put a lot more into it for not a lot more money.
Posted by carlsoda
B Rah
Member since Dec 2009
5776 posts
Posted on 7/24/14 at 2:39 pm to
With interest rates as low as they are it is essentially free money. I would put cash in an investment and do a loan (with the tax write off on interest)on the house. Do what you want but that's what I would do
Posted by Who Me
Ascension
Member since Aug 2011
7090 posts
Posted on 7/24/14 at 2:41 pm to
quote:

Email me a list of prioritized amenities, elevation and floor plan of the style of house, description of lot, and length of drives.





I don't think he is anywhere near this far along in the process or has even thought about all that.
Posted by VetteGuy
Member since Feb 2008
28138 posts
Posted on 7/24/14 at 2:41 pm to
quote:

I will sub it out myself.


Tremendous mistake.
Posted by VetteGuy
Member since Feb 2008
28138 posts
Posted on 7/24/14 at 2:44 pm to
quote:

So you did all that work yourself and still paid $100 a sq. ft?


Exactly.

And that doesn't count the land or his labor.
Posted by crimsonsaint
Member since Nov 2009
37247 posts
Posted on 7/24/14 at 2:48 pm to
quote:

Anyone her have an idea of cost per sq. ft. For that area?


Do you want a Buick or a Ferrari?

quote:

I will sub it out myself.


You can definitely save money this way and you can also get royally fricked if you don't know what you're doing. If subs think they can get over on you they will.
Posted by Who Me
Ascension
Member since Aug 2011
7090 posts
Posted on 7/24/14 at 2:51 pm to
quote:

Tremendous mistake


It's not impossible or even that difficult for one to successfully sub out their house.

That doesn't mean everyone can do though. It really helps if you know someone with a lot of knowledge in the business that you can call for advice through the process.
Posted by VetteGuy
Member since Feb 2008
28138 posts
Posted on 7/24/14 at 2:52 pm to
quote:

You can definitely save money this way


Once you factor your time spent actually doing this, I think the savings are way less.

I got lucky and had the best subs around, but it was still a PITA. I wouldn't do it again.
Posted by T4
Member since Mar 2014
288 posts
Posted on 7/24/14 at 3:06 pm to
quote:

I got lucky and had the best subs around, but it was still a PITA. I wouldn't do it again.


That's why we are worth the 10%. He will learn the hard way. Delivering a high quality home is no easy task
Posted by Who Me
Ascension
Member since Aug 2011
7090 posts
Posted on 7/24/14 at 3:10 pm to
quote:

I got lucky and had the best subs around, but it was still a PITA. I wouldn't do it again.



What did you find so difficult if you had such good subs?
Posted by pdubya76
Sw Ms
Member since Mar 2012
5976 posts
Posted on 7/24/14 at 3:20 pm to
Like I said, I don't claim to have saved anything . We were just able to do more by spending an assload if sweat equity. You need to be prepared to spend the majority of your free time at the house. I started ours in April 2013 and moved in 2 days before thanksgiving . I work shift work in BR. There were many times that I got home off if nights and went straight to the house to meet a sub or just to made sure they showed up. That is one line of work that a lot of promises are made but not often kept . DO NOT give anybody anything upfront money wise. The only motivation they have is your money. I have a few good subs if you need them. I also have one or two that weren't worth a shite.
Posted by VetteGuy
Member since Feb 2008
28138 posts
Posted on 7/24/14 at 3:26 pm to
Time spent.

I had a guy I thought was going to be a construction supervisor, but he wasn't.
Posted by tysonslefthook
Near Baton Rouge
Member since Apr 2014
1218 posts
Posted on 7/24/14 at 3:30 pm to
Anywhere from $100 a foot on up. But $100 is about the minimum. I'm building one right now for about $125. That's including it being turn key.
Posted by Who Me
Ascension
Member since Aug 2011
7090 posts
Posted on 7/24/14 at 3:31 pm to
quote:

Time spent


Understood.

I would go on to say that I wouldn't recommend someone attempting to subcontract themselves if they have a regular Mon-Frid 9-5 type job.
Posted by Jack Daniel
In the bottle
Member since Feb 2013
25429 posts
Posted on 7/24/14 at 3:33 pm to
The more I talk and think about it I will probably get a GC. If I was building where I'm from, no doubt I would sub it out. I was just looking for dollars per sq. ft. from someone that may have experience in that area.
Posted by pdubya76
Sw Ms
Member since Mar 2012
5976 posts
Posted on 7/24/14 at 3:43 pm to
Get your plans first. We used a guy out if Hattiesburg...Residential design I think. A custom set isn't cheap but you can often find some he has and make some changes. Also, talk to several reputable gc's and get bids from each. Find one you can get along with when things aren't going right. Get everything in writing and ask about how he handles change orders .
Posted by VetteGuy
Member since Feb 2008
28138 posts
Posted on 7/24/14 at 3:44 pm to
I think I replied to you in the wrong thread.
Posted by Cashmoney99
Member since Jun 2014
261 posts
Posted on 7/24/14 at 3:56 pm to
80-90 sf if you do some stuff yourself
But probably 95-105
Posted by Houston Texas Tiger
Houston
Member since Jul 2004
1414 posts
Posted on 7/24/14 at 4:33 pm to
quote:

80-90 sf if you do some stuff yourself
But probably 95-105


agreed. I built my house a little over a year ago and it came out to about $80 a true sf but that was with no markups and I had access to trades at builders pricing. So I would think you are going to see around 90-100. To get anyone to build right now for builders pricing you are looking at $125 per sf minimum because of the inability to get competitive pricing from trades. Everyone is very busy.
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