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Started By
Message
What's the average % a builder chargers for a house?
Posted on 1/7/14 at 9:11 pm
Posted on 1/7/14 at 9:11 pm
???
12
Posted on 1/7/14 at 9:13 pm to tigertown80
1
Posted on 1/7/14 at 9:14 pm to tigertown80
custom house? 25
Posted on 1/7/14 at 9:16 pm to tigertown80
10-25% depending on who is carrying the interest and land.
Posted on 1/7/14 at 9:16 pm to tigertown80
20 to 25% is about right
Posted on 1/7/14 at 9:18 pm to GeauxTigersLee
quote:
10-25% depending on who is carrying the interest and land.
And more than that if building for assholes or know it alls I.E. Engineers.
Posted on 1/8/14 at 6:29 am to stout
quote:
And more than that if building for assholes or know it alls I.E. Engineers.
well if they would actually look at the plans and put the right outlets on the correct wall, I wouldnt have to double check their work everyday. Oh and just frame random windows. smh
Posted on 1/8/14 at 6:38 am to tigertown80
Our builder charged 10%
Posted on 1/8/14 at 7:20 am to theBeard
I'm sure your builder loves working with you.
I know a builder who does strictly cost plus 10-15% contracts but they are mostly spec homes that get sold within the last month of construction so no changes are made. If he does a custom he will generally add another 5-10% depending on the size of the home and the people involved.
I know a builder who does strictly cost plus 10-15% contracts but they are mostly spec homes that get sold within the last month of construction so no changes are made. If he does a custom he will generally add another 5-10% depending on the size of the home and the people involved.
Posted on 1/8/14 at 7:26 am to tigertown80
20-25%
Posted on 1/8/14 at 7:39 am to Clark W Griswold
quote:
I know a builder who does strictly cost plus 10-15%
FYI he is getting a kick back from the subs he brings onto the jobs. No one is making it getting 10-15% on spec houses when you factor in the overhead of just owning a license.
Posted on 1/8/14 at 7:53 am to tigertown80
quote:
tigertown80
i charge 10% of appraised value.
are you currently looking for a builder?
Posted on 1/8/14 at 7:57 am to mack the knife
quote:
i charge 10% of appraised value.
Does that include land value or just the 10% above cost of the build itself?
Posted on 1/8/14 at 8:08 am to munchman
quote:
Does that include land value or just the 10% above cost of the build itself?
10% of appraised value includes the lot. not to sound like a smart-arse, but appraisals include lot value.
Posted on 1/8/14 at 8:11 am to munchman
I have a builder overseeing the whole project in which I am the legal contractor. I pay him a set fee before the house is started in monthly installments which came in at less than 10% of the whole project, I pay the subs directly and he encourages me to find the best prices possible. Ideal situation on a 100% custom house.
Posted on 1/8/14 at 8:11 am to theBeard
quote:
well if they would actually look at the plans a
no shite. and hire at least one translator. my dad just built a house and it took three extra weeks because the mexicans didnt understand what my dad was saying (even though they said si si si).
Posted on 1/8/14 at 8:13 am to saderade
quote:
I have a builder overseeing the whole project in which I am the legal contractor. I pay him a set fee before the house is started in monthly installments which came in at less than 10% of the whole project, I pay the subs directly and he encourages me to find the best prices possible. Ideal situation on a 100% custom house.
that's another option i didn't mention. HOWEVER, some unlicensed builders do this.
Posted on 1/8/14 at 8:51 am to mack the knife
quote:
10% of appraised value includes the lot. not to sound like a smart-arse, but appraisals include lot value.
My reason for the question is what do you do if you are building for a guy who has, 2000 acres, how do you calculate the land value or as you say it, the value of the lot?
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