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Started By
Message
The Highs and Lows of Developing Land (A Helpful Information Guide)
Posted on 9/29/14 at 10:40 pm
Posted on 9/29/14 at 10:40 pm
THIS WILL BE A LONG POST! SKIP AHEAD FOR CLIFFS.....
Save the OT bullshite for someone else...
BACKGROUND: I recently purchased a half acre in St. Amant, I have a purchase agreement on my home but the sellers will not close till December which is actually a good thing for me to allow for land developement.
I plan on purchasing a double wide and living on this land for approx 10 yrs. In the meantime I will stockpile money and purchase a larger piece of land on which I will build my dream home on.
Things I need:
-Land Elevation Shot- Flood zone is 8ft. Im hoping that my ground elevation is around 4ft.
-Pad and Driveway:
---I have already received a quote of $10,300 for this, but I want to get
other quotes.
The Quote went as follows: I need a pad of 85'x 37' that is 1 1/2' high
and a driveway that is approx 250' long. I was quoted $14 per yd of dirt
@ 325 yds for the pad and 200 yds for the driveway. I was quoted $750
a load for limestone @ 4 loads. This brought the total to $10,300. Does
this sound about right?
-Modad installed
-Water Well Dug:
I was watching a well being drilled the other day down the road and the
guy said that he had to drill to about 400' for good water. He said the price
was around $2,500. I didnt ask if that included the pump or not?
-Entergy Called and Power ran to property:
I called and was quoted $500 for a power pole from a Lumber shop.
-Cable ran
-I want a concrete pad poured for covered driveway and for a shop but those will probably wait until the beginning of the new year.
I plan on keeping this updated for the off chance that someone else is going through the same thing I am. Maybe it would be like an informational guide.
If anyone on the OB knows anyone that works on any of these please let me know so I can call for quotes. Or if anyone has any helpful advice please share with me.
TLDR Version:
Developing Land
Questions about Developing Land
Looking for people who do dirtwork, plumbing, well digging, concrete pouring, metal shop building.
Save the OT bullshite for someone else...
BACKGROUND: I recently purchased a half acre in St. Amant, I have a purchase agreement on my home but the sellers will not close till December which is actually a good thing for me to allow for land developement.
I plan on purchasing a double wide and living on this land for approx 10 yrs. In the meantime I will stockpile money and purchase a larger piece of land on which I will build my dream home on.
Things I need:
-Land Elevation Shot- Flood zone is 8ft. Im hoping that my ground elevation is around 4ft.
-Pad and Driveway:
---I have already received a quote of $10,300 for this, but I want to get
other quotes.
The Quote went as follows: I need a pad of 85'x 37' that is 1 1/2' high
and a driveway that is approx 250' long. I was quoted $14 per yd of dirt
@ 325 yds for the pad and 200 yds for the driveway. I was quoted $750
a load for limestone @ 4 loads. This brought the total to $10,300. Does
this sound about right?
-Modad installed
-Water Well Dug:
I was watching a well being drilled the other day down the road and the
guy said that he had to drill to about 400' for good water. He said the price
was around $2,500. I didnt ask if that included the pump or not?
-Entergy Called and Power ran to property:
I called and was quoted $500 for a power pole from a Lumber shop.
-Cable ran
-I want a concrete pad poured for covered driveway and for a shop but those will probably wait until the beginning of the new year.
I plan on keeping this updated for the off chance that someone else is going through the same thing I am. Maybe it would be like an informational guide.
If anyone on the OB knows anyone that works on any of these please let me know so I can call for quotes. Or if anyone has any helpful advice please share with me.
TLDR Version:
Developing Land
Questions about Developing Land
Looking for people who do dirtwork, plumbing, well digging, concrete pouring, metal shop building.
4
Posted on 9/29/14 at 10:43 pm to geauxcats10
A double-wide decade; helluva price to pay for that dream home.
Posted on 9/29/14 at 10:46 pm to geauxcats10
FWIW you aren't developing land. You are getting a lot ready to live on.
Developing land is putting some sort of development on it. Whether that is residential, multi family, commercial, or mixed use doesn't matter but just moving a double wide onto half an acre =/= developing land.
Developing land is putting some sort of development on it. Whether that is residential, multi family, commercial, or mixed use doesn't matter but just moving a double wide onto half an acre =/= developing land.
This post was edited on 9/30/14 at 7:35 am
Posted on 9/29/14 at 10:47 pm to stout
I understand... I just used developing for lack of a better word
Posted on 9/29/14 at 10:49 pm to geauxcats10
Gotcha
I have developed a few subdivisions so I was excited to read your thread when I saw the title because I have been through it all getting things off the ground.
I was a bit let down when I read the thread though
ETA: good luck
I have developed a few subdivisions so I was excited to read your thread when I saw the title because I have been through it all getting things off the ground.
I was a bit let down when I read the thread though
ETA: good luck
This post was edited on 9/29/14 at 10:50 pm
Posted on 9/29/14 at 10:51 pm to stout
quote:
stout
How are things on that side of the state?
Posted on 9/29/14 at 10:52 pm to bryso
Same shite.
Never changes. You know that.
Never changes. You know that.
Posted on 9/29/14 at 10:52 pm to stout
Yeah I just built the house I live in 3 yrs ago but I hate neighborhoods. Soo a little sacrifice now I'll be on my own back 40 in the future.
Posted on 9/29/14 at 10:53 pm to stout
How much would it cost to throw up a little basic 1,300 square foot ranch house in that location?
Just some bare bones that makes it a decade.
Just some bare bones that makes it a decade.
This post was edited on 9/29/14 at 10:54 pm
Posted on 9/29/14 at 10:55 pm to stout
You're probably right about that. Imagine things are aggressive over there....
Posted on 9/29/14 at 10:55 pm to The Third Leg
quote:
How much would it cost to throw up a little basic 1,300 square foot ranch house in that location? Just some bare bones that makes it a decade.
I'm not the kinda guy that worries about a trailer... I lived in a hunting camp trailer the first year of my marriage till we had enough money to build our house.
Posted on 9/29/14 at 10:55 pm to The Third Leg
I could do it for about the same as a new doublewide depending but that's my cost and getting it in by December would be close.
Posted on 9/29/14 at 10:58 pm to geauxcats10
Just so you know, in ten years it will be hard to find someone that has the money down to get financing on that double wide when you go to sell. I hated showing them when I was a Realtor.
Posted on 9/29/14 at 10:59 pm to stout
I plan on keeping it in the family as a camp or renting it out as rental property
It will be paid off by that time
It will be paid off by that time
This post was edited on 9/29/14 at 11:00 pm
Posted on 9/29/14 at 10:59 pm to stout
What about a modular home? Those are dirt cheap, no? I think you're underestimating the decade in a trailer here, OP. That's a long time.
I'd rather slum it for three months if necessary -- waiting for a place to be built that I can live in for a decade -- and pay a little more, but to each his own.
I'd rather slum it for three months if necessary -- waiting for a place to be built that I can live in for a decade -- and pay a little more, but to each his own.
This post was edited on 9/29/14 at 11:01 pm
Posted on 9/29/14 at 11:00 pm to geauxcats10
quote:
or renting it out as rental property
That or do a bond for deed if you do want to sell it.
Posted on 9/29/14 at 11:03 pm to The Third Leg
quote:
What about a modular home? Those are dirt cheap, no? I think you're underestimating the decade in a trailer here. That's a long time.
I'd rather slum it for three months if necessary -- waiting for a place to be built that I can live in for a decade -- and pay a little more, but to each his own.
I appreciate the advice, but I'm not really worried about it. I'm just a good ole country boy. Yeah I live in a super nice house now and that's all it is to me. Just nice. I could live in a tent and as long as I have the things that make me happy I don't care about the rest.
Thanks for the advice though
This post was edited on 9/29/14 at 11:06 pm
Posted on 9/29/14 at 11:08 pm to geauxcats10
Doublewides aren't as bad as people make them out to be.
It's too bad you don't have the 40 purchased already though because you could build a shop and put a home in it while you build your main house. My brother did it in a 50x80 building he built. He has a 1300 sq ft home in it while he builds his main house that he will use as a game room when he's done with it.
It's too bad you don't have the 40 purchased already though because you could build a shop and put a home in it while you build your main house. My brother did it in a 50x80 building he built. He has a 1300 sq ft home in it while he builds his main house that he will use as a game room when he's done with it.
Posted on 9/29/14 at 11:08 pm to geauxcats10
Like I said: to each his own. Silver lining is that you'll accumulate less shite that you'll have to throw away.
Posted on 9/29/14 at 11:09 pm to stout
quote:
Posted by stout
Do you know any dirt work guys? Are those prices I posted pretty general across the board?
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