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New Construction Costs in New Orleans
Posted on 4/3/22 at 3:04 pm
Posted on 4/3/22 at 3:04 pm
We’re looking to build in Lakeview.
Cost of our home just went from $750k- to over 1 million.
We own the lot free and clear. Really not interested in putting out another 250k.
Our builder is a good guy. We saw his builds and had great feedback from past clients. I have not shopped our plans but I’m considering it now.
Could things settle within the next 6 months - year?
Cost of our home just went from $750k- to over 1 million.
We own the lot free and clear. Really not interested in putting out another 250k.
Our builder is a good guy. We saw his builds and had great feedback from past clients. I have not shopped our plans but I’m considering it now.
Could things settle within the next 6 months - year?
This post was edited on 4/3/22 at 3:13 pm
Posted on 4/3/22 at 3:24 pm to hey benji
Did he say specifically what is causing him to have to tack on an extra 33% I’d definitely shop
It around. There’s a lot of great builders in/around Lakeview
It around. There’s a lot of great builders in/around Lakeview
Posted on 4/3/22 at 7:07 pm to hey benji
We are self contracting. The cost of using a builder right now is adding 20-30% costs to already expensive builds. Depending on your job I would highly consider this. We are building in Lafayette however so looking to get around $150 per Sqft by self contracting.
Posted on 4/3/22 at 10:44 pm to hey benji
Obviously prices are elevated from the supply side but I also think there is so much construction work in the city that GCs are charging top dollar. Finding someone to oversee the build may be the best option, but it probably won’t be built very quickly.
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