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re: New Construction Costs in New Orleans

Posted on 4/4/22 at 2:06 pm to
Posted by TigerVizz87
Member since Dec 2021
164 posts
Posted on 4/4/22 at 2:06 pm to
quote:

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.


If you have the patience to add an additional 6 months to your project self-contracting isn't a bad way to cut some costs. I think people who self-contract don't typically account for scheduling delays with subcontractors. There is a significant labor shortage for skilled crafts and they are loyal to their GCs who give them repeat business. You may have someone scheduled for a certain day, but if their GC calls with a problem on a job you will most likely get bumped.
Posted by bayoutiger225
Member since Nov 2009
468 posts
Posted on 4/4/22 at 8:10 pm to
We are planning on having the build take 12-18 months. Currently living at the in laws and we are very blessed to be able to do that. It’s a large home and we essentially have our own “wing” of the house.

I work from home and go to the lot every day so I’ll be able to stay on top of most things. My in laws have self contracted two homes and a camp so they have some great experience with what not to do and what to do.

I honestly wouldn’t be upset if the project took a bit longer as that allows us to pipe more money away and try and see if material costs drop.
Posted by akimoto
Thibodaux
Member since Jun 2010
581 posts
Posted on 4/4/22 at 11:29 pm to
quote:

There is a significant labor shortage for skilled crafts and they are loyal to their GCs who give them repeat business.


Not always true anymore. Our contractor is having a hard time getting his subs to come in and finish our house. There is still a bunch of hurricane repair work out there and subs are doing those because they pay more. People are willing to pay anything to get back into their homes.
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