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re: Estimate on Custom Construction

Posted on 3/25/15 at 10:13 am to
Posted by blades8088
Covington
Member since Nov 2008
4202 posts
Posted on 3/25/15 at 10:13 am to
Thanks for the help. I would be super happy to be able to build for $115 sq/ft. Im assuming the company that built this house either still have the plans or can re draw them.

We love the layout of the house and will probably be changing minor things.

I guess my main question was if we was going to be around our budget, instead of going to the builder first and given a number we could do absolutely nothing with. Basically to see how realistic we were being. The number in my head i would be hoping to do it for was 280. With all quality mid grade interior finishes.
Posted by Drury01
Lafayette
Member since Jan 2015
596 posts
Posted on 3/25/15 at 11:14 am to
A good builder can look at your house plans and give you a cost estimate for bare bones, middle and high end finishes, etc. No matter what the estimate is, you need to have a 10% or so reserve in mind to cover cost surprises (soil remediation may be needed, etc.) and your changing desire to upgrade selections once you actually start picking things out. A way to minimize some of the extras is to select most "allowance" items beforehand and resist the urge to upgrade.
Posted by BeerMoney
Baton Rouge
Member since Jul 2012
8437 posts
Posted on 3/25/15 at 4:04 pm to
Oh yeah they still have the plans. In fact they told me I wasted my money buying them since they would've been able to draw them based off of the online layout and elevation shots of the demo plan on the architects website.


You were hoping to build the 3500 sqft house in that link for $280,000? I'm no expert by far but I wouldn't think that'd be doable unless you were a contractor or related to a contractor. Obvious from the tone of the conversation that you're not. The finishings in it look very similar to my home.
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