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How Much Cheaper Would A Home Be If The Owner Built It Themselves?
Posted on 4/17/19 at 11:38 am
Posted on 4/17/19 at 11:38 am
If someone decides to build their own home, how much would they save?
When I say build, I mean literally. They will do all the labor themselves (they might have friends or family help them from time to time, but they will not pay them).
The only thing they will pay for is having the foundation poured.
This is assumed they have their permits, land surveyed, etc.
Maybe I should ask it this way. How much does it cost to build a $250k?
When I say build, I mean literally. They will do all the labor themselves (they might have friends or family help them from time to time, but they will not pay them).
The only thing they will pay for is having the foundation poured.
This is assumed they have their permits, land surveyed, etc.
Maybe I should ask it this way. How much does it cost to build a $250k?
This post was edited on 4/17/19 at 3:53 pm
Posted on 4/17/19 at 11:39 am to OweO
see the thread from last week about the schmuck that was trying to build his with no clue as to what he was doing
Posted on 4/17/19 at 11:40 am to OweO
If you know what you’re doing, nominally sure it will. Is your time worth more than a builders or plumbers helper though?
Posted on 4/17/19 at 11:46 am to OweO
quote:You mean value my work at zero?
In other words, they have $0 labor cost.
You're not very bright.
Posted on 4/17/19 at 11:48 am to OweO
quote:
they have $0 labor cost.
do you even have a high school diploma? This is basic shite that you still can’t seem to understand
Posted on 4/17/19 at 11:49 am to OweO
first you have to buy the land you’re building it on
Posted on 4/17/19 at 11:50 am to OweO
You have the most random threads
This post was edited on 4/17/19 at 11:51 am
Posted on 4/17/19 at 11:50 am to OweO
quote:Right. Now about that opportunity cost...
They do all of the electrical, mechanical, plumbing... everything. In other words, they have $0 labor cost.
Posted on 4/17/19 at 11:50 am to jimbeam
My dad built their house in the 80s when he got laid off from the oilfield. My mom went to work and he built the house pretty much by himself. Except for the roof. Probably worth 275k today
Posted on 4/17/19 at 11:50 am to jimbeam
a good ramp will cost ya about 350
Posted on 4/17/19 at 11:52 am to OweO
quote:
Let's say
Why would we say any of that....
Posted on 4/17/19 at 11:53 am to OweO
quote:
someone decides to build the average size home by themselves.
There is no such thing. This is like asking someone how much a car cost. There is a huge price difference between a Mercedes and a KIA. But they both have leather, nav and premium wheels.
It probably would not be. Unless you know all the residential codes, you are asking for trouble by doing the work yourself. Hiring someone to fix all your frick-ups gets expensive real quick.
Posted on 4/17/19 at 11:54 am to OweO
I see what you're asking, and it will shock you how much less you'd pay by not contracting it.
Or maybe not. Depends on your brain and personality and how you cope with new and exciting information.
You will save, approximately, respectable amounts.
Precisely? Hell if I know.
Or maybe not. Depends on your brain and personality and how you cope with new and exciting information.
You will save, approximately, respectable amounts.
Precisely? Hell if I know.
Posted on 4/17/19 at 11:57 am to 4WHLN
quote:This is a lesson that most people do not learn until it's too late.
Hiring someone to fix all your frick-ups gets expensive real quick.
Posted on 4/17/19 at 11:58 am to Bigbee Hills
google raw material cost for average size home
Posted on 4/17/19 at 11:59 am to OweO
quote:X 350 = Eleventy Thousands
say $250k
Posted on 4/17/19 at 12:01 pm to OweO
OP isn't interesting, so I'll ask a question I would find more interesting:
What percentage of the cost of the structure of a house is materials and what percentage is labor?
I say structure because it will obviously take things off kilter if you include land, depending on whether you are building in Bumblefrick or Big Sexy City.
What percentage of the cost of the structure of a house is materials and what percentage is labor?
I say structure because it will obviously take things off kilter if you include land, depending on whether you are building in Bumblefrick or Big Sexy City.
Posted on 4/17/19 at 12:02 pm to OweO
quote:
build the average size home
quote:
$0 labor cost
Posted on 4/17/19 at 12:05 pm to 777Tiger
quote:
see the thread from last week about the schmuck that was trying to build his with no clue as to what he was doing
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