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re: What’s the going rate to build a house these days?
Posted on 8/14/19 at 4:36 pm to SlidellCajun
Posted on 8/14/19 at 4:36 pm to SlidellCajun
Per square foot is just a flawed way of valuing homes.
If you are at all picky about finishes and the quality of the work, I think you should assume that the price/sq ft is going to be a lot higher than what houses are selling for in the area.
Everything is expensive these days. Every sub has trouble finding reliable workers, so has to pay a lot for people who will do quality work.
We did a whole home remodel a couple of years ago, and what I learned was that my expectations are higher than my pockets are deep.
What I’m trying to say is that if you don’t either have real connections to get stuff cheaply or know how to do lots of stuff yourself, then you should expect to take a beating, and you should not ask for anything you don’t really need.
If you are at all picky about finishes and the quality of the work, I think you should assume that the price/sq ft is going to be a lot higher than what houses are selling for in the area.
Everything is expensive these days. Every sub has trouble finding reliable workers, so has to pay a lot for people who will do quality work.
We did a whole home remodel a couple of years ago, and what I learned was that my expectations are higher than my pockets are deep.
What I’m trying to say is that if you don’t either have real connections to get stuff cheaply or know how to do lots of stuff yourself, then you should expect to take a beating, and you should not ask for anything you don’t really need.
2
Posted on 8/15/19 at 6:40 am to uway
The issue becomes about budgeting for the job. I need to have some sort of benchmark rate and then know what to expect from that rate.
ie
$120/sq foot= slab, 9’ ceiling, no customization, and bottom tier appliances and fixtures. No garage.
$140/sq foot= raised on slab, moderate customization, mid grade appliances and fixture, one car garage.
$175/ sq foot= raised on slab, all custom, upper tier appliances and fixtures, two car garage.
$200/sq foot= all the above and built in gym and garagmahol with built in beer taps
Or whatever...
Someone must know how this stuff plays out.
I want a house raised 12 feet, on a slab, with semi custom cabinetry and high end appliances. 10’ ceilings. Hardwood flooring. No elevator.
ie
$120/sq foot= slab, 9’ ceiling, no customization, and bottom tier appliances and fixtures. No garage.
$140/sq foot= raised on slab, moderate customization, mid grade appliances and fixture, one car garage.
$175/ sq foot= raised on slab, all custom, upper tier appliances and fixtures, two car garage.
$200/sq foot= all the above and built in gym and garagmahol with built in beer taps
Or whatever...
Someone must know how this stuff plays out.
I want a house raised 12 feet, on a slab, with semi custom cabinetry and high end appliances. 10’ ceilings. Hardwood flooring. No elevator.
This post was edited on 8/15/19 at 2:34 pm
Posted on 8/15/19 at 9:38 am to uway
quote:
Per square foot is just a flawed way of valuing homes
Its just the starting metric used by appraisers to determine how hard they will have to work to hit the number needed by lender to underwrite the loan.
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