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New construction house advice

Posted on 4/29/23 at 4:06 pm
Posted by MidSwerve32
Member since Aug 2019
63 posts
Posted on 4/29/23 at 4:06 pm
Im looking into trying to build a house on some family land. I know it’s a bad time based on interest rates and construction costs but I honestly don’t see it getting any better.

Current house is just too small and we see that our quality of neighbors is deteriorating due to most of the houses becoming rent houses.

Any advice would be greatly appreciated. I’m currently thinking we would need around 1,800-2,000 sq ft to be happy. Again, this is family land so this would be a forever home.

Any advice on reputable GC’s, types of houses, finishings, or otherwise would help me wrap my head around it a little more.

LP area.
This post was edited on 4/29/23 at 4:52 pm
Posted by HarryCallahan
Member since Sep 2015
145 posts
Posted on 4/29/23 at 4:11 pm to
Location?
Posted by MidSwerve32
Member since Aug 2019
63 posts
Posted on 4/29/23 at 4:32 pm to
Livingston Parish
Posted by HarryCallahan
Member since Sep 2015
145 posts
Posted on 4/29/23 at 4:37 pm to
Gallman Construction out of Walker. Danny Gallman is a great contractor. One of the better ones around. Will build your home in 3-5 months weather depending.
Posted by KTShoe
Baton Rouge
Member since Dec 2020
476 posts
Posted on 4/29/23 at 6:22 pm to
(no message)
Posted by gumbo2176
Member since May 2018
15016 posts
Posted on 4/29/23 at 7:27 pm to
No advice on a contractor, but if it were me, I'd get the best quality finishes I could afford since it will only cost more to upgrade in the future.

And if this is going to be your forever home, do it as right as your pocket can handle.
Posted by keakar
Member since Jan 2017
29886 posts
Posted on 4/29/23 at 7:53 pm to
quote:

I know it’s a bad time based on interest rates and construction costs


construction materials are as cheap as they were before the hurricane. if construction costs are higher, it them getting greedy, not the materials costs
Posted by bayoutiger225
Member since Nov 2009
466 posts
Posted on 4/29/23 at 8:22 pm to
We started our build in October of 22. We essentially built our house for $191/SQFT.
That includes the cost of our lot.

If you take out the cost of our lot we built our house for $145/SQFT. You can build a fantastic house for that price for square foot. We have thermador/sub zero appliances, quartzite, real hard wood floors and even old real cypress ceilings for our dining room and our office. Indoor antique brick pavers and brick arches.

We contracted everything out ourselves to save the money as this was our forever home too. I recommend compound construction and design. Jeigh is the owner and has a ton of experience with "Custom" homes.

Posted by hey benji
new orleans
Member since Sep 2013
395 posts
Posted on 4/29/23 at 8:30 pm to
Is anyone in New Orleans building quality homes at 145sqft or close to it?
Posted by bayoutiger225
Member since Nov 2009
466 posts
Posted on 4/29/23 at 8:47 pm to
I'd say probably not. Im sure there are different codes for that area. My house is in the Lafayette area.

We did a post tension slab, and have painted brick on most of the exterior and then some jut outs for the master bathroom is antique brick that we will leave unpainted.
Posted by MidSwerve32
Member since Aug 2019
63 posts
Posted on 4/29/23 at 9:54 pm to
I’m fairly crafty and grew up in construction so I’m tempted to skimp on some finishes like flooring if it gets me to the floor plan and price point I want. I feel like I can upgrade a lot of things over the years if I get my floor plans right.

Am I seeing that wrong?
Posted by NoSaint
Member since Jun 2011
11266 posts
Posted on 4/29/23 at 10:15 pm to
I’d get floor plan right first then as much of the finishes as viable.
Posted by Tifway419
Member since Sep 2022
815 posts
Posted on 4/29/23 at 11:29 pm to
quote:

Danny Gallman is a great contractor.
quote:

Will build your home in 3-5 months

I don’t want anyone building my forever home in 3 months.

My advice would be to get exactly what you want if you can afford it. You don’t want to spend all this money on something you don’t like or will think “man, I wish we would have done x instead of x”.
Posted by Bill Parker?
Member since Jan 2013
4468 posts
Posted on 4/30/23 at 12:07 am to
If you're building on family land, go ahead and add a detached insulated heated and cooled shop with a bathroom. For yourself.
Posted by bayoutiger225
Member since Nov 2009
466 posts
Posted on 4/30/23 at 8:37 am to
I think it just depends on how comfortable you'd be with living in construction. If you have kids and then decide you want real hard wood floors are you willing to rip up the existing floor and live through that?

Is there a particular price point you have in mind?

Posted by pwejr88
Red Stick
Member since Apr 2007
36157 posts
Posted on 4/30/23 at 9:51 pm to
quote:

a bad time based on interest rates and construction costs


Not at local community banks.
Posted by lnomm34
Louisiana
Member since Oct 2009
12604 posts
Posted on 5/1/23 at 10:04 am to
quote:

Not at local community banks.



Are local community banks magically able to offer low rates?
Posted by CeauxPilot
Hammond, LA
Member since May 2020
187 posts
Posted on 5/1/23 at 10:23 am to
I mean EFCU has 4.45%…
Posted by Churchill
Member since Apr 2009
496 posts
Posted on 5/1/23 at 11:51 am to
Put a roof on it that you will always be able walk on with upper age.
Posted by Drunken Crawfish
Member since Apr 2017
3822 posts
Posted on 5/1/23 at 1:54 pm to
quote:

if construction costs are higher, it them getting greedy, not the materials costs


You act like labor isn't a huge part of the equation.
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