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Price Sq/ft to build new home

Posted on 4/3/16 at 4:11 pm
Posted by TigerEye2
Prairieville
Member since Aug 2011
308 posts
Posted on 4/3/16 at 4:11 pm
I know there are multiple threads on this topic but does $125 sq/ft to build 2200 Living area excluding lot sound reasonable? What could you expect for typical finishes?
Posted by stout
Porte du Lafitte
Member since Sep 2006
179315 posts
Posted on 4/3/16 at 7:47 pm to
Whoa...slow down on posting all of the details on location, finishes, etc so we can help you. You damn near filled up a whole sentence with the info!
Posted by TigerEye2
Prairieville
Member since Aug 2011
308 posts
Posted on 4/3/16 at 8:38 pm to
Northshore/Covington area rural lot. Looking to evaluate build vs buy. Typical Acadian home.
Posted by Franktowntiger7
Ponchatoula
Member since Dec 2010
2726 posts
Posted on 4/3/16 at 9:44 pm to
No. My company builds 2271sqft living for $84 sqft with a front and back porch, 2 car garage, granite in kitchen and baths, stainless appliances and double crown molding.
Posted by aa445544
Member since Mar 2016
8 posts
Posted on 4/3/16 at 10:31 pm to
Amazing cost.
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 4/4/16 at 5:23 am to
quote:

No. My company builds 2271sqft living for $84 sqft with a front and back porch, 2 car garage, granite in kitchen and baths, stainless appliances and double crown molding.


Sounds good, few questions at this price point.

This price include all tap fees?
How many elevations?
How many brick choices?
How many mortar choices?
exterior soffit/fascia material?
non exterior brick material?
2x4 or 2x6 studs?
Radiant barrier on roof/walls?
batt/spray insulation?
30 year arch 3d shingles?
vinyl/wood comp/clad windows? single or dbl hung? low e?
laminate/engineered/sand&finish hardwoods? Carpeted bdrm?
tile allowance?
soft close drawers/cabinets?
solid core/hollow core doors?
cat 5/6 smart panel included?
tankless or std h2o heater?
2cm or 3cm granite? how many choices in base pkg
lighting allowance?
Bath fixture allowance/base faucets/tub/sinks/access?
HVAC manufacturer tonnage/seer?
landscape allowance in that cost to build?
change orders cost plus ?%

This is a good start to help dial folks in.



Posted by TigerEye2
Prairieville
Member since Aug 2011
308 posts
Posted on 4/4/16 at 6:58 am to
quote:

Sounds good, few questions at this price point.


I would be interested in this as well. Of all the threads I don't think anyone has specifically referenced the type of finishes you could expect at $85 sq/ft vs $125 sq/ft for example. The list above would greatly help clarify. Excellent reply thanks.
This post was edited on 4/4/16 at 7:13 am
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
53509 posts
Posted on 4/4/16 at 7:12 am to
quote:

No. My company builds 2271sqft living for $84 sqft with a front and back porch, 2 car garage, granite in kitchen and baths, stainless appliances and double crown molding.


But I'm willing to bet that doesn't include tap fees or well/septic, or driveway? Or am I wrong?
Posted by jmh5724
Member since Jan 2012
2657 posts
Posted on 4/4/16 at 8:16 am to
I'm currently building in St James Parish right now and will be around $125 living, $72 total area. It's a custom home and his allowances have been pretty lenient. Triple crown in kitchen and living room, crown in the rest of the house with tall basebords. Quartz countertops(went over budget there by a smidge), custom shower, custom cabinets. Not sure what lighting budgets average but the salesman at Notoco said it was better than they normally see. He was the best bid we got by a good $20k. I think he keeps his labor cost way down using his own crews instead of subbing out framers, roofers, ect...He speaks spanish so that probably helps.

I'm 2300 living and 4000 total
This post was edited on 4/4/16 at 1:17 pm
Posted by Major Dutch Schaefer
Location: Classified
Member since Nov 2011
38146 posts
Posted on 4/4/16 at 10:04 am to
Posted by man117
Los Angeles
Member since Jul 2009
679 posts
Posted on 4/4/16 at 10:08 am to
(no message)
This post was edited on 6/25/17 at 7:35 pm
Posted by tankyank13
NOLA
Member since Nov 2012
8182 posts
Posted on 4/4/16 at 10:11 am to
Is your builders name Raymond by chance?
Posted by jmh5724
Member since Jan 2012
2657 posts
Posted on 4/4/16 at 10:49 am to
No his name is Marrian
Posted by thibtigerfan
Thibodaux
Member since Aug 2006
2460 posts
Posted on 4/4/16 at 11:59 am to
I am looking at building in Houma/Thib area and have gotten bids from $155 sq/ft living to $75 sq/ft total. I want to see the diff in materials though.
Posted by RidiculousHype
The Hatch
Member since Sep 2007
10734 posts
Posted on 4/4/16 at 12:33 pm to
quote:

2200 Living area excluding lot


You should be closer to $110/sq ft
Posted by Croacka
Denham Springs
Member since Dec 2008
61451 posts
Posted on 4/4/16 at 1:28 pm to
I've spoken to quote a few custom builders in the EBR/LP area in the past few months and I've heard everything from 105/ft to 140/ft excluding lot.

Based on where I'm building and comps, I have to stay closer to the bottom end to have any equity at all.

About to go out for more exact bids next week.
Posted by FratAU
Alabama
Member since Mar 2015
140 posts
Posted on 4/4/16 at 10:09 pm to
110-130 is the price psft in my area for a custom built home that size with nice details
Posted by Chad504boy
4 posts
Member since Feb 2005
175971 posts
Posted on 4/5/16 at 9:32 am to
quote:

vs $125 sq/ft


whoever gave you this number, i doubt is giving you 125 sq/ft value. who is this and quit talking to them.
Posted by TigerEye2
Prairieville
Member since Aug 2011
308 posts
Posted on 4/5/16 at 1:18 pm to
What is typical builders flat fee percentages? Is this amount considered as part of the $/Sq.ft calculations?
Posted by Odinson
Asgard
Member since Apr 2014
2858 posts
Posted on 4/5/16 at 3:12 pm to
Depends on how greedy your builder is and what type of relationship you have with him. I prefer lump sum.


There is no exact calculation b/c there are so many variables. You just have to get prelim plans and sit down with builders to discuss and go from there. I recently bought a lot and am working on my plans. Heck, where I'm building, just the landscaping quotes ranged 10k difference depending on who you speak to.


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