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re: Home Building: Cost per square foot

Posted on 10/11/18 at 4:34 pm to
Posted by Tyga Woods
South Central Jupiter Island, FL
Member since Sep 2016
30054 posts
Posted on 10/11/18 at 4:34 pm to
quote:

Anyone considering building a home that is going to cost $175 ft without land- please give me your contact info.

You can come look at mine and I’ll build it for $150 with similar finishes.


quote:

Similar finishes


Again, there are levels to “upscale”. I don’t want to come off as pretentious but i prefer imported natural stone, heated floors, and sub zero appliances. You couldn’t build what I built for $150/ft.
This post was edited on 10/11/18 at 4:36 pm
Posted by ItNeverRains
37069
Member since Oct 2007
25438 posts
Posted on 10/11/18 at 4:34 pm to
quote:

Anyone considering building a home that is going to cost $175 ft without land- please give me your contact info. You can come look at mine and I’ll build it for $150 with similar finishes.


thats what everyone says until they start bidding out our specs and our market subcontractors and start shaking their heads. Not saying you may not be abe to turn a little profit, but you won't make nearly what you think you will make.

Wait until you go to pull permits and get hit with 30k in impact fees before you can even move dirt
This post was edited on 10/11/18 at 5:25 pm
Posted by ItNeverRains
37069
Member since Oct 2007
25438 posts
Posted on 10/11/18 at 4:45 pm to
quote:

Again, there are levels to “upscale”. I don’t want to come off as pretentious but i prefer imported natural stone, heated floors, and sub zero appliances. You couldn’t build what I built for $150/ft.


Yeah thats our market. We don't even spec granite anymore, everyone wants Quartz. We don't use anything but aluminum clad casements on all 4 sides, all zip system sheating, cement board soffits, 6" gutters. We give 3 ceiling treatment (coffered, vaulted, trey, t&g, combo of those) with 8" baseboards and 8' solid core doors up and down. Do a 7" crown down 5.25" up with stone mantle.

The rest of our materials pretty much follow suit, all sand & finish, our tile package averages out around 10/ft2 w/o labor/grout. We typically use kitchenaid in our price points under a million, Thermador or Wolf/SubZero above.
Posted by Tyga Woods
South Central Jupiter Island, FL
Member since Sep 2016
30054 posts
Posted on 10/11/18 at 5:00 pm to
Yeah, as low as interest rates have been, more and more people have been building some real high-end homes. They might be in foreclosure in a few years, but there are a lot of them

$200-300/ft houses aren’t the white rhino that some in this thread are making them out to be. Can you have a great house for much less? Absolutely. But you can get to $200 really quick
This post was edited on 10/11/18 at 5:01 pm
Posted by achenator
Member since Oct 2014
2944 posts
Posted on 10/11/18 at 5:04 pm to
quote:

Yeah, as low as interest rates have been, more and more people have been building some real high-end homes. They might be in foreclosure in a few years, but there are a lot of them

$200-300/ft houses aren’t the white rhino that some in this thread are making them out to be. Can you have a great house for much less? Absolutely. But you can get to $200 really quick

Every new spec house in TCC, Sanctuary or River Club is $250 a foot and they are nice but not stupid nice.
Posted by slackster
Houston
Member since Mar 2009
84777 posts
Posted on 10/11/18 at 5:08 pm to
quote:

For some maybe. I though it was high based off what it costs for my 4 previous homes. Material has gone up!




Did you calculate $115/sf on living or total square footage?

ETA - I see your answer.
This post was edited on 10/11/18 at 5:10 pm
Posted by ItNeverRains
37069
Member since Oct 2007
25438 posts
Posted on 10/11/18 at 5:10 pm to
quote:

Yeah, as low as interest rates have been, more and more people have been building some real high-end homes. They might be in foreclosure in a few years, but there are a lot of them $200-300/ft houses aren’t the white rhino that some in this thread are making them out to be. Can you have a great house for much less? Absolutely. But you can get to $200 really quick


Trust me, initially my wife picked out a backsplash that was $51/ft2. Told her she must be crazy, settled on one for $6
Posted by slackster
Houston
Member since Mar 2009
84777 posts
Posted on 10/11/18 at 5:12 pm to
quote:

I don’t want to come off as pretentious but i prefer imported natural stone, heated floors, and sub zero appliances


Posted by Wes Tweegan
Westwego, LA United States
Member since Oct 2015
69 posts
Posted on 10/11/18 at 5:27 pm to
Price per sf is a nice metric after construction is finished...but is pretty worthless as a pricing tool. There are simply too many variables in the construction process. House size is perhaps the greatest variable. If you go all out, and build a $100K kitchen in a 2500 sf house, your price per sf will be astronomical. Spend that same $100K in a 4500 sf house, and the price per sf doesn't look nearly as rediculous. Also, there needs to be some recognition of sf living vs total sf. Bedrooms and Living Rooms with 8'doors, 9' ceilings, 10" crown molding, 8" baseboards, hardwood flooring, and tray ceilings cost a hell of a lot more to construct than the attached garage, and screened-in patio. My point is this. For anyone saying "I can build you a house for a $150/sf, take it with a grain of salt. The best pricing (most accurate pricing) is obtained with 2 or 3 estimates from a full set of plans and specs. Anything less is a guess at best.
Posted by ItNeverRains
37069
Member since Oct 2007
25438 posts
Posted on 10/11/18 at 5:30 pm to
quote:

Price per sf is a nice metric after construction is finished...but is pretty worthless as a pricing tool. There are simply too many variables in the construction process. House size is perhaps the greatest variable. If you go all out, and build a $100K kitchen in a 2500 sf house, your price per sf will be astronomical. Spend that same $100K in a 4500 sf house, and the price per sf doesn't look nearly as rediculous. Also, there needs to be some recognition of sf living vs total sf. Bedrooms and Living Rooms with 8'doors, 9' ceilings, 10" crown molding, 8" baseboards, hardwood flooring, and tray ceilings cost a hell of a lot more to construct than the attached garage, and screened-in patio. My point is this. For anyone saying "I can build you a house for a $150/sf, take it with a grain of salt. The best pricing (most accurate pricing) is obtained with 2 or 3 estimates from a full set of plans and specs. Anything less is a guess at best.


Have an upvote
Posted by jjgeaux
BR Metro
Member since Oct 2018
74 posts
Posted on 10/11/18 at 5:45 pm to
I built recently. I had the land just like you. I paid about 184/sq ft, land not included in this price. Nice pool, 3600 living, with all nice amenities. If you build in EBR or Ascen you should plan for this area. If you want less amenities then it'll drop. I have all the top issues you talked about. It's really up to you how much money you want to spend. It'll be hard to say no to all the nice things I promise. Get someone who has a comparable type house and get a contractor to tell you what it'll cost you.
Posted by Coon
La 56 Southbound
Member since Feb 2005
18492 posts
Posted on 10/11/18 at 6:13 pm to
Here’s one for all you guru’s...

We had a very experienced local draftsman draw our preliminary plans. We went in with a list of things and a request to keep it at around 2500/4500. We got the plans back and they’re 2900/4800. He included a 4th BR and a computer room, neither of which we asked for or needed (he included them to make the floor plan work, etc...). If we figured out how to cut those, we’s get down to around 2600.

He said that’s fine and we can try to cut those out but unless we’re cutting things like kitchens and baths, we won’t save a lot of money cutting misc living square feet.

Thoughts on this theory?
This post was edited on 10/11/18 at 6:14 pm
Posted by Lugnut
Wesson
Member since Nov 2016
1441 posts
Posted on 10/11/18 at 6:16 pm to
I’m about to build a house and I own my own land. Prices I’m getting are running around 150 sq/ft. And this is nothing fancy. Concrete floors and no crown molding. Lumber is up about 40% so get ready.
Posted by Tyga Woods
South Central Jupiter Island, FL
Member since Sep 2016
30054 posts
Posted on 10/11/18 at 6:22 pm to
quote:

unless we’re cutting things like kitchens and baths, we won’t save a lot of money cutting misc living square feet.


He’s right. I mean, of course you’ll save some money. I think if the cost isn’t that much more then go ahead and do it. Cheaper than adding on later
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 10/11/18 at 6:25 pm to
quote:

You can tell who has never built a house. At 175/ft for a 2000 living house would be $350,000 without land.... No way.


Two houses being built by me are costing over $200SQft without land, maybe what is considered upscale is different where you are.
Posted by AUsteriskPride
Albuquerque, NM
Member since Feb 2011
18385 posts
Posted on 10/11/18 at 7:33 pm to
$130-160 per sq/ft
Posted by halleburton
Member since Dec 2009
1519 posts
Posted on 10/11/18 at 7:34 pm to
Whatd you pay for the brick and labor? If you're at almost 5k sf under roof aint no way you did that without going dirt cheap interior, or did you build it yourself?
Posted by halleburton
Member since Dec 2009
1519 posts
Posted on 10/11/18 at 7:47 pm to
He's absolutely right.

Picture a 4000 SF house that cost 800k to build, which was a 5 bedroom, 4 bath house, with a pool.

If you knock 400SF off of that house, keeping the beds/baths the same, just eliminating 'space', the price aint coming down 10%. You still have the same number of bathrooms, pool, and a kitchen. Adding living space is cheap, since floors sheetrock and paint don't cost a lot.

On the other hand, adding an outdoor kitchen can easily throw in $20-50k in cost to the EXACT same floorplan, depending on fixtures, appliances, fireplace, etc.
Posted by SST
Red Stick
Member since Jul 2007
129 posts
Posted on 10/11/18 at 7:50 pm to
I’m looking at building off diversion canal.
Any recs on builders that aren’t too crazy expensive?
I own the land. I have plans already.

Thanks!!!
Posted by CLane33
Member since Sep 2016
474 posts
Posted on 10/11/18 at 8:01 pm to
Built in Ascension for around $150/sqft. I hear $10-15 less in LP, $10-15 more in BR for the same type of house we built.
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