- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message

When building a house
Posted on 4/11/23 at 2:00 pm
Posted on 4/11/23 at 2:00 pm
How much did you go over your allowances? Ferguson will be the death of me.
Posted on 4/11/23 at 2:04 pm to lsuson
I had a wrap around porch built and they underestimated it by 12k, so I can only imagine how much more you will have to spend on a home.
Posted on 4/11/23 at 2:08 pm to lsuson
Obscene amounts. My theory is if it’s a forever home and you are committed to that then roll with what you want. If it’s a 5 year house and you intend to upgrade then I’d spend more time on the analysis.
Posted on 4/11/23 at 2:08 pm to lsuson
quote:
How much did you go over your allowances?
Literally not a dime, because I actually built it myself.
Posted on 4/11/23 at 2:11 pm to MoarKilometers
quote:
Literally not a dime, because I actually built it myself.
loaded questions. loaded answers. jesus.
Posted on 4/11/23 at 2:11 pm to Taxman2010
quote:
I had a wrap around porch built and they underestimated it by 12k, so I can only imagine how much more you will have to spend on a home.
That would be my builder’s $12K mistake. Not my problem.
Posted on 4/11/23 at 2:12 pm to lsuson
Rule of thumb for most of you idiots when developing a budget.
Develop the budget then double it.
Develop the budget then double it.
Posted on 4/11/23 at 2:12 pm to lsuson
quote:
Ferguson
lol. frick that company.
Posted on 4/11/23 at 2:12 pm to lsuson
quote:
Ferguson will be the death of me.
Hands up, don't shoot.
Posted on 4/11/23 at 2:16 pm to TyOconner
quote:
forever home
Not sure if this is even a thing anymore with the current generation buying houses.
So many people are transient these days and not committed to one area long-term.
Posted on 4/11/23 at 2:16 pm to MoarKilometers
quote:
Literally not a dime, because I actually built it myself.
Slow down there, Roger's alter.
Did you do it by hand with the help of a DIY manual while attending school and working full-time?
Posted on 4/11/23 at 2:17 pm to MikeBRLA
quote:
That would be my builder’s $12K mistake. Not my problem.
No, you’d have half a porch.
Posted on 4/11/23 at 2:18 pm to lsuson
5%. I think 10% is pretty normal though
Posted on 4/11/23 at 2:18 pm to lsuson
Re-doing our kitchen...yeah, I''ll put the Ferguson's kids through college.
Posted on 4/11/23 at 2:21 pm to patnuh
quote:
No, you’d have half a porch.
Only if it was a cost plus build…otherwise, not my problem.
Posted on 4/11/23 at 2:23 pm to MoarKilometers
quote:
Literally not a dime, because I actually built it myself.
No you didnt
Posted on 4/11/23 at 2:23 pm to lsuson
quote:
How much did you go over your allowances? Ferguson will be the death of me.
The downfall of almost 100% of self built or self general contractor built homes. I can't count the number of people I have known who have built their own home or acted as the general on their own home who did not spend WAY more money than they planned. By a big margin.
I have watched friends, happily married, wind up divorced over the choice of cabinet hardware and plumbing fixtures. Never knew anyone who didn't have some serious marital discussions while building a house.
It looks good in the brochure. Seems like you get what you want and can save a little money in the process. It rarely turns out that way. I used to build 3-4 spec houses a year...never was a major source of income but was in the trades and knew folks. Have built 2 "forever" homes for us...never got caught up in the foolishness most people do when building a house...when you start saying things like "its only $50 more....." you are past the point of no return.
Posted on 4/11/23 at 2:25 pm to MikeBRLA
quote:
That would be my builder’s $12K mistake. Not my problem.
In most cases you'd wind up with about 60% of a porch and even more to get someone to finish it.
Posted on 4/11/23 at 2:26 pm to magicman534
quote:
5%. I think 10% is pretty normal though
I don’t think this is accurate any longer.
I’m doing a home reno and everything is coming out more expensive than we thought. We’re a good 30-40% over budget (granted a lot of that was correcting uncovered issues). We’d still be well over 10% above budget even without the repairs.
I’ve two friends who are doing new builds and for months, we’ve all found solace in our own overages by knowing it’s affecting everyone…unless you’re able to do it yourself.
Posted on 4/11/23 at 2:31 pm to TyOconner
This is a forever. I put a lot down and still have a $300,000 mortgage
Popular
Back to top
