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Joined: Nov 2010
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Freak of Nature
Freak of Nature
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Originally Posted by Rebelman
And $225/ft does not include a lot or site prep, hooking up utilities, or driveway, etc.



This. We bought a lot directly with a water view and no obstructions in a “high end” neighborhood a few months ago. The floor plans we have considered building a 2,400 sf home is at 225 to 245 and we own the lot. These same floor plans were a 100k less just seven months ago. That’s a 25% increase. These are cottage style houses on piling’s with board and batten exterior walls. Yet you can buy a house from a realtor turn key in this neighborhood cheaper than building your dream home on the lot you love.

When I built houses twenty years ago, my cost depending on the house but we’re brick and slab on grade ranged from 70 to 120 a square foot. It’s crazy right now.


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jb20 #3748689 09/18/22 10:15 AM
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Freak of Nature
Freak of Nature
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Originally Posted by jb20
Not sure but I was happy when I saw my insurance statement if coverage last week… it was lot more than before… I’d think I can get into a decent one for less than $100 if frugal and contract it out

Keep dreaming...


Dying ain't much of a living boy...Josey Wales

Molon Labe
Joined: Nov 2007
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PRB Offline
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Originally Posted by AU338MAG
Originally Posted by jb20
Not sure but I was happy when I saw my insurance statement if coverage last week… it was lot more than before… I’d think I can get into a decent one for less than $100 if frugal and contract it out

Keep dreaming...


Even with today’s costs, 110-115/ft isn’t out of the realm of possibility, if you do your homework, shop around, and are willing to sweat and sacrifice some long days and nights.

We started a build in February 2020, finished in March 2021.

3300 sq ft heated, 4400 under roof. 9’ ceilings, custom cabinets, wood floors, granite, tile in bathrooms, laundry and walk-in tile shower in master, covered sreened porch, 8x10 interior safe room, spray foam insulation, 400A service and natural gas Generac back up.

We owned the land.

I subbed out the framing, roofing, block/brick work, concrete, HVAC, spray foam, Sheetrock, laying of floors (bought raw wood and finished myself), tile work, cabinets, and exterior painting.

I did site prep and dug and poured the footer myself. Did all electrical, plumbing, interior doors, all interior trim, crown molding, finished wood floors, and did all of the interior painting.

We closed at $80/ft.




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IDOT #3748741 09/18/22 11:33 AM
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G
Booner
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In 2000 we had plans drawn up to build our dream home, and contractor bid. It was 65.00 a foot lock and key job, just shy of 3000’ for around 190,00. Wish 1000 times we Would have gone ahead and done it. Instead we bought a nice house across from my parents. Which has had its perks too.
200.00 a foot seems unattainable to me.


Everything woke turns to shucks
IDOT #3748771 09/18/22 12:14 PM
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Old Mossy Horns
Old Mossy Horns
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You notice everyone who is able to do it sub 150/ft is doing A LOT of work themselves. The other 95% of us are screwed. Happy for y’all tho!!

Last edited by bamaeyedoc; 09/18/22 12:15 PM.

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IDOT #3748804 09/18/22 01:05 PM
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D
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I can tell you a certain 2375 sq ft house was selling for 340k here in early 2020. That same floorplan in the same subdivision is now selling for 500k

PRB #3748817 09/18/22 01:24 PM
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Freak of Nature
Freak of Nature
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Originally Posted by PRB
Originally Posted by AU338MAG
Originally Posted by jb20
Not sure but I was happy when I saw my insurance statement if coverage last week… it was lot more than before… I’d think I can get into a decent one for less than $100 if frugal and contract it out

Keep dreaming...


Even with today’s costs, 110-115/ft isn’t out of the realm of possibility, if you do your homework, shop around, and are willing to sweat and sacrifice some long days and nights.

We started a build in February 2020, finished in March 2021.

3300 sq ft heated, 4400 under roof. 9’ ceilings, custom cabinets, wood floors, granite, tile in bathrooms, laundry and walk-in tile shower in master, covered sreened porch, 8x10 interior safe room, 400A service and natural gas Generac back up.

We owned the land.

I subbed out the framing, roofing, block/brick work, concrete, HVAC, Sheetrock, laying of floors (bought raw wood and finished myself), tile work, cabinets, and exterior painting.

I did site prep and dug and poured the footer myself. Did all electrical, plumbing, interior doors, all interior trim, crown molding, finished wood floors, and did all of the interior painting.

We closed at $80/ft.



The cost for an electric sub alone would add $20/SF.

Are you calculating your cost per SF on the heated SF or SF under roof?

Costs for other trades like HVAC, plumbing and others have risen at least 30% since you finished your home.

Any home builders I know are selling homes at $200+/SF. If you think you can build a home for 50% less than a professional, keep dreaming.


Dying ain't much of a living boy...Josey Wales

Molon Labe
IDOT #3748825 09/18/22 01:35 PM
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8 point
8 point
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Last quote I got in 2021 was $211 sq. ft.( I already own lot and was paying for house pad separately).
Ended up deciding on new construction for the same price I budgeted for build. Good area/ good schools so maybe will get some appreciation over the next two three years before we look at building again.
I kept the lot, hope to build there some day when we see what building prices settle at down the road.


WDE
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Freak of Nature
Freak of Nature
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Originally Posted by jwalker77
Originally Posted by RCHRR
How many people are going to be under water and upside down in these houses?

I have a customer who just built a big house. It cost him $700k+ to build. It appraised for $450k. He has the money and plans on dying in that house, so to him its not a big deal. However, theres alot of people in the same boat who will sell one day and lose a pile of money doing it. It just made absolutely no sense to me building a house with double or triple material prices, but they just kept right on going. I cant see how this could not get real ugly.


Was this a super , high end house out in a rural , county area? My father built a big , high end house way out in the country for a feller about 30 years ago. It sold about 5 years ago for less than it cost to build .



"Why do you ask"?

Too many people spend money they don't have , on things they don't need, to impress people they don't know.







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PRB Offline
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Originally Posted by AU338MAG
Originally Posted by PRB
Originally Posted by AU338MAG
Originally Posted by jb20
Not sure but I was happy when I saw my insurance statement if coverage last week… it was lot more than before… I’d think I can get into a decent one for less than $100 if frugal and contract it out

Keep dreaming...


Even with today’s costs, 110-115/ft isn’t out of the realm of possibility, if you do your homework, shop around, and are willing to sweat and sacrifice some long days and nights.

We started a build in February 2020, finished in March 2021.

3300 sq ft heated, 4400 under roof. 9’ ceilings, custom cabinets, wood floors, granite, tile in bathrooms, laundry and walk-in tile shower in master, covered sreened porch, 8x10 interior safe room, 400A service and natural gas Generac back up.

We owned the land.

I subbed out the framing, roofing, block/brick work, concrete, HVAC, Sheetrock, laying of floors (bought raw wood and finished myself), tile work, cabinets, and exterior painting.

I did site prep and dug and poured the footer myself. Did all electrical, plumbing, interior doors, all interior trim, crown molding, finished wood floors, and did all of the interior painting.

We closed at $80/ft.



The cost for an electric sub alone would add $20/SF.

Are you calculating your cost per SF on the heated SF or SF under roof?

Costs for other trades like HVAC, plumbing and others have risen at least 30% since you finished your home.

Any home builders I know are selling homes at $200+/SF. If you think you can build a home for 50% less than a professional, keep dreaming.


Cost is figured on heated sf.

Adding 40% to the cost of my build would have still put me at a around $110/ft.

I don’t have to think, or dream, anything. I built it, and know the exact numbers that went into it.


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IDOT #3748908 09/18/22 04:39 PM
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A
Old Mossy Horns
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Just because unicorns and red herrings exist, doesn’t mean that they’re relevant to conversations.

Q3/Q4 2022, plan on $200-225 per sqft.

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J
8 point
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Originally Posted by bamaeyedoc
You notice everyone who is able to do it sub 150/ft is doing A LOT of work themselves. The other 95% of us are screwed. Happy for y’all tho!!


And there’s a big difference in choice of products too. There’s a huge range of prices in appliances, brick, flooring, insulation…..depending on what a person wants, sure, you can cut costs. I personally don’t want a “custom” house with a closet light in my foyer. I don’t want a “custom” home with the cheapest HVAC I can find.

Things like on demand water heaters, spray foam insulation, quality wood on my cabinets, etc….are all things I look for. These things drive the cost up.

Right now in the area I live, I think it’s cheaper to buy than build. I’ve been told building is $190 to $245 a ft.

I built a custom home in 2010 for just over $100 a ft. That’s a $100 ft per heated and cooled. 2100 square ft was $220k to build and close the loan, and does not include interest paid on the construction loan.

Building costs and mpg for trucks, inside spread on deer, or length of beard/spurs/ and weight on a turkey are real close to the same thing for me to trust someone on. I better really know the person well before I trust they telling me the whole truth on the matter.

IDOT #3748995 09/18/22 07:08 PM
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J
JA Online: Content
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I’m building a nice house in Auburn right now and it will turn out to be about $225/ft.

Semo #3749028 09/18/22 07:51 PM
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12 point
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Originally Posted by Semo
Man, to think I bought our house in 2013 at $41/sq ft.

just calculated mine as $41 in 2016

IDOT #3749142 09/18/22 10:07 PM
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R
14 point
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Same in 2015. $41/ sq ft

Last edited by RCHRR; 09/18/22 10:07 PM.
JA #3749143 09/18/22 10:10 PM
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A
Old Mossy Horns
Old Mossy Horns
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Originally Posted by JA
I’m building a nice house in Auburn right now and it will turn out to be about $225/ft.


If I can be nosey, in a subdivision or on a lot that you own?
Who is building the house?

Thank you

Last edited by AU7MM08; 09/18/22 10:13 PM.
IDOT #3749238 09/19/22 07:51 AM
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10 point
10 point
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Around here I cannot get a direct quote. Everything is day by day depending and because of this I cannot I good conscious start a build. One can only pray things will even out once the D is out of the office


Only accurate rifles are interesting.
AU7MM08 #3749242 09/19/22 07:59 AM
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J
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J Online: Content
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Originally Posted by AU7MM08
Originally Posted by JA
I’m building a nice house in Auburn right now and it will turn out to be about $225/ft.


If I can be nosey, in a subdivision or on a lot that you own?
Who is building the house?

Thank you


PM to ya.

IDOT #3749886 09/20/22 02:26 AM
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B
8 point
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I owned the land outright, but just finished construction on my place for about 155/sqft.
That’s with open cell foam, crawlspace, metal roof, and upgraded brick. Contractor quote was 138/sqft a year ago but we did some upgrades that we paid out of pocket for. I think our place is 3000sqft with 5000sqft total under beam

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