cheesepep wrote:I appreciate the replies and the tips, but can anyone please tell me the approximate costs for even doing so? Like is it 1.5X, 2X, or 3X the price of a "normal home" in the same neighborhood?
I won't even branch further if the price is too pricey. I'm looking for very general prices here considering the many factors involved.
cheesepep wrote:I appreciate the replies and the tips, but can anyone please tell me the approximate costs for even doing so? Like is it 1.5X, 2X, or 3X the price of a "normal home" in the same neighborhood?
I won't even branch further if the price is too pricey. I'm looking for very general prices here considering the many factors involved.
Sherman wrote:I think I need to assemble a team so who should be on the team?
Sherman wrote:I am also very interested in this topic. I do not want to take over this thread but these questions may help the OP also. cheesepep, if you would prefer, I will start another thread.
I am thinking about demolishing my house in an expensive suburb here on the West Coast and replacing it with a similar sized but updated one. I am looking for very basic information for someone just starting out. Here are some questions:
I think I need to assemble a team so who should be on the team? Some mentioned include builders and decorators but I would appreciate more precise definitions about what these people do and where I would shop for such a person's services. Here are some roles that I have read about. Are my ideas realistic?architect -- overall design and then creates detailed drawings and specifications including a bill of materials for the house.
general contractor: takes the detailed design then is responsible for hiring and supervising and paying subcontractors to do the work. Also is responsible for buying and paying for materials per the bill of materials from the architect.
inspector: help me to check on the work of other people on the team.
What is a decorator and how does this function differ from architect?
Cost. My house is about 1200 square feet and I estimate approximately $200 a square foot for a total cost of about $250K. I realize that will depend on features that I want and the components I choose but like the OP I need a rough number to decide feasibility.
Grasshopper wrote:Are you married, building a custom home almost put me in divorce court, just saying.
Sherman wrote:I am thinking about demolishing my house in an expensive suburb here on the West Coast and replacing it with a similar sized but updated one. I am looking for very basic information for someone just starting out.
donall wrote:OP, not sure what you mean by prebuilt....a modern architect designed pre-fab:
http://www.dwell.com/house-tours/article/prefab-proven
an IKEA simplicity and price house:
http://designtaxi.com/news/351780/IKEA- ... Fab-Homes/
or an inexpensive and simple house:
http://www.claytonhomes.com/prefabricated_homes.cfm
http://www.houseinabox.com/pre-built-homes/
texasdiver wrote:Having bought new and used houses over the years and having been a front-row spectator to two close friends who did the custom house thing my comments are the following.
Used houses: By FAR the best bargain. Especially nice late-model homes that need no improvement and that the original owners have finished out nicely.
New houses such as homes in a new subdivision: Substantially more expensive than the identical couple year old house in the same subdivision. We have bought 1 new house over the years and when I went back and looked at what I spent on it the first two years in terms of finishing out the landscaping and interior details (closet shelves, blinds, etc.) it was shocking.
Custom homes: Off the chart expensive compared to the other two options.
My own opinion is the following: Building a custom home in some ordinary subdivision surrounded by ordinary or even high end builder homes is probably a recipe for throwing away money. Especially in places like here in Texas where there are SO MANY new subdivisions everywhere that are basically all the same in terms of landscape, views, and amenities. I live in an ordinary Texas subdivision and the retired couple who lived next door to us had built custom 8 years ago. When they went to sell last year to move to closer to their kids they took a horrible bath because none of the custom nonsense they put into their dream home made the house worth a dime more than all the ordinary houses for sale in the same neighborhood with the same square footage. The poor woman was horribly distraught and in denial for months trying to list the place at 50-75 grand above comparable properties in the same subdivision until her realtor finally got her to see reality.
However if you happen to have some ideal and unique piece of land someplace upon which you want to build that can't easily be duplicated with another existing property then perhaps a custom home is worth the effort. My two friends who went the custom home route both had absolutely beautiful hillside shoreline lots in Juneau Alaska with fabulous 180 degree views of water and mountains. There were zero homes on the market on equivalent lots that were anything remotely close to what they were looking for. So the only real alternative was building their own. They are happy and both have beautiful homes that they never plan to leave...and probably never will. But they did pay a fortune.
mikegerard wrote:Cost is going to depend on your design and what you put into the house (granite countertops, bathroom fixtures, etc). Our design was less to build per sq foot than most of the prebuilt homes around us....we spent a lot of time designing a house that fit our needs and did not have a lot of unused volume (2 story entry for example).
You need to find the right location, then the right architect and right builder. If you happen to be looking in LA or Rochester, NY I can give you some recommendations.
Mike
AdamFist wrote:Out of curiosity, I wanted to know what the approximate cost would be and I performed a search and used the following website for informational purposes only:
http://www.building-cost.net/
FWIW, the values generated from this website overestimated costs compared to what we paid for our new house.
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