Been throwing some ideas around about buying a house. I hate the idea of renting. Problem is, nothing in my area has caught my eye (atleast nothing in my price range). I'd like to find something with a little acreage (something like 3-5 acres) and I'm just not finding it. I have however found the ground. I've got a few options where I could pick up a couple acres pretty cheap. I really like the ideas (and looks) of the metal houses by the companies like Morton and Kodiak. I was reading about them on some different home building forums, and everyone seems to love them, and they seem to go up pretty quick. Most people said they would be built within a week or two, then they "hand you the keys". On Kodiak's website I priced a 1700+ SF home (with 2 car garage), and the materials cost about $56K. So my question is, realistically, what would be the total cost to build. I've got no experience or background in building whatsoever. I should also mention that my stepdad is a contractor and is the general manager of a home building supply company. This would allow me to get any materials at cost if need be, and I could (I assume) save some money by doing things like drywall myself. He is capable of doing anything. He just built a metal home and is now building a 2 story (probably about 2300 SF) home all by himself. I just would not want to completely rely on him and take all of his time (although he probably would insist).
Prep is going to make or break you. Is there power, well, septic there? What about site prep? What kind of soil is it? Basement or no basement? These can all drastically change your price.
All the areas right now are open grassy areas that should have easy access to power and water. One is an empty lot in a country subdivision. The other 2 spots are grassy lots along country roads with other houses scattered along. Not looking to put in a basement. I'm certain that my stepdad could help me with the excavating and/or concrete work needs to prep the site. He did it all himself for each of his homes.
Here's the quote I received from Kodiak. Created: 2012-02-13 at 11:58pm CT by customer Updated: 2012-02-14 at 10:23pm CT Model: Kavanaugh A Customer Name: Project Location: IL 61944 Building Code: IBC 2003 Live Load: 20psf / Ground Snow: 28psf / Wind: 140mph / Exposure: B / Seismic: D (Zone 1.0) Valid Prices The prices shown here are still in effect. Click Buy Now to lock prices. Kavanaugh A Base Package Includes structural framing & exterior wall framing $36,767.38 Roof & Trim PBR Panel $7,956.57 Panels Brownstone Trim Classic Green Gutters & Downspouts $944.06 Gutters Classic Green Downspouts Classic Green Steel Siding Sycamore Panel / Bennington Beige Trim $6,504.85 Front Wall - Full Siding 2,500 ft2 of siding / 400 ft of starter strips / Back Wall - Full Siding 600 ft of trim / 100 ft of corner posts Left Wall - Full Siding Right Wall - Full Siding Aluminum Soffit White / 576 ft2 of soffit / 300 ft of trim $1,191.60 Solarguard Wall Insulation 2,600 ft2 $1,048.44 Solarguard Roof Insulation 3,200 ft2 $1,239.28 Interior Studs & Track 188 studs & track $613.72 Standard Construction Drawings $0.00 -------------------------------------------------------------------------------- Subtotal $56,265.90 Freight 1,900.48 -------------------------------------------------------------------------------- Grand Total $58,166.37
Basements are pretty nice to have. Especially if you have to fix something. Also, they offer more storage space...... who doesn't like that?
It is WAY easier to sell a house with a basement AND you get way more money then you initially invested when you built it .... just something to chew on ...
Not here, but that's because you have to blast to have a basement Other items to remember that add up quickly: switches, wires, pannels and fixtures appliances (my dad just dropped over $1500 on a new washer & dryer alone) HVAC water heater & sinks, fixtures cabinets Between prep and finish work, I'd say you could easily double the price of the building even doing it yourself.
If you don't put in a basement (possibly even if you do) make sure to run wirsbo tubing for a heated slab. You'll thank me later
Quick and dirty rule of thumb: Price of building materials x 2 + lot price= total price This will get you in the ball park.
I agree. Have I misinterpreted...is the price quote for just the "shell"? Your main expenses are foundation, MEP, and finishes. Are these part of the package?
i put up a 40x 100 and it cost me about 100k.. and thats just a shop,, ya floor heat, but no bathroom.. just water and elec and gas,, did all wiring and lights, insulation myself.
