Cost to Build a House

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Armchair Builder

Armchair Builder

2 жыл бұрын

In this video a builder opens his books and reveals the details of the cost to build a house today. The video covers the cost for labor and materials to build a four bedroom, 3.5 bath home with a full basement. This video is perfect for anyone looking to save up to 30% on the cost of their new home. A real house plan that is available today is reviewed along with the estimated cost to build it. Cost adjustments for major cities throughout the U.S. are also shared. If you are looking for a video covering the details of the cost to build a house today, you will find this video very useful.
Brought to you by Open Book Build LLC. For details on learnign how to build your own home visit: ownerbuilderclass.com/
The location cost adjustments at the end of the video are percentages. So for example, if the number shown is -6, you deduct 6% from the costs we show in the video for the particular location.
For more details about the house plan shown in the video...
www.advancedhouseplans.com/pl...
Disclaimer:
The costs used in this video were derived from multiple sources including but not limited to: 2021 National Construction Estimator by Craftsman Books, the builder's own experience, and the latest NAHB (i.e. National Association of Home Builders) Economics and Housing Policy Group, Cost of Constructing a Home. Construction costs can vary greatly from one location to the next due to material and labor shortages and local market conditions. Individual customer finish and design choices can also create large swings in labor and material costs for a given project. Building code differences from one location to the next were not considered when preparing the labor and material costs presented here. Armchair Builder, Michael Luckado, and Open Book Build LLC have no affiliation with Menards or Advanced House Plans.

Пікірлер: 894
@conniehuffaCRE8
@conniehuffaCRE8 2 жыл бұрын
In California that exact house plan is selling for $2.2 million. Nice to know it costs just over $300K to build. Thank you for this.
@tjlift22
@tjlift22 2 жыл бұрын
It’s the dirt that’s so high in California. I would say move and all the BS inspection California has
@TeslaBoy123
@TeslaBoy123 2 жыл бұрын
Hahaha not is a big joke 300k is not even for materials today 🤣
@chokeeartist
@chokeeartist 2 жыл бұрын
Prices fluctuate but building a 3$ million home in Arizona will be like building a 25$ million dollar home in California
@xlilsasuke4x
@xlilsasuke4x 2 жыл бұрын
You kinda also need the land….
@watching789
@watching789 2 жыл бұрын
You mean los angeles because in Bakersfield this cost 550k
@shaqcanada3549
@shaqcanada3549 2 жыл бұрын
Thank you so much for this I finally found a video that truly breaks it down
@sergiomelendez285
@sergiomelendez285 2 жыл бұрын
The cost of a semi-custom or custom home will vary wildly depending on land cost, materials used, finishes in the house, and maybe turn around time. You can estimate (or purchase) a lot. Find a semi custom home builder that has a model for you to view and request a quote. A lot of times with upgrades and building houses you have to just set the budget and build the house to that budget. Its a lot easier to say to the builder I want a house built like this quality with these finishes, but this wall moved, an extra garage, and adjust from there. The more specific you are the tighter the range of the estimates. At a minimum you should be able to know the cost of the land. Also, you can work with an architect. I think you need to ask the question the other way around. Instead of "how much money do I need to build this house". You should ask "how much house can I build with this much money. "
@lyssanc
@lyssanc 2 жыл бұрын
R CC
@kylehansen3333
@kylehansen3333 2 жыл бұрын
Amazing video, very well planned out. Love how thorough this video is.
@bubbajones4522
@bubbajones4522 9 ай бұрын
Agreed...well done. A proper final rule of thumb would be X2 for labor plus land.
@pinnaclebuilds1011
@pinnaclebuilds1011 2 жыл бұрын
It should be mentioned that there is a HUGE variation in price of materials based on quality. You can purchase a window package that is $5,000 or you can easily spend $35k+. We've seen price ranges on cabinetry from $28k to $75k on the same exact house, just changing quality and manufacturer. I couldn't imagine being in a market where you can markup homes by 30%.
@markw999
@markw999 Жыл бұрын
That's what I'm wondering. Garbage in, garbage out.
@inquisitvem6723
@inquisitvem6723 Жыл бұрын
Unwarranted huge markups using the pandemic ‘supply chain shortage’ as excuse.
@searthngeam
@searthngeam 11 ай бұрын
So you expect these builders to sell the hoses at cost? Just curious, where do they get money to build another home? Where do they get money to pay their people?
@gunfu4481
@gunfu4481 10 ай бұрын
​@searthngeam 30% after all the workers, materials, and fees are paid is bogus.
@searthngeam
@searthngeam 10 ай бұрын
@@gunfu4481 if you don’t mark up, Then all you did was break even. Where do you get money to build another home?
@josephbobzien6904
@josephbobzien6904 2 жыл бұрын
You would think that if you Google how much does it cost to build a house videos like this would pop up 1 million times. And that's just not the case this was fantastic thank you.
@johngirard8554
@johngirard8554 2 жыл бұрын
This Looks very nice,Good job,well done. Thanks for sharing the details with us.
@MrsBaty-wo9jm
@MrsBaty-wo9jm 2 жыл бұрын
This is so helpful! Thank you!
@sreemoymohan
@sreemoymohan 2 жыл бұрын
Great video, it also depends on the general contractors, few of them in my area bring out the pricing sheet even for a small screw but the company that built the home was very accommodating. 1669 sqft 2 storey slab 2 car garage, MBR in 1st floor and 4 bed rooms upstairs including a small deck balcony was 222,500 including 16,000 sqft lot.Location Indiana
@deliveryguy317
@deliveryguy317 2 жыл бұрын
Would you mind sharing your builder please? I live in Louisville
@malli1710
@malli1710 2 жыл бұрын
Sree, Please share city/location in Indiana. Thanks in advance.
@khietnguyen9505
@khietnguyen9505 Жыл бұрын
No way they can build it under $250k now
@pudanielson1
@pudanielson1 Жыл бұрын
That's a great cost for a 1700 sq ft home, happy for you
@norwegianblue2017
@norwegianblue2017 8 ай бұрын
I have a San Diego 1950s 3br, single story, built over a crawlspace about 1700sf with non-luxury finishes and appliances. It's basically just a big rectangle. The insurance company just reevaluated the cost to rebuild at $550k, just for the home itself.
@cyber5006
@cyber5006 2 жыл бұрын
This is quite helpful. Thank you for this
@SrikanthPRABHA7
@SrikanthPRABHA7 2 жыл бұрын
Brilliant. This channel should get million subscribers soon.
@stephtraveler7378
@stephtraveler7378 2 жыл бұрын
Very educational. Great content.
@Lilioideae
@Lilioideae 2 жыл бұрын
I live in Ohio and this was very helpful! Thank you!
@Sladeofdark
@Sladeofdark 2 жыл бұрын
This is SOO helpful. Give me all the confidence that I need to pull this off.
@tonyalston4838
@tonyalston4838 Жыл бұрын
Details ?
@BimmerWon
@BimmerWon 11 ай бұрын
Did you pull it off?
@we3k1ngs12
@we3k1ngs12 2 жыл бұрын
Thank you Michael
@maisis.2139
@maisis.2139 2 жыл бұрын
Thanks for sharing information..watching from Florida.. I am going to build a dream home in the near future
@Shemsizedek
@Shemsizedek 2 жыл бұрын
Only the Most High brought me here thats all I am going to say thank you for be of service Michael and Open Book Build Loving what am seeing on this channel so far
@bobt471
@bobt471 2 жыл бұрын
Excellent information.... Thank you
@premiumbenefits9887
@premiumbenefits9887 2 жыл бұрын
What an absolutely beautiful home. Genuinely considering this plan
@amandacunningham3125
@amandacunningham3125 2 жыл бұрын
same just without the basement
@inquisitvem6723
@inquisitvem6723 Жыл бұрын
I don’t like hardy plank siding. I would prefer brick all around.
@shvrdavid
@shvrdavid 2 жыл бұрын
Housing is insane compared to what it used to be. I grew up in a 6 bedroom house (far bigger than this one) that cost 12k, or just over a years pay when purchased. You can't buy anything for that cost now, let alone anywhere to put it. I seriously doubt this is what anyone thought of when they said "The American Dream" years ago. Things have progressed so disproportionately over the years, that it is scary. Going from just over a years pay, to 6 to 30 times that just to simply put a roof over your head... Yep, that's the American dream we have today... More like a nightmare, that somehow has been passed on as normal.
@coreyj.7776
@coreyj.7776 2 жыл бұрын
@Laura Brown yo ass is everywhere!
@yakzivz1104
@yakzivz1104 2 жыл бұрын
You are absolutely right and it is being done on purpose.
@tonycampbell9626
@tonycampbell9626 2 жыл бұрын
And the Banksters are slapping high fives to each other and laughing their asses off.
@wowzers6178
@wowzers6178 2 жыл бұрын
@@Wanderer2035 umm sorry, it actually happened under both and it started with Regan deregulating the banking system. It's BOTH party's. It's not Dem v Rep. It's us v the 1%. They create the laws. The 1%. You are focused in the wrong place.
@OuterfleshEntertainment
@OuterfleshEntertainment 2 жыл бұрын
@@wowzers6178 No he’s somewhat correct, but the actual origin of the problem came about in 1913 when we left the gold standard, and was complete during Nixon who took us off the gold standard entirely. Democrats and Republicans are financially backed by the same rich donors. The real problem that caused this was greedy rich banksters overtaking our political system. However what’s truer than that, is that it’s OUR fault for not following the constitution and standing up against them. But everyone is so concerned about their political party preference, that we chose to believe all the lies and fight ourselves instead. Moral of the story, it’s only getting worse and will continue to until we starve and we are actually to blame. Critical thinking is a thing of the past sadly
@SeanBaker
@SeanBaker 2 жыл бұрын
Thank you for this video. I could have watched another half hour of this information.
@NikosPropertyShow
@NikosPropertyShow 2 жыл бұрын
I'm building my new house right now and I got so fortunate for lumber prices to drop down drastically right when I ordered my lumber package. Saved $20,000 ordering my lumber package when I did 😅
@angelinasjukebox
@angelinasjukebox 2 жыл бұрын
🙏❤️🔥. We are just starting out as owner/builders....so I happened to come across this video. So neat that you have a course....will have to check it out!!!
@PLAYAWORLDRecords
@PLAYAWORLDRecords 2 жыл бұрын
kzfaq.info/get/bejne/eeCop6hztLOndas.html
@travismcgee100
@travismcgee100 Жыл бұрын
Informative, helpful, and concise = NICE! Thanks for the video.
@vidabee8672
@vidabee8672 Жыл бұрын
So helpful, thank you for this!
@audigit
@audigit 2 жыл бұрын
I stopped about 4:30, but kudos. you address everything in your criteria
@legocreatortor55
@legocreatortor55 2 жыл бұрын
Trying to build around Trumbull county Ohio! Thanks man! Great video
@aaaaachew
@aaaaachew 2 жыл бұрын
This was excellent!
@eduardojrmurallon8155
@eduardojrmurallon8155 2 жыл бұрын
Thank Michael 👍🤗
@lailaalfaddil7389
@lailaalfaddil7389 Жыл бұрын
>>The market cycle still hasn't met its balance, we keep going round in circles while waiting for that bullish run on a great support. However, in the mean time we could always ignore the market ups and downs and stay fully invested. Big thanks to *ROCHELLE DUNGCA-SCHREIBER* for helping me earned over 17>btc by implementing her methods and following her guides
@lailaalfaddil7389
@lailaalfaddil7389 Жыл бұрын
Honestly, she deserves more acknowledgements, just the same way I was going through comments and i saw this, I gave a try and it was quite overwhelming ever since!
@Jfrmr1
@Jfrmr1 9 ай бұрын
A very well produced video, to the point and informative!
@F.W.I.S.
@F.W.I.S. 11 ай бұрын
Excellent presentation, Michael! Excellent!
@stephensaintsauveur7590
@stephensaintsauveur7590 2 жыл бұрын
Thank you for the lovely video!!! 💜💚
@informliza
@informliza 2 жыл бұрын
Wow! Great information and video, thank you.
@carloscontreras3633
@carloscontreras3633 9 ай бұрын
I always wondered this. Thank you.
@LMays-cu2hp
@LMays-cu2hp 2 жыл бұрын
Thank you for sharing.
@deepintheheartoftexas2671
@deepintheheartoftexas2671 Жыл бұрын
Very helpful information..... thank you!
@janelewis7747
@janelewis7747 2 жыл бұрын
Wow. Native California here. I am blown away...
@ladylalaughlullalove4282
@ladylalaughlullalove4282 2 жыл бұрын
Love this! Thank you for the good info :)
@Anthony_Williams1216
@Anthony_Williams1216 2 жыл бұрын
Good info man, thank you!
@yakzivz1104
@yakzivz1104 2 жыл бұрын
this is really great information!!
@paulbar1768
@paulbar1768 2 жыл бұрын
This was an awesome video, just subscribed.
@9x19freedom
@9x19freedom 2 жыл бұрын
Here a tip if your planning on building a home instead of hiring a company to build it for you find people on the side to do each thing such as foundation block laying etc only go with a qualified company for serious items such as electric heres an example I have a family member who does stucco on the side for a normal sized home he charges around $6k+ with material compared to a company who'll charge well over $10k
@9x19freedom
@9x19freedom 2 жыл бұрын
@The Big Fat Bastard im not into construction this is based on family member telling me prices who work in those jobs first hand
@belcastrohomes
@belcastrohomes 2 жыл бұрын
Thank you sir
@BeeNeeLimitless
@BeeNeeLimitless 2 жыл бұрын
Wow high value info. This kind of information would cost 💲 💲 💲 lot of money 💰 in 90s . Thank you for sharing 🤙
@sixtysyxti3235
@sixtysyxti3235 2 жыл бұрын
Great video, thank you.
@JK-vb6ju
@JK-vb6ju 2 жыл бұрын
Very informative thanks u got a new subscriber. Even tho building homes in Toronto is alot more it gives u a good idea
@savithpoeut4461
@savithpoeut4461 Жыл бұрын
Thanks for sharing
@freshnotfresh7571
@freshnotfresh7571 9 ай бұрын
We need more of these 🫡
@lawrencewiley3104
@lawrencewiley3104 2 жыл бұрын
Great info thanks
@lavanyakala9593
@lavanyakala9593 2 жыл бұрын
Great video!!!
@raulbeltran03
@raulbeltran03 2 жыл бұрын
Awesome video thanks
@scottthelen3280
@scottthelen3280 Жыл бұрын
Hey! Great video. Maybe I missed it, but did you factor in the concrete cost for the driveway, garage, sidewalk, and exterior steps?
@gregsandifer2398
@gregsandifer2398 2 жыл бұрын
Great video, honest cost
@kurikokaleidoscope
@kurikokaleidoscope 2 жыл бұрын
Very interesting and informative.
@monicarenee7949
@monicarenee7949 2 жыл бұрын
I was pleasantly surprised you priced this for Cleveland, since that’s where I’m living. There’s a plot of land in a nice suburb that costs almost 200k for just the land! It’s only about 9k sq ft of land. It’s pretty discouraging.
@basketsresale
@basketsresale 2 жыл бұрын
Great video This is a house style I really like Great house plan Beautiful design and we have menards right by us
@mobgma
@mobgma 2 жыл бұрын
great video!
@gusespe4458
@gusespe4458 2 жыл бұрын
You look like a very honest Man and that’s something we don’t have very much of here in California !!!! Lol 😂
@paulneil7321
@paulneil7321 Жыл бұрын
In America the no 1 problem is labor cost, some greedy companies using JOSES (low paid immigrants) and making millions of money. I asked to install a Tap in my garage the contractor told me 1.3K is the cost, I asked the JOSE who came to do the estimate, Can you do it by yourself later? He came back and did it for 200.
@TheEquation007
@TheEquation007 Жыл бұрын
One thing that definitely needs to be passed on to all home builders is to keep up with their nails and refrain from dropping them all over the roads and streets! Nails need to be tucked and stored away in safe storage compartments. Commuters shouldn’t have to purchase new tires or sets of tires simply because home builders, other builders, and construction workers are dropping nails all over the place!
@kryptik0
@kryptik0 10 ай бұрын
What a silly comment.
@WorldInANutshell
@WorldInANutshell 8 ай бұрын
I've been building and rehabbing for 20 years. I've accounted for every dollar on every project and if you can get material/labor ratio to be 50/50, you've don't great. 40/60 material/labor is about the tipping point where you're paying more than you have to. You can't accomplish these ratios paying a middle man (GC). In this video, the ratio he prices is $132k material & total is $431k ($332k labor/material + 30% GC fee) which comes to 32/68 material/labor ratio....probably about right.
@pavlov2085
@pavlov2085 8 ай бұрын
What do you mean about right, if anything over 40/60 is too high?
@WorldInANutshell
@WorldInANutshell 8 ай бұрын
@@pavlov2085 i don't mean 'right' as in good. i mean 'right' as in accurate. he priced accurately...what the market prices at. the only way to get that priced lower is to eject the GC from the project.
@chipsun2504
@chipsun2504 5 ай бұрын
Thank you
@jaynorthwoods
@jaynorthwoods 2 жыл бұрын
Life long builder here and it doesn’t work like this, average is $200-$300sf even using Menard’s materials. Just saying. If you get the kids in the neighborhood @$10 hr and one guy making $20hr, maybe your price 20 years ago at $130sf could work. Wish everyone the best and good luck as your own GC. Better to get the cheapest local contractors that build dozens or hundreds a year and then see what they are selling those same houses for and you will be able to determine your local market. Cheers
@nknarula
@nknarula 2 жыл бұрын
Thank you for sharing this valuable information in a clear way that even a knucklehead like me can understand.
@markadler8968
@markadler8968 2 жыл бұрын
In Vancouver Canada where I am from you would pay 300k to your architect and the city in fees/deposits before you even broke ground. Finished homes run around the $500 a square foot and up to build. One project I worked on the client spent over $4000 per foot to build it. Houses cost about $1200 a square foot to buy in the less desirable areas of the city and well over $3000 in the nicer areas. There is also so much red tape and regulations that houses (Especially the most expensive ones) often take 5-6 years to complete from submitting the drawings. Now we have a housing shortage because nobody wants to go through the nightmare that is building a house in my city.
@pongort246
@pongort246 2 жыл бұрын
contractors all quoting me between 550K to 650K to build a 1 1/2 story 1772 sqft house so I know the struggle.... Cheap houses don't exist in Canada anymore
@ImVeryBrad
@ImVeryBrad 2 жыл бұрын
I have alot of family in Van. that place is nuts. my dad also grew up there and hated it
@warrenhicks6120
@warrenhicks6120 2 жыл бұрын
We looked to building in MB, and lot costs were around $180k in the area we were wanting to build in. A good level of finish, custom bathrooms and cabinets, ICF basement, R-2000+ building standard or better (R-50 in ceilings, R-28 or better in walls, triple pane low E windows, heat recovery systems, etc etc) brought the price up around $350/ sq foot , minimum. Landscaping, 2nd garage, etc and now we are up around $1,000,000 to build a 2000 sq foot with basement on 2 acres. Bought a 3 year old house at 800K and we won't look back.
@justthink5854
@justthink5854 2 жыл бұрын
in '90 i built a house north of Vancouver. 3,200 sq ft on a crazy lot. asked $400k finally sold it for $320k (housing crash). still made little money, but boo hoo. what an adventure though!
@lunam7249
@lunam7249 Жыл бұрын
Van. Canada is an expensive dump!! Young Chinese superich made expensive all things
@jennifer-schanuth
@jennifer-schanuth 2 жыл бұрын
Hi. great video. a quick tip for background static noise fix. Adobe audition - noise reduction effect is a quick and great fix. Cheers.
@gaslitworldf.melissab2897
@gaslitworldf.melissab2897 2 жыл бұрын
Nice home. I shoud look into moving to TN. I only need a little bungaow and enough dirt to plant greens.
@anestholiver
@anestholiver Жыл бұрын
Thank you for showing this! The house is very nice all in all
@ChrystalClear
@ChrystalClear 2 жыл бұрын
Nice looking house.
@avnishkumarshaw3369
@avnishkumarshaw3369 2 жыл бұрын
That’s really an awesome detailed video for someone very new to Western real estate. Just a request if you can do a same video for Ontario, Canada ? Or do you offer your services in Canada, Ontario ?
@henrikandersen7778
@henrikandersen7778 Жыл бұрын
It would be very nice, if you made a video about the yellow house at 1:02. I really love this house!
@johnf321
@johnf321 2 жыл бұрын
Nice to know thanks
@freddyhollingsworth5945
@freddyhollingsworth5945 2 жыл бұрын
Arkansas. I'm having a 1,616 sq-ft house with a 21x21 2 car garage built now(2021), rear is 8 ft tall, front 2.5 feet, slab filled with orange/red dirt, turn key including painting and insulation, granite counters, oak cabinets.... everything included except flooring and appliances... $224,890
@gustiable
@gustiable 2 жыл бұрын
wow that’s actually kind of affordable
@gustiable
@gustiable 2 жыл бұрын
thats like three times cheaper than what real state will sell it to you
@michaelkosanovich8726
@michaelkosanovich8726 2 жыл бұрын
That sounds great! Especially with material costs going through the roof
@yakzivz1104
@yakzivz1104 2 жыл бұрын
this seems to be a little high for a 1600 sq-ft. home in arkansas though. I'm sure it is beautiful.
@freddyhollingsworth5945
@freddyhollingsworth5945 2 жыл бұрын
@@yakzivz1104 yes, 2 CG as well.. Lots of foundation work also.. fill dirt..
@mohammadabid1222
@mohammadabid1222 Жыл бұрын
Wow great video
@SHENJ376
@SHENJ376 7 ай бұрын
Love your video. Do you have any video talks about financing such project for a typical builder and family?
@tameshaLwalker
@tameshaLwalker Жыл бұрын
I need this one!
@Michael-we9vp
@Michael-we9vp Жыл бұрын
I built 4 spec homes in AZ between 2016-2017....The average cost to build was around $78 a sq ft...minus the land and permits....I subcontracted everything out except the plumbing, painting and landscaping..
@bobkat1663
@bobkat1663 2 жыл бұрын
Just before the lumber price sky rocketed, I built my 3/2, 1600 squ./ft., home , When I am totally done I will have $65K. Now I did all the labor myself, spared no expense, but it really baffles me, the prices of homes in certain states, they get boxes that are not even made of real wood and stone. Great video, thanks for sharing. Central Texas area here, near Austin, and let me tell you, with everyone moving here, things are crazy and not in a good way, a lot of old folks can not pay the new and unlawful taxes on their homes and will likely lose them soon., hopefully the Amendment will pass to ban taxes on 65 and older.
@GhostZodick
@GhostZodick 2 жыл бұрын
I say the government have no rights to charge significant amount of property tax simply because the market went crazy. If a person bought the property 20 years ago, and his income didn't increase as much as the property price, he should not be taxed based on current market price. He has a right to maintain his lifestyle.
@sickre
@sickre 2 жыл бұрын
Oh, those poor old people with their huge gains! Boohoo, if they don't like it just sell up and move to Florida. Property taxes are great for keeping the housing market efficient and land properly allocated.
@tjlift22
@tjlift22 2 жыл бұрын
@@sickre where do you live that you love paying property tax
@JoeR203
@JoeR203 2 жыл бұрын
@@tjlift22 Probably in a state that has no property tax for senior citizens.
@tjlift22
@tjlift22 2 жыл бұрын
@@JoeR203 me be
@Renould2010
@Renould2010 2 жыл бұрын
👏🏾👏🏾👏🏾👏🏾👏🏾🙏🏾🙏🏾🙏🏾💯♾👍., Great data, Micheal
@GetInOurHome
@GetInOurHome 2 жыл бұрын
Great video Micheal, we're based in Ireland ... really interesting to see the comparison across the globe!
@OpenBookBuild
@OpenBookBuild 2 жыл бұрын
Glad you enjoyed it!
@michaelhand9769
@michaelhand9769 2 жыл бұрын
my work is architecture. yes there are builders that, gasp, make a percentage markup. construction, nor most every business, is not a charity business. under valuing professionals is pretty typical from people that think people don't understand what is involved with trades, scheduling, overhead, etc
@OpenBookBuild
@OpenBookBuild 2 жыл бұрын
I totally agree. I'm a builder and have made very good money building homes for other people. But much like a chef that shares recipes for people to use when cooking at home, the "owner builder class" is about giving people the option of "cooking their own meal." Building a home is much more complicated than cooking most meals, but it is something that people should have the option to tackle themselves if they so choose.
@BbBb-pn9rt
@BbBb-pn9rt Жыл бұрын
Which city are you in?
@SilentGlobetrotter
@SilentGlobetrotter Жыл бұрын
general contractor here. if someone quotes you $300k to build that entire house, run from them, because once they start, the "unexpected" expenses will bring the total cost to about $700k. he quoted the lowest quality materials, perfect weather, and ZERO overhead, just as an example, the foundation alone will be about $80k and not $45k unless you do the excavation yourself and there's no old structure on the property that needs demolishing. another example, what happens when your roofers can't work because it rains for a week and now you have the entire wooden structure soaked? the prices he's showing are a fairy tale
@sgrace7607
@sgrace7607 10 ай бұрын
very true👍
@user-sy3si8yn2j
@user-sy3si8yn2j 2 жыл бұрын
I just got a quote from a GC in San Jose for a house like this one, 2500 sqft living area, 500 sqft garage. The cost is $800,000.
@walterdiaz2003
@walterdiaz2003 2 жыл бұрын
I live in Bergen county New Jersey and I own a 1950 Cape Cod. Per my insurance company, to rebuild my house would cost around 310K. Of course, it can go higher than that. That said, the land which is 4900.50ft^2 in this area is around $320K so it's a good deal.
@irbose9895
@irbose9895 2 жыл бұрын
Builders in Bergen county would laugh at this video
@mikeg7750
@mikeg7750 2 жыл бұрын
The lot of my home in Paramus is 440k and to rebuild the 1960s house was above 410k. I was considering it, but can’t find a contractor or crews for months, and materials are very expensive now
@walterdiaz2003
@walterdiaz2003 Жыл бұрын
@@mikeg7750 I agree. the insurance company increased my premium because of inflation. It's unbelievable.
@dillon9950
@dillon9950 2 жыл бұрын
No where close to the costs in California. I'm a contractor our average direct costs are around 150-200 per sqft. Just built a 3000 sqft house..just the lumber alone was $105,000
@brandon_pappas
@brandon_pappas Жыл бұрын
Excellent video! Only thing he didn't cover is the price of the land. Which makes sense, because of the variability in that factor.
@MyHuntingJournal
@MyHuntingJournal 2 жыл бұрын
The carpentry trade has been grossly underpaid for a long time, those of you thinking that contractors are just price gouging need to realize that the carpenters wages are just catching up with what other trades have been years ago. For a healthy economy we need to take care of our tradesmen. Please secondguess before complaining to contractors about cost
@michaelkosanovich8726
@michaelkosanovich8726 2 жыл бұрын
Built three houses in AZ. First one was 1564 Ft. Ten foot ceilings with 8 foot doors. Nice ceramic plank style flooring and quartz countertops...Midgrade cabinets. Moen fixtures throughout..$116.000.00 material cost...$38.000.00 labor cost.$49.000.00 land cost. $203.000.00 Total. Sold for $289.000.00 after 6 months of construction in 2020.
@jamiex6072
@jamiex6072 2 жыл бұрын
Wow that's amazing. How you compare that to now.
@FBAExapt
@FBAExapt 2 жыл бұрын
Wow you are absolutely amazing for this! I’ll definitely be in touch
@invest4motivation827
@invest4motivation827 2 жыл бұрын
Good job
@jeffsmith7840
@jeffsmith7840 2 жыл бұрын
Currently building in PA and I’ve got 20k in engineering, perc test, land surveying. 30k for eljen septic system, had to do extra wide footer bc of soil compaction requirements,(2k extra) builders generally spec cheap to medium everything so everything is generally a upgrade. Let’s say another 30-40k for our house. If your thinking about building I would recommend doing a deep garage we went with a 25ft deep three bay garage so we can pull our suburban and truck in without issue, I had a track home before this building and couldn’t fit a standard pickup in the garage
@laricagrant9306
@laricagrant9306 2 жыл бұрын
Where in PA are you building and have you compared your labor and material to what the Amish in Lancaster offer? I’ve been thinking on this for some time.
@mikenguyen8778
@mikenguyen8778 2 жыл бұрын
Agreed that at least a 24’ garage to fit a full size truck or suv
@tyregalaxy28
@tyregalaxy28 2 жыл бұрын
I live in pa what area are u building I'm thinking of doing same
@jeffsmith7840
@jeffsmith7840 2 жыл бұрын
@@tyregalaxy28 I live in the Lehigh valley. Bout a hour north of Philly
@jeffsmith7840
@jeffsmith7840 2 жыл бұрын
@@laricagrant9306 went to check out a builder that basically has all mennonites an Amish do the work and they were basically the same price but didn’t want to build a custom home they wanted us to pick from one of their spec designs which we didn’t like any of them
@rubenshartman
@rubenshartman 2 жыл бұрын
Awesome
@samanthachencharik9185
@samanthachencharik9185 2 жыл бұрын
You're the best
@tonyczsg1
@tonyczsg1 2 жыл бұрын
Any resources you can share would be much appreciated for me to consider buying in the greater Bay Area in California existing homes vs buying land and building including installing a lap swimming pool and spa facilities (sauna and jacuzzi). Looking at minimum 4 bed room and 3 baths with a separate guest cottage (min 900 sq ft).
@Weallneedfunz
@Weallneedfunz Жыл бұрын
Your awesome man for talking about all this
@logankasee8725
@logankasee8725 2 жыл бұрын
Bruh that’s my dad in the excavator wtf😂 so random
@cd-rom.
@cd-rom. Жыл бұрын
Houses in Texas used to cost $100k in early 2000s. Good ‘ol days.
@Joeseph113
@Joeseph113 2 жыл бұрын
What would the cost adjustment be for the greater Houston and Austin areas? @armchairbuilder
@anillalkiya4011
@anillalkiya4011 2 жыл бұрын
Very nice house
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