Total cost to build my house: How much I saved by building new

  Рет қаралды 3,251

Brandon Built

Brandon Built

4 ай бұрын

I wish someone had shared how much it cost to build a house in California when I was getting started with the process of building my custom cabin in Lake Tahoe. That's why I'm making this video. I want to provide more transparency when it comes to construction costs. There are so many things that go into building a brand new home and everything really adds up. I cover everything from the cost of my land, to permits, pouring the foundation, framing, finishes, and utility hookups. At the end I compare the total cost to build my house to the cost of buying an existing home in the same neighborhood to show how much money I saved by building a house from scratch. Make sure to subscribe if you want to learn more about the process of building a brand new custom house using a contractor or home builder.
Disclaimer: The information provided on this KZfaq channel is for educational and entertainment purposes only and should not be construed as financial or investment advice. The content on this channel is not intended to be a substitute for professional financial or investment advice, and you should always do your own research and consult with a licensed financial advisor before making any investment decisions. The views and opinions expressed on this channel are solely those of the author and do not necessarily reflect the views of any organization with which the author may be affiliated. Investing involves risk, and past performance is no guarantee of future results. By accessing this channel, you acknowledge that you have read and understood this disclaimer.

Пікірлер: 37
@fireitinmyhole
@fireitinmyhole 4 ай бұрын
It's awesome to see the completed project! Thanks for sharing all this info
@brandon-built
@brandon-built 3 ай бұрын
You're welcome! Thanks for watching
@gardenofeden11
@gardenofeden11 2 ай бұрын
Thank you for the video and being so transparent i know privacy is important and so I appreciate this!
@brandon-built
@brandon-built 2 ай бұрын
You're very welcome!
@peteolesen265
@peteolesen265 19 күн бұрын
Certainly the right financial decision. Usually, existing homes are cheaper than build from scratch. When you build, you get what you want, or at least make all of the compromises.
@brandon-built
@brandon-built 15 күн бұрын
It was the right financial decision at the time. I'm not sure I could replicate it with today's interest rates and construction costs.
@1mgb
@1mgb 3 ай бұрын
Beautiful home
@brandon-built
@brandon-built 3 ай бұрын
Thank you 🙏
@jamesguise7073
@jamesguise7073 4 ай бұрын
Great video! I've been following along since the very beginning & you have inspired me to do the same! I'm in the process of starting with a land loan (and later construction loan) in San Jose, CA. Do you mind going over the pre-construction process in more detail? Curious to know how long your permits/designs/engineering took (since the city takes forever to review) and how you managed to make the payments? When you had the land loan did you start the permits/designs/engineering process ahead of time and pay out of pocket before switching over to a construction loan? And what was your experience getting the construction loan as some lenders are very strict with requirements of permits, plans, & cost breakdowns already in place? How long did your construction loan give you to complete the build? I'm looking at 11 months to complete ... but your build took very long, were you able to extend the duration of your build? Did you incur any additional points due to that?
@brandon-built
@brandon-built 4 ай бұрын
Wow that's awesome to hear! Thanks so much for following along with my journey! I can tackle some of your questions here in the comment section, but feel free to reach out to me for more detail. Tahoe is a little unique in that there are 3 separate regulatory agencies that govern building codes in the area (fire department, TRPA, and the county). That, combined with the limited building season, added at least a year to the entire process. Design took about 3 months of back and forth between us and our architect, but it could have gone a lot faster if we had pushed him harder. Engineering took another 2 months because Tahoe has all kinds of special rules. Once we submitted our permit application, it took about 6-7 months for approval. We were making monthly payments on the land loan during all this time. We applied for the construction loan before we paid the permit fees because we used the construction loan to pay the permit fees. That's all I have time for at the moment, but please reach out to me by email if you have more questions. Good luck on your build!
@TheHoppter
@TheHoppter 3 ай бұрын
First off Congratulations on building the home because it looks amazing. My question on the garage is was HVAC the only reason it was cheaper? does it not cost towards the square footage. Do you have any heating/insulation in the garage?
@GemmaGalan-ei8eq
@GemmaGalan-ei8eq 2 ай бұрын
Congratulations on your new house! May I know who your GC is? Planning to build in Lafayette,CA.
@brandon-built
@brandon-built 2 ай бұрын
Thank you! My contractor only builds in Tahoe/Truckee. Lafayette/Orinda area is a great place to build. Try Toby Long. He has some really nice designs and is based in the east Bay.
@joshengen4480
@joshengen4480 2 ай бұрын
70K for framing labor seems crazy high. Awesome video! Super smart and beautiful house.
@brandon-built
@brandon-built 2 ай бұрын
The crazy part is that is the cheapest quote I got. Most quotes were at least 2 times higher!
@crzyfastswimmer
@crzyfastswimmer Ай бұрын
Wow absolutely amazing. With all the extra work it takes to build in Tahoe, can't believe you were able to get under $400sq/ft. Looking to build in LA and hard to find even sub $500/sqft quotes.. Really appreciate your insight.
@brandon-built
@brandon-built Ай бұрын
Thanks! According to my builder, if I initiated this same build today it would cost 15% more because of the increase in his costs.
@joshuawebster4272
@joshuawebster4272 5 күн бұрын
Beautiful home….however, some of these prices seem very high. Framing, Tile, Etc. Very high!!😮
@brandon-built
@brandon-built 5 күн бұрын
You're telling me!
@abdullahasim4464
@abdullahasim4464 3 ай бұрын
How long it took from buying the land till the house is completed
@brandon-built
@brandon-built 3 ай бұрын
3 years. About half of that was the design phase and waiting for permit approval and snow to melt. About 1.5 years of actual construction. Cheers!
@Trustamania
@Trustamania 25 күн бұрын
over a million? daaamn
@brandon-built
@brandon-built 24 күн бұрын
yup 😭
@krismine99
@krismine99 15 күн бұрын
If someone told me permitting was $42,000 I'd be pissed
@brandon-built
@brandon-built 15 күн бұрын
Pretty much.
@masterkiller990
@masterkiller990 Ай бұрын
Dang over a million 😢 i struggle saving 100k
@brandon-built
@brandon-built Ай бұрын
I used a construction loan. Definitely didn't have a million saved
@winters4805
@winters4805 Ай бұрын
Just curious what do u have to do for living to be able to afford 1,1mil loan ? Those payments have to be massive…
@brandon-built
@brandon-built Ай бұрын
Wife and I are engineers/scientists.
@blakeshelton6646
@blakeshelton6646 3 ай бұрын
😔 'Promo sm'
@brandon-built
@brandon-built 3 ай бұрын
Why so sad 😭
@TheHoppter
@TheHoppter 3 ай бұрын
First off Congratulations on building the home because it looks amazing. My question on the garage is was HVAC the only reason it was cheaper? does it not cost towards the square footage. Do you have any heating/insulation in the garage?
@TheHoppter
@TheHoppter 3 ай бұрын
First off Congratulations on building the home because it looks amazing. My question on the garage is was HVAC the only reason it was cheaper? does it not cost towards the square footage. Do you have any heating/insulation in the garage?
@brandon-built
@brandon-built 3 ай бұрын
Thanks so much 🙏. Some people include the garage in the $/sf and some people don't, so I just included both calculations. In addition to missing heating, the garage is also missing finishes like flooring, trim, etc. it does have insulation though.
@TheHoppter
@TheHoppter 3 ай бұрын
@@brandon-built Thank you, I appreciate the answer
@brandon-built
@brandon-built 3 ай бұрын
@@TheHoppter you're welcome, any time!
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