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cost build 3500 sq ft house?

#1 User is offline   dyhppy 

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Posted 17 August 2007 - 03:27 AM

talked to a guy today and he said $300 per sq ft for a nice place=near 1 mill just to build a place. sounded crazy to me. anyone know how much it should be or was he right?
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#2 User is offline   tooshay 

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Posted 17 August 2007 - 03:30 AM

that's insane! sounds like rip off unless you want the best marble, wood, cement...etc. the average cost is about 100 per sq.ft. that's what most builders are quoting my family.

#3 User is offline   dyhppy 

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Posted 17 August 2007 - 03:44 AM

would 100/ sq ft be valid for 2 stories?

This post has been edited by dyhppy: 17 August 2007 - 03:44 AM


#4 User is offline   MajorHavoc 

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Posted 17 August 2007 - 04:15 AM

$300/foot is realistic.
However, there are so many factors, there is no way to just throw out a number without reviewing plans and spec level.

Give your plans to a few general contractors to bid on. They will tell you what it would cost to build your house!

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#5 User is offline   dyhppy 

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Posted 17 August 2007 - 04:22 AM

i dont have any plans, just trying to get an initial idea. how can someone afford to build 1 million buck house? the house plus the lot would be like 3 mill if sold.

#6 User is offline   radcliffe1 

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Posted 17 August 2007 - 08:48 AM

Like the Major said so many factors. Land cost is just as wild.
Palisades 1.5 gets you a smallish lot.
Canoga Park 700k for same size.

I heard of 120 to 475 per sq. foot for house alone.
Farm house to Persian palace.

What are you going to do we're in LA-LA Land

#7 User is offline   714s2k 

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Posted 17 August 2007 - 10:36 AM

Quote

$300/foot is realistic.
However, there are so many factors, there is no way to just throw out a number without reviewing plans and spec level.

Give your plans to a few general contractors to bid on. They will tell you what it would cost to build your house!

:iagree:
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#8 User is offline   S2000Patrick 

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Posted 17 August 2007 - 10:48 AM

A friend of mine built a 3500 sq ft house in Redondo beach. He was shooting for 120-150 per sq ft, it ended up more like 250-300 per sq ft when he was done. I think 300 per sq ft is a bit hight to start, but the average of 100 per sq ft stated earlier in this thread is impossible. Contractors usually bid low to get the job, then price goes up from there depending on scheduling, weather delays, material cost, labor cost and many many other things.



#9 User is offline   CynCrvrAP1 

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Posted 17 August 2007 - 10:51 AM

I actaully am in the process of making an offer on two .25 acre lots towards to the top of Topanga Canyon. What you need to consider is the correct area you are going to build in and how the current market is. There are alot of alternitives in that alone that you need to consider, but that what is going to determine your cost etc.. It's quite obvious that you want to build in an area that has some value etc. IMO what you should look to expect to spend is around 250-400. Thats just being real with you. What many people don't understand is that labor in itself is the most expensive part of construction and eats most of the money up.

You got to consider your alternatives too when it comes to material. For example types of flooring and types of roofing materials. I'm looking to spend approximately 500k to build one house, but the current market and value of the houses im building around are all above 1.5 million. We are talking 4 bedroom 3500sqft. Although the houses im gonna build are going to alot diffrent. I'm building two Green houses and the market for these houses is unbelievable and i can expect to move this house fairly quickly.

#10 User is offline   ladius 

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Posted 17 August 2007 - 11:08 AM

Quote

I actaully am in the process of making an offer on two .25 acre lots towards to the top of Topanga Canyon. What you need to consider is the correct area you are going to build in and how the current market is. There are alot of alternitives in that alone that you need to consider, but that what is going to determine your cost etc.. It's quite obvious that you want to build in an area that has some value etc. IMO what you should look to expect to spend is around 250-400. Thats just being real with you. What many people don't understand is that labor in itself is the most expensive part of construction and eats most of the money up.

You got to consider your alternatives too when it comes to material. For example types of flooring and types of roofing materials. I'm looking to spend approximately 500k to build one house, but the current market and value of the houses im building around are all above 1.5 million. We are talking 4 bedroom 3500sqft. Although the houses im gonna build are going to alot diffrent. I'm building two Green houses and the market for these houses is unbelievable and i can expect to move this house fairly quickly.

Sounds interesting. Are you going to keep a blog on your home building projects? if so, please share your web address!

#11 User is offline   CynCrvrAP1 

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Posted 17 August 2007 - 11:21 AM

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Sounds interesting. Are you going to keep a blog on your home building projects? if so, please share your web address!

Yeah, i'm going to try out alot of "new things" that existing developers are scared to try. This ranges from a new structural system(no conventional wood framing) to natural lighting and ventilation, solar panels etc. My goal is to develop a house that is more self reliant than dependent upon the earths resources. Iwant to create an off grid system for energy and do alot of little things that are evironment friendly. Can you imagine providing energy for yourself for the whole year recieveing a tax break and then being able to actaully sell some energy back to a main grid? The technology is out there, its just that builders are scared to try and develop something they have no clue on ;) I have created several concepts and will post them later so you can get an idea of my concept etc.
btw, this is an investment and side project for myself and several other individuals so i am hoping to land this property so i can have the oppurtunity to develop both lots. It should be fun :hello:

#12 User is offline   ladius 

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Posted 17 August 2007 - 03:34 PM

sounds great. are you having custom plans from an architect or prefab? I want to do the same thing, for my family to live in tho, and am looking for land in the SFV. these things interest me and I'd love to see a local, real project taking shape. best wishes!

#13 User is offline   SUH 

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Posted 17 August 2007 - 03:59 PM

I just purchased a piece of land out in palmdale (2 acres) for $230k and the actual cost to build the home is gonna run me around $400-450K b/c the future buyer will get to choose what type of upgrades they would like (granite countertop, pool, stanless steal fridge, etc..) .. but the home itself will have all the top of the line equipment - i.e. open the garage, turn on tv, turn on AC, activate alarms, lights etc.. all from your car. House will be between 3,250-3,500sqr. ft. when its all said and done with 3 car garage.. best part is not a cent out of my pocket and profit is there. Once the construction starts the home itself should be done within 3-4 months time.

I guess its different if your going to build for personal use (i.e. make it a primary residency) or sell it for investment purposes. But if its for investment make sure you dont spend a dime of your own money. :thumbup:

If you need some contacts like builder , construction loan officer , etc... let me know .. the guy building my house is awesome and knows his stuff.

I work for a Title company also so I can hook you up with Title.

#14 User is offline   IntensS 

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Posted 17 August 2007 - 04:25 PM

I'm licensed in General Contracting, and he's more then likely referring to the property + land. If he wants to charge 1mill for 3500 square feet for a bench mark layout, which is about 4 ~ 5 bed rooms and 3 ~ 4 baths thats absurd, ALWAYS get more then 5 quotes before signing that dotted line, even though it saddens me to say such things when I may be ONE of those bids, but its the truth to shopping for construction.

#15 User is offline   dyhppy 

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Posted 17 August 2007 - 04:48 PM

thnx SUH

good info

#16 User is offline   hapybrian 

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Posted 17 August 2007 - 07:56 PM

Quote

btw, this is an investment and side project for myself and several other individuals so i am hoping to land this property so i can have the oppurtunity to develop both lots. It should be fun :hello:

:thumbup:
That sounds great. I'd love to do something like that someday (when I'm rich
and famous).

Being off the grid and then charging your Tesla with zero emissions electricity...
Wow. :eek:

:hello:
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#17 User is offline   CynCrvrAP1 

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Posted 17 August 2007 - 10:25 PM

[QUOTE=ladius,Aug 17 2007, 12:34 PM] sounds great.

#18 User is offline   dyhppy 

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Posted 18 August 2007 - 01:58 AM

whats the cost of the solar panels?

#19 User is offline   CynCrvrAP1 

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Posted 18 August 2007 - 02:00 AM

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whats the cost of the solar panels?

It all depends on size etc. If your really interested in finding a price ill try and pull something up :thumbup:

#20 User is offline   farmer 

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Posted 18 August 2007 - 03:15 AM

i think the cost is around 100 dollars per sq.

This post has been edited by farmer: 18 August 2007 - 03:17 AM


#21 User is offline   ladius 

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Posted 18 August 2007 - 06:22 PM

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im doing the plans myself im the sole designer of my projects.
hHere are some concepts im still working with but you get the idea :thumbup:
Keep in mind i'm still a student finshing my degree (slowly) ;)

very nice. are you an architect? looks like it's on a steep hillside tho.

#22 User is offline   CynCrvrAP1 

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Posted 18 August 2007 - 10:38 PM

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very nice. are you an architect? looks like it's on a steep hillside tho.

I'm a Designer. Yeah this is a current project im working on Near Beverly Hills West Hollywood area thats on the mountain side. Just a couple different concepts. :thumbup:

#23 User is offline   Kodokan_4 

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Posted 19 August 2007 - 12:54 AM

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IMO what you should look to expect to spend is around 250-400. Thats just being real with you.

I'm looking to spend approximately 500k to build one house, but the current market and value of the houses im building around are all above 1.5 million. We are talking 4 bedroom 3500sqft.

-Pete

If you are building a 3500 sqft home for $500,000 - isn't that about $143 per sqft?

That's a big difference from $250 - $400 per sqft.

-Pete :confused:
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#24 User is offline   CynCrvrAP1 

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Posted 19 August 2007 - 09:35 AM

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If you are building a 3500 sqft home for $500,000 - isn't that about $143 per sqft?

That's a big difference from $250 - $400 per sqft.

-Pete :confused:

You are correct but i'm talking approx. numbers and i mistakingly threw that out there. ;) without actauly sitting down and doing any calculations. The diffrence being is that since i've been in the business for quite some time, i have managed to build some relationships with individuals that will cut my cost. Not only that but i'm building 2 houses ;) So my actual cost will vary. This all depends on materials etc.
Now, since i'm building a green house i'm trying to recieve a sponsorship on the items i plan on using and getting a discount. What people don't realize is that alot of green companies are trying to push their product and need people to build with them in order to get their item out there. Alot of these companies are willing to take a huge discount of their product if your willing to advertise for them. Thats what i plan on doing. Structurally i'm using a system called LOGIX. It's a building system that uses blocks (no wood) and it is 50% quiter, 8X stronger, produces 8 tons of less emissions anually, easier to build, and will cut you energy cost by 70% a year. There is alot to be considered and when its actaully all laid out on plan, thats when you can expect to start narrowing down on numbers :thumbup:

#25 User is offline   Kodokan_4 

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Posted 19 August 2007 - 12:38 PM

I'm also very interested in the costs of building a new home.

I'm currently designing a 2-story 1200-1600 sq/ft home to build for myself.

My plan is to demolish the house and garage I have now and start fresh. I don't think I can save any of the old house, so it will be all new construction.

I want to have the new house built to the finished drywall, with floors, rough electrical and plumbing - and then I will finish the rest. I'm very good at finish carpentry, appliance installation, painting, etc, and I would prefer to do it myself. (Although I wouldn't try it on a large house.)

I know it's difficult to get any realistic kind of estimate without knowing EXACTLY what you want. For now, I'm using an old "Virtual Home" CD from 1998. :rolleyes:

-Pete :hello:

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