Forum Replies Created
-
AuthorPosts
-
June 18, 2011 at 12:34 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #705363June 18, 2011 at 12:34 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #705724
an
ParticipantBG, how do you know the stuff inside the Crestview homes are fake or of low quality from just the pictures? BTW, I think “mission texture” is ugly as sin. I wouldn’t do it even if it’s free.
Let me repeat again, why don’t you compare apple to apple with regards to similar quality. Not all custom homes have top of the line everything and not all tract homes have cheap materials. You fail to account for the fact that with tract home, home builders will want a cut of the sell of the house as well. So, although you as a buyer of a tract home don’t have to pay for “design & engineering” cost like a custom home, you have to pay the builder for the profit they want to get from each house. A buyer of such custom home don’t have to pay that cost.
Let me be clear, I know and agree that the cost of building a custom home is MORE than a tract home. However, what I’m saying is, it’s not 2-5X more than a tract home. A 7000 sq-ft single story house custom built on a 4 acre lot in the covenant of RSF cost about 3.5M-4M depending on materials. I know this because I know someone who recently built such house on such lot in the covenant of RSF. If it’s a 5X more to build such a house than comparable tract house, then you’re saying a 7000 sq-ft tract house on 4 acre would only cost $700k-$800k? I call BS on that. Even a 4000 sq-ft Stonebridge with only 1/2 – 3/4 acre goes for over $800k.
It’s probably closer to 1.5-2X the cost depending on materials used, not 2-5X the cost. If it’s 5X the cost, then a comparable custom built house to a Stonebridge house (4000-4500 sq-ft on 1/2 acre) would cost $1.7M-4.2M to build. That’s where I call BS.
June 17, 2011 at 11:45 PM in reply to: OT – Who will run for President on the Republican side? #704443an
ParticipantI’ll vote for Gary Johnson.
June 17, 2011 at 11:45 PM in reply to: OT – Who will run for President on the Republican side? #704537an
ParticipantI’ll vote for Gary Johnson.
June 17, 2011 at 11:45 PM in reply to: OT – Who will run for President on the Republican side? #705132an
ParticipantI’ll vote for Gary Johnson.
June 17, 2011 at 11:45 PM in reply to: OT – Who will run for President on the Republican side? #705282an
ParticipantI’ll vote for Gary Johnson.
June 17, 2011 at 11:45 PM in reply to: OT – Who will run for President on the Republican side? #705642an
ParticipantI’ll vote for Gary Johnson.
June 17, 2011 at 11:38 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #704433an
Participant[quote=Nor-LA-SD-GUY2]Hmm, really not prepared to price it out for you, but Please try to buy a mountain top, haul utilities 500 yards or more, then blast the solid rock top off the mountain, and create a 1 acre pad, then get all the permits and after all that find a contractor (looking probably at 300 to 400K just to get that far, then find someone to build you a just plain home for less than 200 sqf.
Anyway goof luck.[/quote]
Does all custom homes require an undeveloped mountain top that require you to haul utilities up it and blasting solid rock top off the mountain? BTW, in this extreme scenario, I agree that it would cost you a lot to do that.Since there’s no undeveloped mountain top in San Diego, if you want to do such thing, you’ll probably have to go east. There’s a development in Sky Ranch in Santee that basically have the same type of location you’re talking about, but the lot are around 1/4-1/2 acre, not 1 acre. It’s CrestView development sells their 2400 sq-ft plan for ~$500k. So, assuming it cost a little less than $300k for a smaller pad + $200/sq-ft for a 2400 sq-ft house, the max cost for such custom home would be no more than $780k for similar quality. 60% more that comparable tract home, but it’s a far cry from 2-5 times more.
Here’s another new tract w/ similar spec you stated” http://www.theranchatvistagrande.com/home.php. On a hill (not quite mountain), 1+ acre lot, 3700 sq-ft in El Cajon. They’re asking for mid $700k to start. Assuming $400k to develop the land and add utility + $200 sq-ft for to build such house, we’re talking about $1.1M. That’s ~50% higher than comparable tract home, but it’s a far cry from a 2-5 times more.
BTW, $200/sq-ft to build a full house give you a pretty nice house. I recently just got a quote to do a bathroom + bedroom addition and the contractor estimate ~$150/sq-ft (because of the bathroom). If there’s no bathroom and just a big bedroom (same sq-ft), the estimate would be $100 sq-ft. Since the majority of a house is the bedroom/living room, the cost of those should be closer to $100 sq-ft than $150 sq-ft.
June 17, 2011 at 11:38 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #704527an
Participant[quote=Nor-LA-SD-GUY2]Hmm, really not prepared to price it out for you, but Please try to buy a mountain top, haul utilities 500 yards or more, then blast the solid rock top off the mountain, and create a 1 acre pad, then get all the permits and after all that find a contractor (looking probably at 300 to 400K just to get that far, then find someone to build you a just plain home for less than 200 sqf.
Anyway goof luck.[/quote]
Does all custom homes require an undeveloped mountain top that require you to haul utilities up it and blasting solid rock top off the mountain? BTW, in this extreme scenario, I agree that it would cost you a lot to do that.Since there’s no undeveloped mountain top in San Diego, if you want to do such thing, you’ll probably have to go east. There’s a development in Sky Ranch in Santee that basically have the same type of location you’re talking about, but the lot are around 1/4-1/2 acre, not 1 acre. It’s CrestView development sells their 2400 sq-ft plan for ~$500k. So, assuming it cost a little less than $300k for a smaller pad + $200/sq-ft for a 2400 sq-ft house, the max cost for such custom home would be no more than $780k for similar quality. 60% more that comparable tract home, but it’s a far cry from 2-5 times more.
Here’s another new tract w/ similar spec you stated” http://www.theranchatvistagrande.com/home.php. On a hill (not quite mountain), 1+ acre lot, 3700 sq-ft in El Cajon. They’re asking for mid $700k to start. Assuming $400k to develop the land and add utility + $200 sq-ft for to build such house, we’re talking about $1.1M. That’s ~50% higher than comparable tract home, but it’s a far cry from a 2-5 times more.
BTW, $200/sq-ft to build a full house give you a pretty nice house. I recently just got a quote to do a bathroom + bedroom addition and the contractor estimate ~$150/sq-ft (because of the bathroom). If there’s no bathroom and just a big bedroom (same sq-ft), the estimate would be $100 sq-ft. Since the majority of a house is the bedroom/living room, the cost of those should be closer to $100 sq-ft than $150 sq-ft.
June 17, 2011 at 11:38 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #705122an
Participant[quote=Nor-LA-SD-GUY2]Hmm, really not prepared to price it out for you, but Please try to buy a mountain top, haul utilities 500 yards or more, then blast the solid rock top off the mountain, and create a 1 acre pad, then get all the permits and after all that find a contractor (looking probably at 300 to 400K just to get that far, then find someone to build you a just plain home for less than 200 sqf.
Anyway goof luck.[/quote]
Does all custom homes require an undeveloped mountain top that require you to haul utilities up it and blasting solid rock top off the mountain? BTW, in this extreme scenario, I agree that it would cost you a lot to do that.Since there’s no undeveloped mountain top in San Diego, if you want to do such thing, you’ll probably have to go east. There’s a development in Sky Ranch in Santee that basically have the same type of location you’re talking about, but the lot are around 1/4-1/2 acre, not 1 acre. It’s CrestView development sells their 2400 sq-ft plan for ~$500k. So, assuming it cost a little less than $300k for a smaller pad + $200/sq-ft for a 2400 sq-ft house, the max cost for such custom home would be no more than $780k for similar quality. 60% more that comparable tract home, but it’s a far cry from 2-5 times more.
Here’s another new tract w/ similar spec you stated” http://www.theranchatvistagrande.com/home.php. On a hill (not quite mountain), 1+ acre lot, 3700 sq-ft in El Cajon. They’re asking for mid $700k to start. Assuming $400k to develop the land and add utility + $200 sq-ft for to build such house, we’re talking about $1.1M. That’s ~50% higher than comparable tract home, but it’s a far cry from a 2-5 times more.
BTW, $200/sq-ft to build a full house give you a pretty nice house. I recently just got a quote to do a bathroom + bedroom addition and the contractor estimate ~$150/sq-ft (because of the bathroom). If there’s no bathroom and just a big bedroom (same sq-ft), the estimate would be $100 sq-ft. Since the majority of a house is the bedroom/living room, the cost of those should be closer to $100 sq-ft than $150 sq-ft.
June 17, 2011 at 11:38 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #705272an
Participant[quote=Nor-LA-SD-GUY2]Hmm, really not prepared to price it out for you, but Please try to buy a mountain top, haul utilities 500 yards or more, then blast the solid rock top off the mountain, and create a 1 acre pad, then get all the permits and after all that find a contractor (looking probably at 300 to 400K just to get that far, then find someone to build you a just plain home for less than 200 sqf.
Anyway goof luck.[/quote]
Does all custom homes require an undeveloped mountain top that require you to haul utilities up it and blasting solid rock top off the mountain? BTW, in this extreme scenario, I agree that it would cost you a lot to do that.Since there’s no undeveloped mountain top in San Diego, if you want to do such thing, you’ll probably have to go east. There’s a development in Sky Ranch in Santee that basically have the same type of location you’re talking about, but the lot are around 1/4-1/2 acre, not 1 acre. It’s CrestView development sells their 2400 sq-ft plan for ~$500k. So, assuming it cost a little less than $300k for a smaller pad + $200/sq-ft for a 2400 sq-ft house, the max cost for such custom home would be no more than $780k for similar quality. 60% more that comparable tract home, but it’s a far cry from 2-5 times more.
Here’s another new tract w/ similar spec you stated” http://www.theranchatvistagrande.com/home.php. On a hill (not quite mountain), 1+ acre lot, 3700 sq-ft in El Cajon. They’re asking for mid $700k to start. Assuming $400k to develop the land and add utility + $200 sq-ft for to build such house, we’re talking about $1.1M. That’s ~50% higher than comparable tract home, but it’s a far cry from a 2-5 times more.
BTW, $200/sq-ft to build a full house give you a pretty nice house. I recently just got a quote to do a bathroom + bedroom addition and the contractor estimate ~$150/sq-ft (because of the bathroom). If there’s no bathroom and just a big bedroom (same sq-ft), the estimate would be $100 sq-ft. Since the majority of a house is the bedroom/living room, the cost of those should be closer to $100 sq-ft than $150 sq-ft.
June 17, 2011 at 11:38 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #705632an
Participant[quote=Nor-LA-SD-GUY2]Hmm, really not prepared to price it out for you, but Please try to buy a mountain top, haul utilities 500 yards or more, then blast the solid rock top off the mountain, and create a 1 acre pad, then get all the permits and after all that find a contractor (looking probably at 300 to 400K just to get that far, then find someone to build you a just plain home for less than 200 sqf.
Anyway goof luck.[/quote]
Does all custom homes require an undeveloped mountain top that require you to haul utilities up it and blasting solid rock top off the mountain? BTW, in this extreme scenario, I agree that it would cost you a lot to do that.Since there’s no undeveloped mountain top in San Diego, if you want to do such thing, you’ll probably have to go east. There’s a development in Sky Ranch in Santee that basically have the same type of location you’re talking about, but the lot are around 1/4-1/2 acre, not 1 acre. It’s CrestView development sells their 2400 sq-ft plan for ~$500k. So, assuming it cost a little less than $300k for a smaller pad + $200/sq-ft for a 2400 sq-ft house, the max cost for such custom home would be no more than $780k for similar quality. 60% more that comparable tract home, but it’s a far cry from 2-5 times more.
Here’s another new tract w/ similar spec you stated” http://www.theranchatvistagrande.com/home.php. On a hill (not quite mountain), 1+ acre lot, 3700 sq-ft in El Cajon. They’re asking for mid $700k to start. Assuming $400k to develop the land and add utility + $200 sq-ft for to build such house, we’re talking about $1.1M. That’s ~50% higher than comparable tract home, but it’s a far cry from a 2-5 times more.
BTW, $200/sq-ft to build a full house give you a pretty nice house. I recently just got a quote to do a bathroom + bedroom addition and the contractor estimate ~$150/sq-ft (because of the bathroom). If there’s no bathroom and just a big bedroom (same sq-ft), the estimate would be $100 sq-ft. Since the majority of a house is the bedroom/living room, the cost of those should be closer to $100 sq-ft than $150 sq-ft.
June 17, 2011 at 10:19 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #704408an
Participant[quote=bearishgurl][quote=AN] . . . I don’t buy for one bit that it cost 2-5 times to build a custom homes vs a tract home. The cost of permit can’t possibly be that expensive.[/quote]
It’s not just the permit, AN. It’s the finishes and hardscape/landscape you will have to use in order to conform (and compete) with the immediate area. And the finishes you will use on the inside to conform with your individual taste and also area values.
Who in their right mind would go thru the “custom build” process in CA on an inferior lot? Owners could just get a “spec” builder to build one of their 5-6 “stock” plans on an inferior lot or a lot in a “working class” area. There is no need to go through this bureaucratic hell if the lot isn’t “worth it.”
I think Nor-LA-SD-GUY2 is correct in his assertion that it costs two to five times as much to build a (quality) custom home over a tract home. It all depends on WHERE it is being built.[/quote]
Why don’t you try to compare apple to apple. EVERYTHING that you can put inside a custom home, you can put in a tract home. EVERYTHING you can do to the exterior of a custom home, you can you to a tract home. What make you think tract home only use the cheap stuff? You can’t say it cost 2-5 time more to build a custom home vs a tract home, then go on and list the finishes and upgrades that make it more expensive. By that same logic, a tract home that use higher interior/exterior finishes will cost 2-5 more than a custom home. In essence, what you’re saying is, a house that have higher end materials will cost more to build. That has nothing to do with custom vs tract but higher end taste vs lower end taste.June 17, 2011 at 10:19 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #704502an
Participant[quote=bearishgurl][quote=AN] . . . I don’t buy for one bit that it cost 2-5 times to build a custom homes vs a tract home. The cost of permit can’t possibly be that expensive.[/quote]
It’s not just the permit, AN. It’s the finishes and hardscape/landscape you will have to use in order to conform (and compete) with the immediate area. And the finishes you will use on the inside to conform with your individual taste and also area values.
Who in their right mind would go thru the “custom build” process in CA on an inferior lot? Owners could just get a “spec” builder to build one of their 5-6 “stock” plans on an inferior lot or a lot in a “working class” area. There is no need to go through this bureaucratic hell if the lot isn’t “worth it.”
I think Nor-LA-SD-GUY2 is correct in his assertion that it costs two to five times as much to build a (quality) custom home over a tract home. It all depends on WHERE it is being built.[/quote]
Why don’t you try to compare apple to apple. EVERYTHING that you can put inside a custom home, you can put in a tract home. EVERYTHING you can do to the exterior of a custom home, you can you to a tract home. What make you think tract home only use the cheap stuff? You can’t say it cost 2-5 time more to build a custom home vs a tract home, then go on and list the finishes and upgrades that make it more expensive. By that same logic, a tract home that use higher interior/exterior finishes will cost 2-5 more than a custom home. In essence, what you’re saying is, a house that have higher end materials will cost more to build. That has nothing to do with custom vs tract but higher end taste vs lower end taste.June 17, 2011 at 10:19 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #705097an
Participant[quote=bearishgurl][quote=AN] . . . I don’t buy for one bit that it cost 2-5 times to build a custom homes vs a tract home. The cost of permit can’t possibly be that expensive.[/quote]
It’s not just the permit, AN. It’s the finishes and hardscape/landscape you will have to use in order to conform (and compete) with the immediate area. And the finishes you will use on the inside to conform with your individual taste and also area values.
Who in their right mind would go thru the “custom build” process in CA on an inferior lot? Owners could just get a “spec” builder to build one of their 5-6 “stock” plans on an inferior lot or a lot in a “working class” area. There is no need to go through this bureaucratic hell if the lot isn’t “worth it.”
I think Nor-LA-SD-GUY2 is correct in his assertion that it costs two to five times as much to build a (quality) custom home over a tract home. It all depends on WHERE it is being built.[/quote]
Why don’t you try to compare apple to apple. EVERYTHING that you can put inside a custom home, you can put in a tract home. EVERYTHING you can do to the exterior of a custom home, you can you to a tract home. What make you think tract home only use the cheap stuff? You can’t say it cost 2-5 time more to build a custom home vs a tract home, then go on and list the finishes and upgrades that make it more expensive. By that same logic, a tract home that use higher interior/exterior finishes will cost 2-5 more than a custom home. In essence, what you’re saying is, a house that have higher end materials will cost more to build. That has nothing to do with custom vs tract but higher end taste vs lower end taste. -
AuthorPosts
