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The Real Cost To Build A House | Custom Luxury Home Edition

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  • Опубликовано: 17 авг 2024
  • Want More Luxury Home Design ideas? Check out Luxury homes we build at emmettleohomes...
    Have YOU ever wondered how much a luxury home costs? Those gorgeous mansions that you drive by? Maybe even one that you want to build? How are all those numbers added up?
    This video gives you a quick and easy way to estimate your luxury home build, but also dives in deeper if you want to watch longer and learn from one of the best.
    Price per sq ft, systems breakdown, budgeting, and even some traps to avoid, this video covers a real life example of building a home and what it costs, and provides ACTUAL numbers for you to follow along with.
    Chapters
    0:00 Intro
    2:25 Initial Budgeting
    4:06 Initial Line Item Breakdown
    8:00 Detailed Budget: Planning and Site Prep
    10:10 Foundation
    11:42 Framing
    12:38 Exterior Finishing
    14:28 Mechanical (HVAC and Electrical)
    16:19 Interior Finishing
    17:07 Finals
    ▶ Check out my gear on Kit: kit.com/Daniel...
    Planning on building or renovating? Get your free LUXURY HOME PLANNING GUIDE at Emmettleohomes.com
    Emmett Leo Homes is a luxury custom home builder in Winnipeg, Mb. Come with us on a fun journey of building, and renovating custom luxury homes. From multi-million dollar home builds, to massive luxury flips, Emmett Leo Homes is giving you an insiders look into the world of luxury homes, offering tips, tricks, insider looks and inspiring ideas.
    EmmettLeoHomes...​
    Dan Nagy is the founder of Emmett Leo Homes, entrepreneur, investor, and a retired City Firefighter. After a catastrophic, near career-ending injury, Dan focused his energy into creating the most exclusive luxury building company, using all of his experience in building and renovating profitable luxury spec homes. Learn more about Dan in the link below.
    emmettleohomes...
    Follow me at:
    Pinterest: www.pinterest....
    Houzz: www.houzz.com/...
    Instagram: / emmett.leo.homes
    Twitter: / emmettleohomes
    Facebook: / emmett.leo.homes
    Website: EmmettLeoHomes...

Комментарии • 84

  • @alexbanks7115
    @alexbanks7115 3 года назад +9

    Hey Mr Nagy,
    Great to see you posting I always look forward to your videos. Great video if just a little depressing, looks like I'm going to need more money than I thought lol. Very helpful though. I hope you and your family are well. Hope you much success in 2021!

    • @EmmettLeoHomes
      @EmmettLeoHomes  3 года назад

      Hey Alex, awesome to hear from you.
      Yeah, these luxury homes have some amazing features and we’re very lucky to be working with a lot of great clients that appreciate the value that our team brings. And don’t worry, you’ll get to wherever you need to be. Hopefully you’ll be building in Winnipeg. Hahaha. Take care!

    • @alexbanks7115
      @alexbanks7115 3 года назад +1

      @@EmmettLeoHomes
      I never would doubt the value your team and or the value of great home builders bring to a project. If was building in Winnipeg you would hands down be the builder I would choose your homes are beautiful and high quality but most importantly we have a relationship and you exude honesty and professionalism. I’m not even a client and you always take the time answer posts and questions. I would definitely trust you to build my home. So if you open a company in the Austin area of Texas before I start my build. It would be a privilege to have you build my dream home. In the mean time I will continue to follow your channel and look forward to your postings.

    • @EmmettLeoHomes
      @EmmettLeoHomes  3 года назад

      That means a lot. We really appreciate those kind words!

    • @Fairhboundfarms
      @Fairhboundfarms 3 года назад

      Yeah cool

  • @darrylhenry3793
    @darrylhenry3793 3 года назад +11

    Thanks Emmett, I’m learning a lot! I plan to jump in the game soon. I work for a lumber company and I know I can get my material cost down. I think building is a fit for me.

    • @EmmettLeoHomes
      @EmmettLeoHomes  3 года назад +1

      That’s great man! It’s all about learning about how to build well and getting into the game! You got this.

  • @brendawheeler975
    @brendawheeler975 10 месяцев назад

    I'm a new subscriber, what a great video, very informative. Thanks😊

  • @Bubbatheeking
    @Bubbatheeking 3 года назад +2

    Awesome content. Keep up the great work.
    From one Winnipegger to another!!

  • @ahmadfarahani9588
    @ahmadfarahani9588 Год назад

    Great job! Watched both videos the 2200 ex and this one.

  • @ErinStetzerHomes
    @ErinStetzerHomes 2 года назад

    Love that you're sharing the numbers - it gets real FAST, doesn't it?! :)

  • @kolohe2790
    @kolohe2790 2 года назад

    We need you in Southern California! Everything is astronomical here~...

  • @gregkirby9059
    @gregkirby9059 Год назад

    what about building a mansion with 8 concrete boxes connected to a glass and steel bridge which that is connected to a long glass and steel bridge hallway standing over a pond????

  • @antonbriggs5680
    @antonbriggs5680 2 года назад +1

    i think its funny you have to explain that yes contractors need to make a profit like we are supposed to work just for beer 😂

    • @mawga18
      @mawga18 Год назад +2

      People are cheap and always want a deal. Most things of quality are expensive.

  • @MrBigboimack
    @MrBigboimack 2 года назад

    Very informative

  • @StardustMonkey
    @StardustMonkey 2 года назад +2

    We can’t seem to get under $370 per foot in the SF Bay Area for a low end no frills build project… mostly due to labor costs but also due to product companies raising cost based on zip code

    • @EmmettLeoHomes
      @EmmettLeoHomes  2 года назад

      Yes, prices have been on the rise for everything! However, it’s more about material shortages and lead time than anything else right now. Prices have come down substantially, but lead time are still incredible.
      Next weeks video is about what building right is like and what to consider during these weird times.
      Thanks for watching!

  • @NotMitch69
    @NotMitch69 2 года назад

    Fantastic.

  • @vladtheimpaler3625
    @vladtheimpaler3625 3 года назад +1

    Is there any builder in Canada that is able to build Medeiterranean style home?

  • @AngelDustOfficial
    @AngelDustOfficial 3 года назад +3

    Thanks for sharing! I'm jumping the gun a bit and seeking much needed info for the ease of a down the road project/process. I see my question answered below, "Do/Will you build in another state"(Indiana). I wondered if preferred builders were for hire if the price was right(Or could recommend a trustworthy comrade). I understand that would be a lot of demand. I've subscribed to keep learning, for comparison(s) and overall knowledge. Thanks again!

    • @EmmettLeoHomes
      @EmmettLeoHomes  3 года назад +1

      No one in Indiana that I know of or can recommend. Doesn’t mean there aren’t amazing builders.
      Here’s a video I made on how to choose a builder: ruclips.net/video/BYIvoLZp0lw/видео.html

  • @thisseason1
    @thisseason1 4 месяца назад

    Will your company extend their luxury services to development projects in Michigan?

    • @EmmettLeoHomes
      @EmmettLeoHomes  4 месяца назад +1

      Yes. We do offer Client Representative services for those outside our building area where we work with the client to design, plan and coordinate with the local trades.

  • @salr2535
    @salr2535 3 года назад +1

    can you do a video on considerations taken when building a house where a septic and well is needed.

  • @peteolesen265
    @peteolesen265 7 месяцев назад

    I always wonder about the resale value of these very high end homes. They are very impressive, but if I can spend that kind of money, why would I buy someone else’s vision ? Certainly, there is an advantage of time, but I would think the potential buyers would be few and far between. Because of economics, you are starting out with less than 5 percent of home buyers. After the 5 percent hurdle, you have to find some who has your exact taste. Not a problem I will personally have to solve, but always makes me wonder.

    • @EmmettLeoHomes
      @EmmettLeoHomes  7 месяцев назад

      Time is the only non-renewable. Don’t underestimate that for the wealthy.

  • @ivanstiger2399
    @ivanstiger2399 3 года назад +2

    How much cash do you need to have on hand before starting the build? What about cash on hand needed for a standard build?

    • @EmmettLeoHomes
      @EmmettLeoHomes  2 года назад

      Here’s a video I made for you. Thanks for watching. ruclips.net/video/k9LdIQ5-gQE/видео.html

  • @delaliahiahornu5326
    @delaliahiahornu5326 3 года назад

    great content, well done

  • @ktkl68
    @ktkl68 3 года назад +1

    Westchester resident here. Our house is brick on brick colonial. My dream would be to build a steel frame 12ft ceiling basement - 2nd floor, open floor plan house. I would like exposed steel beams both inside and outside. I’ve been told it will cost from a lot to too much unless it will be my forever home.

    • @EmmettLeoHomes
      @EmmettLeoHomes  3 года назад

      That sounds amazing. Thanks for watching!

  • @gregkirby9059
    @gregkirby9059 Год назад

    concrete and steel framing?

  • @diamantshala9824
    @diamantshala9824 2 года назад

    you mentioned 1000 per sq ft or sqm, how much could it cost per sq ft if you really spared no expense(bookmatched marble....something modern and tasteful) and not including the land,i live in a cheap land country?

  • @hydrozyk
    @hydrozyk 2 года назад

    Do you build timber frame houses? They are grate for Canadian climate. I wonder how much it will be to build one of those.

  • @michaelfrederick7546
    @michaelfrederick7546 2 года назад

    I love these videos!!!!

    • @EmmettLeoHomes
      @EmmettLeoHomes  2 года назад

      I love that you’re watching them! Thanks for following!

  • @SheBuildsInc
    @SheBuildsInc 3 года назад +1

    Could I interview you in a recorded Zoom for my construction students? You could give them great insight.
    Focus - Estimating/Residential Construction.

    • @EmmettLeoHomes
      @EmmettLeoHomes  3 года назад +1

      Contact me at admin@emmettleohomes.com

  • @zackaryapperson7219
    @zackaryapperson7219 2 года назад +1

    Is brick more expensive than using wood or do you still have to use wood mostly even when building with brick walls etc?

  • @MsStudyroom
    @MsStudyroom 2 года назад

    I was going to attempt having my home custom built.but after this reality check I doubt it.

    • @EmmettLeoHomes
      @EmmettLeoHomes  2 года назад

      Prices are still climbing. It’s important to know exactly what you’re getting into! Thanks for watching!

    • @kriskyandii
      @kriskyandii 8 месяцев назад

      I thought the same thing but Don't lose hope❤

  • @narutojph
    @narutojph 2 года назад

    What if you don't what to use timber framing at all, and instead use masonry for the entire house? How much is the cost affected?

  • @JamesBond15
    @JamesBond15 3 года назад

    Will you share who is selling Zip system in Wpg?

    • @EmmettLeoHomes
      @EmmettLeoHomes  2 года назад

      It's available through Taiga. You might need a supplier/lumberyard account to get it. Thanks for watching!

  • @habiberezaee2723
    @habiberezaee2723 3 года назад

    Finally Price please????

  • @Mattys556
    @Mattys556 3 года назад

    Do you help people outside of your area? Or do you recommend working with someone within the area you live?

    • @EmmettLeoHomes
      @EmmettLeoHomes  2 года назад

      We are currently helping as owner reps for people outside our area. But the actual builders and trades will be from your area.

    • @Mattys556
      @Mattys556 2 года назад

      @@EmmettLeoHomes thats great. Do you have a website i can reach out too?

    • @EmmettLeoHomes
      @EmmettLeoHomes  2 года назад

      @@Mattys556 EmmettLeoHomes.com

  • @SauloMogi
    @SauloMogi 2 года назад

    is a cement house less expensive than a wood house?

  • @greg.anywhere
    @greg.anywhere 3 года назад

    Is it possible to build a home based on an existing one?

    • @EmmettLeoHomes
      @EmmettLeoHomes  2 года назад

      Anything is possible. But might be more expensive than actually worth it.

  • @DK-vx5co
    @DK-vx5co 2 года назад

    I'm not a mathamagician, but how did you get a build budget of $2.8 mil? $4mil - $1.5mil for lot = $2.5 mil - 30% (5% + 10% +15%) = $1.4 mil.

    • @EmmettLeoHomes
      @EmmettLeoHomes  2 года назад

      It said 1.2mil to 1.5mil for the land. Ours was 1.2mil. (4 million - 1.2 million is 2.8 million). Thanks for watching.

  • @prestondugas7448
    @prestondugas7448 3 года назад

    What is the contingent cost? Is that for unforeseen circumstances?

    • @EmmettLeoHomes
      @EmmettLeoHomes  2 года назад

      Normally 10% if the estimate is class B and A. Higher for rougher estimates. Is can decrease as the estimates get more granular. Make sense?

  • @AmirKhan-xn3tg
    @AmirKhan-xn3tg 3 года назад

    Good info man, appreciate it!

  • @extraclip
    @extraclip 3 года назад +1

    Great vid! Whats a good builder in Ontario?

    • @EmmettLeoHomes
      @EmmettLeoHomes  3 года назад +2

      Make sure you are subscribed as the next video is about "How to Choose a Great Homebuilder". Thanks for watching!

    • @EmmettLeoHomes
      @EmmettLeoHomes  3 года назад +3

      ruclips.net/video/BYIvoLZp0lw/видео.html

  • @farrahvee
    @farrahvee 2 года назад

    I'm from Ontario canada, want to build a home 4200 sqft , inflation is not good 4 building

    • @EmmettLeoHomes
      @EmmettLeoHomes  Год назад

      Nope. Building is expensive. Coming down, but still not considered "inexpensive" by any means.

  • @corysimmons455
    @corysimmons455 2 года назад

    Do a 10,000 square footage luxary home or 12,000 square footage house you always do the bare minimum with porches

  • @deepfriedcherrypie5366
    @deepfriedcherrypie5366 3 года назад

    I want a 10,000 sq foot luxury home for 1 bitcoin. How many years must I wait?

    • @llunatiic2452
      @llunatiic2452 3 года назад

      depends on your location and how much higher bit coin is going to rise in the future.

  • @kyrasloane4847
    @kyrasloane4847 2 года назад

    How to afford this though?? Even if it's a $600,000 home

    • @EmmettLeoHomes
      @EmmettLeoHomes  2 года назад

      Prices are only going up. Material pricing is insane, and the the power of the dollar keeps going down.
      It’s unfortunate but it’s reality.
      Thanks for watching!

  • @alanhong6312
    @alanhong6312 Год назад

    If you can build a luxury custom home (6,000 to 7,000 sf) for CAD $350/ft (excluding land) in Southern California then please reach out to me. I will pay you that all day.

  • @MrPrentissDJones
    @MrPrentissDJones 2 года назад

    Is he a consultant, like what if you hired him to counter balance with someone else is saying that in your face taking your money

    • @EmmettLeoHomes
      @EmmettLeoHomes  Год назад

      Yes, that is considered a "Client Rep". It's a great idea to have one if you don't know your builder or have a non-transparent builder.

  • @nadeemca6978
    @nadeemca6978 3 года назад +1

    Do you all so work in GTA ?

    • @EmmettLeoHomes
      @EmmettLeoHomes  3 года назад +1

      No. Unfortunately we are only in Winnipeg, Mb. Thanks for watching!

  • @tenzackyogi1742
    @tenzackyogi1742 3 года назад

    Cost of 5 millions building has its annual property taxes 10%.lol . Unless you do under-evaluation..

    • @EmmettLeoHomes
      @EmmettLeoHomes  2 года назад

      Depends on where you live. Thanks for watching.

  • @lonedreamer6084
    @lonedreamer6084 2 года назад

    Stop chirpping him in the comments.