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BUILDING A HOME IN FLORIDA. New Construction Cost and Builders Discussed
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- Опубликовано: 17 авг 2024
- Building a home in Florida can be overwhelming and building a home in 2021/2022 has become even more challenging. Today's Video dives into New construction costs and processes and I specifically discuss a number of New Construction Builders.
00:00 Intro
1:48 The Process
3:32 DR Horton
4:47 Lennar
5:17 Neal Homes
6:00 DiVosta, Mattamy and M/I Homes
7:25 Toll Brother and Taylor Morrison
10:14 Lee Wetherington and Arthur Rutenberg
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It's just crazy how the market is these days. When we purchased our home many years ago, we got everything that the builders are not offering these days, which was standard such as garden tubs, double ovens, granite. etc. I just don't understand how people are buying these over prices homes especially if working in Florida.
Thanks for watching!
People are desperate and not doing their homework. The realtors aren’t helping because they just want a sale. No one is talking about the home insurance crisis in Florida either. It’s really serious. What will happen is everything will come crashing down and home buyers will get screwed.
This is very good advice.
Builders were encouraging bidding wars. Now people are trying to get out of the deals made over the last few months. There will be bargains soon.
Lisa, great video to start with. I haven't yet looked at anything else you may have posted, but my thought is that it would be a nice addition to include a video on what to expect when working with good builders vs. what to expect when working with bad builders as well as the difference in customer service and quality service between locally-based builders vs. nationally based builders. Also mentioning the advantages/disadvantages (if any at all) to already owning land as opposed to buying a house in a subdivision would be helpful. Thanks!
I meant to add that this would be a great time to mention the builders you like in particular, and what, specifically, you like about their work. Of course, that could be another video in and of itself.
Thank you for the overview of builders in Florida.
Thanks for watching. If you have questions please let me know.
Extremely honest conversation. Thanks
Thank you. I appreciate you watching and if you have any questions on builders please let me know.
If you have questions about another builder please feel free to reach out. Thanks for watching!
What about Calesa in Ocala?
Great guide - I would like to build my home in Florida without using wood and drywall. I like the concrete block in external and internal walls. I am not sure how to put the insulation to external homes and yet have the home fire proof - I have seen a double concrete block wall and insulation between the blocks; seems like very expensive option to put double concrete block wall. Do you have any other proposals of how to build concrete home without wood and drywall and still get high R value insulation incorporated in the project (except the ICF, I heard that termites eat through ICF, besides ICF burns)? For the roof, I would use steel frame and instead plywood and shingles I would like to have insulated steel roof panels with R-50 value; so the attic would be very insulated. Do you think that can be done in Florida? I have seen videos of those insulated roof panels used in Arizona. Lastly, would you suggest a home builder who can build a home like that in Tampa Bay area but cost effectively so the per square feet price is comparable to homes build by DR HORTON? Couple years ago, I have reached out to one contractor, and he said custom homes are not cost efficient to build.
There is a universe of miseries documented on the internet about Lennar. I was really interested in that builder after walking through a couple of their projects. My goal was to look into reviews and believe me there is a lot of reviews about Lennar. People have even made You Tube videos about their Lennar nightmare. There was one website that alleged there was a mountain of evidence that resulted in class action lawsuit pending against Lennar. It is a real shame too, they looked like nice houses.
One of the biggest builders in the nation is building low quality homes. Their homes are built with the least expensive materials.
The stucco is made out of thin layer. Roofs are often uneven and made from the cheapest material. Interior paint is a water based paint without primer. The interior doors are made out of cardboard. The stainless steel appliances are the lowest grade. Everything is made for the looks. The sales prices are high, the HOA fees are high.
I don't know any real estate agent that purchased a house like that.
Thank you 🙏 I am looking forward visiting builders .great timing before my up coming trip.
Best Regards 👍
That is great. If I can be of any help just let me know.
Your the best at explaining things
Thank you. That is very kind of you to say. Thanks for watching.
Good information : now I know my future competitors
Thanks for watching!
Any reason why John Canon was not mentioned? He usually builds around the same locations as Rutenberg and Whererington?
No, I love John Cannon. Sometime we just miss someone or gets forgotten while filming.
@@LivingInSarasota Out of those three luxury builders which one would you choose to build your home ?
Hi Lisa, thank you for all info.I purchased last year lot in Burnt Store Village(Punta Gorda) and I am looking for builders.😀
Yup 1 point is very valid. Builders are misleading. They say a home is one price but then their only offering quick move ins and they are over 100k the starting price for the base house.
Great points. Thanks so much for watching!
I will be retiring in about 3 years I think I will wait and pick up a home when things cool down. Like the Prices!
Give me a call when you are ready! Id love to help. Thanks for watching!
Great content!
Thank you.
Thank you for this clinical information, this is something we need more of.
Glad it was helpful! Thank you so much for watching!
Thank you for the video. I will say, though, the video's title, "Do No Buy New Construction" is not what the video is actually conveying. It makes the title to appear to be click bait.
Thank you for the comments. We take them all serious and consider what is being portrayed between title and the thumbnails.
It is a tough time with delays. Our windows were ordered in May 2021, still not delivered. I don’t know when we will move in. They have kept progress up by wrapping the house, trying to stay grateful.
Wow, it is a long process these days. I am sure builders hate these delays as well. Hopefully soon!
I wish you were in the Orlando or winter garden area and would do a video on builders!
Thank you. Ken Pozek is a realtor in Orlando that does amazing video’s and I think you may find those helpful.
@@LivingInSarasota I may have to suggest he do a video like this one! I felt it was very helpful.
Hi. Interesting video. Was wondering if you could suggest a book on how to invest with new construction
Chose a house over 6 mo ago new builder locked in price they are now higher priced homes same models so they are building faster for the higher priced and delaying mine even though I already sold my home market was slowing where I lived. Not very happy...
the bidding process with builders i really dislike, because more builders are doing it and its just as competitive as buying an existing home.
I agree with that.
What are your thoughts on David weekly Homes, from what I understand they are the largest privately owned builder in the country and building near Payne Park and other locations in the area
I am a fan of Davis Weekly. Great layouts and finishes. And yes, he is building Park Park Village and also in Laurel Park.
Informative video, but the prices for these homes are ridiculous.
yes, Sarasota is HOT market and price are up 19%+
Totally agree. Realtors and builders have created a frenzy to find the next sucker. This happened during the housing bubble in 2006. Lots of people got screwed.
Its late April 2022 and the hedge fund people are buying lots and homes like crazy. Many home sites have the block walls up and sit idle for months. Who knows on the builders choice & track record. Plus so many home builders went over budget the new built home is unsellable for a profit because of skyrocketing materials prices.
Great video!!
Thank you. I appreciate you watching and reaching out.
No mention of Pulte?
I do really like Pulte Homes and although they were not mentioned I would highly recommend them.
@@LivingInSarasota Thank you. We bought one of their homes about a year ago.
How's Adams builders? I have an appt to look at some new construction, but then I saw a youtube vid about them specifically which caused me concern. Would love your honest opinion.
I am actually not as familiar with them. Where is the house located?
I have an Adams...my 2nd. I love them. I think they are trying to take on a more upscale approach but with affordability.
what about on my own 5 acre lot. Away from all the people walking to the "Community Amenities"?
If you have your own 5 acres I think it is wonderful and there are terrific builders that would love to build you a home.
@Lisa McBride; who are some of the terrific builders you recommend for landowners interested in building in the area?
Is it more expensive to do new construction or tear down and build? Around the $475-$500k price range 2500sq?
You would not be able to find a lot or builder that could do that for 475,000-500,000.
By all means hire an expert Realtor to guide you thru the home building process.
Many of them have actually had relatives who were either builders or worked for one while going to college. lol
Hi Lisa great information in your videos.What do you think about Kolter homes .Im having a house built in Cresswind in Westlake
Excellent builder! Thanks for watching!
We bought resale!
Your thoughts on Pulte?
I like Pulte homes. They are building Sapphire Shores which is nice and will have other new developments coming at end of year.
How about the structure quality?
Love your videos!
Can you provide feedback on KB Home, specifically in the North River Ranch area?
Around minute 3:00 you said lot cost more than $100k than the starting price. 1) what was the asking price of the lot 2) how big is the typical home? 3) price of the house? I am in an affordable neighborhood in L.A. lot cost around $200k. A new construction with 2000 sqt selling around $ 1.4 M
Well, I can't speak about the Sarasota area, but here in Palm Beach County, I see very small lots (25 wide and 75 feet deep) go for 90K and then a tiny house cost $250 to build. It takes them about 7 months to complete.
@@spirittammyk Thanks. How much the tiny house will sell for. With similar size lot and around 1000 sqt selling for 900k here in L.A.
@@danpan001 399,000. In Wellington, the older homes are going for under $400,000, but you better make sure to get them inspected because they might have mold issues.
@@spirittammyk let's say a new construction with 1200 sqt feet 3 bedroom 2 bath. How much it can sell for?
@@danpan001 I don't know right now. All the new construction was already bought and paid for year ago in my area. The older homes are still for sale, but they are starting at $400,000 .
Our home was built by John Cannon, and I would recommend them without hesitation.
Agreed, he is a phenomenal builder.
One of the biggest builders in the nation is building low quality homes. Their homes are built with the least expensive materials.
The stucco is made out of thin layer. Roofs are often uneven and made from the cheapest material. Interior paint is a water based paint without primer. The interior doors are made out of cardboard. The stainless steel appliances are the lowest grade. Everything is made for the looks. The sales prices are high, the HOA fees are high.
I don't know any real estate agent that purchased a house like that.
What deposit amount does MI homes require to start a build?
I believe they charge a non-refundable 20% down to start building.
Lisa, thanks for ur video, can u tell me ur experience with GL Homes?
I have not had first hand experience with them so really can’t say.
What do you think of Pulte.
They build a very nice home. I would definitely recommend them.
Plan on about $170-200k above their list price.
Hi Lisa my name is Reinaldo I was watching your video on different home builders but you didn’t mention homes by west bay I believe they are Sami costume builders I was just wondering how you felt about theme. I’m looking to move to Florida in about two years from now so I’m doing my home work about where I would like to live. I’m looking more of Tampa or lake wood ranch I don’t know as yet may be you can give me your advice. Thank you for taking the time to read my comment. Have a great night.
Thanks for reaching out. Please give me a call or email I'd love to discuss more with you. lisamcbride@kw.com 9413735880
Why did you leave off Kolter Builders?
No particular reason. We have so many great builders I just could not list them all on one video.
I highly recommend staying away from Kolter. I can elaborate later if you are interested.
@@RowYourBoatGently I am interested as I was considering one of their communities
@@tonytblum Without going into a ton of detail, extreme lack of communication is my main complaint. We've had delays that have been the fault of the builder (not simply supply and labor issues). We began the process October 2020 and we are at least 5 months from completion. This would not be upsetting if there weren't many homes that began after ours that are months ahead of us and if there weren't a complete disregard for communication from all branches of the company, including: construction, sales, design, mortgage, and HOA. This lack of communication has led to extremely stressful living/renting situations as well as financial losses.
@@RowYourBoatGently Thanks for that, I appreciate it
How’s Snyder construction here in port charlotte??
I have never worked with them so I can not give great insight.
👌👌
Old homes cost more than new homes
Maybe older homes are built with better quality materials, or in a more desirable area?
Everything is made for the looks. Buyers beware.
I don't want to live in a "Community." Maybe I have more than 5 acres., but thanks for the acknowledgement. I figured you were a source of knowledge, not a platform for debate. Otherwise, I would not ask such an expert as you.
Who is debating with you?
What about Calesa in Ocala?
I am sorry, not familiar with that area.
In florida
stock photos are a cheap solution. You don't need it
thanks for the feedback.
How about lennar?
Thanks for reaching out. Please give me a call or email I'd love to discuss more with you. lisamcbride@kw.com 9413735880
Don’t buy from MI HOMES , google them lawsuits, BBB complaints, read reviews on them.
VERY POOR QUALITY
Show us where you live.
Yeah, because that request is not creepy at all. 🙄
How about just discussing the builders she went with, and what she got for her money instead.
Show us how real estate agents live in Florida.
What do you buy? 😁
When the Florida real estate market collapsed real estate agents bought foreclosures and shortsales. Agents purchased homes for fraction of the original sale price.
Looking for SAFE gated toll brothers communities
Home builders and realtors are crooks. You’re all money hungry. Toll Brothers have poor customer service and not so good of a builder as you say. I agree DRHorton is pure junk.
Thanks for watching!
I worked for a million dollar home builder in Ohio,I have lived all over the country.i spent six years on st.pete beach.my place was only $800.a month.ten years later? $3,200 a month.same place,no upgrades or improvement.these new homes are not worth $200,000 when finished.inferior materials,cheap bad contractors,huge over estimated square footage of lumber,tiles, drywall,you eat that cost at closing.aftet they get your deposit? Your the victim, don't like it? So what,we got your deposit.were not fixing anything.they will sod your yard over loose gravel and concrete.no soil.then you will water it and it will still die in a month.aftet the builders are gone.evet wonder why sod is done last? Now you know why.walk away,is what they say.we got your deposit.we will sell it to the next sucker.youust hire a lawyer,you must be present,you must film every phase or you will be screwed.my job was to drive all over Ohio fixing what the contractors messed up.i was overwhelmed and underpaid.see,they even burn their own employees.better off getting a already established home that has had the bugs all worked out.or you could be buying a new home that needs old home repairs.remember your home is open to humidity and moisture.drywall loves mold.hardwoodbfloors can only be installed in certain humidity and temperature.wanna bet? It will warp,and pinch.and then what? Bye😅bye wallet.never listen to a real estate agent.they know nothing about building homes,just profiting off of them.they are good for staging the home with overpriced junk furnishings from their buddies.then trying to get you to pay double for used furniture.drop a ping pong ball on every floor in the house.watch it roll to one side or both sides.especially in the garage.its an indication that your concrete will crack.there are good builders out there? But you have to helicopter parent them.watvh their attitude change after they get money
Where did the motivation go? It's a joke being played on you.