16k excavation, 4k dirt disposal, 35k ‘foundation’, 4k slab insulation, 8k slab, so 67k for what..? a slab on grade foundation with no basement? What the hell is he doing?
This was not just slab on grade. He went with the works on the foundation. Excavating beyond frost line, full insulation to footings. Also, excavation, formwork, and concrete all costed more when he did this back in February. But yes, engineered slab or pier would be a more cost effective option.
You either got absolutely hosed or you’re making this video hoping to charge a potential customer these numbers. 454/sqft for entry level finishes is insane. $8,000 for tiling around the tub (roughly 60sqft) and for a vanity,tub and toilet? I wish you luck, I hope for your sake you get those numbers significantly down on your next build.
Thank you for the feedback. Construction costs can vary significantly based on location, material quality, labor rates, and other factors, so what might seem high in one market can be standard in another. The numbers we have provided include materials, labor, and project management, and are based on recent projects that reflect current market conditions and the quality standards we are committed to. That said, we always appreciate constructive input and will continue to evaluate ways to optimize costs while maintaining quality.
@ I’m a week away from completing my 3rd garage conversion in the same city, so I know a little bit about the current costs associated with these kinds of builds. You can definitely shave 15-20% off this number. Good luck on your next project.
Per SF costs aren't a fair comparison for garden suites that are 500 - 1000 SF due to fixed costs (eg. furnace, panels, foundations cost the same no matter size of house). In our experience and many who build garden suites. Per SF costs typically come in at $400 to $600/SF. Garage conversions are different due to no need for foundation/structure. $250k is what Skyway would charge a client to build a 550 SF 2 bedroom unit - It is very reasonable at today's labor and material rates.
@ thanks for the reply Andi. For a client those numbers definitely make sense, but not for them as the contractors. Keep putting out these videos suite additions is killing it 💪
Месяц назад
I just finished a 425 square foot one-bedroom garden suite in Guelph. The cost including everything (hard, soft, landscaping and appliances was $200,000). That's $470 per square foot. That's the cost. It can't be cut unless you do it yourself. The time was 120 days from the building permit being issued to the occupancy certificate. I couldn't to it myself that fast and there would be carrying costs. Regardless of the per foot cost, it has a positive cashflow with 100% financing at 4.5% over 30 years. I've signed a contract for a second one and we're just waiting for the building permit. I'll keep doing it as long as the cashflow is positive. Price per foot is just one way to measure. Thanks for the videos Andy!
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This is awesome.
what about permits and architectural costs?
16k excavation, 4k dirt disposal, 35k ‘foundation’, 4k slab insulation, 8k slab, so 67k for what..? a slab on grade foundation with no basement? What the hell is he doing?
Could’ve built it in piers for $4000 all in and put proper r31 insulation instead of whatever r10 foam you have there
Don’t forget, that’s the price for his future customers. Actual cost can be much less even with basement.
But still excellent video.
I wouldn't even consider using piers for a shed, let alone a house.
Great video. About $450/sq ft. Im not sure about price, something seems off.
This was not just slab on grade. He went with the works on the foundation. Excavating beyond frost line, full insulation to footings. Also, excavation, formwork, and concrete all costed more when he did this back in February. But yes, engineered slab or pier would be a more cost effective option.
You either got absolutely hosed or you’re making this video hoping to charge a potential customer these numbers. 454/sqft for entry level finishes is insane. $8,000 for tiling around the tub (roughly 60sqft) and for a vanity,tub and toilet? I wish you luck, I hope for your sake you get those numbers significantly down on your next build.
Thank you for the feedback. Construction costs can vary significantly based on location, material quality, labor rates, and other factors, so what might seem high in one market can be standard in another. The numbers we have provided include materials, labor, and project management, and are based on recent projects that reflect current market conditions and the quality standards we are committed to. That said, we always appreciate constructive input and will continue to evaluate ways to optimize costs while maintaining quality.
@ I’m a week away from completing my 3rd garage conversion in the same city, so I know a little bit about the current costs associated with these kinds of builds. You can definitely shave 15-20% off this number. Good luck on your next project.
Per SF costs aren't a fair comparison for garden suites that are 500 - 1000 SF due to fixed costs (eg. furnace, panels, foundations cost the same no matter size of house). In our experience and many who build garden suites. Per SF costs typically come in at $400 to $600/SF. Garage conversions are different due to no need for foundation/structure. $250k is what Skyway would charge a client to build a 550 SF 2 bedroom unit - It is very reasonable at today's labor and material rates.
@ thanks for the reply Andi. For a client those numbers definitely make sense, but not for them as the contractors. Keep putting out these videos suite additions is killing it 💪
I just finished a 425 square foot one-bedroom garden suite in Guelph. The cost including everything (hard, soft, landscaping and appliances was $200,000). That's $470 per square foot. That's the cost. It can't be cut unless you do it yourself. The time was 120 days from the building permit being issued to the occupancy certificate. I couldn't to it myself that fast and there would be carrying costs. Regardless of the per foot cost, it has a positive cashflow with 100% financing at 4.5% over 30 years.
I've signed a contract for a second one and we're just waiting for the building permit. I'll keep doing it as long as the cashflow is positive. Price per foot is just one way to measure.
Thanks for the videos Andy!
😂😂😂