Great video! I've been following along since the very beginning & you have inspired me to do the same! I'm in the process of starting with a land loan (and later construction loan) in San Jose, CA. Do you mind going over the pre-construction process in more detail? Curious to know how long your permits/designs/engineering took (since the city takes forever to review) and how you managed to make the payments? When you had the land loan did you start the permits/designs/engineering process ahead of time and pay out of pocket before switching over to a construction loan? And what was your experience getting the construction loan as some lenders are very strict with requirements of permits, plans, & cost breakdowns already in place? How long did your construction loan give you to complete the build? I'm looking at 11 months to complete ... but your build took very long, were you able to extend the duration of your build? Did you incur any additional points due to that?
Wow that's awesome to hear! Thanks so much for following along with my journey! I can tackle some of your questions here in the comment section, but feel free to reach out to me for more detail. Tahoe is a little unique in that there are 3 separate regulatory agencies that govern building codes in the area (fire department, TRPA, and the county). That, combined with the limited building season, added at least a year to the entire process. Design took about 3 months of back and forth between us and our architect, but it could have gone a lot faster if we had pushed him harder. Engineering took another 2 months because Tahoe has all kinds of special rules. Once we submitted our permit application, it took about 6-7 months for approval. We were making monthly payments on the land loan during all this time. We applied for the construction loan before we paid the permit fees because we used the construction loan to pay the permit fees. That's all I have time for at the moment, but please reach out to me by email if you have more questions. Good luck on your build!
Certainly the right financial decision. Usually, existing homes are cheaper than build from scratch. When you build, you get what you want, or at least make all of the compromises.
First off Congratulations on building the home because it looks amazing. My question on the garage is was HVAC the only reason it was cheaper? does it not cost towards the square footage. Do you have any heating/insulation in the garage?
Wow absolutely amazing. With all the extra work it takes to build in Tahoe, can't believe you were able to get under $400sq/ft. Looking to build in LA and hard to find even sub $500/sqft quotes.. Really appreciate your insight.
Who has 1.1Million dollars sitting around? Contractor only had 100.000$ net profit? Sure... Im sure their margins was slim lol. 60.000$ ,for city approval and utility hook-up? 155.000$ for framing of a 2400 square foot? Well you didnt touch a finger during the whole process. Construction firm could be charging them anything... Lot of stuff that could be done by a DIY guy.
First off Congratulations on building the home because it looks amazing. My question on the garage is was HVAC the only reason it was cheaper? does it not cost towards the square footage. Do you have any heating/insulation in the garage?
First off Congratulations on building the home because it looks amazing. My question on the garage is was HVAC the only reason it was cheaper? does it not cost towards the square footage. Do you have any heating/insulation in the garage?
Thanks so much 🙏. Some people include the garage in the $/sf and some people don't, so I just included both calculations. In addition to missing heating, the garage is also missing finishes like flooring, trim, etc. it does have insulation though.
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Thank you for the video and being so transparent i know privacy is important and so I appreciate this!
You're very welcome!
If someone told me permitting was $42,000 I'd be pissed
Pretty much.
Beautiful home
Thank you 🙏
70K for framing labor seems crazy high. Awesome video! Super smart and beautiful house.
The crazy part is that is the cheapest quote I got. Most quotes were at least 2 times higher!
Great video! I've been following along since the very beginning & you have inspired me to do the same! I'm in the process of starting with a land loan (and later construction loan) in San Jose, CA. Do you mind going over the pre-construction process in more detail? Curious to know how long your permits/designs/engineering took (since the city takes forever to review) and how you managed to make the payments? When you had the land loan did you start the permits/designs/engineering process ahead of time and pay out of pocket before switching over to a construction loan? And what was your experience getting the construction loan as some lenders are very strict with requirements of permits, plans, & cost breakdowns already in place? How long did your construction loan give you to complete the build? I'm looking at 11 months to complete ... but your build took very long, were you able to extend the duration of your build? Did you incur any additional points due to that?
Wow that's awesome to hear! Thanks so much for following along with my journey! I can tackle some of your questions here in the comment section, but feel free to reach out to me for more detail.
Tahoe is a little unique in that there are 3 separate regulatory agencies that govern building codes in the area (fire department, TRPA, and the county). That, combined with the limited building season, added at least a year to the entire process. Design took about 3 months of back and forth between us and our architect, but it could have gone a lot faster if we had pushed him harder. Engineering took another 2 months because Tahoe has all kinds of special rules. Once we submitted our permit application, it took about 6-7 months for approval. We were making monthly payments on the land loan during all this time. We applied for the construction loan before we paid the permit fees because we used the construction loan to pay the permit fees. That's all I have time for at the moment, but please reach out to me by email if you have more questions. Good luck on your build!
It's awesome to see the completed project! Thanks for sharing all this info
You're welcome! Thanks for watching
Certainly the right financial decision. Usually, existing homes are cheaper than build from scratch. When you build, you get what you want, or at least make all of the compromises.
It was the right financial decision at the time. I'm not sure I could replicate it with today's interest rates and construction costs.
First off Congratulations on building the home because it looks amazing. My question on the garage is was HVAC the only reason it was cheaper? does it not cost towards the square footage. Do you have any heating/insulation in the garage?
Wow absolutely amazing. With all the extra work it takes to build in Tahoe, can't believe you were able to get under $400sq/ft. Looking to build in LA and hard to find even sub $500/sqft quotes.. Really appreciate your insight.
Thanks! According to my builder, if I initiated this same build today it would cost 15% more because of the increase in his costs.
I’m currently building a house!
I love your design!!
I’m gonna copy it! Who did your blue print?
Beautiful home….however, some of these prices seem very high. Framing, Tile, Etc. Very high!!😮
You're telling me!
so cost per square foot is with the cost of the land?
I just dropped in to see what condition your condition was in. Can I get a copy of your plans please?
Dang over a million 😢 i struggle saving 100k
I used a construction loan. Definitely didn't have a million saved
42,000 and permits this is criminal what in the world truly this has become me pitiful corrupt state
Yea it can't go on like this. We need more homes
Land cost??
@@warrencoughlin9525 00:56
Since you did a RUclips video on this, is any of the house cost a write-off?
Not because of RUclips, but I may be able to accelerate depreciation on a portion of the cost because it's a short term rental that I manage
@@brandon-built@brandon built Beautiful house! Unfortunately, I can relate to the high costs because I live in San Diego.
over a million? daaamn
yup 😭
How long it took from buying the land till the house is completed
3 years. About half of that was the design phase and waiting for permit approval and snow to melt. About 1.5 years of actual construction. Cheers!
Gorgeous tho geeez
Thanks 🙏
For that kind of money you could’ve bought an existing home with more square footage unbelievable
@@robertgonzalez8419 not a chance in this neighborhood. The average existing home is well over $1.5M
Who has 1.1Million dollars sitting around?
Contractor only had 100.000$ net profit? Sure... Im sure their margins was slim lol.
60.000$ ,for city approval and utility hook-up?
155.000$ for framing of a 2400 square foot?
Well you didnt touch a finger during the whole process. Construction firm could be charging them anything... Lot of stuff that could be done by a DIY guy.
@@lassewestvanghougaard4856 I didn't have 1.1M in cash that's for sure. I got a construction to permanent loan with zero down payment.
I’m wondering how the GC stays in business. It makes no sense to me
@@josegimenezroca4220 volume
👀
😔 'Promo sm'
Why so sad 😭
You didn't build. You paid someone to do it for you...
@@derekbourne8969 that's generally how it works...
First off Congratulations on building the home because it looks amazing. My question on the garage is was HVAC the only reason it was cheaper? does it not cost towards the square footage. Do you have any heating/insulation in the garage?
First off Congratulations on building the home because it looks amazing. My question on the garage is was HVAC the only reason it was cheaper? does it not cost towards the square footage. Do you have any heating/insulation in the garage?
Thanks so much 🙏. Some people include the garage in the $/sf and some people don't, so I just included both calculations. In addition to missing heating, the garage is also missing finishes like flooring, trim, etc. it does have insulation though.
@@brandon-built Thank you, I appreciate the answer
@@TheHoppter you're welcome, any time!