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How Much Does It Cost To Build A Custom Home?
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- Опубликовано: 17 авг 2024
- Building a custom home can be a daunting task. But with the right knowledge and planning, it doesn't have to break the bank. In this video, we explore some of the factors that will affect how much it costs to build your dream home. So sit back and relax, because we're about to make your homebuilding dreams come true!
Looking to build a custom home in Colorado? Colarelli Custom Homes would be honored to earn your business. Reach out any time 📱719-203-1813 - call or text! or email us info@berisfordgroup.com. We would love to chat and see if we might be the best custom home builder for you!
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As someone who is actually interested in building a custom home I really appreciate your honesty and the information you provided, thank you.
glad it was helpful for you! Thanks for watching :)
Another honest and informative video. Glad I found your channel. As a Southern California GC myself, I can vouch for your overall presentation.
I’m watching this in 2024 as a newer custom builder in SC, you’re 100% right with costs per sf. It’s ridiculous how either Google misinforms people on per sf build costs or how they’re just naive to what prices actually are. They are so used to a legal or illegal Hispanic crew building some low quality tract home who basically get paid next to nothing. Those tract homes clearly are so low costing per SF due to that reason imo
The costs are very different depending on
if you chose a builder
if you hire and supervise most of it yourself or
if you actually build the home hands on mostly yourself.
If you chose a builder your home will cost you as much as any other new home.
If you hire and supervise yourself you will have a considerably amount of instant equity in the home.
If you build it hands on yourself you save the most.
The costs are also very different in different parts of the country.
Today the costs of a new home in today's market are almost impossible to predict.
Allow for a big question mark in your estimate.
I think most people don't understand what he means by a custom home. A custom home means you are not going to skimp, save, and cut most corners. It means you will have decent finishes, decent cabinets, more windows, hopefully better water barrier and underlayment, better insulation, decent master bathroom, nicer foundation, etc. And don't forget you need SKILLED labor to make sure you drywall doesn't have screw pops, or that they flash behind every joint in hardie lap, or that the stucco has a drainage plain, etc.
Of course you can build for $200 (or even less). But you are not getting custom for that.
Very true.
I'm planning a build and decided to do the foundation (piers on cement pilings) myself.
As for the house...I'm only contracting the framing, plumbing & electrical. The rest I'll take my time and do myself.
The cost savings is ma$$ive. Though I'm in a situation where I can take up to a year off to be Bob Vila. I'm sure most people can't do that.
I'd love a comparison between buying an up to code insulated old house with a new roof, new hot water heater and current power vs. a new custom home. I honestly have no idea how they would compare if they had about the same amount of features and "luxury".
First builder I met with in Knoxville, TN quoted me $260-$300/square, which I think is a plain rip-off. In Tennessee??? Especially since I already own the land. It's cheaper in Phoenix now. I thanked him for his time and left. $200-$230 sounds more reasonable (to me).
Same exact price in Kentucky. $240-310 average for custom. It’s like that everywhere unfortunately
so it's kind of like asking, how long is a piece of string?
haha yes!
wondering what is the orde of priority to have finishes picked? Cabinets, light? appliances?
Are these actual custom homes, meaning that I can get whatever I want, or does the buyer choose from a number of plans and they get to pick what goes in it? Huge difference, what I’m getting is my house designed my way and entirely custom.
South Alabama $250/sq ft plus lot. Resort area upgraded finishes. Lower labor costs. Builder has good group of subcontractors. Good quality
Really enjoyed young video.
It should be less expensive than $250/sq ft. Adding on builder/general contractor profit is the big variable.
Great video! Very informative!We are looking at a custom home along the front range in CO.
Speed costs money. How fast do you want to go?
Around $200 here in North Ga. That’s what the guy who drew up our plans and is building ours told me in November. With that said he’s about 2 years out though. I talked with another builder who said he would be in that range as well.
About how long would the building take?
250-350/ft2 + lot, but what about architectural, engineering, excavation, foundation, utility hookup or septic/well, driveway, landscaping and lot prep? Are they all included in that square foot range of 250-350 or are they on top of that?
excavation/foundation/utility hookup, i feel like, are normally included.. at least around here. All the other stuff are extras
Resales are a lot less. I can get a nice 2,400 sq' lake house in NC for $600k, lot included. That's around $250 sq' of heated space plus unfinished basement, or ~$167 total sq'. Far less than it would cost to build the same house. This it what baffles me. How can it be cheaper to buy a finished house than build the same house yourself?
How is this baffling? Just like buying a used car, a 20 year old home will cost less. Do you prefer a new or old HVAC system? Do you prefer a new or old roof? do you prefer new or old plumbing? Do you prefer fresh paint or a house that is looking to be repainted. All parts of Buildings degrade and require maintenance.
@@collin9085These homes are more often than not new builds no more than a year old.
@@malikto1 As mentioned in the video, it is almost always more expensive to build a comparable custom home. Probably about 10% more. If you are comparing it to a housing development, then one reason is economies of scale.
Another reason is the premium you pay for customization. Lets say you want to sell your boat. The market value is 50k, but you put 5k worth of better speakers inside so you list it for 55k. Many prospective buyers will still compare it to the other used boat at 50k. Those are the comps that make an appraisal. So you picking all of the colors, faucets, light fixtures, exterior finishes is cost to you that may not be valued by others.
Lastly, is land acquisition. A lot of developers know that the biggest strategy to make money is to get the land cheap. So when you may be looking at 200k lots, he may of got one big parcel big enough for 10 lots that he will subdivide for like 80k each. Getting undervalued land is critical for developers.
Prices are way too high! Completely ridiculous .
Appreciate the info. Very helpful
Today, about how much per square foot would it be for a custom home of about 3800 ft.² (2 story)? No basement. With nothing extravagant, just a little bit better tract home.
$250/ft. As he stated in the video for basic cheap as possible custom home.
Today custom home builders are mostly misnomer. They no more than track builder with few more options for you. They use all the same subs with no better quality than track builder. customs builder charge 30%-75% more for the label of custom home. They do nothing more than for you than any other builder. 95 % of people should stay away from scam custom builders you will never recoup your money.
That’s kinda of a dumb comment and not true at all
Custom builder is building 3 houses at a time watching over subs to keep his reputation
Track builders are building subdivisions with a 100 units sitting in an off site office with a sales lady selling the units/ tours on site
Showing you a great model then selling you shit for your money
Not even the same thing
@@Potatoeheadjoe46 3 houses or 90 houses when you using the same subs the quality is the same. You can put can a fancy face on it but the framing, foundation, roof, sheetrock, the bones was done by same subs at the same quality. Custom builder don't use any better subs. Go to any job site and see who builds the houses and then come back and call in dumb. It's the same subs that build every other house.
Thank you, you made 10% sense, all very valuable information
Here in Il weee around $350/450
Here in Sarasota Fl there are a few high-end builders charging around $ 850 per SQ.FT. Tell me about it.
wow!
$150-$200 sqft on a farm lot in Ohio
Do you do ICF?
These numbers all seem quite low. In south/central Texas, you're looking at $400 and up.
Oh wow! It definitely varies by region!
@@ColoradoCustomHomes Yes -- not only for labor and material costs, but also the expectations as to what features and trim levels are considered entry, mid, and high-level.
Panhandle is like $120
@@omegaplumbing They single-handedly distorted the market? lol
I think $400 and up is really more average for an actual custom home. I think 250-350 is really the base price. I also think that "colorado custom homes" does more rural projects which may be cheaper given that he's talking about buying lots for 100-200k. In a nice urban neighborhood a property will cost much more than that. And thus the budget and expectation of the client will be higher design as well.
We’re looking at $350/sq ft in Hilton Head.
240 SQ