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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (112819)3/26/2008 1:01:53 AM
From: neolibRespond to of 306849
 
I live in eastern Oregon, near Walla Walla Washington. However, as I pointed out, my cost is mostly materials. I defer to real builders on true costs, but roughly, I use 1/3 of the cost as materials, and 2/3 as labor, if I were to hire out any part. That obviously varies by what type of work you are getting. So my $75 should be more like $225. However, I designed it myself as well, so no architect fees. My total building permits were less than $1K. The cost to bring electricity in (3-phase BTW) was only $1200 and that included the utility company placing 2 poles, and sticking two transformers on one of them (required for 3-phase). In Oregon, the owner can do all the work, electrical and plumbing, you don't need a contractor. So I've done all of that. I did pay for a somewhat exotic septic system called a sand filter system, and didn't do that work. It cost me $10K. That was required since I'm in a high water table river valley. I could have done it myself but didn't feel like educating myself on the design aspects. I am an engineer, so that helps when I talk to the building codes agency.

I directly imported my timber from Guyana, so no middlemen there. The rest of the wood I've bought from local firewood cutters, and is mostly from "urban" logging (i.e. yard trees taken down for whatever reason). I do hire a portable sawmill guy to come in and cut the logs for me, but I help, and he is pretty cheap, about $500 for a day of milling, and we make a lot of sawdust in one day. I've spent a lot of time on the timberframe, which I'm still working on. I'd hate to have paid to have that done, I'm sure it would have cost an arm and a leg. But I enjoy woodworking.

However, as a rough rule I'd say that run of the mill housing construction here is not a lot more than $100 sqft.



To: Lizzie Tudor who wrote (112819)3/26/2008 9:39:33 AM
From: BonefishRead Replies (1) | Respond to of 306849
 
You're getting ripped off.