I am feeling that pain now, Jodi is like a whirlwind trying to get one house ready to sell and building the other two. We have the one just almost livable. Bids just came in for concrete pad on the other one, 65k. I think we had 40k in the budget? Construction cost has escalated to the point of silliness. Construction loan will need renewed in a couple of months, interest rate will likely almost double. Arghh.
Man I feel you there. We were approved to build in Feb 2020, was to break ground in April 2020, 2100 sq ft, including attached garage and walk out basement. 275,000. Which included the drive way and septic, the whole turn key package.
We got screwed when the bank put a halt on all construction 5 days before we were to sign to break ground.
now, the exact same floor plan, no garage, no basement, and simplified exterior design to a basic square foot print. 345,000. Plus another 8500 for electric, plus 9500 for driveway. If we want an attached garage m, add 45,000. A walk out basement, add 75,000. 17,500 more for septic too
we got hosed. I’m actually hoping for a big economic downturn so prices freaking drop.
