We’re finally doing it!!
- Thread starter dukeboy440
- Start date
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The answer is: it depends. Assuming doing an apples to apples comparison.
After we got shut down in Covid, we have looked literally for years, our area is rural, lots of homes and properties that have been in the same family for over a century. So very rarely do we have a house come up for sale in this area. And when it does, it usually needs tons of work. Or they’re sectioning off just the house from the rest of the farm etc.
We’ve owned this ten acres for a decade, free and clear after buying it from my grandparents. Got a slight family discount of 10 percent under market value at the time. At the time, it was appraised at just over 20k.
Appraised in July for 140k…. Just the ground only.
So figure in the ten acres, plus the build cost, we’re ahead, slightly cost wise, but we get exactly what we want.
Now, thats not counting the 35-45 percent I’m saving by managing the project as the GC. Factor that in, and yes, it’s much cheaper than buying a similar property built recently.
House will be 5 bed rooms, 3 baths, attached 2 car garage. Plus a large family room and a kids play area in the walk out basement. Put that on 10 acres, you’re probably paying in excess of 700k in this market if you’re buying a house of similar size and acreage. I won’t be near that.
So get this: there will be a stand alone shop in addition to my attached garage.
Plans are for a 4 bay shop.
54L X 27W X 12H
I’m still working on the final renderings of it. But I’m building a replica of a service station found on Route 66. Pic for the concept. It’ll have two additional bays.
The best part: it actually won’t add anything extra to the build cost…. So get this, Menards does an 11 percent mail in rebate on EVERYTHING in their inventory. With no cap as to how much of a rebate I can get. Because it’s a in store credit, that money has to be spent back at Menards. So by buying all my building materials thru Menards, which also is the cheapest material source locally (only by about 3 percent for the same brands but still), I’m getting enough of a rebate to fully fund not only my shop build, but the wife’s livestock barn too.
Dartswinger70
Well-Known Member
Years ago me and the wife drove past a trailer with a huge shop out back with a high overhead door ,probably a trucker. I said to the wife"Oh our dream home..."
@toolmanmike
To give you an idea of what we started with.
We had to cut 8 feet out down average over 64 feet to get on grade due to the terrain.
Course the one nearly flat spot we had planned for years to build on, health department wouldn’t grant the permit due to being “too” flat for the septic so they forced us further up the hill. Which is good though cause it actually is saving me 15k on electric install.
I’m toying the idea around of changing careers and doing this full time. This is more fun. Much more fun than commercial construction is.
There is no more fun in commercial construction. It was fun back in the late 80's early 90's. Then more "rules" were implemented. I was an Ironworker for 36 years. Finally in the office. Still not fun BUT I don't have to talk to too many people!!
Yeah. Commercial requires TONS of local, state and federal regulations compliance and often, they conflict.There is no more fun in commercial construction. It was fun back in the late 80's early 90's. Then more "rules" were implemented. I was an Ironworker for 36 years. Finally in the office. Still not fun BUT I don't have to talk to too many people!!
Residential is far simpler. Local regulations simply follow the International Residential Code. Permits are easy to get. No environmental impact studies and reviews. No hazmat etc.
Will there be a place to make cheap Pizza, and flat beer. In case someone wants to stop for a visit.
Planning on it. Probably some home made wine too.
I guess the children out grew the coloring book ???
I love that truck
Congrats on the house!
Nope. Not at all. They get it out every so often. Plus I have a 4 and 1 year old, we still have plenty of time of use
abdywgn
dismantler
where is the service station?
I like Menards. You or whoever picks uo your lumber can choose which boards you want .And the 11 percent saves a bunch,as you said.
Illinois, Dwight
Forms have arrived , weather permitting, it’ll be pouring concrete by end of next week
We have footers framed and ready to go pending inspection tomorrow!
Footers poured! Walls go up Tuesday-Thursday weather depending.
Someone else was interested as a B29 flew tree top level right over top of us. Man them big Allison’s are loud!
Someone else was interested as a B29 flew tree top level right over top of us. Man them big Allison’s are loud!
49ersrock
Member
We are also building our house right now. Its only 1200 sq ft but its just me and my wife. It will have a 24x36 garage connected by walkway.
I am in the process of digging the footers. They are 12x20. I have the forms ready to go so I am hoping next Thursday to be setting the forms. Its a slow process when its a one man operation! It has taken us two years including the well, septic, site clearing, and getting fill trucked in and doing the building pad, to get it this far. We are living on the property in a motor home. Once I get the slab done the building manufacturing company will come out and erect the shell. I am subbing out the electrical, plumbing and HVAC
Nice!! Good luck!
And yeah, part of our delay was waiting nearly a year and a half on the county health department to approve the septic permit and design.
Drain work, sump pumps, and back fill going in. Gravel subfloor packed and ready. Wall Forms go up tomorrow hopefully weather depending.
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