The cost of the homes for those that are questioning (Trent) are as follows:
Cottages (1255 SF to 1800 SF) from $295,000 to $375,000
Country Homes (1900 SF to 2700 SF) from $370,000 to $425,000
Courtyard Homes (2000 SF to 2500 SF) from $370,000 to $425,000
Grand Courtyard Homes (2900 SF to 3600 SF) from $460,000 to $700,000
Village Courtyard Homes (1300 SF to 3000 SF) from $300,000 to $460,000
Manor Home (2600 SF to 2900 SF) from $475,000 to $525,000
Now Trent and those of you that are concerned these prices are what I have estimated using a appraisal value of the lot, cost of construction and a reasonable contractors profit margin. Now these figures are also consistent to other homes in southern Utah and their current selling prices. Now the cost of construction can vary dramatically over the course of a month that is why it is hard to give an exact price for a customer without a commitment to a specific scope of work. Now a contractor can give a unit price per square foot that he has based over the course of many building projects... However unit price bids are convenient for customers up front but do not result in any savings for the customer unless the cost of construction has swung dramatically in the customer/owner's favor. Another approach is cost plus a profit margin... I like that system the best but sometimes unless contracted legally a customer/ owner most of the time is stuck with mistakes that if changed still result in a cost plus relationship. For example I don't like where you placed the outlet...You have already been charged for that work plus a profit and now when you change you will pay for that work plus another 7 to 10% whatever the pre-negotiated margin is.
I said if someone where to commission these same architects we are using it would cost $150,000 to $300,000. We were able to deliver that architecture to the customer for roughly $5,000 which is the typical floor plan charge for any home. We did that by economy of scale... The price per plan was lowered when we commissioned more work (90 house plans)... Also that architectural overall cost is then distributed throughout the project. Resulting in a typical $5,000 floor plan charge that is consistent even with typical Idaho Falls house plans that are below average and most of the time purchased from an unknown source on the internet. If anyone else has any other question I would love to answer them. It is really fun for me to share with everyone what I do everyday.
Thursday, June 28, 2007
Now Taking Reservations! Continued Quick information on how the construction Industry works
Published by Devin on Thursday, June 28, 2007
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2 Comments:
That makes much more sense.
I understand that there arn't specific prices until there is a specific job. The reason I asked is becuase dad still claims that the Walkers still havn't told him how much an office space at Taylor crossing was going to cost him per square foot -- yet they wanted him to sign. (which I don't think would have been binding without a price.) It's interesting to me to see how different a building experience can be for the same people. Think about how different mom and dad's experience has been with their house compared to their office.
Are there going to be commercial lots? Are there going to be professional office spaces for dentists/doctors/accountants? Will those spaces be centrally located?
Where will the police and fire come from? The county?
Does the development have a website?
I really like the idea of master planned communities. I think it is good for maintaining property values.
How are the garages accessed? Do the drive ways wrap around the house into the back or is there a back alley for each row of houses?
Anyway
I was just told by a lobbyist here in Boise that there is a massive land grap going on just south east of Boise. Developers are approaching Ada county and other local leaders in an effort to get approval for a 40,000 home development. I didn't believe the number at first either. She insisted it wasn't a mistake. It's essentially a new city...and if it goes through...will be the second largest in Idaho. (That would be something like 160,000 people.)
It will be closer to downtown than Nampa. Commute time has become a serious issue here. People are rallying for a lightrail from Nampa to Boise. There are a bunch of state Republicans getting in the way saying that it isn't worth the tax increase. There are also some Republicans who say the city can't continue to grow without improved infrastructure. The later are obviously correct.
My water law friend thinks there might not be enough water in this area to support the proposed developement. (I don't mean infrastructure...I mean resources) It will be interesting to see what happens if it happens at all.
devin, you might have said this already... what are the lot sizes, and the setbacks from property line?
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