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 Chasin my Dream
Posts: 13651
     
Location: Alberta | Didn't read all the posts so if I'm repeating I'm sorry....
A few questions to ask....
Does the land have power? If not will you have to pay for lines to come in. PLUS getting power to other buildings beside house, barn, garage etc GENERALLY you pay by the pole put in.
Where will your water be from? A well (then you must pay to dig one) tap into city water (cost on that) PLUS digging water lines if you wish to have barn etc
I know in some areas land is zoned for certain industries...look into that.
PERMITS
Electircal (will be completely different cost then getting power into your property)
Water (if not using well??)
Sewage/plumbing (also will have cost to dig trench to septic tank and if have pump out to that as well)
Building
Gas (or propane not sure what your area does)
All these permits will need to be applied for prior to starting the build.
On top of material costs, cost of your trades
Electrician
Plumber
Carpentar
Dry Waller
Painters
Floor/Tile guy
Concrete
These guys will have their labour costs PLUS the material costs they have.
Landscaping prior to build, land will need to be levelled if not building a basement, OR if putting in basement the cost to dig that. Landscaping after build complete.
Is there a driveway into the property? County regulations on driveways being built onto their roads ALSO factor, ALONG with the cost of putting in a driveway.
One county near me has a by law you must build a certain size of house and you are not allowed to move on with a temp living till you decide to build, house must be built.
Edited by dream_chaser 2014-02-22 4:40 PM
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 Texas Tenderheart
Posts: 6715
Location: Red Raiderland | dream_chaser - 2014-02-22 4:34 PM Didn't read all the posts so if I'm repeating I'm sorry....
A few questions to ask....
Does the land have power? If not will you have to pay for lines to come in. PLUS getting power to other buildings beside house, barn, garage etc GENERALLY you pay by the pole put in.
Where will your water be from? A well (then you must pay to dig one) tap into city water (cost on that) PLUS digging water lines if you wish to have barn etc
I know in some areas land is zoned for certain industries...look into that.
PERMITS
Electircal (will be completely different cost then getting power into your property)
Water (if not using well??)
Sewage/plumbing (also will have cost to dig trench to septic tank and if have pump out to that as well)
Building
Gas (or propane not sure what your area does)
All these permits will need to be applied for prior to starting the build.
On top of material costs, cost of your trades
Electrician
Plumber
Carpentar
Dry Waller
Painters
Floor/Tile guy
Concrete
These guys will have their labour costs PLUS the material costs they have.
Landscaping prior to build, land will need to be levelled if not building a basement, OR if putting in basement the cost to dig that. Landscaping after build complete.
Is there a driveway into the property? County regulations on driveways being built onto their roads ALSO factor, ALONG with the cost of putting in a driveway.
One county near me has a by law you must build a certain size of house and you are not allowed to move on with a temp living till you decide to build, house must be built.
Great points DC. Everything costs something! Everything! 
Edited by Kaycee 2014-02-22 9:08 PM
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 Expert
Posts: 2276
Location: ohio-in my own little world with pretty ponies :) | We haven't even looked at any properties yet. We are going to start looking though. |
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Blessed 
Location: Here | Kaycee - 2014-02-22 2:31 PM I'm not sure if you read my original post on our nightmare we went through on our foundation back in Aug./Sept but we are still NOT in the house yet! I would still build again but I would not use the builders we used. Their attention to detail leaves MUCH to be desired. We started our house at the end of April 2013 and we still haven't been able to move over there. There keeps being one thing after another that they either forgot or did wrong and have to redo. The house is pretty much finished but those things are keeping us from completely moving in. We have all of the furniture moved in but the dirt work around the entire house has still not been done!!!  It was scheduled for over a month ago and still nothing. They were supposed to be here today but guess what? NOPE, noone showed. It has finally dried up but the chance of rain is coming back next week so they may not even get to it then. We have no sod laid down so we can't move over there with the 3 dogs because it would be a total disaster with the floors and the mud, should it rain.
BTW, the painters were the worst contractors by far. They had to repaint the entire interior of the house because when they tried to do touch ups they could not make it match!!!! 
Needless to say, I am soooo done with the building process, but I gotta say overall the house is beautiful. I will be much happier when we are actually over there. 
I'll try to post some pics today after I come back from the house. I gotta meet the shade/blind people over there in a few mins.
I was actually thinking about your house today and was wondering what the status was... I am so sorry |
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Texas Tenderheart
Posts: 6715
Location: Red Raiderland | SG. - 2014-02-22 9:16 PM Kaycee - 2014-02-22 2:31 PM I'm not sure if you read my original post on our nightmare we went through on our foundation back in Aug./Sept but we are still NOT in the house yet! I would still build again but I would not use the builders we used. Their attention to detail leaves MUCH to be desired. We started our house at the end of April 2013 and we still haven't been able to move over there. There keeps being one thing after another that they either forgot or did wrong and have to redo. The house is pretty much finished but those things are keeping us from completely moving in. We have all of the furniture moved in but the dirt work around the entire house has still not been done!!! It was scheduled for over a month ago and still nothing. They were supposed to be here today but guess what? NOPE, noone showed. It has finally dried up but the chance of rain is coming back next week so they may not even get to it then. We have no sod laid down so we can't move over there with the 3 dogs because it would be a total disaster with the floors and the mud, should it rain.
BTW, the painters were the worst contractors by far. They had to repaint the entire interior of the house because when they tried to do touch ups they could not make it match!!!!
Needless to say, I am soooo done with the building process, but I gotta say overall the house is beautiful. I will be much happier when we are actually over there.
I'll try to post some pics today after I come back from the house. I gotta meet the shade/blind people over there in a few mins.
Thanks SG.! , it has been a looooong wait but honestly it is still exciting and we are days, maybe a week till we are in.
Let me see if the other pics will load....
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houseporch.jpg (52KB - 196 downloads)
houselivingroom.jpg (32KB - 212 downloads)
housekitchen2.jpg (38KB - 193 downloads)
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Blessed
Location: Here | lexyy12 - 2014-02-22 9:14 PM We haven't even looked at any properties yet. We are going to start looking though.
Odd man out here, but I would not invest in property and a home much less build one unless I was married to the man... JMHO
I think you are rushing things. Just because the first couple of houses didn't work out .... Breathe....
Maybe be out on your own first (not living with parents)
Not judging but I know from your posts your are young... So just breathe  |
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Blessed
Location: Here | Kaycee - 2014-02-22 9:19 PM SG. - 2014-02-22 9:16 PM Kaycee - 2014-02-22 2:31 PM I'm not sure if you read my original post on our nightmare we went through on our foundation back in Aug./Sept but we are still NOT in the house yet! I would still build again but I would not use the builders we used. Their attention to detail leaves MUCH to be desired. We started our house at the end of April 2013 and we still haven't been able to move over there. There keeps being one thing after another that they either forgot or did wrong and have to redo. The house is pretty much finished but those things are keeping us from completely moving in. We have all of the furniture moved in but the dirt work around the entire house has still not been done!!! It was scheduled for over a month ago and still nothing. They were supposed to be here today but guess what? NOPE, noone showed. It has finally dried up but the chance of rain is coming back next week so they may not even get to it then. We have no sod laid down so we can't move over there with the 3 dogs because it would be a total disaster with the floors and the mud, should it rain.
BTW, the painters were the worst contractors by far. They had to repaint the entire interior of the house because when they tried to do touch ups they could not make it match!!!!
Needless to say, I am soooo done with the building process, but I gotta say overall the house is beautiful. I will be much happier when we are actually over there.
I'll try to post some pics today after I come back from the house. I gotta meet the shade/blind people over there in a few mins.
Let me see if the other pics will load....
It was so worth the wait... It is beautiful!!!!!!!!!!! I can tell you paid attention to detail and therefore it will be RIGHT!!! |
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Texas Tenderheart
Posts: 6715
Location: Red Raiderland | SG. - 2014-02-22 9:19 PM Kaycee - 2014-02-22 9:19 PM SG. - 2014-02-22 9:16 PM Kaycee - 2014-02-22 2:31 PM I'm not sure if you read my original post on our nightmare we went through on our foundation back in Aug./Sept but we are still NOT in the house yet! I would still build again but I would not use the builders we used. Their attention to detail leaves MUCH to be desired. We started our house at the end of April 2013 and we still haven't been able to move over there. There keeps being one thing after another that they either forgot or did wrong and have to redo. The house is pretty much finished but those things are keeping us from completely moving in. We have all of the furniture moved in but the dirt work around the entire house has still not been done!!! It was scheduled for over a month ago and still nothing. They were supposed to be here today but guess what? NOPE, noone showed. It has finally dried up but the chance of rain is coming back next week so they may not even get to it then. We have no sod laid down so we can't move over there with the 3 dogs because it would be a total disaster with the floors and the mud, should it rain.
BTW, the painters were the worst contractors by far. They had to repaint the entire interior of the house because when they tried to do touch ups they could not make it match!!!!
Needless to say, I am soooo done with the building process, but I gotta say overall the house is beautiful. I will be much happier when we are actually over there.
I'll try to post some pics today after I come back from the house. I gotta meet the shade/blind people over there in a few mins.
Let me see if the other pics will load.... and therefore it will be RIGHT!!!
Thanks a bunch and the detail thing...I am so done making ANY kind of a decision it's not even funny, not even real sure what I made as a decision for window treatments today!  |
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Chasin my Dream
Posts: 13651
Location: Alberta | Your house is beautiful Kaycee, I remember your frustration threads on it and I had not seen pictures |
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  Fact Checker
Posts: 16572
Location: Displaced Iowegian | SG. - 2014-02-22 9:19 PM lexyy12 - 2014-02-22 9:14 PM We haven't even looked at any properties yet. We are going to start looking though. Odd man out here, but I would not invest in property and a home much less build one unless I was married to the man... JMHO
I think you are rushing things. Just because the first couple of houses didn't work out .... Breathe....
Maybe be out on your own first (not living with parents)
Not judging but I know from your posts your are young... So just breathe
I am going to have to agree here....Unless you have a substantial amount of $$ for downpayment or you OWN the land to build on, you are "dreaming" and wasting a realtor's time. Additionally, it is EXTREMELY stressful to build (or even to remodel). You sound like most young people in this day and age.......you want it all and you want it now..... |
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Texas Tenderheart
Posts: 6715
Location: Red Raiderland | dream_chaser - 2014-02-23 9:39 AM Your house is beautiful Kaycee, I remember your frustration threads on it and I had not seen pictures
Thank you Dreamchaser!! I was over there all day today trying to get it move in ready...cleaning...fun, fun, fun! They do a "final" clean but I'm guessing it won't be to my "clean freak" standards. |
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 Shelter Dog Lover
Posts: 10277
| Kaycee - 2014-02-22 9:19 PM SG. - 2014-02-22 9:16 PM Kaycee - 2014-02-22 2:31 PM I'm not sure if you read my original post on our nightmare we went through on our foundation back in Aug./Sept but we are still NOT in the house yet! I would still build again but I would not use the builders we used. Their attention to detail leaves MUCH to be desired. We started our house at the end of April 2013 and we still haven't been able to move over there. There keeps being one thing after another that they either forgot or did wrong and have to redo. The house is pretty much finished but those things are keeping us from completely moving in. We have all of the furniture moved in but the dirt work around the entire house has still not been done!!! It was scheduled for over a month ago and still nothing. They were supposed to be here today but guess what? NOPE, noone showed. It has finally dried up but the chance of rain is coming back next week so they may not even get to it then. We have no sod laid down so we can't move over there with the 3 dogs because it would be a total disaster with the floors and the mud, should it rain.
BTW, the painters were the worst contractors by far. They had to repaint the entire interior of the house because when they tried to do touch ups they could not make it match!!!!
Needless to say, I am soooo done with the building process, but I gotta say overall the house is beautiful. I will be much happier when we are actually over there.
I'll try to post some pics today after I come back from the house. I gotta meet the shade/blind people over there in a few mins.
Let me see if the other pics will load....
Beautiful home!! So glad you are about to move in and get to enjoy it. We start construction on ours next month :). |
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Chasin my Dream
Posts: 13651
Location: Alberta | NJJ - 2014-02-23 11:20 AM SG. - 2014-02-22 9:19 PM lexyy12 - 2014-02-22 9:14 PM We haven't even looked at any properties yet. We are going to start looking though. Odd man out here, but I would not invest in property and a home much less build one unless I was married to the man... JMHO
I think you are rushing things. Just because the first couple of houses didn't work out .... Breathe....
Maybe be out on your own first (not living with parents) Not judging but I know from your posts your are young... So just breathe
Ill throw the scenario you get the house built, so expenses to consider now..
Utility bills
house insurance
taxes
health insurance (if not covered what will cost)
$$ for repairs & maintenance of house
build a barn? $$$$$ increases you utility costs as well
permits to build barn
corrals & water system for horses
feed & maintenance for horses
I would never want to burst anyone's bubble, but anything worth having is worth waiting and working to be ready for it!
ETA: tiny rant cause I'm in the mood....when my hubby and I first got married we built a "shop" and made it liveable, ideal situation was in a couple years we would build...didn't happen, lost jobs and bad economy we lived in this "shop" for more years then wanted. It was only heated by a wood stove and all one room, ya any other women may have ran for the hills, but was what we could afford! We finally decided a couple years ago to just remodel cause building a new house as too expensive. Our house is only 1200 sq feet and we are happy!
Edited by dream_chaser 2014-02-23 7:56 PM
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Shelter Dog Lover
Posts: 10277
| dream_chaser - 2014-02-23 7:45 PM NJJ - 2014-02-23 11:20 AM SG. - 2014-02-22 9:19 PM lexyy12 - 2014-02-22 9:14 PM We haven't even looked at any properties yet. We are going to start looking though. Odd man out here, but I would not invest in property and a home much less build one unless I was married to the man... JMHO
I think you are rushing things. Just because the first couple of houses didn't work out .... Breathe....
Maybe be out on your own first (not living with parents)
Not judging but I know from your posts your are young... So just breathe
Ill throw the scenario you get the house built, so expenses to consider now..
Utility bills
house insurance
taxes
health insurance (if not covered what will cost)
$$ for repairs & maintenance of house
build a barn? $$$$$ increases you utility costs as well
permits to build barn
corrals & water system for horses
feed & maintenance for horses
I would never want to burst anyone's bubble, but anything worth having is worth waiting and working to be ready for it!
Agree with the above. Take your time, there is a home that is right for you. Purchase way below what you qualify for on paper. Don't have a house payment so large that you have no money to do anything else. If your life is in order, you can be happy in any home. |
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Location: Philly | couple of general thoughts - while keeping in mind everyone's situation is different.
in order to do what the OP mentioned, more than likely a considerable amount of CASH will be needed.
if the property is paid for/almost paid for, the equity in the land can be used as a down payment on building, yet a lot of people don't like to put a portion of paid off property up as collateral.
some real estate markets are stronger than others and in some places, a "market" is probably not even a usable term, as in nothing of value ever either sells or if it does, it's at a dramatic lower price than what it would cost to build.
we thought about building a couple of years ago and the construction appraisal came in at the point where we were going to have to put 35-40% either down or into the house. although we could have swung it, we would also want furniture and a couple of $$ to go out and eat every now and then so building is on hold. a house that was going to cost $95-100 sq/ft appraised at just under $70. unless we knew 1000000% that it was going to be our forever home, we might have modified a couple of things and tried to swing it. I'd tell anyone in the market to try and use a little foresight while shopping/building (i.e., you don't want to be the biggest or smallest house in your area.)
one of the above posts nailed it on the head, there are so many variables when evaluating if land is a good purchase or not.
good luck
edited to say that everyone's financial situation is different and the only person's that matters to you is your own.
Edited by thomas paine 2014-02-23 8:01 PM
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Chasin my Dream
Posts: 13651
Location: Alberta | Kaycee - 2014-02-23 4:25 PM dream_chaser - 2014-02-23 9:39 AM Your house is beautiful Kaycee, I remember your frustration threads on it and I had not seen pictures
I just may have to stop in for a tour next time I'm in Texas
Edited by dream_chaser 2014-02-23 8:03 PM
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Blessed
Location: Here | dream_chaser - 2014-02-23 7:45 PM NJJ - 2014-02-23 11:20 AM SG. - 2014-02-22 9:19 PM lexyy12 - 2014-02-22 9:14 PM We haven't even looked at any properties yet. We are going to start looking though. Odd man out here, but I would not invest in property and a home much less build one unless I was married to the man... JMHO
I think you are rushing things. Just because the first couple of houses didn't work out .... Breathe....
Maybe be out on your own first (not living with parents)
Not judging but I know from your posts your are young... So just breathe
Ill throw the scenario you get the house built, so expenses to consider now..
Utility bills
house insurance
taxes
health insurance (if not covered what will cost)
$$ for repairs & maintenance of house
build a barn? $$$$$ increases you utility costs as well
permits to build barn
corrals & water system for horses
feed & maintenance for horses
I would never want to burst anyone's bubble, but anything worth having is worth waiting and working to be ready for it!
ETA: tiny rant cause I'm in the mood....when my hubby and I first got married we built a "shop" and made it liveable, ideal situation was in a couple years we would build...didn't happen, lost jobs and bad economy we lived in this "shop" for more years then wanted. It was only heated by a wood stove and all one room, ya any other women may have ran for the hills, but was what we could afford! We finally decided a couple years ago to just remodel cause building a new house as too expensive. Our house is only 1200 sq feet and we are happy!
 Glad you got to remodel! |
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