If you build
it, they will ride by and ….
Hey, we love
the custom home that you guys are building on Patricia Avenue. How much does a
house like that cost?
The voice on
the other end of the phone continued, we would prefer to build in the
Harrisburg area on a half acre lot. Do you know if there are any lots available?
Sure. Regardless if the caller decided to build a custom home with Carbon Custom Homes, I feel it is always important to become a good listener and give sound advise. If you don't build with us, it is our goal to be a trusted adviser.
Mam, we
have two lots that we own right here in the Harrisburg Park community and there
are a number of lots for sale out near the high school on Rocky River. It is a
new community with six existing homes, all built last year.
Those lots
are closer to .35 to .42 in size, not quite a half acre, but you are still in
the Harrisburg community.
Could you
give me an idea on price range for that size house and land? No mam, we never
throw out numbers around without looking at the floor plans and confirm spec
sheet.
Really? Just
give me an average. Please?
Keep in
mind, custom home construction in our region averages $125-$160 per square foot
based on condition of existing lot, spec sheet with product selection, such as
full brick, flooring, and cabinetry.
So, with lot
cost averaging $60,000 and you want to build a 2,800 to 3,000 square foot home,
it is a good idea to keep a mental note for budgeting: $325,000 to $350,000.
Ok, thank
you. I know we paid $223,000 for our 2,600 square foot home here in town. So,
to pay $350,000 for something smaller is not going to work for us.
Completely
understand.
Always
remember, you get what you pay for and with that being said, existing home
prices in our market vary from $72-200 per square foot depending on location
and amenities.
We have
built homes for $185,000 to $725,000. It depends on client's needs and wants
and most of all, their budget.
You can always look at community home
values here: http://findcompsnow.com/searchcomps/comps
Why build new?
The benefit
is you are designing your house. The floor plan is custom designed for your
family's lifestyle and everything is new and picked by homeowner and our
clients like those features.
Newer homes
appreciate quicker in five years and our client's see that as a good
investment. Superior safety codes and advanced technology is a plus too.
Anytime you
want to research cost to build in this area, Google new home construction cost,
time frame and process.
Interview
builders, ask questions.
We encourage it.
After all,
it is your dream home.