07-19-2017, 04:02 AM
I am trying to determine if building from scratch on a property we own, or buying a home that needs significant repairs will be less costly.
My wife and I currently own property in Nanawale, down at the lower end (2 lots bordering farm land, so its kind of a nice piece of land, and likely our preference to build from scratch, just not if its a lot more money than making big repairs to something already built.
Going forward I am working on getting a good guess on overall costs, and what items require a contractor to perform and which I can do. I feel i can do all but the septic tank, but know i have to a plumber and electrician. Can I do the framing myself, along with everything else? Like the catchment setup?
The costs below are my current rough projections, so please feel free to comment on RL recent experiences you have had. I know some of this is just educated guesses so im looking for anything I have missed or grossly mis-estimated.
Survey $1,000
Permits $1,000
light clearing/driveway/site prep $9,000
Engineering/blue prints for 900 Sq foot open wall "cabin" $600
Septic $6,000
Catchment $8,000
Framing/siding/roofing/windows&doors $21,000
Electric $5,000
Plumbing $5,000
Cabinetry $8,000
Finishing materials $5,000
That comes up to just less than 80k. The goal is to know if that's doable/realistic/close. Example: we noted a new home on the mainland that we stopped by and inquired since it looked nice, new, and about the right size. we were told he and spent $280k which seems unfathomable to me, but made me question my numbers..
Thanks in advance for any feedback
Cant wait to live in Puna!
My wife and I currently own property in Nanawale, down at the lower end (2 lots bordering farm land, so its kind of a nice piece of land, and likely our preference to build from scratch, just not if its a lot more money than making big repairs to something already built.
Going forward I am working on getting a good guess on overall costs, and what items require a contractor to perform and which I can do. I feel i can do all but the septic tank, but know i have to a plumber and electrician. Can I do the framing myself, along with everything else? Like the catchment setup?
The costs below are my current rough projections, so please feel free to comment on RL recent experiences you have had. I know some of this is just educated guesses so im looking for anything I have missed or grossly mis-estimated.
Survey $1,000
Permits $1,000
light clearing/driveway/site prep $9,000
Engineering/blue prints for 900 Sq foot open wall "cabin" $600
Septic $6,000
Catchment $8,000
Framing/siding/roofing/windows&doors $21,000
Electric $5,000
Plumbing $5,000
Cabinetry $8,000
Finishing materials $5,000
That comes up to just less than 80k. The goal is to know if that's doable/realistic/close. Example: we noted a new home on the mainland that we stopped by and inquired since it looked nice, new, and about the right size. we were told he and spent $280k which seems unfathomable to me, but made me question my numbers..
Thanks in advance for any feedback
Cant wait to live in Puna!
Cant wait to live in Puna!