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SNAAKE:

--- Quote from: yotsuya on April 15, 2011, 01:01:32 pm ---I dunno, maybe it's just where I live, but $150,000 could buy you a whole new HOUSE.

--- End quote ---

where the hell do you live ???

for 150k I can buy a nice....bathroom around here.

yotsuya:
I live in Arizona. You can get a nice foreclosure right now for that price.

For example: http://www.azsearchforhomes.com/idx/mls-4548942-3006_e_muirwood_drive_ahwatukee_az_85048

yotsuya:
BTW, I'm sure where J lives, that's the going rate. I guess the real estate numbers here in the Southwest have skewed my perception of costs.

DNA Dan:
You can BUILD a house for that amount where I live. That's what I hate about the economics of that industry. Sure the costs of doing business and getting materials is probably more where he lives, but they will charge whatever the market dictates. I'd get as many good estimates as you could then just sit on them. See who calls back or is willing to give you a second look. Might be an indication they are hungry for business. I tell you what, everytime I go into Lowe's or Home Depot these past few months the stores are DEAD in my area. No one is really spending cash on their homes right now. It's weird how some states are recovering pretty good and some are just wallowing in one economic crisis after another.

(Of course market conditions apply and may be different in your area.)

javeryh:
You guys are right on about where I live - it is super expensive here. I'm right outside of NYC. As you can see by the plans, I've got about 700sqft. of living space per floor right now meaning my entire house is only 1300sqft (the room on the right on the first floor is only one story). Also, we are only sitting on 0.14 acres of land and the town code limits you to a maximum of 20% lot coverage. It boggles my mind that just adding a room to the back of the house can cost so much money. We have thought about how awesome it would be to move to somewhere much cheaper but all of our family is on the east coast and the kids are in school (and the schools here are excellent) and all of our friends are here and we love the town otherwise.

The reason we need the architect is because we need a variance. With the variance we will be able to get up to 22% lot coverage and every inch counts when you are in such a confined space (relatively speaking). There are a lot of politics at work here and I am virtually guaranteed to get town approval if I go through an architect whereas if I go before the zoning board myself it's a 50/50 shot. Also, with the excavation of my basement, I need someone to oversee things and make sure they are being done properly. She told us that her final costs would be about 7% of the cost of the job on average although she charges hourly. Her estimate was $250K so 7% is still quite a lot ($17,500). Ugh. I'm depressed just typing this out...

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