Finished A Nice House!

 
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Old 12-06-2017, 08:59 PM   #1
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Finished A Nice House!


Just finished this spec house up. Turned out real nice. I work with one other guy, and we do almost everything. We framed this one with a third guy helping. The roof about killed us. Stick built. We did some nice custom touches. The floor is solid bamboo. Used the matching bamboo laminate on the ceilings in the living room, and in the tray ceilings. Some nice tile stuff also. Curbless shower, too.
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Old 12-06-2017, 09:03 PM   #2
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Re: Finished A Nice House!


Few more photos. Used trex transcend with hidden fasteners, and the trex railing. Made a real clean installation.
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Old 12-06-2017, 09:09 PM   #3
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Re: Finished A Nice House!


That's a spec?

How much is that gonna list for?



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Old 12-07-2017, 07:23 AM   #4
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Re: Finished A Nice House!


Ha. Yep, its a spec. I'd probably make a lot more profit with cookie-cutter split-foyer specs, but this is more fun to build. I about lost my ass in 2007 with these kind of specs!
$449K, on a 1 acre lot in a real nice development. http://www.forsalebyowner.com/listing/37745/24167299
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Old 12-07-2017, 08:37 AM   #5
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Re: Finished A Nice House!


$450k? Letís drag that sucker here. I gotta believe you could get $900k in our market.

Nice house topflight
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Old 12-07-2017, 09:19 AM   #6
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Re: Finished A Nice House!


With a standing seam roof you could put that house in Horseshoe Bay on Slick Rock for 660-685k going by sq ft number. Only sell pretty quick too, we don't see Brick here anymore so it would stand out
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Old 12-07-2017, 09:49 AM   #7
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Re: Finished A Nice House!


Quote:
Originally Posted by DaVinciRemodel View Post
$450k? Letís drag that sucker here. I gotta believe you could get $900k in our market.

Nice house topflight
If your dragged it to here, Silicon Valley, you're looking at 2.5mil to 3mil minimum. That is assuming you can find an acre of land to put it on.

We just bought a house in Nevada, about 4 hours from where we are now (in CA) for $535.00. Brand new, acre of land. Had to act fast, it was in negotiation when we gave them our offer.

https://www.trulia.com/property/1067...inden-NV-89423
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Old 12-07-2017, 10:13 AM   #8
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Re: Finished A Nice House!


Looks a really well built and finished property. You couldn't get anything where I live like that at the price.
London's even worse, about £11,000 a sq metre.
Even a semi costs a fortune.
http://www.rightmove.co.uk/property-...-57702907.html
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Old 12-07-2017, 04:01 PM   #9
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Re: Finished A Nice House!


It is a depressing fact of life in my area. I am in the lowest priced area of my region. I am centrally located between Asheville, Knoxville, and Abingdon, VA. If I built the same thing in any of those locations I could get at least 20% more money for it. We have a very poor economy and few professional jobs. Most of our economy is low dollar manufacturing and farming. We get the retirement folks who are looking for the highest "bang for the buck." Its a great place to raise a family or retire. Everybody else is screwed. I should have moved 25 years ago when I graduated from college.
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Old 12-07-2017, 04:23 PM   #10
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Re: Finished A Nice House!


If you built that in NJ it would go for over a mil

Nice job.
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Old 12-07-2017, 04:58 PM   #11
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Re: Finished A Nice House!


Quote:
Originally Posted by topflite View Post
It is a depressing fact of life in my area. I am in the lowest priced area of my region. I am centrally located between Asheville, Knoxville, and Abingdon, VA. If I built the same thing in any of those locations I could get at least 20% more money for it. We have a very poor economy and few professional jobs. Most of our economy is low dollar manufacturing and farming. We get the retirement folks who are looking for the highest "bang for the buck." Its a great place to raise a family or retire. Everybody else is screwed. I should have moved 25 years ago when I graduated from college.
I was going to guess W. Virginia when you said $450K.

How much was the lot?
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Old 12-07-2017, 05:08 PM   #12
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Re: Finished A Nice House!


Beautiful house man, the details truly make the house. Building sexy spec houses and not dealing with customers is the dream. Good luck, building take some cash and a lot of bolas!
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Old 12-07-2017, 06:02 PM   #13
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Re: Finished A Nice House!


Thanks for all the nice comments. I appreciate it a lot. I read this forum a lot, and get some good ideas from what everybody else does. My other career has me travel a bunch, and most of my good design ideas I have stolen from other folks in different locales.

I have built 7 homes in this neighborhood since 2005. It was a booming spot for the folks moving up from Florida until the crash in 2007. I was left sitting on 3 (three!) $500K+ homes when that happened. I worked full time on custom houses for 2 years, just paying debt service on those 3 houses. I eventually sold them and got out of debt, and haven't been back since! I tell people I did great in the recession, cause I came out without going bankrupt or getting divorced.

This lot was the last one I owned in the neighborhood. Bought it for $60K in 2006. Paid for a long time ago. In the current market the lot would bring $30K, so the only way I could get my money back was to build on it. I have another full-time career that usually keeps me busy, but I lost my last full-time job last December. So, figuring I had time on my hands for a while, I decided to build this last spec. It has kept me busy this year, while I worked part-time at the other career. I am very fortunate to have an excellent right-hand man, and we do the bulk of our work together for the last 10 years or so. I like to build, and I like to work with my buddy, so it is good most of the time. I have been building investment properties for the last few years, so we have been active.

As you might expect, about 2 weeks ago an old customer from about 2010 walked in the front door. Couldn't believe I was building another spec house after all the aggravation in the past. Then he says he is selling his current place (about $800k worth) and building a new custom out in the country, and would I build it?!! Ha. I said I was done, but who knows?
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Old 12-07-2017, 06:11 PM   #14
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Re: Finished A Nice House!


Here's a few other photos of crazy stuff I've built. The big long house was a custom. Endless pool sunk into the basement, 1/2 below slab grade. I've had a lot of fun, and a lot of headaches. Most stuff works out ok. I look back and think, "how the hell did I do that?" Ha. Ignorance is bliss. Just keep plugging away.
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Old 12-08-2017, 04:29 PM   #15
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Re: Finished A Nice House!


Wow very nice work. That first house looks like it could be a hotel.
Around here in Raleigh all the new construction looks the same. Busy roof lines with too many peeks and valleys.
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Old 12-08-2017, 05:13 PM   #16
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Re: Finished A Nice House!


BTW, I forgot to say what a really nice looking house that is, both exterior and interior.

I also like the other examples. You really don't see that out here unless you are willing to spend 2mil plus, and, even then I've seen the work and it doesn't measure up.
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Old 12-08-2017, 05:28 PM   #17
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Re: Finished A Nice House!


Really nice, would love to see some of the roof framing photos if you have 'em.
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Old 12-12-2017, 06:30 PM   #18
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Re: Finished A Nice House!


Those are some well thought out designs
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Old 12-12-2017, 07:16 PM   #19
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Re: Finished A Nice House!


This is the only photo I could find of this roof during construction. I seem to lose my photo files mysteriously.

I have been building mostly higher-end spec houses for a long time now. It is hard to nail-down specifics on design that will meet the desires of the greater population. I try to find a couple details that really stand out, and emphasize them, and then try to make the rest of the places kind of generic. You definitely don't want to use funky colors or floorings. It's hard to appeal to everyone. I started out building ICF homes, which IMHO are vastly superior to stick built. I was putting lots of money into high quality windows and doors, too. I found out real quick that while everybody liked that stuff, nobody was willing to pay for it. Now I try to stay "middle of the road" on most stuff, and just really do 100% on the finish details. There are a few detail items that I am the only local guy to use, so it makes my places stand out a bit. Like bullnose on the drywall corners, and a lot of custom tile and tray ceilings. If you can get a woman to fall in love with a kitchen or master bathroom, or some other detail, a lot of the competition disappears.
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