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I think it's easy to say that, until you had to build one for that price. The lot alone and hook up fees, taxes would probably hover around 1/3-1/2 of that pric
by dukeofdoom 3y ago
I think it's easy to say that, until you had to build one for that price. The lot alone and hook up fees, taxes would probably hover around 1/3-1/2 of that price.
Then House it self is a lot of labor to construct. Even moving the materials sometimes is very labor intensive. Plumbing, Bathrooms, Lighting, there's a lot that goes into it. Immigrant and cheap manual labor is probably what makes it affordable.
- pixl97 3y ago>The lot alone and hook up fees, Along with many of the places people keep building are in areas short of water. Since most of it is SFH larger water transport infrastructure has to be installed at great cost and though places that are already developed. Then you add more expensive road infrastructure that taxes on the SFHs won't fully pay for. You build a huge infrastructure debt trap that we're both paying for now (from the past) and the us in the future will have to pay even more for.
- amluto 3y agoIn theory, a lot is worth whatever something built on it is worth minus the cost to build. So the lot should probably be worth less. Hook up fees are often hilariously inflated. Trenching on an empty lot is not very expensive. My point is that, if you remove distortions from a market, prices may go down.
- deleted 3y ago[deleted]
- dukeofdoom 3y agoThis guy built a house entirely alone after his old one burned down. He has a timelapse of the entire process and the costs along the way. He spent 120k in Europe. It's possible to do it for cheaper, but you have the hard hard work yourself. This is somewhat modest home, and probably near the limit of what is feasible to do by yourself. And this guy has carpentry skills most people would not have. https://www.youtube.com/watch?v=NBusSKZQbl0 https://www.youtube.com/watch?v=NBusSKZQbl0