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damn, midsized midwestern city infill ICF is checking all of my boxes. i hope it takes a turn for the better for you, one way or the other. were you planning on using one of the foxblocks products or something else?
If I am understanding correctly, your desire is to build[SNIP] We intended on using ICF for our build, which is a 1800 sq ft (each floor) ranch over a full walkout basement.
We have struggled, like many people, to find contractors qualified to do the work largely because of the ICF. Additionally, the price increases over the last year have been insane. We recently got a fairly detailed building estimate this week for $750,000, which is great except for the fact that our budget is $500,000...
[SNIP]
If I am understanding correctly, your desire is to build
1800sf x 2 = 3600sf for $500,000 = $139/sf
(if we add the basement at 1/3 for cost, so 4200sf total, = $119/sf).
I do not know what midsized, midwestern city you are located in, but regardless that budget seems optimistic these days, especially considering the ICF.
The $750,000 figure ($209/sf or $179/sf w/basement at 1/3) sounds more realistic.
Have you already contacted Nudura (and others perhaps) to ask them for trained/certified ICF contractors in the vicinity?
Yes, that is what I used: 1800sf + 1800sf = 3600sf as the base total.I assumed he meant 3600 sq ft total because he described it as a ranch.
Yes, that is what I used: 1800sf + 1800sf = 3600sf as the base total.
The basement aspect (is the project technically a "raised ranch"?) was not entirely clear which is why I separated it as added space/or not.
In any case, even at 3600sf all-inclusive, $139/sf ($500K) for ICF, in the midwest, seems optimistic, while the $209/sf ($750K) seems more reasonable for the type and context. Also, the cost/sf could be somewhat mitigated, or exacerbated, by the nature and complexity of the infill aspect, but I would guess the $750K estimate mentioned took all that into account, whereas the $500K budget may not have.
Sure, but it is not really that useful to hope for a national median cost/sf, especially if only from one source, when budgeting a very local and particular project. Those median guides have all sorts of lesser standards involved, and economies of scale, etc., that just don't fit one's specific local conditions very often. Just because your exact project might cost significantly less in Arkansas or Idaho for example is completely irrelevant to you, but the median confounds that.I dont think its a raised ranch, but maybe. The house will be built into a slight hill on the lot which will minimize excavation, etc. Also, we have the advantage of having all utilities already on site and basically ready to go, so no tap fees or other issues. Obviously every project is different and the details are unique, but we have a lot of things in our favor.
As for the price, I'm sure you're right about $750k being more reasonable, at least in the current context. With that said, there is a limit to the research and planning that I can do before I have to rely on professionals. When we started this project, everyone we spoke with thought our budget was reasonable based on the design and site. Obviously things have changed over the last year. The reality is that it might not be possible to build right now (or ever) based on market conditions, etc.
While I'm complaining, allow me to lament the cost of design and architecture. We live in an area where there was a lot of Mid-Century modern activity, including several FLW homes. In fact, a few of his design associates set up shop here and were relatively prolific, so there are a good number of interesting houses. Much of that seems to have stopped though, and the vast majority of architect built homes here are near $1 million. The median US home size (not including the basement) is 2,300 sq ft, and the median home price is $285k. I really hope that its possible to build an architect designed house for less than several multiples of that median, since living in a McMansion is my own personal hell.
Sure, but it is not really that useful to hope for a national median cost/sf, especially if only from one source, when budgeting a very local and particular project. Those median guides have all sorts of lesser standards involved, and economies of scale, etc., that just don't fit one's specific local conditions very often. Just because your exact project might cost significantly less in Arkansas or Idaho for example is completely irrelevant to you, but the median confounds that.
"Raised ranch" homes are in fact often built partially into slopes, but I am not stating your project is one. You will know by looking at the section.
I dont think anything I said suggested that I expect to be able to build a house for the national median cost/ sf. We have also gotten a number of quotes over the last year that span a sizable range of prices. The point I was trying to make is that it would be very sad if the ability to build an architect designed house has a price floor that makes it out of reach for the vast majority of people. Irrespective of location, only 12% of home purchases in 2019 were over $500k and only 5% over $750k, and obviously the largest share of those will be in major cities. I also dont think that would bode well for the future of design and architects, but you'd be better placed to opine on that.
It is important to separate new construction from all house sales. The average new construction house is ~2700 sq ft and sold for ~$390k in 2019. Construction costs have gone up for a variety of reasons obviously.
Your house is 33% larger than average, so at the same average rate you'd be at $520k (I know you're using a basement which should have lower cost and construction costs average lower on a $/sq ft basis as square footage goes up). However, you are presumably you're using higher specs than average. You've presumably toured/been in "average" new construction houses. They are definitely not to any sort of styleforum standard. Builders use the cheapest they can get away with and rely on economies of scale to keep costs down which normally means the lowest common denominator on materials.
I never claimed you did so. I simply pointed out the reasonable differences between your stated desired budget of $500,000 and the only actual estimate of $750,000 that you posted.I dont think anything I said suggested that I expect to be able to build a house for the national median cost/ sf. We have also gotten a number of quotes over the last year that span a sizable range of prices. The point I was trying to make is that it would be very sad if the ability to build an architect designed house has a price floor that makes it out of reach for the vast majority of people. Irrespective of location, only 12% of home purchases in 2019 were over $500k and only 5% over $750k, and obviously the largest share of those will be in major cities. I also dont think that would bode well for the future of design and architects, but you'd be better placed to opine on that.
I didnt intend to turn this thread into my house thread, so apologies to those who dont give a ****
I'd be interested to see more details of the stats you posted, just out of curiosity. For example, is that 2700 sf inclusive of an unfinished/ finished basement, or just on a slab? Also, does that $390k include the land? I would also assume that many/ most of those builds are builder's specials as opposed to something designed with an architect, so a race to the bottom in terms of materials, etc.
The finished sf of our build with be around 2900-3000 sf, and our finishes are decidedly mid-range, with nothing extravagant. All of our utilities are in place and we own the lot, so those expenses are already cared for. Without going into the specifics of the build, we have tried being intentional about designing to the budget. We spoke to many architects and many builders, who all said our budget was reasonable for the scenario. It turns out that when its time to start pulling triggers, at least in this moment in time, this budget is not reasonable. Thats frustrating and I dont know that there is anything we as the clients could have done differently.
10% over a budget is expected, 20% is unfortunate, but 50% is heart stopping. And thats before a shovel has hit the ground, so the odds of hitting that number are not confidence inspiring. We are massively fortunate and that we can even be in a position to be having these conversations means everything is just fine for us. But it still sucks.
OK, so your total sf is not 1800sf + 1800sf = 3600sf (plus possibly the confusion (mine) regarding the basement, etc.)?I didnt intend to turn this thread into my house thread, so apologies to those who dont give a ****
I'd be interested to see more details of the stats you posted, just out of curiosity. For example, is that 2700 sf inclusive of an unfinished/ finished basement, or just on a slab? Also, does that $390k include the land? I would also assume that many/ most of those builds are builder's specials as opposed to something designed with an architect, so a race to the bottom in terms of materials, etc.
The finished sf of our build with be around 2900-3000 sf, and our finishes are decidedly mid-range, with nothing extravagant. All of our utilities are in place and we own the lot, so those expenses are already cared for. Without going into the specifics of the build, we have tried being intentional about designing to the budget. We spoke to many architects and many builders, who all said our budget was reasonable for the scenario. It turns out that when its time to start pulling triggers, at least in this moment in time, this budget is not reasonable. Thats frustrating and I dont know that there is anything we as the clients could have done differently.
10% over a budget is expected, 20% is unfortunate, but 50% is heart stopping. And thats before a shovel has hit the ground, so the odds of hitting that number are not confidence inspiring. We are massively fortunate and that we can even be in a position to be having these conversations means everything is just fine for us. But it still sucks.