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  What is the cheapest way to build a house?...Serious answers please?

Answers:1   |   LastAnswerAt:2010.01  

Asked at 2010.01.10 06:14:24
Two story home, 3 rooms upstairs, kitchen, living on first floor.

answer cold_fearrrr  Answered at 2010.01.10 06:14:24
Do not hire a contractor, makes your plans, get estimates for every aspect of the house from slab, to roof joists, plumbing heating and air, lumber, etc. Pick the brains of the folks who give you estimates. They will know a lot. After you establish the estimated cost add 10 to 12% for overrun and find a bank that will make a loan to you actting as your own contractor. Talk to the bank he can tell you how if possible or who. Do all the work you can yourself but realistically you will need help. Hire different people whjo specialize in each aspect of building. ( the plumber, the elctrican, the concrete man, the roofer, the framers, ect.) After the loan is approved go back to those who helped with estimates and ask for bids explaining that you are going to build and get several bids from reputable people. They will cut each others throats to get your business if you're lucky. Pay nobody until after they have completed thier work, never up front. Buy premaid cabinets or better yet build them yourself. Cabinets are expensive. Leave off the basement if you don't live up north. You do not need one in the south. Use 104 templtex siding of some other such. Its ceahper than brick or stone. If yo wish have the slab man leave a brick ledge and add brick, stone later. Tin roof can save on insurance. Tile floors cost more than composite tile or carpet but tile will last much much longer. Don;t skimp on windows. Get double hung insoltated, and use plenty of insulation too. ask local lumber dealers to give you a contractors discount. Sometimes it can be 10% and some may deliver materials free as you call for them. Buy all your appliances at one time from the same dealer and ask for the discount again. They can and will do it.

Good luck. I did it tiwce. I built my last home in 1996 and it took me 3 months from start to finsh. It cost $46,000 for 1700 sq ft. Thousands less than estimated by my lumber man. It was worth about $90,000 the day I finished it. Lumber is higher now but its still doable.
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