KingKolzig Posted March 26, 2023 Report Share Posted March 26, 2023 april 2021-$1,432 march 2023-$372 does this mean its way cheaper to build a house now? Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted March 26, 2023 Report Share Posted March 26, 2023 Interest rates have made construction more expensive for builders. Less building results in less demand for building materials. Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted March 26, 2023 Report Share Posted March 26, 2023 How much lumber cost in a typical 2000 sqft home?? Quote Link to comment Share on other sites More sharing options...
KingKolzig Posted March 26, 2023 Author Report Share Posted March 26, 2023 Just now, FISHHEAD said: How much lumber cost in a typical 2000 sqft home?? i would guess 55% of the cost if the house has a basement Quote Link to comment Share on other sites More sharing options...
KingKolzig Posted March 26, 2023 Author Report Share Posted March 26, 2023 plus what jimmy said, all materials will likely be way down. sheetrock, cabinets, shingles ect Quote Link to comment Share on other sites More sharing options...
mikeman Posted March 26, 2023 Report Share Posted March 26, 2023 New home building is very, very low right now. Hence low lumber demand and falling prices. Quote Link to comment Share on other sites More sharing options...
BGS 9.5 Posted March 26, 2023 Report Share Posted March 26, 2023 Why the fuck would you even care? Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted March 26, 2023 Report Share Posted March 26, 2023 2 minutes ago, BGS 9.5 said: Why the fuck would you even care? Quote Link to comment Share on other sites More sharing options...
JTGAMBLE Posted March 26, 2023 Report Share Posted March 26, 2023 Kolzig building addition to parents basement. Quote Link to comment Share on other sites More sharing options...
KingKolzig Posted March 26, 2023 Author Report Share Posted March 26, 2023 4 minutes ago, BGS 9.5 said: Why the fuck would you even care? cause my sociopath brother talked my mom into going back to florida. then he flipped the switch and tried to bully everyone into his demands. so hes taking off and leaving her with a dementia patient, a heroin addict and an economic/war crisis. so we are trying to get her to get back to her functional family in NH they own a plot of land and with prices so low it might be the perfect time to build her a safe home. which will be good for the responsible sane members of the family long term as well Quote Link to comment Share on other sites More sharing options...
mikeman Posted March 26, 2023 Report Share Posted March 26, 2023 35 minutes ago, KingKolzig said: cause my sociopath brother talked my mom into going back to florida. then he flipped the switch and tried to bully everyone into his demands. so hes taking off and leaving her with a dementia patient, a heroin addict and an economic/war crisis. so we are trying to get her to get back to her functional family in NH they own a plot of land and with prices so low it might be the perfect time to build her a safe home. which will be good for the responsible sane members of the family long term as well Since they already own the land they've already saved 25% of a new homes cost, a small new home for her might not be too out of line price wise. Quote Link to comment Share on other sites More sharing options...
FairWarning Posted March 26, 2023 Report Share Posted March 26, 2023 That’s good news, I need to replace my deck floor boards. Quote Link to comment Share on other sites More sharing options...
KingKolzig Posted March 26, 2023 Author Report Share Posted March 26, 2023 47 minutes ago, mikeman said: Since they already own the land they've already saved 25% of a new homes cost, a small new home for her might not be too out of line price wise. id say now is the time for anyone Quote Link to comment Share on other sites More sharing options...
mikeman Posted March 26, 2023 Report Share Posted March 26, 2023 10 minutes ago, KingKolzig said: id say now is the time for anyone Not if you have to buy the land and borrow the money to build(or get a 30 yr morgtage at double what the rates were 2 years ago). That's the problem. Quote Link to comment Share on other sites More sharing options...
KingKolzig Posted March 26, 2023 Author Report Share Posted March 26, 2023 she can sell her florida house for cash to build. the lot is right next to my responsible brother and sisters neighborhood too. a family member is a developer and you can trust builders in n.hampshire more than anywhere. slam dunk on paper Quote Link to comment Share on other sites More sharing options...
mikeman Posted March 26, 2023 Report Share Posted March 26, 2023 7 minutes ago, KingKolzig said: she can sell her florida house for cash to build. the lot is right next to my responsible brother and sisters neighborhood too. a family member is a developer and you can trust builders in n.hampshire more than anywhere. slam dunk on paper For an old lady it would be far better to just buy a used house that fits her needs. All the things that go into buying a new house would be avoided - selecting everything, establishing yards, etc is a huge pain. Used would be cheaper too. Quote Link to comment Share on other sites More sharing options...
WVU Posted March 26, 2023 Report Share Posted March 26, 2023 3 hours ago, KingKolzig said: april 2021-$1,432 march 2023-$372 does this mean its way cheaper to build a house now? I asked a builder to update his prices as material prices have dropped. He told me he is booked 2 years ahead and has no idea the prices in 2 years so he’s keeping them where they are Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted March 26, 2023 Report Share Posted March 26, 2023 2 minutes ago, WVU said: I asked a builder to update his prices as material prices have dropped. He told me he is booked 2 years ahead and has no idea the prices in 2 years so he’s keeping them where they are What are your thoughts on www.arrived.com? Quote Link to comment Share on other sites More sharing options...
WVU Posted March 26, 2023 Report Share Posted March 26, 2023 Looking at it now Jimmy. Looks like prosper for rental properties. I’d give it a whirl with something small like $1000 to check out the dashboard Quote Link to comment Share on other sites More sharing options...
nothing but winners Posted March 26, 2023 Report Share Posted March 26, 2023 4 hours ago, KingKolzig said: april 2021-$1,432 march 2023-$372 does this mean its way cheaper to build a house now? Clogz... build yourself a nice wooden coffin pal..... it would save your family money when They finally get the good news that you offed yourself.... would really make your parents proud should you do this.... Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted March 26, 2023 Report Share Posted March 26, 2023 4 minutes ago, WVU said: Looking at it now Jimmy. Looks like prosper for rental properties. I’d give it a whirl with something small like $1000 to check out the dashboard I've bought into 6 properties so far, at $100.00 each, just dipping my toes in the water so far. There are some good videos on Youtube about it. Prosper loans were unsecured, these are secured by the real estate itself. Quote Link to comment Share on other sites More sharing options...
PatrickBateman Posted March 26, 2023 Report Share Posted March 26, 2023 2 minutes ago, nothing but winners said: Clogz... build yourself a nice wooden coffin pal..... it would save your family money when They finally get the good news that you offed yourself.... would really make your parents proud should you do this.... 😅 Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted March 26, 2023 Report Share Posted March 26, 2023 5 minutes ago, nothing but winners said: Clogz... build yourself a nice wooden coffin pal..... it would save your family money when They finally get the good news that you offed yourself.... would really make your parents proud should you do this.... Quote Link to comment Share on other sites More sharing options...
mikeman Posted March 26, 2023 Report Share Posted March 26, 2023 7 minutes ago, nothing but winners said: Clogz... build yourself a nice wooden coffin pal..... it would save your family money when They finally get the good news that you offed yourself.... would really make your parents proud should you do this.... Try to be respectful of our poster of the year please. Quote Link to comment Share on other sites More sharing options...
WVU Posted March 26, 2023 Report Share Posted March 26, 2023 10 minutes ago, Jimmy Hoffa said: I've bought into 6 properties so far, at $100.00 each, just dipping my toes in the water so far. There are some good videos on Youtube about it. Prosper loans were unsecured, these are secured by the real estate itself. Ok I’m in. Let me get a minute and I’ll give it a shot Quote Link to comment Share on other sites More sharing options...
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