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Old 09-15-2015, 08:57 PM  
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Building a House

Is it possible to build a house in Kansas City for less then 200k?
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Old 09-16-2015, 07:03 AM   #31
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Old 09-16-2015, 07:17 AM   #32
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Depending on the acreage that could dig into the house fund quite a bit. I don't know what land is running, but I figure it is going to cost you $2500/acre at least. That's $12,500 for 5 acres of ground and then whatever it takes to get the lot for the house ready.

Tree clearing and leveling are expensive.
Septic installation is a ****ing racket.
Digging a well (as long as there isn't one) or running a camera down an existing well/repairing an existing well is significant.
Getting Electricity and Gas from the nearest line out is typically on you. Also expensive.

I'd say you'd need more than a couple hundred grand, but contractors out there might be hungrier than they are here, but I don't see any way it wouldn't be nip and tuck.
I agree, this is why I'm asking. I just hate the same old neighborhood bullshit. I found some land outside kc but still close for 14,900 for 3.5 acres.
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Old 09-16-2015, 07:21 AM   #33
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Originally Posted by Buehler445 View Post
Depending on the acreage that could dig into the house fund quite a bit. I don't know what land is running, but I figure it is going to cost you $2500/acre at least. That's $12,500 for 5 acres of ground and then whatever it takes to get the lot for the house ready.

Tree clearing and leveling are expensive.
Septic installation is a ****ing racket.
Digging a well (as long as there isn't one) or running a camera down an existing well/repairing an existing well is significant.
Getting Electricity and Gas from the nearest line out is typically on you. Also expensive.

I'd say you'd need more than a couple hundred grand, but contractors out there might be hungrier than they are here, but I don't see any way it wouldn't be nip and tuck.
You will also need plans drawn up or buy some off the interweb..those from what I have seen will run you over $500 for just the plans off a website..have no idea how much it would cost to have them drawn up
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Old 09-16-2015, 07:48 AM   #34
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3 acre lots outside Liberty are running about $90K. It obviously goes up from there. I think I saw a 6 acre lot near Smithville that was $125K. You'd be better off to find a house on a couple of acres that is already built. That will be a tall order for the budget you are talking about. I've not seen anything under $300 on any acreage within 45 minutes of KC
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Old 09-16-2015, 08:20 AM   #35
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$160-200/foot for a new normal house out here.
Building a home for $200/ sq ft will get you something pretty damn nice is you are doing a lot of the work, being the GC, or buying a lot of the materials close to wholesale rather then the builder making money on all the supplies.
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Old 09-16-2015, 09:25 AM   #36
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This will get you in the country and under 200 grand.
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Old 09-16-2015, 09:32 AM   #37
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Define "some land". You're going to pay between $2500 and $5000 per acre just for the land, I think. Then you have to run utilities and all that. THEN you build. I doubt it's very doable for $200K, but I'm no expert.

All rural acreages are NOT the same. I looked at farms that would have cost $30k just to get power to the site. You're going to spend $10k on a septic, depending on the length of driveway maybe 10k just for starters.

Also look at zoning, some counties don't allow new construction on less than 5-10 acres.


Building a house is a pain in the ass, but it's better in some ways and harder than others than full remodel.
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Old 09-16-2015, 09:36 AM   #38
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Is it possible to build a house in Kansas City for less then 200k?
Looking for a 1,750 square foot slab home on a bad lot with contractor grade trim levels? If so, then yeah, you can manage that. Probably.

The problem is one of opportunity cost. Most contractors right now are busy and they can take a crew, send them into a high end subdivision and charge $140-180/sq foot with a nice little profit margin built in there.

So why would they take that crew off that job and put them on a $100/sq foot home with lesser margins?

The problem then becomes what you get if you ARE building at that level. What you'll see some contractors do when they're building a home like that is they'll pull together a scab crew - essentially they'll make one up on the fly. They won't take their best guys off a higher paying job, they'll just grab a group of cheaper, generally less skilled guys and make it a go at it.

At that price point, I think you'll get much more house by shopping for them. Many of them were built during down markets so contractors didn't have the opportunity cost issue and were building better quality homes at those price points.
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Old 09-16-2015, 10:49 AM   #39
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$160-200/foot for a new normal house out here.
Really? That's pretty high compared to a few years ago. Or is this for a single, new build only?

I looked into buying a house in South JoCo back in 2011 and all the new homes were around $110 a square foot with really nice amenities and upgrades.

They were in existing subdivisions, so maybe that's why?
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Old 09-16-2015, 11:00 AM   #40
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Really? That's pretty high compared to a few years ago. Or is this for a single, new build only?

I looked into buying a house in South JoCo back in 2011 and all the new homes were around $110 a square foot with really nice amenities and upgrades.

They were in existing subdivisions, so maybe that's why?
That's pretty high.

Maybe that high on the above grade portions, especially if you don't go with a 1.5 story that utilizes attic space to pump up the square footage or if you spend more money excavating underneath the garage (adds significant cost but no extra finished sq footage).

I'm guessing that also includes the lot price and a relatively pricey lot at that.

You can build a nice 1.5 story w/ a finished basement on a walkout with crown molding across the board, 'hand hewn' maple floors (not hand hewn), gas appliances and granite surfaces for around $160/sq ft with the lot included in that price. Some builders may get you for more than that if you're building custom and they think they have you buy the balls, but that's still on the pretty high end of the scale.

Building at $125-$140 sq foot isn't that tough, really. You can have decent trim levels and solid appliances (not quite Viking quality, but still nice, stainless stuff) and even generally fit granite; maybe Quartz. Some of the new Cordite (?) stuff looks pretty nice as well and that would be doable.

But really, I think all of it's a little beyond his price point for a decent sized home. If for no reason other than re-sale, I wouldn't recommend building below 2,500 sq. feet as your market is limited to couples or maybe those with only one child and a budget. Anything below that and you build it ready to lose your ass if you needed to sell it, IMO.
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Old 09-16-2015, 11:06 AM   #41
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Old 09-16-2015, 11:07 AM   #42
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That's pretty high.
That's what I thought. I was looking at 3,500-4,500 square foot homes (not including the finished basement) which were in the 5's and 6's. They had all the amenities, including either Viking or GE Monogram and were really nice but in the end, we passed.
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Old 09-16-2015, 11:10 AM   #43
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I have a question, and I'm not trying to troll or be a dick: What's the appeal of owning acreage and land?

I get wanting to have a nice, big yard for kids and big dogs but owning an acre or more seems like it would be a huge hassle.
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Old 09-16-2015, 11:13 AM   #44
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I have a question, and I'm not trying to troll or be a dick: What's the appeal of owning acreage and land?

I get wanting to have a nice, big yard for kids and big dogs but owning an acre or more seems like it would be a huge hassle.

I can basically do what I want. If I want to go out back and shoot guns I can.
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Old 09-16-2015, 11:17 AM   #45
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I can basically do what I want. If I want to go out back and shoot guns I can.
Got it
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