Build in Cypress Dunes/ High Quality/ Southern Living- but cheaper

[csamps]

Hi.

You can buy my lot and build your dream house in Cypress Dunes w/ 10' foot ceilings downstairs, 9' foot upstairs.
High Impact windows, those big tall doors. w/ a Southern Living/ Cottage Living builder for about a third YES (around I am guessing 125$ a foot w/ frills- the shell without floor/kitchen & bathrooms and lighting is around 70$-80 foot) )
of the cost of building w/ JOhn WIllis Homes.

Why can you do this? Because my lot has NO ENFORCEABLE buildout, and can be built on by anyone. because of many many mistakes by the closing company. comfirmed by about 4 FLorida real estate lawyers. (yes, it can receive full new title insurance no problem)

Now. with the lovely home designs offered in beautiful Cypress Dunes, I think
you can have an awesome house in a beautiful neightborhood on the Cypress Pond, or you could build to sell and undercut everyone! Your choice. Or you could hold onto this lot for a long long time.

Interest rates are low. Here's a chance for a gorgeous house, just as you want it.

I paid a lot for this lot. At this point I am not expecting to recoup, but no games. You make me an offer. It can be verbal to start. Obviously, I'd like to a) get out of my loan and b) get as much of my loss back.

[SWGB]

Are you also exempt from association dues?

[csamps]

no, of course, not. no one would be, and of course, i want to use that pool & club!

mine are paid up to date as well as the property taxes.

[Rambunkscious]

Csamps, you're guessing you can build a comparable Willis house for a third of what Willis costs? Sounds reasonable to me........right???

[Rambunkscious]

Csamps, I just had an idea, you could build the house on your lot for 1/3 and sell it for 3/3, just think of the money you'd make, plus getting your money back on your lot! You would triple your money, this is a tremendous business opportunity that you should exploit.

[csamps]

no kidding. your sarcasm is unnecessary. do you think houses of that quality cost 350$ a sq foot to build in Atlanta and elsewhere. NO>

Maybe you should hold off your comments unless you are better educated on what I'm talking about. The builder's work is in well read/ published magazines.

[scooterbug44]

Everyone thinks they can build things much cheaper, but few succeed because the reality is that if you COULD actually build for those prices, local contractors would be doing so and making $$$.

Good luck building a finished house in Cypress Dunes for $125 that conforms to local building codes and has comparable finishes. I think you can definitely do better than $350, but if you truly believe you can do $125, you are the one who hasn't done your homework. Building in Atlanta and building in Sowal are very different processes. Your builder (please say they have more qualifications than just being published in a regional magazine) will change their tune (and price) quickly when they start pricing rated doors & windows, stainless steel fasteners, hurricane straps, local materials etc.

It would be great if you could achieve it, but I've got $20 that says you can't! Challenge!

[csamps]

they are already building in the area. watercolor, etc, i think

[Bobby J]

Is lot on the market?

[Rambunkscious]

csamps, you can come close to what you are talking about for maybe $250, thats not exotic but upgraded finishes. Also, I thought you were talking about building in Cypress Dunes and not Atlanta.

Really, good luck to you, I was trying to help you, I'm a builder in the area and react when some people use numbers that are off wildly.

Building costs have come down, tho smart money still buys an existing "deal" rather than build. The $250 plus the lot might not compute in today's market unless you already have a lot that you bought pre-boom.

You are not alone in your situation. Building lots are keepers for awhile.

[4beachn]

Whats the lot # I would like to go look at it.

[csamps]

#114, on the Cypress Pond.

[dunelover]

no kidding. your sarcasm is unnecessary. do you think houses of that quality cost 350$ a sq foot to build in Atlanta and elsewhere. NO>

Maybe you should hold off your comments unless you are better educated on what I'm talking about. The builder's work is in well read/ published magazines.

Which builder are your referring to? I would like to check them out.

they are already building in the area. watercolor, etc, i think

Again, I would really like to know which builder.


A couple more questions for you.

Does the Hoa have control of the n'hood now, or still the developer?
Is the lot on the mls?

thanks

[SWGB]

no, of course, not. no one would be, and of course, i want to use that pool & club!

mine are paid up to date as well as the property taxes.

I hate to break it to you, but the design guidelines for the development are in the covenants of the HOA. That means your not exempt from them.

[csamps]

thank, you. i have read the HOA, as well as every single deed for the entire development.

you are correct, design guidelines HAVE to be met, but seriously, the plans that john willis had done are quite nice, at least i think so. plenty to choose from, that would meet approval.

[csamps]

developer still controls things as far as i know. not yet on mls.

builder just did the southern living idea home for st. joe

[Chickpea]

Everyone thinks they can build things much cheaper, but few succeed because the reality is that if you COULD actually build for those prices, local contractors would be doing so and making $$$.

Good luck building a finished house in Cypress Dunes for $125 that conforms to local building codes and has comparable finishes. I think you can definitely do better than $350, but if you truly believe you can do $125, you are the one who hasn't done your homework. Building in Atlanta and building in Sowal are very different processes. Your builder (please say they have more qualifications than just being published in a regional magazine) will change their tune (and price) quickly when they start pricing rated doors & windows, stainless steel fasteners, hurricane straps, local materials etc.

It would be great if you could achieve it, but I've got $20 that says you can't! Challenge!

Agreed wholeheartedly - this number seems way off to me....AND if you can find a builder who can do this, pls forward his name. I am sure they will not mind being inundated with work....

[Smiling JOe]

developer still controls things as far as i know. not yet on mls.

builder just did the southern living idea home for st. joe

Is this one of the prefab ("systems built") homes they did in WaterSound?

[SWGB]

Is this one of the prefab ("systems built") homes they did in WaterSound?

That's the most recent one built. It is in WaterSound North on the golf course correct?

[Smiling JOe]

That's correct, except they dropped the "North" part, and now call it WaterSound. That which used to be called "WaterSound," is now, "WaterSound Beach."

[Rambunkscious]

Is that the home Joe had open to the public back in the summer?
"2007 Southern Living Idea House, Tucker Bayou, Watersound, FL"
It won numerous awards built by Baltimore, MD based Haven Custom Homes, home was produced in its Ridgeland, SC factory, delivered and then finished on site in 150-180 days vs building it completely onsite which would take up to 15 months"

I toured the home and it was nice but not as nice as a Willis home, (IMO)
I think the sales price was around $950k including lot or so but thats just from memory so dont hold me to that. I believe one of the builders there assembled and finished this pre-cut home.

I wonder if they are still doing this...does anybody know (pre-cut home)
it does not sound like there is any cost savings to me. I know this type home has some design limitations but I think is actually better built than a site built home because its built on an indoor assembly line with a lot more precision.

[Rambunkscious]

Haven is owned by a public company (WIND) is the symbol, and wind is
minority owned by George Soros.

[SWGB]

Rambunkscious I believe you are correct.

[SHELLY]

Haven is owned by a public company (WIND) is the symbol, and wind is
minority owned by George Soros.

The Haven Group Inc. isn't owned by the public company "Wind River Systems (WIND)" (a tech company in which Soros has a stake)....it's actually owned by "Wind River Holdings" a private investment company in Pennsylvania.


.

[Yellow Hammer]

Haven Homes has built 6 houses in WS North (excuse me WS Beaches). They were also contracted to build 80 in Windmark through St. Joe/Mirival, but that fell through for obvious reasons. The savings on these is not found in the construction costs (and Haven will readily admit that), it is the time saved. Their mantra when I spoke with them is pick a plan before Memorial day and by Labor Day you will be sipping cocktails from your front porch. In 04-05 this would have been great when labor was sparce, but I have seen several very custom houses built in 4-5 months over the past year or so. And the site-built houses are higher quality than the ones that are shipped 1000 miles on flat beds with siding, windows and doors, insulation, drywall etc already installed.

[Rambunkscious]

Yes Shelley you are right!

I "misspoke", you know its so fashionable these days.

Nah, I just got the 2 companies with almost identical names mixed up; seems
Wind River Holdings acquired Haven Homes about 2 yrs ago. It's a private company and not connected to Soros...sorry. It sounds like a promising company but all the builders now are not living large.

[Rambunkscious]

sorry Shelly, not Shelley......

[Rambunkscious]

Yellow Hammer, seems like most folks now have plenty of time and not enough money. So I dont see an advantage to using these folks.

This conversation started out about money, someone who could build for an undermarket price ($125 psf) and as you posted "the savings is not found in the construction costs".......................................