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Auction on two lots in WaterColor

Smiling JOe avatar
SoWal Expert
11,478 views
Today, I heard that two lots in WaterColor will be auctioned on Dec 10. One lot is Lot 19, Cypress Cove.

Also, WaterColor recently sold one of their homes for $500/sq ft. When the builders are trying to sell homes in WaterColor at $1,000/sq ft, tempers are sure to rise. WaterColor may be hurting itself.:idontno:

Replies

68
Banned
#27
amazing aa absolute sits here and brags daily how cheap he can build houses and this and that . all i see is a builder trying to solicit business in cyber space.i don't see how you have time to build when you're on this board 24/7 talking trash. ok we know you can build cheaper than any builder alive. good for you but don't you think people are tired of hearing your smack?i'm sorry but your constant bragging how cheap you can build runs business off
Zebraspots avatar
Beach Fanatic
#28
AA's posts severely test my patience - I didn't want to get involved, but this is getting ridiculous.

Option 1 - There is a massive South Walton conspiracy and people who can't agree on anything from the flavor of restaurant entrees to rules for stray dogs have banded together to besmirch AA's good name because he builds quality homes for way less than anyone else and upsets the mafioso like price fixing in the local construction industry.

Option 2 - There's a reason why he's posting instead of building and so many people have carefully worded comments cautioning his prospective clients.
Banned
#29
Today, I heard that two lots in WaterColor will be auctioned on Dec 10. One lot is Lot 19, Cypress Cove.

Also, WaterColor recently sold one of their homes for $500/sq ft. When the builders are trying to sell homes in WaterColor at $1,000/sq ft, tempers are sure to rise. WaterColor may be hurting itself.:idontno:


Are they trying or selling? There's a big difference.
AAbsolute avatar
Banned
#30
You're building in WaterColor in the vicinity of $120-130 per sq ft? Plus plans, plus hardscape & landscape costs?

Depends on the house. The larger the home, the less per square foot. The smaller the home the more per square foot. I don't have a formula per square foot. For me, square foot pricing is a number that is arrived at after the bid on all the parts of a home. We just add up the price to construct all the individual parts of a home and that's the number. When we get that sum, I divide it into the various square footages to show the price per square foot.

One recent bid on a turnkey project could be described as:

4,167 HVAC space @$133 is 554,211
1,360 Porch space @$85 is 115,600

The square foot price has nothing to do with obtaining a price. It is merely a general/probable analysis of the price that was derived at.
AAbsolute avatar
Banned
#31
amazing aa absolute sits here and brags daily how cheap he can build houses and this and that . all i see is a builder trying to solicit business in cyber space.i don't see how you have time to build when you're on this board 24/7 talking trash. ok we know you can build cheaper than any builder alive. good for you but don't you think people are tired of hearing your smack?i'm sorry but your constant bragging how cheap you can build runs business off

Isn't this what I told you the other day when you asked me about building for you?

All of this said, you may want to look at Chris Clark, Brad Beauchamp, Doug Allen or Tony Martin. They have all built in JOE communities. I like the way their homes look and they might be priced well.

You seem to be pretty strange. I tried to help you with free information and asked nothing from you. What builder gives out the names of 4 competitors to someone considering hiring them?


I like Sowal.com I check it in the morning, sometimes at lunch and in the evening. We are living without TV and are getting our content from the web. Look for a steady stream of Posts from me in the future.
AAbsolute avatar
Banned
#32
If he is, I don't want to be in or near that house when the tropical winds start a blowing! :blink:

You took that to far ScooterBug. I don't know what your problem is. Why don't you and your significant other call me 850-978-8233 and tell me about yourselves so you are not anonymous to me anymore?
AAbsolute avatar
Banned
#33
AA's posts severely test my patience - I didn't want to get involved, but this is getting ridiculous.

Option 1 - There is a massive South Walton conspiracy and people who can't agree on anything from the flavor of restaurant entrees to rules for stray dogs have banded together to besmirch AA's good name because he builds quality homes for way less than anyone else and upsets the mafioso like price fixing in the local construction industry.

Option 2 - There's a reason why he's posting instead of building and so many people have carefully worded comments cautioning his prospective clients.


SJ said: I think you are off on your figures. I am not sure which phase the sale was in but the cheapest lot in WaterColor currently available is just under $500,000. Add another $50,000 for home plans, and you are left with only $225 per sq foot based on a 2,000 sf home. I have not seen the min sf for homes in Ph IV, but my guess from looking at the current homes being built there, is that they will be well over 2,000 sf. Again, this is the math for the cheapest lot in WaterColor. There are only a small handfull of lots in WC priced near this figure, so to say that people can easily build there for $500/sf may be stretching it.


I was trying to be clear rather than general about pricing, that's all.

I calculated and cut in four hips yesterday. I checked Sowal in the morning and in the evening. We have received 30 inquiries for work this month and have referred out several builders who look like they do nice projects. Those builders don't know that I refer them and I never ask anything of them.
Banned
#34
lol i find it amazing we're in a real estate DEPRESSION( pending home sales for dec down a massive 4% today) and builders left and right going under and aa absolute is thriving. so the 1000's of stock people with 500k-$2 mil lots in south walton that at worth 20% of prices paid in 2005 call aa absolute so he can build for you and get you whole again. lol
traderx avatar
Beach Fanatic
#35
lol i find it amazing we're in a real estate DEPRESSION( pending home sales for dec down a massive 4% today) and builders left and right going under and aa absolute is thriving. so the 1000's of stock people with 500k-$2 mil lots in south walton that at worth 20% of prices paid in 2005 call aa absolute so he can build for you and get you whole again. lol

Not sure what the big mystery is. Link is to another builder's website which shows pricing for building cottage plans. Don't know this builder or anything about him but nice presentation.

http://steveingramhomes.com/cottageplans.html
AAbsolute avatar
Banned
#36
lol i find it amazing we're in a real estate DEPRESSION( pending home sales for dec down a massive 4% today) and builders left and right going under and aa absolute is thriving. so the 1000's of stock people with 500k-$2 mil lots in south walton that at worth 20% of prices paid in 2005 call aa absolute so he can build for you and get you whole again. lol

Were you just fooling around when you wrote me several times asking me for advice? I don't know what I did to you. I was just sharing my thoughts about the questions you asked me. That's real strange behavior.
AAbsolute avatar
Banned
#37
Not sure what the big mystery is. Link is to another builder's website which shows pricing for building cottage plans. Don't know this builder or anything about him but nice presentation.

http://steveingramhomes.com/cottageplans.html

Those homes look good and the pricing suggests he is earning money even though they're priced under $120 per foot. Isn't this prima facie that the cost of materials is under $100 per foot?

Going forward, can we please all stipulate that unless someone out here proves differently the cost of materials only is at or about $100 per square foot? All across the country builders are building fully loaded homes for what the locals in Sowal will tell you is impossible or illegitimate. Go ask someone in Atlanta or Memphis or Dallas what kind of home they can get for $300 per square foot.

Edited

Beach Fanatic
#38
Those homes look good and the pricing suggests he is earning money even though they're priced under $120 per foot. Isn't this prima facie that the cost of materials is under $100 per foot?

Going forward, can we please all stipulate that unless someone out here proves differently the cost of materials only is at or about $100 per square foot? All across the country builders are building fully loaded homes for what the locals in Sowal will tell you is impossible or illegitimate. Go ask someone in Atlanta or Memphis or Dallas what kind of home they can get for $300 per square foot in ANY development along 30A.

I'm with you on this one. In those cities and most others, $300 per square foot will get you the Taj Mahal with solid gold fixtures everywhere. It's ridiculous that builders think it's reasonable to charge in excess of $150 per square foot (prices should be below this figure even with huge allowances for trim, flooring, tile, appliances, lighting, plumbing fixtures, etc.)
traderx avatar
Beach Fanatic
#39
I had this discussion several years ago with SoWal builders. They were quoting $250-300 PSF. I had just built a home in metro Atlanta for $130 PSF and asked each builder how such a difference could exist. No good answer. I never built a home in SoWal because I could not justify it to myself.

If you consider that Steve Ingram's largest home shown on the linked page is $110 PSF, what on Earth can one put into or add onto a home to get it to $300 PSF? :idontno:
Matt J avatar
SWGB
#40
I had this discussion several years ago with SoWal builders. They were quoting $250-300 PSF. I had just built a home in metro Atlanta for $130 PSF and asked each builder how such a difference could exist. No good answer. I never built a home in SoWal because I could not justify it to myself.

If you consider that Steve Ingram's largest home shown on the linked page is $110 PSF, what on Earth can one put into or add onto a home to get it to $300 PSF? :idontno:

Custom hurricane rated windows and doors. ;-)
scooterbug44 avatar
SoWal Expert
#41
So build a decent house in Sowal for $110 sqr ft. and shut us all up. I am so sick of this discussion.

$110 says you can't! :wave:
traderx avatar
Beach Fanatic
#42
Custom hurricane rated windows and doors. ;-)

Are hurricane rated windows and doors required by code? If so, Ingram would already be using them.
scooterbug44 avatar
SoWal Expert
#43
Took me less than 2 minutes to find code issues w/ those plans and I didn't even stay at a Holiday Inn Express last night. :roll:
John R avatar
needs to get out more
#44
i guess you guys would freak out in a`market where 400-450/sf is the norm. my first house in telluride was 900 sf for $130,000 back in 97. The builder was applauded for getting a bunch of first time buyers into affordable housing. Not cheesy finishes either, slate floors in baths and kitchen. I sold it for 170 2 years later and I thought I was the bomb. They're listing for 300,000 now. even deed restricted.
Beach Fanatic
#45
i guess you guys would freak out in a`market where 400-450/sf is the norm. my first house in telluride was 900 sf for $130,000 back in 97. The builder was applauded for getting a bunch of first time buyers into affordable housing. Not cheesy finishes either, slate floors in baths and kitchen. I sold it for 170 2 years later and I thought I was the bomb. They're listing for 300,000 now. even deed restricted.

We are talking about building costs, not selling prices. Your example of $130k for 900SF only equates to $140 per SF--was that the builders cost or did it include land and markup. And, it sounds like the $300k is the current resale value, not building cost. Also, it almost always costs more to build in places like Telluride where it is much more difficult to get materials in and out, the weather wreaks havoc on building conditions for a good part of the year and labor is scarce. This is not the case with SoWal. So, it may cost more to build in Telluride, but I would guarantee you it does not cost anywhere near $400 per SF in Telluride.
AAbsolute avatar
Banned
#46
I'm with you on this one. In those cities and most others, $300 per square foot will get you the Taj Mahal with solid gold fixtures everywhere. It's ridiculous that builders think it's reasonable to charge in excess of $150 per square foot (prices should be below this figure even with huge allowances for trim, flooring, tile, appliances, lighting, plumbing fixtures, etc.)

Is this the same Fisher from Sowal days gone by? I was sure you would never agree with anything I said. Don't worry, I won't let it go to my disfigured head.
AAbsolute avatar
Banned
#47
Took me less than 2 minutes to find code issues w/ those plans and I didn't even stay at a Holiday Inn Express last night. :roll:

That's very nice of you.
AAbsolute avatar
Banned
#48
Are hurricane rated windows and doors required by code? If so, Ingram would already be using them.

Windows and doors need to meet design pressures along the coastal areas, but impact glass is not mandated. The code is asking for opening protectives in the Windborne Debris Areas which is essentially the bay South. There are a number of opening protection options available.
AAbsolute avatar
Banned
#49
Custom hurricane rated windows and doors. ;-)

We put + or - $85,000 worth of custom impact widows and doors into a home with 4,900 square feet under roof. I think that's about $17 per sq. foot.
AAbsolute avatar
Banned
#50
Custom hurricane rated windows and doors. ;-)

There is a guy on here on Sowal who can't be stumped on windows and doors. His handle is ASH. You just can't stump him. If you ever want to know anything about windows or opening protectives you should really save his name. For the record, I haven't bought anything from him and we're not partners or anything like that.
traderx avatar
Beach Fanatic
#51
Took me less than 2 minutes to find code issues w/ those plans and I didn't even stay at a Holiday Inn Express last night. :roll:

Would you kindly share a few of the code issues with us?

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