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Old 10-15-2010, 04:59 PM   #1
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Sub Contracting out a new home?


How much money would you save if you sub contract out your whole house yourself? I guess I am just looking for a general number. Thanks.

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Old 10-15-2010, 05:01 PM   #2
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Sub Contracting out a new home?


10 per cent or around there...

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Old 10-15-2010, 05:28 PM   #3
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Sub Contracting out a new home?


If you are married and plan to act as the general contractor, I recommend you finalize the divorce papers before you start the project, because as the project progresses it will become increasingly difficult to reach an amicable split with your spouse. You need to figure the cost of marital discord into the overall cost estimate for the house.
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Old 10-15-2010, 06:12 PM   #4
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Sub Contracting out a new home?


One of the problems as I see it when acting as your own GC is you probably won't get the discounts that an established GC would.


Of course then theirs the subs and which ones are reliable and do quality work on time , maybe you know the ones to use and the ones to stay away from.

A good GC will know this.

Are you going to work full time while doing this also ... good luck.

10% plus or minus around here money well spent IMO for the Right GC.
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Old 10-15-2010, 06:33 PM   #5
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Sub Contracting out a new home?


Check out this thread
Contractor Problems. HELP PLEASE. kwikfishron
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Old 10-16-2010, 01:27 PM   #6
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Sub Contracting out a new home?


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Originally Posted by Daniel Holzman View Post
If you are married and plan to act as the general contractor, I recommend you finalize the divorce papers before you start the project, because as the project progresses it will become increasingly difficult to reach an amicable split with your spouse. You need to figure the cost of marital discord into the overall cost estimate for the house.
LOL

I did this 4 years ago. My background is heavy steel construction, so light residential work is a little different for me. Nevertheless, several of the principles are the same and I moved forward. I ended up going over budget about $70k - partly because the soil was bad and had to be replaced, partly because it was an expensive design, partly because I wanted certain features regardless of the cost, and partly because it's not what I do for a living.

If you don't understand construction, you will likely cost yourself more than you can potentially save. There's a couple up around the corner from me that built their own house. They are now selling it (or trying to) for about $100,000 more than it's worth. Why? Because that's what they have in it. Shocking.
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Old 10-17-2010, 09:47 AM   #7
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Sub Contracting out a new home?


Depending on the nature of the project, if you do none of the work yourself, if everything goes right: 10-20%.

If things go wrong: the problems and additional expense will seem endless.

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