Build A New Home

Since I thought it was more important to spend money on highheels and expensive dresses, I FORGOT to buy home owners insurance. And I really need someone to build me a whole new house for free!

So which candidate started this hurricane Obuma or Nursing home old fart McCain?

Well, I read on MISNBC that George Bush personally toppled the levee himself! I'm sure its true cause I read it also here on YA.

2008-09-01 09:26:49 by Glitter S

As the oldest family owned builder of new homes, Shea Homes has proven experience and expertise when it comes to home building. This builder of ...

I am thinking of selling my current home and using the equity to build a home on land I already own. I am looking for a fair middle-of-the-road estimate per sq ft that I can expect to build a semi-custom home. Nothing extravagant, but I don't want to feel like I just moved into a cookie cutter garden home. Likely 2story+basement 4bed/3.5bath approx 3500 sq. ft. The property is a few hundred undeveloped acres in the Southeast U.S. about 25 miles from an urban center. All utilities are available within 500 feet of the site.

well - who is your contractor?
in construction...you take bids from three or four of them. unlike an auction at Sotheby's - when you're talking construction, the lowest bid per sq ft. or for the entire project comes out on top.
location also has something to do with it. are you building in swamp land or in a high-density, high-traffic area?

2007-04-23 09:01:16 by James L

It is for an economics assignment, and I presume it has to do with demand and supply factors...it would be great if someone could help me out in a little more detail.

By the way it is for an economy which saw a massive housing boom in 2006, where the price of some houses doubled in value and due to an excess in demand and a short fall of labour people were left waiting on average 2 years for their homes to be constructed. Then the market slowly slowed down by the end of 2006/2007 and now the average home only takes 6 months to build.

Could this be because the prices went up so fast that people couldn't afford to buy or build so demand fell but supply remained constant???

I would really need to apply an economic theory but I am not too sure which one.

All feedback is appreciated.

I would say that its an low demand type model. When a ton of houses were being built, there was a ton of demand, and because there was so much demand, resources were stretched very thin. Now that we have significantly lower demand, all of those producers have a lot of excess production capacity, and thus utilize that capacity to build a home at a much faster pace, but at similar cost.

2007-04-09 08:38:45 by roaring_leo

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It is for an economics assignment, and I presume it has to do with demand and supply factors...it would be great if someone could help me out in a little more detail.

By the way it is for an economy which saw a massive housing boom in 2006, where the price of houses doubled in value and due to an excess in demand and a short fall of labour people were left waiting on average 2 years for their homes to be constructed. Then the market slowly slowed down by the end of 2006/2007 and now the average home only takes 6 months to build.

Could this be because the prices went up so fast that people couldn't afford to buy or build so demand fell but supply remained constant???

I would really need to apply an economic theory but I am not too sure which one.

All feedback is appreciated.

I would have to say that a 6 month time frame would be a standard build cycle for any average home. And, the fact that the time frames were lengthened were a cause of either lack of resources on the builder's part or a lack of manpower to keep up with the demand for the new construction.

In real estate, it's all about Supply vs. Demand!

2007-04-09 08:40:29 by roaring_leo

My house used to be one 4 bedroom terraced house and 4 years ago it was converted/seperated into 2, 2 bedroom terraced house's. Does this mean that my house classed as a new home? I am having difficulty selling my home, as the buyers solicitor is asking for new homes warranty certificate.

A new build is where a property is being purchased for the first time from the Builder or Developer. Your house is not a 'new build', It is newly refurbished at best but if the work was done 4 years ago, you will be stretching even that definition. Sorry! :-(

2009-12-16 12:10:02 by Stuby