Do finishes change the prices that much?
The fiance and I have been going through model homes and looking at builders to build on our property. Im having a hard time believing nicer finishes can raise house prices $30-40/ft. A basic tract home here in Texas can be $55-60/ft. Semi custom home builders are wanting $100-105/ft.
To the differences:
cultured marble sinks
80%+ brick rest wood siding
hand scraped floors (some were engineered and some nail down hardwood)
low to mid granite
rounded drywall corners (with some arches)
cultured marble bathroom sinks (other than master)
some box ceiling treatments
3-5" baseboards and partial house crown (3")
10-20% stone, rest brick
These didnt include the lot prices. Now I understand that Texas is much cheaper than other places in the US, but I find it amazing that the same house with the differences listed above could cost $60-100k depending on the size. Am I crazy to think that these prices are a little off? I have a guy I know who is a builder in a couple counties away who recently built a house that was 3100sq ft + 720ft garge (total under roof 3800sq ft) with lots of custom maple cabinets, 140 linear feet of granite, mid level appliances, etc for $220,000 (not including lot or his profit). So that is $71/ft if you divide by living space or $58/ft by total under roof space. Say an average of $68/ft. These are the same finishes all the builders in my county want $100-105/ft for. Unfortunately I cant get him to come build for me or I would. Builders are doing cost + 10% now a days so even if you add $25k profit, we are under $80/ft.