Help! Cost cutting needed
Long time lurker, first time poster here! This would be our first build. It is just my husband & I, and two dogs, no kids (or plans for kids). We want 3 bedrooms up for resale and would finish the basement later. I want a large island in the kitchen (I left a 4x7 island in our last house & miss it terribly).
We had a rough estimate from our builder, which was in line with what I was expecting based off other homes of similar size & features, so we proceeded to negotiate on a lot (a bad idea in retrospect, but husband was anxious & did not want to lose the lot!). We got our firm bid back and it was $50k over the high end of the rough estimate. We cut some things, had it rebid and are still more than $30k over. We were working under a fixed price bid with allowances for some areas. We cannot cut down on the exterior stone as we already have the minimum allowed under the covenants. For what it is worth, we are coming in at a build price of $312,000 (excluding the lot cost). This seems high to me for what we are trying to accomplish, but maybe I am crazy!?!
Some specs & allowance details:
1878 square feet up
9 foot ceilings - main level & basement(walkout)
Andersen 100 windows
Cabinetry & counters (some granite, no built-ins in living room or mud lockers included) $25,000
Appliances $4k(we would go over here!)
Tile in bathrooms, mud hall & laundry $7,000
Site finished & stained oak on remainder of main level $17,000
Landscaping (includes sprinklers) $8,000
Does anyone see where we could save? Or see how we can fit a large kitchen island, a nice mud space (with laundry connected to the master closet), and 3 bedrooms in less square footage?
Sorry if the dimensions are hard to read. I couldn't figure out how to get the image clearer. There are a few closer views in the photobucket album. Thanks a ton in advance!