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Mon, Aug 13, 12 at 19:36
| Hi guys,
Our plans are in the permit phase and we are negotiating with a builder we like. Here's the scope of the job 3400 sq ft single story Central California 500k cost to build Builders fee is 95k
I start searching for another builder?
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Follow-Up Postings:
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| That doesn't make sense! Well.....for CA anything goes but the GC IS the site manager which should be included in their fee!! If s/he is adding that on up front, be ready for ALLOT of up grade fees! Talk to several more GC's and find out if that's in line. |
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| I don't know about California, but in the Midwest that would be outrageous, unless these fees include something our GC did not. Here 10-12 percentage is the norm. It was 15% back in the day when real estate was booming. |
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- Posted by david_cary (My Page) on Tue, Aug 14, 12 at 4:26
| We had that around here back in the day. Fee would be 18% and they would also bill the supervisor's time which usually came out to $30k or so. Now 15% is more normal and I believe all the builder's that charged supervisor's time are bankrupt. Hubris extends to other things..... You should certainly be looking. I would expect that central CA is not a crazy expensive place for these things - you should be able to be in the 15-20% for total GC build. I'm sure that CA is still CA in the PITA factor for building. |
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