Realtor, General Contractor, and Developer · Redding, CA · Member since 2009 · 7k+ posts · 4k+ votes
Re-designed. The city at first wanted a rear loading garage, and we designed the house with that criteria. Then, they decided that they wanted the garage in the front of the house, so our architectural designer (and son) rushed a re-design and in a few weeks came up with this new style. What do you think? It's a little over 3100 sq. ft., 4 Bedrooms 3 Bathrooms, Open living space. Option for an elevator from the garage level. Now that garage is up front, there's plenty of room for pool or ? We will submit for permits next week.
This will be in San Clemente. Haven't priced it yet, but thinking $1.2-$1.4 million. Floor plans, are on website, and will have additional rendering of interior as they get done!
Developer · Garland, TX · Member since 2008 · 8k+ posts · 4k+ votes
12y
Yes, there are a lot of moving parts in a spec build, and usually a few surprises. Some can be happy surprises, though, like exit values 10-20% above projections because of inflating markets. May you receive such a gift.
Full-Time Investor · Charlotte, NC · Member since 2009 · 2k+ posts · 1k+ votes
12y
I love it..I'm currently building 6 specs, with a few other lots in waiting..I'd really like to do a modern design like this sometime..Would you do the basement/garage as poured walls, or block?
Realtor, General Contractor, and Developer · Redding, CA · Member since 2009 · 7k+ posts · 4k+ votes
12y
@Will Barnard and @Kirk Zacharda it is ocean facing! As for the electrical, our son in law is our electrical contractor, sorry. @Account Closed The garage walls will be block. Thanks for the comments guys!
Aside from loving the modern styles, when you are going 3 stories, and have the height limitations, and narrower lots, contemporary style with no rooflines really work. We have another lot we are looking at that requires a rooftop deck to catch a view, and the lot is only 4500 sq. ft.!
Full-Time Investor · Charlotte, NC · Member since 2009 · 2k+ posts · 1k+ votes
12y
I've debated this a few times..do you find a large savings using block vs poured walls? What was the lot cost? What sort of weather proofing do you have to do under a rooftop deck?
It should be around $400,000-$450,000 which doesn't include any money for design, or other upfront stuff we've done. Of course, it will be dependent on finish work too, whether someone wants the elevator, etc. But that price includes granite, wood flooring, carpeting, upgraded cabinets and appliances. My husband and son will do the dirt work, and our son in law, who is a partner, does electrical, plus we are brokers - all of which come in handy. I'm thinking you can do it for much less in Texas!
We bought the land for $375,000. It wasn't on the market.
Realtor, General Contractor, and Developer · Redding, CA · Member since 2009 · 7k+ posts · 4k+ votes
12y
@Jon Klaus You know how this business goes, everything doesn't always go according to plan, but with the margins we have, we feel comfortable. We were able to get a really good buy on the land, which helps tremendously.
Developer · Garland, TX · Member since 2008 · 8k+ posts · 4k+ votes
12y
Yes, there are a lot of moving parts in a spec build, and usually a few surprises. Some can be happy surprises, though, like exit values 10-20% above projections because of inflating markets. May you receive such a gift.
Developer · Santa Clarita, CA · Member since 2008 · 15k+ posts · 10k+ votes
12y
Wow, only $130 per square foot? That seems very inexpensive for a modern 3 story on the beach which requires higher end finishes. If you can build for that, you should be doing several of these at once.
The price you paid for the dirt is a steal as long as all the other numbers you posted come in there. Looks like a 65% or better all in deal. What is your total timeline? I am assuming you had to go through costal commissions? Thatbalone can take a lifetime, ask me how i know!
Realtor, General Contractor, and Developer · Redding, CA · Member since 2009 · 7k+ posts · 4k+ votes
12y
@Will Barnard The property is several blocks from the beach, however; it does have an ocean view. (if you go to my website you can see the google earth image) As for the coastal commission, because there's nothing like drainage, etc. that will impact ocean directly, the city has jurisdiction, so no coastal commission approvals necessary.
We will be doing more, in fact are in negotiations on the land (but you know how things go once you get into the holidays). We should be finished in the summer, as long as a buyer doesn't come in and want upgraded cabinets from Italy etc. that's what happened on our last house and it slowed us down by a few months. Learned that lesson though, we'll exercise way more control this time, and limit customization.
The fact that we do different phases of the jobs ourselves, (where it makes sense and are our own brokers), plus get contractor pricing, etc. saves considerably.
NOTE: Though the design has a great look to it, there's no big rooflines or wall variations, which make for easier framing, etc. The closer to a box you get the cheaper to build. Also the floor joists are 20" between the floors and allow us to run all electrical, HVAC, ducts, etc. through them. Limited load bearing walls, etc.
It reminds me of the designs now prominent in my home town Adelaide S. Australia. Esp the beach front properties.
If you get the time take a look at some of the tight in-fill designs that max build space as you have done in yours. This is the site that emails me all the latest homes for sale.
Realtor, General Contractor, and Developer · Redding, CA · Member since 2009 · 7k+ posts · 4k+ votes
12y
@Pat L. (would't let me @mention you, works better when you have your last name, sorry!) Anyway, thanks for the link. You're right in that other countries have been using this style for much longer, as they do modular construction, etc. I like the simplicity of the design myself, it just looks so clean.
The area where we are building, San Clemente, CA in southern California has ALOT of homes that are California Mission style. We tried to get that spirit with the color of the stucco, and the rustic color for the wood, but on an updated modern. Hopefully someone will like it and snap it up!
Realtor, General Contractor, and Developer · Redding, CA · Member since 2009 · 7k+ posts · 4k+ votes
12y
@Pat L. All of California has earthquake standards built into our codes, but we've had them so long it isn't really any big deal. It's kind of like where it snows a lot, you have structural things built into your code to handle the weight of the snow, etc. As for the topography shifts, we have engineers that do soils testing and based on the type of soil, make determinations as to what design standards will be necessary.
You might want to consider using your last name on BP, it makes it possible for us to @mention you so you are notified when you are mentioned in a post, etc. For some reason with just the initial I can't do it.
You might want to consider using your last name on BP, it makes it possible for us to @mention you so you are notified when you are mentioned in a post, etc. For some reason with just the initial I can't do it.
Karen, if you quote the post, I believe the @mention works automatically.
Real Estate Investor · San Clemente, CA · Member since 2011 · 209 posts · 47 votes
12y
What street in SC? (I'm assuming downtown near Del Mar) We love this town, everytime we come back from a trip somewhere we always ask ourselves "Why would we leave?" In the right location it should sell quickly here.
Real Estate Investor · San Clemente, CA · Member since 2011 · 209 posts · 47 votes
12y
A bit further north east of where I was thinking, figures, there is not much land in the downtown left.
The North Beach redevelopment, and the Marble Head development should help that area. It would be cool to add a garage for an NEV (Neighborhood Electric Vehicle...golf cart), that would make the downtown much more accessible etc.
I'm excited to see how the project progresses, you chose a great town.
We bought the land for $375,000. It wasn't on the market.
Was it a tear down of an existing house, or a vacant lot in a new subdivision. Does your estimate of construction costs include financing? I have built one house, I found that because I was not a large established builder, that I had to discount it significantly relative to market to sell the house. What has been your experience in that respect?
Investor · Honolulu, HI · Member since 2013 · 32 posts · 4 votes
12y
Hi Karen Margrave nice design. Contemporary style works good if it fits into context...not too contrast with existing homes. Have you done flat roofs in residential?...just make sure you detail it correctly for drainage so you don't get water damage. Wood gives it warmth on exterior but has maintenance issues for owner...if protected from sun better.
Put a surfboard up in balcony for next rendering!...lifestyle sells.
Todd
Realtor, General Contractor, and Developer · Redding, CA · Member since 2009 · 7k+ posts · 4k+ votes
12y
@Todd Nordstrom I passed along the suggestion of the surfboard, and I'm sure it will go on the rendering! Also, my son said as for drainage, there's 4 double drains, and the roof drains from the center to outside.
@Andrew O. It is on Calle Redondel. We kind of like that area, as it's beach close yet away from the congestion of downtown. We'll consider that on the NEV, there's still plenty of room in the back of the lot for such a set up.
@John Rooster it's an infill lot that has never been built on. New homes, on the ocean side of the freeway are very rare, and modern architecture, rarer still. There's not really anything for sale in that area, as most people hang on to their property. The few that have sold in the past few years were older houses of about 500 sq. ft. and they sold for top dollar, that were bought for future builds. In addition, in areas such as this in Orange County, properties are appreciating, so we don't expect to discount. We haven't priced it yet, but will do that soon.