Gulf Shores - Orange Beach - Perdido Key Topics: Builders 250-400/sf
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Name:
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woodman60
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Subject:
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Builders 250-400/sf
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Date:
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1/29/2009 9:17:31 AM
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The market much be significantly better on the lake than I thought. Great!
My initial post was to see if most people thought the price of construction on the lake was out of range with....say Eclectic, Alexander City. It appears that there is a 'lake premium' that has been calculated into the cost of building on Lake Martin and I would think most second home or resort communities have this (beach, mountains, ski and golf areas). My point.... a 5000 sq ft house in Alexander City new construction might cost $125 / sq ft. turnkey.... but, move the SAME house just 15 miles south then it cost $150 to $200 / sq ft. or an additional $125000 to $375000 more. That is a lot of gas money.
Why does the SAME lumber, windows, tile, granite, Hardi plank, rock, wire, insulation, ect. cost so much more only 15 miles away?
I dont mind paying a fair price to have the work done, but with $$ in short supply, some compromise will need to happen before I will pay the surcharge. I will bid the house out turnkey and see what the price will be but i will also get bids from outside of the Lake Martin region. Will go from there. Just my thoughts
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Gulf Shores - Orange Beach - Perdido Key Topics Forum
