John_W |
07-22-2014 02:45 PM |
Quote:
Originally Posted by DangeloInspections
(Post 911340)
As a devout "Do it Yourselfer" I designed and built my own house in western NY. It was one of a kind, quite nice, and I miss many interesting things about it. The roof rafters were 16" o.c. 2x10's 26 foot long. Big house...
|
I did something similar in Pensacola back in the late 70's. I purchased a new home in 1976 with a VA loan in St. Petersburg. A year later I sold that home and moved to Pensacola and purchased a new home there in 1977. Both times I took notes of every phase of construction and sub-contractor that went into the building. I checked into the law and found that I didn't need a contractors license to build a home if it was for myself and I lived in it for one year.
In 1978 I sold that home in one week and moved into a rental and purchased a lot for $7500. I drew up plans for a 2600 sf rancher with a 2 car garage and had a residential designer make me 7 sets of blueprints, you didn't need an architects seal unless it was commercial property. I went to the nicest subdivision in Pensacola, where at the time they were building homes for $300,000 and above. I ran down framing crews, brick masons, etc. and got estimates for every phase of work. I had a friend who was an outside salesman for a home improvement center, this was before Lowes and Home Depot. He gave me estates for every bit of materials from windows, doors to roofing. I took the deed for my lot and the plans and all the estimates to a bank and got a construction loan for $52,000 paid out in four draws.
All this time I was working a full time job 40 hours a week, I did volunteer for the swing shift so I didn't have to work until 3pm, which gave me the mornings to be at the job site. In 1980 I sold that home and bought a bigger lot for $15,000 in an area of the future 'Parade of Homes' and moved into another rental. I got another construction loan, this time for $70,000 and I even had an 18x36 swimming installed. It turned out to be a beautiful home. Both homes I contracted we used framing with 6" exterior stud walls 16" on center, also every feature I could think of I had installed, central vacuum, fire place, ceiling fans, etc. Only took 11 weeks to finish from the time we broke ground until we moved in. Even though I only lived in both homes for just over a year, I almost doubled the cost when I sold them.
|