How much for Resolution 4 prefab?
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Hello. I'm looking into building a modern home in the Minneapolis area. I really like the Resolution 4 prefab designs. Anyone know what the approx square foot cost is to build such a home in the midwest? Here's what I'm looking to build:
approx. 2500 sq ft
three bedrooms on same floor (kids!)
three car or larger garage or two car with outbuilding
interior finishes would be hardwood floors and moderately priced appointments.
In addition, anyone know of any land available in the Twin Citites to build such a home? I'm looking to build closer to the city and lots are hard to come by.
Thanks.
Darren
Greetings from a fellow Twin Citian.
See my blog here, Modern in MN, for all the gory details about finding land upon which to build a modern home in our area.
During the planning stages of our project, one of the inquiries I sent out was to Resolution 4 Architecture. I was told in the realm of $250+ per sq/ft.
I LOVE their work but that's not my budget particularly given the additional demands/costs of building for our climate.
Check in with several modular manufacturers. their prices shoulde be in the $ 80 to $ 100 sq. ft range for home above the sill plate. You could figure at least $ 20 k for your basement. Need your foot print. Site costs generally run 30% of the total budget.
terry
you can buy the Dwell home right now. its $650K here is the link to the house:
http://www.architectureforsale.com/address.php?property_ID=506
terryt, which modular builders are you referring to? The lowest I find in the TC area with any style similar to the R4A homes would be Hive homes at $125 sq/ft (including foundation costs?)
I question the foundation as the website says so but they seem to be the only ones to include that and I have not checked any further as of yet.
I have seen the Flat Pak and like it very much but it is also in the 650,000 range for the original posts recommendation and, come on $650,000?
In the prices you are stating, I will shovel this house down so building could start tommorrow.
To the original poster, check out hive homes, they state they have flexible floorplans and I bet they could cook one up close to theirs. The devil is in the details, as it were..,
Empryean quoted around $195 per square foot for FlatPak, and I think about $225 for Res 4--these were east coast prices which run generally higher than for the rest of the country.
Gee these guys are already selling the original Dwell house? Anyone know why?
Debra
Actually the price has been reduced to $585K, which I suspect is still quite a bit higher than the going rate for a 2000sf house in that part of the world. To be honest, I haven't had the moxie to ask Nate Wieler about this, but I suspect that he is trying to cash out while the novelty factor is still there. Plus he apparently has some other development projects in the works that he probably needs to infuse with cash. Considering the true cost basis of the house (factoring in all of the donations and concessions), I would say that $585K may be just above the break-even point for this project- not a slam dunk hit in my opinion.
As for the $650K price tag for the Flat Pak... I don't even need to quote PT Barnum on this one. It's basically a glorified Rocio Romero LVL house sitting on top of a Superior Walls foundation. Oh, and with a few Interface Flor tiles thrown in for good measure. :hm:
So Nathan sells dwell on a design study, they get a bunch of architects to buy in, there is a lot of hoopla about project, and in less than a year he splits the lot and sells the house.
His actions leave a bad taste in my mouth. :disgust:
sheesh. supply and demand people. what is wrong w/ selling a home for more than you paid for it? if the price is too high it won't sell. the only way contemporary prefab will make headway is if it is profitable. more companies will get into it and drive prices down. we should all hope any pioneer in this area risking their capital should become filthy rich.
If i come up w/ a way to build unique contemporary homes that even may be more inexpensive than current methods, i'll let the marketplace decide the price. why underprice what you work hard to build?
Capitalism is what makes America so great! Keep up the good work.
From reading here and there I have concluded that the search for contemporary cool something for nothing doesn't really pan out. The way to affordable modern is finding a slick architect who understands your goals, using unconventional materials or conventional materials in unconventional ways, finding closeout deals on materials, using alot of sweat equity(finishing it off yourself), sparse shell design, labor saving building methods. Read some of the build blogs and you'll find out what hard work it really takes.
Otherwise overall market price declines are driven by economies of scale. The question is: When the huge builders like Ryan etc... start building contemporary cool in the 100's of thousands will they be cool any longer?





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