Clint was accurate in his price range descriptions. We have recently had a custom home built and think the world of our contractor. If you are looking for one, call Vern Liesinger at 541-580-7551. If your experience with him is anything like ours, you will be thrilled.

Hi Dr. Phil.....Melrose is one of the more, if not the most, appealing locations in Roseburg west. I am a local appraiser (State Certified) in Eugene and travel to Douglas County often for new construction ranging from standard city tract home to custom, river front or large acreage.

Melrose land carries a premium, and building is not cheap now either. I can help with market analysis and unsure if you are building with cash or require a loan, which requires appraisal. I would (from the hip) suggest a per square foot budget of $75/sf average or above quality to $125/sf custom quality which I realize is a large range, but excludes land and site development (well, septic, etc...)...I would need to know more, but can help.

Example:

TLA = 2,750sf x $100 = $275,000
Deck, Appliances, FP: $20,000 (stainless steel? Lots of Decking? River Rock FP?)
Garage = 500sf x $30 = $15,000
Replacement costs new total = $310,000
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Depreciation:
Physical = 0%
External = 0%
Functional = 0%
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Site Development = $50,000 (landscape, fencing, road, well, septic, power, etc)
Site Value = $200,000 (could be less, could be more)

= $560,000.

Now, does market comparables support this conclusion? Please visit my website and search the Roseburg market for comparable properties for sale that might? An appraisal considers both sold and active, but present market conditions are best measured with active data.

Regards, Chris@HouseNow.com
541-284-2511
http://www.HouseNow.com