Illustre, Home Buyer in Los Angeles, CA

would you have any idea how much it would cost to build a two story house on a 5000 sq. foot property in los angeles? I plan to buy land then build.

Asked by Illustre, Los Angeles, CA Tue Feb 9, 2010

from foundation laying to finishing. how much would it cost?

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Answers

9
Emily S. Knell’s answer
It all depends on how extravagant you want the home to be, this cost / sqft can vary greatly.

You can ask a respected builder in my neighborhood, his name is Paul Kalish with TKR construction, he's also my neighbor. 562-708-8926 or speak to an architect, also a neighbor of mine, Cheryl Williamsen with Paradigm Design at 714-381-3459. or see http://www.paradigmDsn.com

Even if you just need answers to very preliminary questions, I know they can help, they're good people.

emilyknell1@yahoo.com
562-430-3053 cell
2 votes Thank Flag Link Tue Feb 9, 2010
There are so many factors that will change the estimate you can get for this kind of project. I would recommend to take some estimates from different contractors, then you will know better about your cost and what is the city requirements.
Every city have different requirements that will determine in the blueprints the price changes.

Here is a number of someone we've used before: 310-619-5557(I've got his number from a coldwell banker's real estate agent in Los Angeles)
His name is Yanni and he is from a construction company that have been in business for 30 years, they will give you a better idea where you're standing.

Good luck.
Web Reference: http://loansworkout.com
0 votes Thank Flag Link Tue Feb 16, 2010
I would think LA would be about the same price as where I am located.

I am starting a new construction home next month. 2 stories, perfectly flat lot, knock down / rebuild, 1900 square feet , no garage - all living space.
Top of the line everything . My contract with my client is for $410,000.
0 votes Thank Flag Link Wed Feb 10, 2010
Hello Illustre,


That would depend if it's on a hillside as the ground work can be costly. A good rule of thumb is $250-$300 per square foot on a flat lot. Also keep in mind that financing options are pretty much unavaibale for construction loans and this would also depend on what finishes you choose. For a 1500 sq foot house that would be: $375,000 to $450,000.

For a 2000 sq foot house that would be: $500,000 to $600,000

Keep in mind these are estimates.

Best,

Monique Carrabba
The Carrabba Group
Keller Williams Hollywood Hills
(323) 899-2900
mcarrabba@kw.com
(323) 899-2900
0 votes Thank Flag Link Wed Feb 10, 2010
The approximate cost to build a home in the Los Angeles area is from $200 to $230.00 per square foot. There are many variables to this cost including consideration of the grading of Property. If you build on a hillside, it can add up to 20% to the building cost. Also costs will be variable depending on upgrades, fixtures, plans and permits. Its smart to contact at least 3 good building contractors in your area to get bids on building any property you might have in mind. Here is a link to a builders checklist, A link to plans by zip and by cost estimate, A great link for cost estimating software that will help estimate costs by your area, and a link for info on new construction.

http://www.saybuild.com/checklist.html
http://www.home-cost.com/construction-cost-per-sf.html
http://robcohenestimates.com/index.html (An LA Builder)
http://homeplans.familyhandyman.com/
http://www.mountain-tech-builders.com/manual.htm

I also know of several properties in the LA area that already have plans and permits that can be purchased for a very good price. If your interested , Just give me a call at 310-598-8634 and I would be happy to talk with you about many options that may be available to you, including teardown properties. Best wishes - Blaine Richards - Agent Keller Wiliams,
0 votes Thank Flag Link Wed Feb 10, 2010
You've been given some good parameters to start answering the query and you will need a few more. For example, the money you spend Before the foundation is poured can be the smartest money you will spend on the entire project.
Based on my 28 years in the architectural design business, I can tell you that we save our clients usually 25-30% on total project costs, by working with them from the very beginning - the Due Diligence and Design Programming Phases, all the way through Construction Administration. We typically save them 20x the costs of our fees.
We treat your money like our money. Please feel free to contact me if you would like additional information. CWilliamsen@ParadigmDsn.com
Web Reference: http://www.ParadigmDsn.com
0 votes Thank Flag Link Tue Feb 9, 2010
PS: And AFTER you have chosen an architect/ contractor, have them visit the potential site BEFORE you buy, to make sure the scope of work is feasible and cost effective.
Deborah Bremner
REALTOR, 00588885
Certified Short Sale Professional
Certified Home Retention Specialist
(D) 818.564.6591
TheBremnerGroup@gmail.com
Blogging at: http://TheBremnerGroup.com/blog
0 votes Thank Flag Link Tue Feb 9, 2010
There are huge variances on cost per square foot of building. These are based on topography (flat or hillside), local ordinances, one story or two, fit and finish, etc. A good resource for you would be
http://www.nahb.org/reference_list.aspx?sectionID=123
This site, the National Association of Home Builders, has great information on costs, tips, permits, etc.
Please contact 3 (or more) general contractors and/ or architects whose work you like (ask for references) and get your direction from them.
Good Luck,
Deborah Bremner
REALTOR, 00588885
Certified Short Sale Professional
Certified Home Retention Specialist
(D) 818.564.6591
TheBremnerGroup@gmail.com
Blogging at: http://TheBremnerGroup.com/blog
0 votes Thank Flag Link Tue Feb 9, 2010
You can approximately figure new construction to run anywhere from $250 - $300/sq ft. It will also depend on the "bells & whistles" that you apply to the home. I hope this give you a pathway. If you wish to speak to a contractor, try Hal Ladin 818-324-1804. Best of luck. Feel free to contact me if I can be of any additional assistance.
Sincerely,
Don Linden
Realtor / E-Pro / CMIS / BMA / CMMS
Relocation Specialist / Seniors Real Estate Specialist
DRE #01251120
"Thank you for thinking of me when referring your family, friends and business associates. It is greatly appreciated"
Prudential California Realty, Sherman Oaks
818-380-2138 (direct / voicemail) 818-515-8936 (cell)
818-386-9007 (fax)
http://www.DonaldLinden.com (website)
DLinden@sbcglobal.net (e-mail)
0 votes Thank Flag Link Tue Feb 9, 2010
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