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How Much Does It Cost To Build A 3 Bedroom Home All Locations : Nationwide Real Estate Advice

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Showing results for How Much Does It Cost To Build A 3 Bedroom Home [Clear search]
Mike Hart, Real Estate Pro in Albuquerque, NM
Wed Nov 16, 2016
Mike Hart answered:
I wouldn't call you insane, even if you were. :)

I just wonder if the things you hate about the house could be changed or corrected.

What is it that you hate about the house?

It seems like you would probably be taking a bit of a loss to sell a house immediately after purchasing it, but if your happiness can be achieved by doing so, that does not seem insane. It seems more insane to stay in a house which you hate so much it makes you cry! ... more
0 votes 52 answers Share Flag
Bill Eckler, Real Estate Pro in Venice, FL
Sat Jul 25, 2009
Bill Eckler answered:
Pamela,

You are one of many looking for this option. and we're sorry to say in this arena the demand exceeds the supply.

But your best bet it to work with multip[le agents to identify these opportunities since mose are not advertised as such. The agent on the otherhand may have an understanding of the seller's level of motivation and what they are willing to do.

Good luck
The Eckelr team
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0 votes 6 answers Share Flag
Michael More…, Real Estate Pro in Los Gatos, CA
Fri May 30, 2014
Michael Moresco answered:
Hi Superschick,

When you take a look at what makes a community work it is several factors. Yes Saratoga and Cupertino have better schools in regards to API scores, but LGHS is still amont the upper escalon as far as High schools go in Santa Clara Valley. Take a look at the downtown areas, Cupertino is more a bedroom community with multiple pocket areas for shopping and no real dwontown, Saratoga's Downtown is going thru a transition, Campbell and the Willow Glen areas have great downtowns like Los Gatos does, but not all their schools compare to Los Gatos's. Los Gatos is still a town with a small town feel, where the community as a whole is very supportive of the town and its activities,couple that with a low crime rate, wonderful location and you can see that when you look at the whole package Los Gatos is hard to beat. ... more
0 votes 15 answers Share Flag
Betty A. Lew…, Real Estate Pro in Vienna, VA
Fri Jul 17, 2009
Betty A. Lewis answered:
Tony, I would have to think you saw the house and would have been able to determine the number of bedrooms in it. To qualify as a bedroom, in Virginia, a room has to have a closet and a window within 42" of the floor. If you had a buyers agent, they should have been able to tell you that. Since you are out of state, I do not know what recourse you would have but your attorney should be able to advise you. Hope that helps. ... more
0 votes 7 answers Share Flag
Annmarie How…, Real Estate Pro in Toms River, NJ
Tue Jul 14, 2009
Annmarie Howley answered:
Cstulia,

First you can go to the township and ask them to update their records. You can also have a Realtor do a Comparative Market Analysis to challange the appraisal. However, keep in mind that because the addition cost you 180,000 does not mean that your home is now worth 180,000 more. Also,a bedroom should not have a walk out to the yard to be considered a bedroom. I hope this helps you. Good luck.

Annmarie Howley
Coldwell Banker Flanagan Realty
732-330-8903
... more
0 votes 5 answers Share Flag
Sellin' With…, Real Estate Pro in Jacksonville, FL
Mon Oct 17, 2011
Sellin' With CC Team answered:
I think your husband would be surprised at how much you could afford with todays prices and interest rates.Besides it should be about affordability. He and you should look at the actual costs and if your payments would be comfortable to you. To get the best rates most lenders are requiring a 680 cedit score and your debt below 30% of the limit. But for FHA most can qualify with a 640 credit score. The rates and guidleines change all the time, so it is good to know where you are currently and what you can afford. I am writing a contract today for $85,000 condo. I just sold a short sale in Orange Park, 1800 sq ft for $117,000. Your payments will most likely be lower than what you are renting for. Also, in Real Estate you make your money when you buy. This home does not have to be your dream home. It needs to be a good starter home without many propblem that you can grow equity. So when you life changes in 5 years or whenever you will have equity in the home so you can upgrade. That is exactly what I am doing. I bought a townhouse and just married with baby on the way. We are happy and payments are low. We know in a few years we will need a bigger house and will be able to afford it because of the equity. It never hurts to look. Good luck. ... more
0 votes 20 answers Share Flag
Mimi Francis, Real Estate Pro in Cary, NC
Thu Aug 6, 2009
Mimi Francis answered:
Hi, Ken - congrats on your decision to move to our area. While it's true our local economy is not as strong as it was a year ago, we're faring better than most areas during the downturn. A report out just this morning forecasts the Triangle area to double in population by 2025! That price range is the higher end of our market and it has activity in that range has softened significantly. Each seller's situation is different, of course, but those that have to sell are feeling the pinch thereby increasing buyer's bargaining power. I'm happy to send info on homes in that range and recent sales activity, if you'd like. We lived in the Northeast for years and the move to NC was a great move for my family - I hope it is for yours, too! ... more
0 votes 19 answers Share Flag
Lizete Santos, Real Estate Pro in San Francisco, CA
Thu Sep 24, 2009
Lizete Santos answered:
There currently is a home for sale in Upchurch Farms, it meets your criteria except the sq. footage see the link below:
http://trianglemls.mlxtempo.com/Pub/EmailView.asp?r=352699516&s=TRA&t=TRA

It'll be very difficult to build in that price range in that area. You'll have better luck purchasing a resale home.
Be aware that school reassignment is commonplace and there are no guarantees that these schools will be the same for an extended period of time.

Good luck,
Lizete
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0 votes 11 answers Share Flag
Steve  Koffm…, Real Estate Pro in Cape Coral, FL
Mon Mar 17, 2014
Steve Koffman answered:
Hi Linda,

You can access thousands of photos, virtual tours, mapping and more at www.search.capecoralhomesnow.com . If you have any questions or would like some help, we are very experienced and would appreciate the opportunity to help in any way!

Steve Koffman
Century 21 Sunbelt Realty, Inc.
#1 team in Florida, #3 team in US for 2008
Steve@Koffman.com
239-443-2463
... more
0 votes 23 answers Share Flag
RJ Avery, Real Estate Pro in Forney, TX
Wed Dec 10, 2014
RJ Avery answered:
I have dealt with megatel and zach the builder directly with three of my buyers. Although we have not closed anything because they are just a touch out of their price ranges his product is above and beyond anyone in Forney at that price ranges for sure. They also work very well with Realtors. If you are unrepresented I would love to let my experience with Forney help you. I have lived here the mass majority of my life sans 5 to 7 years in college and working living single.

Now I have a family and just bought my first home in Forney. I have very responsive services and also am not with a large broker so I rebate 20% of my commission to you. See my website for references and dont hesitate to call me about questions about Forney or the Dallas area in general in that 7 years I lived in 7 different areas so I know my way around the whole metroplex.

Thanks for your time
RJ Avery
214-682-0598
rj.avery@att.net
... more
0 votes 22 answers Share Flag
Firenze@Sorr…, Other/Just Looking in Dublin, CA
Mon Aug 8, 2011
Firenze@Sorrento answered:
The Terraces is a great community for young families and retirees. I have a handful of friends who live in the community, and they are all generally happy living at the Terraces. It remains one of the best looking high-density condominium projects in the area. We seriously considered the Arona floorplan at its peak price of $612K back in April 2006, but we ultimately bought in Sorrento.

Before you pull the trigger, you may want to consider a few things:

1. Many units are occupied by renters, not home owners. As current economic trend continues, more home owners may opt to turn their homes into rentals;

2. Current HOA assessment is at around $300. It is high because of the number of elevators in this project, which is actually a great selling feature;

3. Certain units at the Terraces are built right on top of the expansion joint. An expansion joint is an assembly designed to absorb the heat-induced expansion and contraction of various construction materials, to absorb vibration, or to allow movement due to ground settlement or earthquakes. When cars drive over these expansion joints, they send vibration upward. I've experienced this building defect for myself, when I visited my friends at the Terraces, and I can confirm that the novelty wears out pretty quickly. I don't know where all the expansion joints are. To make sure the unit you are buying is not adversely affected by this well-documented issue, we recommend that you visit your unit between 5:00PM and 6:00PM on a week night, when many cars will be driving over the joint as people come home;

4. If you are considering buying in building 7 and 8, please be aware that the units facing West for building 7 will eventually have the back side of Club Sports outside their windows, and the units facing West for building 8 will eventually have a parking garage outside their windows;

5. I heard in one of the buildings, a home owner had a violent outburst and caused a lot of water damage to his unit and the units below. To their credit, Toll and the management company Massingham responded quickly to this crisis. If the unit you are checking out had the damage, Toll should disclose that;

These are just a few things we've heard and experienced for ourselves when we visited. Make sure you speak to multiple home owners in the neighborhood. Again, my friends are happy home owners at the Terraces, but they would say the same thing to prospective home owners, so people can make well-informed decisions for themselves. Good luck.
... more
0 votes 61 answers Share Flag
David Chambe…, Other/Just Looking in Saint Petersburg, FL
Sat Oct 24, 2009
David Chamberlain answered:
Sounds like a baited question.

First I would ask, Can you afford to buy a home?
0 votes 27 answers Share Flag
theBIGstep, Home Buyer in Prince William County,...
Mon Oct 26, 2009
theBIGstep answered:
As a first time home buyer I would say yes a to your question.....but as I start thinking about things I think home ownership or obtaining such is so much more complicated giving the economy and the times we live now. More than ever, is a time when you really have to educate, research and prepare yourself for what's out there. There is an ever changing world of financial markets. Ideally finding a home would be an experience with all ups and no downs....but with the high rate of banks owning properties and people going for short sale and foreclosures and all of that craziness and just financial question of what the president has instore.... home buying seems much more volatile than ever. Renting takes out alot of factors and basically leave them to someone else who has already made the commitment and everything that comes with such. ... more
0 votes 369 answers Share Flag
Jeanne Feeni…, Real Estate Pro in Basking Ridge, NJ
Thu Aug 13, 2009
Jeanne Feenick answered:
Hi Kris, it sounds as though you've been chasing the market a bit - perhaps priced over market at the beginning of the listing period, and while you have caught up or maybe even taken your price below market, you've been rejected early on by agents and buyers. My recommendation is always to price correctly from the get go to capture the early excitement that always comes when a listing is fresh and new. But that is water under the bridge, you are where you are.

Talk to your agent, make sure your impression of your pricing agrees with his/hers. You are right to price below market to get traction - evaluate pricing and exposure and make any adjustments necessary. If your price is right, it will sell.

You didn't mention, but I would also suggest that you not skimp on commission. Pay whatever is customary so you don't shoot yourself in the foot.

Best,
Jeannie Feenick
Search and connect at www.feenick.com
... more
0 votes 43 answers Share Flag
John Bennett, Real Estate Pro in Orlando, FL
Tue Jul 26, 2016
John Bennett answered:
Depend on upgrades, cost of land - but rule of thumb- normal features, X of land- 2 car, carpet on floors
$90. a foot for the heated area plus about $5,000 for extra master.

Your best bet would be to find a REO built- where you can get upgrades, land for about $70. a foot

John Bennett

352-978-4539
... more
0 votes 5 answers Share Flag
Pushpa Gunat…, Real Estate Pro in
Tue Feb 14, 2012
Pushpa Gunatilake answered:
Hi Kurtis,
I am a real estate broker in western New York area. Through my experience with out of town and overseas investors I am working with, I will be able to give you some best advise how to invest your money in Buffalo and Niagara falls area to get good returns. I've just wondering where is your $300000 home??? May be it is not in Buffalo. You do not have to spend your all money in order to buy some investments out here with good cash floor. Generally in this area, you have to be very careful what you are buying and how you are buying in order to make money without any hazel. If you contact me I will let you know A-Z about the process ,exactly what you have to do here and about the areas....
My contact phone # 716-907-3046 or e-mail pushpa@pioneerstarre.com.
Hope to hear from you soon....
Thanks
Pushpa
... more
0 votes 6 answers Share Flag
Terrence Cha…, Home Owner in Allentown, PA
Wed Feb 4, 2009
Terrence Charest answered:
Buyers are hoping that the homes get cheaper and the rates go down even further than they have been for..... hmmm decades.

Sellers are waiting for the home prices to go back up when it would be a perfect time to move from their smaller home to a bigger one.

This is the absolutely BEST time for investors to come in.

First time home buyers even get $7500 off the bottom line of their taxes (even though it needs to be paid back at $500/year).

People a strange creatures of habit.
... more
0 votes 62 answers Share Flag
Sue Eller, Real Estate Pro in Bainbridge Island, WA
Thu May 26, 2016
Sue Eller answered:
Hi Jen,
I am a Realtor at Dilbeck in La Canada and I can say with certainty that a guest house that is built with permits is an added feature that would add value to your home. It most likely in this market would not be a dollar to dollar value, but I can say that many people find a guest house to be a great amenity and I have had several clients who desire this feature. Depending on the zoning of your neighborhood the guest house may or may not be able to be considered a legal rental, but in an era where many people are now desiring the extended family to live together, a guest house provides a great option. I hope this has been helpful. If you would like to talk further I would be happy to help!
regards,
Sue Eller Realtor Dilbeck GMAC (818) 668-4005 sue.eller@dilbeck.com
... more
0 votes 14 answers Share Flag
Brian Teyssi…, Real Estate Pro in Pittsburgh, PA
Wed May 27, 2009
Brian Teyssier answered:
Dallas Texas, Real Estate Pro in Dallas, TN
Mon Jan 5, 2009
Dallas Texas answered:
Are you searching just in Florida area? Dallas is a stable market including employment figures rated high with Forbes other media comments for 2008. We offer a strong rental market, 2007 Texas was #1 inbound state with most moves, anticipating 2008 .

Contact my office we work with investors across the country, I am also a real estate investor, realtor, loan officer.
972-699-9111
Lynn
... more
0 votes 10 answers Share Flag
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