Debate House Prices


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cost of building a House

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  • moggylover
    moggylover Posts: 13,324 Forumite
    adr0ck wrote: »
    yep

    if your looking to buy some land and get a house built by a builder (now would probably be a good time to do it) - you should be able to (with a bit of negotiation) get a good price

    (i will be very surprised if the builders who quote for the work will be making 33% profit) :rotfl:

    Sorry to upset you - but builders/plumbers/electricians usually work on making 20% on all materials supplied alone (so best way to self-build is to project manage and supply all your own materials - especially if the ones you want to use are good quality/expensive) and then a profit on a "whole job" quotation.

    If you feel up to doing the project management yourself - and getting all the trademen in as well - my friends built a good sized 4 bedroomed house with luxury fittings throughout for around £80K - plus land of course - but it was on his fathers farm so that was free.

    The house was valued at £380K on completion - but tbf - the plot would have easily have cost him £150K had he had to buy this. Still a damn good saving if you can manage the hassles of managing the site. Stress levels ARE high though if you are having to live in a caravan or rented property whilst doing it. This is definitely not a project for the faint hearted - and you DO have to exercise caution with the finishings - i.e. a Pogenpohl kitchen in an ordinary 3 bedroomed house would be ott for the finished value of the project iyswim.
    "there are some persons in this World who, unable to give better proof of being wise, take a strange delight in showing what they think they have sagaciously read in mankind by uncharitable suspicions of them"
    (Herman Melville)
  • moggylover
    moggylover Posts: 13,324 Forumite
    andrewmp wrote: »
    The rebuild price of my house is 30% more than the purchase cost.


    :confused::confused:
    "there are some persons in this World who, unable to give better proof of being wise, take a strange delight in showing what they think they have sagaciously read in mankind by uncharitable suspicions of them"
    (Herman Melville)
  • moggylover
    moggylover Posts: 13,324 Forumite
    TBH I'm not seeing as much drop in land costs as house costs yet :confused: (we are looking at large acrages of agricultural land in areas where building is likely to be granted subject to an AOC or Equine or A OC as one of our options).


    I think you are right at the moment - I haven't seen actual land coming down much yet either - but I think the difference there is that people are not often desperate to get rid of agricultural land that "may" get planning permission. I have seen plots in our area (some with land) coming down a little - but not as much as houses - but I think that is again because people are seldom desperate to shift this land and are happy to "wait and see", especially where they have already sold one a year for the last two or three years (which apparently is the best way to do it for tax reasons - but I'm no expert at that so could be corrected).

    If the agri land does not sell for what they want per acre - they just rent it out as accommodation land until the market improves, put the price up a bit:eek: , and sell it.

    Property may fall in price - land often weathers it much better I think, certainly in the last housing crash (just after I moved down here) plots were at around £15K when the crash hit (I know, that sounds like pocket money now - but it was 18 years ago in West Wales not Kensington) - and they just stood and mostly did not move until around the mid 90's - and then the prices just rose and rose until about £100K/£120K last year. :eek:

    I've been having a good look at this myself, as I would like a smallholding (it was what I always dreamed of and worked towards) but the equine faction have driven the prices of these to ridiculous levels hereabouts and they are way out of line with all the other local property prices (i.e. when my parents and I moved here 18 years ago we could have afforded a 60 - 100 acre small farm with a house, a cottage and barns between us - and now the two houses are struggling to buy a house with an acre) so unless that part of the market takes a particularly hard hit in this crash they may well still be out of my price range.

    There are, however, a few nice plots with land which I have been looking at with a view to building my own house as this seems a little cheaper. Scary though:eek: . I know how hard just a complete re-build on my present home was, and how stressful:eek: . Especially at the start when I only had about 3/4 of the original stone walls left and no floor, roof etc.:eek:
    "there are some persons in this World who, unable to give better proof of being wise, take a strange delight in showing what they think they have sagaciously read in mankind by uncharitable suspicions of them"
    (Herman Melville)
  • moggylover
    moggylover Posts: 13,324 Forumite
    adr0ck wrote: »
    most local authorities now have policies in place so that if your building say 9 properties (none of them have to be affordable) however if you were building 10 properties (3 of them would have to be affordable)

    all local authorities are different

    my local one starts at 3 properties

    And around here - any more than one for your personal use and you are likely to have to do at least 2 affordable ones (i.e. one pair of semis)
    "there are some persons in this World who, unable to give better proof of being wise, take a strange delight in showing what they think they have sagaciously read in mankind by uncharitable suspicions of them"
    (Herman Melville)
  • moggylover
    moggylover Posts: 13,324 Forumite
    Hi Mate i agree my last house was 1960s. Wood work not great flooring etc (suspended woden floors arnt great and a bit cold) but OK its when you go back to pre-cavity walls, (then 3 ft walls). By by heat I miss you.
    I now have a new build and at the moment it is better built than my 1960s house, and no one as decided to take any internal walls down!
    PS new house is chaper to run than 1960s house (no draughts) and 3 times the size! there as been massive steps on insulation and boiler systems in the last 10 years. So sorry you would never get a pre 1990 house as energy effecient as a new build never mind pre 1900.
    PS mine was not a agument it is true they are my relatives. My parents house was a 1920s council house, single brick and pre modenisation you used to get ice on the inside of the windows at winter.



    I just have to disagree - but I have 3' thick walls - stone and mud infill, and the rest of the house (i.e. roof and floor) are modern build. We really do not find it expensive to heat - and I am comparing my costs with those of the timber framed house opposite me.

    I too lived in a house that had ice on the inside of the windows in winter in the early 1960's - this had a lot more to do with the fact that very few houses had central heating (and it's efficiency was not like todays even then) double glazing was only just beginning to be considered and loft insulation was just the junk you had stored up there.
    "there are some persons in this World who, unable to give better proof of being wise, take a strange delight in showing what they think they have sagaciously read in mankind by uncharitable suspicions of them"
    (Herman Melville)
  • dopester wrote: »
    Looking at some of the most modern cars, they seem too complicated. I've been told even the dealer's mechanics struggle with the sheer complexity with them - especially the really clean green ones..

    SOme of them seem to be able to fly to the moon and back, and make you a cuppa en voyage - if only you knew which buttons to press!
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • LillyJ
    LillyJ Posts: 1,732 Forumite
    moggylover wrote: »
    I just have to disagree - but I have 3' thick walls - stone and mud infill, and the rest of the house (i.e. roof and floor) are modern build. We really do not find it expensive to heat - and I am comparing my costs with those of the timber framed house opposite me.

    I too lived in a house that had ice on the inside of the windows in winter in the early 1960's - this had a lot more to do with the fact that very few houses had central heating (and it's efficiency was not like todays even then) double glazing was only just beginning to be considered and loft insulation was just the junk you had stored up there.

    We used to get ice on the inside of the windows in my student house if we didn't keep the radiators on all night - and that was in 2003!
    It was an old victorian terrace as well. The windows didn't fit properly so it was just like being outside. I could have just put the central heating on, but I couldn't afford it, especially as the hot air would just have gone out the window (and the condensation made everything damp).
  • LillyJ wrote: »
    I have an R reg Fiat too! I would like a "nicer" car as I don't find mine all that nice to drive (and I do love cars)

    I like driving ours - it's a 1.6l Brava (3 doors) and the seats are really comfortable, and the handling's good.
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • LillyJ
    LillyJ Posts: 1,732 Forumite
    I like driving ours - it's a 1.6l Brava (3 doors) and the seats are really comfortable, and the handling's good.

    Ah you're posher than me! Mine's a punto - 1.2, and it has some sort of aversion to going round a roundabout - it always seems to want to go straight on.
    My OH has a 2003 Clio and I love driving that. He always drives though because he claims to be a professional driver and thus far superior. I have warned him though that the clio doesn't have blue lights on top and POLICE in big letters down the side, so he ought to be a bit more careful when going through junctions at speed.
  • moggylover wrote: »
    I just have to disagree - but I have 3' thick walls - stone and mud infill, and the rest of the house (i.e. roof and floor) are modern build. We really do not find it expensive to heat - and I am comparing my costs with those of the timber framed house opposite me.

    quote]

    Not quite your average house realy though.
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