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Looking for lakefront condo or home at LOTO

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Old 12-11-2005, 09:24 PM
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Default Re: Looking for lakefront condo or home at LOTO

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Originally Posted by Jesse James
damn i have been driving myself nuts trying to decide if I should tap the equity of my house to build a spec....it would be my first attempt at building.....I really cant see how I could go wrong if I stay in Porta Cima or Villages....what do you guys think? Talked with Kirk King.....I was thinking something around 1.5 sell in the low 2's possibly....I would need about 8000 feet..
It get's hard to sell quick in the big #'s but I'll build anything you want.
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Old 12-11-2005, 09:27 PM
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Default Re: Looking for lakefront condo or home at LOTO

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It get's hard to sell quick in the big #'s but I'll build anything you want.
he will frame anything for $10/ft cash...
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Old 12-11-2005, 09:32 PM
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Default Re: Looking for lakefront condo or home at LOTO

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he will frame anything for $10/ft cash...
Not true. What about 5x5 out house.
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Old 12-11-2005, 09:41 PM
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Default Re: Looking for lakefront condo or home at LOTO

with property the average sq ft price is running 225k to 250k between 1-1.5 million in porta cima or villages. construction costs have went up 20-30% in the last 4 months since hurricanes. framing at 10$/ ft was 2-3 years ago. If you have'nt built at loto prepare yourself
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Old 12-11-2005, 09:42 PM
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Default Re: Looking for lakefront condo or home at LOTO

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Originally Posted by wiggler4490
framing at 10$/ ft was 2-3 years ago. If you have'nt built at loto prepare yourself
you missed the cash part....
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Old 12-11-2005, 09:49 PM
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Default Re: Looking for lakefront condo or home at LOTO

your right Sean, after all he has to buy Jr. that new MTI with the new swivel turbine and dual rudder system, and hyper lift tunnel tab. cash will allow him to use dilithium metal instead of carbon., and the gyroscope motion sensative bubble canopy escape pod.with parachute, we are going hypertech

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Old 12-11-2005, 09:59 PM
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Default Re: Looking for lakefront condo or home at LOTO

guy next to my spec sold 8,000 sq ft. on 300k lot by bridge with dock and furniture for 2.8 mil 3 months ago today it would sell for 3.2 because of the increases. construction costs would run between 125 and 200k in that price range, and 18 months to build
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Old 12-11-2005, 10:12 PM
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Default Re: Looking for lakefront condo or home at LOTO

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Originally Posted by Jesse James
so where does that put building cost minus land.....I have been told any where from $ 110 per ft to $225 not counting land in thalast 8 mo's

and wouldn't the cost go down per sq ft on the following scenerio?

8000 ft 6 bed 6.5 ba VS 10,000 feet 6 bd 6.5 ba? I mean a large great room has to be cheaper than an additional bath?
lets say you add a bath at a cost of $20k to your 8k ft house (without adding size), you would raise the average sq ft price by $2.50 a foot, not that big of increase...

now add 2k feet to your 8k example at a cost of $150/sqft (since your not adding kitchen or bath, the footage is cheaper to add)... that would increase the cost of the house and the size.. lets say the orginal 8k house cost $200/sqft then the new average cost would be $190/sqft.... the average cost would go down since you are adding the cheapest sq ft possible....

all these numbers are purely for an example, but i think they demonstrate the point...
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Old 12-11-2005, 11:14 PM
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Default Re: Looking for lakefront condo or home at LOTO

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Originally Posted by wiggler4490
have a friend moving to loto looking for something affordable on water, anyone know of anything, thanks jim
This is the same complex I just moved into. Needs updating but it's very affordable. Docks are going to be extended to 28 ft in the spring. Small complex, low assessments, pools, rec room, swim dock, fishing dock, plenty of shoreline with deep water at the back of a large cove at 28 MM. Not too far from the action but also close to quiet water.
Not luxurious but very affordable.
http://www.lake-ozark-homes.com/list...c=&post=&cfq=&

MLS 3022296

CTA
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Old 12-12-2005, 12:53 AM
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Default Re: Looking for lakefront condo or home at LOTO

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Originally Posted by Jesse James
so where does that put building cost minus land.....I have been told any where from $ 110 per ft to $225 not counting land in thalast 8 mo's

and wouldn't the cost go down per sq ft on the following scenerio?

8000 ft 6 bed 6.5 ba VS 10,000 feet 6 bd 6.5 ba? I mean a large great room has to be cheaper than an additional bath?
Your right in some cases it's that way I agree but that is a builder to builder deal. I bid each home for what it is and costs to build. Price is almost as much as you want to spend. Just finding the right guy to do it is the trick to saving and making $$$.
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