June 8, 2007

Interesting Cost Detail at A Prefab Project Blog

In an earlier post I pointed out the great blog, A Prefab Project, where you can follow the progress of a Res4 home being built in West Virginia. It's a great site that really gives you a feel for what it's like to undertake a project like that.

One thing I like most about the site is a dedicated budget page that keeps a running tab on costs. It's been recently updated, and gives a lot of detail, the kind of detail you don't get from glossy magazine articles. The site is tracking estimated versus actual costs, and gives great commentary on individual line items. So far only one item - the house kit itself - has an actual cost pinned against the estimate. They're a little over at the moment. It'll be interesting to see how things go as construction progresses.

If you're considering building a home of your own, prefab or not, you won't want to miss this site. It's a great chance to learn from the real life experiences of others, and hopefully that can help make your own project go that much more smoothly.

Image credit - A Prefab Project site

1 comment(s):

Anonymous said...

As a project manager for a remodeler, on average a homeowner can figure on about 7 to 10% as cost overruns. This is because when you open the walls, what you thought was going to be there wasn't. This may be something as simple as discovering the wall studs are 24" OC rather than 16" OC or it could be discovering the septic system was never really connected to the drain field and that's the reason the whole house drains slowly and now the whole septic system needs to be revamped. These things aren't always discovered during the bid process.