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It has been a very rewarding project. I think it's something we should encourage more of...
Justin in St. Petersburg, FL

Try one of our new Construction Bargain Strategies for free. Coupon code: CBS. One strategy could save you $1,000 or $10,000 or maybe $50,000 when you build or remodel.

Stan in Knoxville, TN's Interview Answers

Previous Owner-Builder for Stan in Knoxville, TN at OwnerBuilderBook.com - Build Your Own Home

Do you have a step-up strategy?
 No
 

Future Owner-Builder for Stan in Knoxville, TN at OwnerBuilderBook.com - Build Your Own Home

How many times are you planning to do this?
 One time total
 
How many finished levels in your future owner-built house?
 One
 
What type of construction are you planning?
 Conventional
 
Planned house style?
 Conventional
 
How much do you plan to save altogether vs. appraised value?
 15% - 20%
 
How many hours do you project spending as a couple, counting planning and construction?
 > 1,000 hrs.
 
Will you be working when you owner-build?
 Both working
 
Who will take primary responsibility in your family for the work?
 Husband primary
 
Will your project be a starter, step-up, custom, or dream home?
 Dream home
 
Will you get comparison bids from general contractors?
 Two
 
What percentage of the time do you think O-B's get liened by subs or vendors?
 5% - 10%
 
What time of year will you start?
 September
 
Do you have a step-up strategy?
 Yes
 
How much combined time will you spend planning?
 More than 900 hours
 
Are you organized?
 Pretty organized
 
Are you a good shopper?
 Good shopper
 
What is the average General Contractor estimate to build your plans?
 $100 - $125
 
What is the average monthly maintenance cost of the house you'll be leaving?
 $200 - $300
 
What is the average monthly utility cost in your current home?
 $250 - $300
 
Will you incorporate active solar panels (PV) into your home?
 No
 
Will you build in town or in the country?
 Rural
 
What's the population of the community where you will build?
 <50,000
 
How much calendar time will there be from when you first did some written planning to groundbreaking?
 Two and a half to three years
 
Do you know your credit score?
 Yes
 
How many houses have you owned prior to this one?
 4
 
What will you choose for wall insulation?
 Blown-in cellulose
 
What will be the R-value of your walls?
 R-14
 
How much construction industry experience will you have before you owner-build?
 > 10 years
 
How many books about contracting or the trades will you read when you owner-build?
 Three
 
Do you plan to use any personal friends as subs?
 One
 
How many houses have you built, remodeled or added on to as an owner-builder?
 None
 
How many children do you have?
 Two
 
How many children will be living at home when you owner-build?
 None
 
How many bedrooms are you planning on?
 Three
 
How many bathrooms are you planning on?
 2-3
 
How many air conditioning units will you include in your owner-built house?
 One compressor
 
If stick-built, will you use 2x4 or 2x6 framing?
 2x4
 
How many tools do you own?
 $2,000 - $3,000
 
Do you have experience using spreadsheets for budgeting or scheduling?
 Ten times
 
Is your occupation "blue collar" or "white collar"?
 White collar
 
Will you take pictures of the job when you owner-built?
 Will use a digital camera regularly
 
Do you own a truck?
 Yes
 
How many covered vehicle spaces will you provide in your owner-built house?
 More than five
 
How much personal use do you make of the Internet?
 10-15 hours
 
Why are you considering owner-building?
 Control of the build and savings.
 
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