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Real Estate Information |
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Budgeting Your Log Home: Where Do You Start?
The Log home industry has matured these last many years, but there is still a lot of confusion about how much a log home costs. Naturally, everyone wants to know the cost of the log package; however, the budgeting only starts here. If you are shopping for a milled log package (as opposed to hand-crafted, which is a totally different category), the difference between one manufacturer's price and another is minimal when compared to the total cost of the structure. Here are some reasons why: Other materials. The logs themselves only form a portion of the material costs of the home. Once the log walls are erected, you still have to worry about a floor, a roof, the windows, the doors, the plumbing, the kitchen... the list goes on and on. Some manufacturers quote a "weathered-in shell" which includes the logs, the windows and roof - all the elements that enclose the building (protecting the house against the weather). Other manufacturers only quote the log package, and leave it to the contractor to provide the other materials locally. When pricing a log package, make sure you are comparing "apples to apples". From our experience, the price of the Logs only constituted approximately 1/5 of the total price of the finished structure. As for the rest... it's a high-end custom home, and like any custom home, your cost is limited by your imagination - and your budget. You decide whether to use hardwood floors or carpet, marble counters or formica, a metal roof or asphalt shingles. No log home company will offer these products to you. Unlike a Development contractor who offers you a limited selection, you choose everything yourself, from doorknobs to toilets. Once you start factoring in all these items, you will discover that there isn't a whole lot of difference between a log home any another home - except for the exterior walls. Local price differences. We built our log home in New Jersey, which tends to be a lot more expensive overall than much of the rest of the country. The same house in Tennessee would cost considerably less in lumber and other materials. Also consider that labor costs vary wildly as well. A very big part of your budget will cover the labor, because this home will be built entirely by hand. Your contractor may not have to peel or notch the logs, but he will still be placing the logs one at at time, making sure the walls are plumb, drilling holes for the wiring, cutting settling gaps above the windows and doors, possibly fitting the roof frame one board at a time. Your builder is the most critical part of the project, and it's not necessarily a good idea to go with the cheapest quote. Do you really want him to cut corners to stay within a low quote? Design features of the house. The most dramatic log homes have roof lines that point in all directions, dormers that grace the front, vaulted ceilings in the great rooms. But remember that every new angle you add to the roof adds exponentially to the cost of the project. If you need to keep costs down, think about a simple roof line with not too many angles. Also, the old adage remains especially true with log homes: it's much cheaper to go up than go out. If you want a rambling one-story ranch house, you will have a bigger foundation cost, a bigger roof to consider, and lots more labor. If you build more stories and a smaller foundation, even though you will have to invest in a staircase the savings are considerable. So what is the bottom line? A basic budgeting cost in the Northeast US would be $140-$150 per square foot for a milled log home; this is about the equivalent of a high-end custom stick-frame house. This does not include the land, the well, the septic, the driveway, etc. It does include the basement, the kitchen, the plumbing, etc. This is the turnkey budget for the house only. You can certainly do less if you give up a lot of amenities, but I wouldn't advise a starting budget of any less than $130 per sq. ft. You may find yourself running out of money way too soon, and that would be a terrible shame. Mercedes Hayes is a Hiawatha Log Home dealer and also a Realtor in New Jersey and Pennsylvania. She designed her own log home which was featured in the 2004 Floor Plan Guide of Log Home Living magazine. You can learn more about log homes by visiting http://www.JerseyLogHomes.com.
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Americans still think they can make money flipping houses CBS News Many people say real estate is a better investment than stocks, bonds or gold—the real numbers show otherwise. Denver real estate team issues apology following widely criticized video FOX 31 Denver DENVER -- A Denver real estate team has apologized following the release of a video that was criticized as being tone-deaf, especially regarding gentrification ... North Texas Real Estate Agent Ashley Williams Has License Revoked; Dozens Of Clients Claim She Owes Them Thousands Of Dollars CBS Dallas / Fort Worth FRISCO, Texas (CBSDFW.COM) – A former North Texas real estate agent is accused of taking nearly a half-million dollars from her clients and business ... 2019 Second Quarter Real Estate Market Report | theberkshireedge.com While overall real estate sales in Berkshire County dipped during the first half of 2019 by $4.4 million when compared to sales transacted in 2018, residential ... 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Ovitt, trustee. 163 Norton Hill Road. $340,000. Stephen John Cias and Sandra ... Interracial couple finds racial slur on their real estate sign WBRC Local real estate agents who are also married found a racial slur on one of their for sale signs this week in Trussville. Chris and Mary Pat Christie Team Up With Real Estate Firm for Opportunity Zone Fund Barron's The former New Jersey Governor and his wife are teaming up with Hampshire to pour $150 million into projects in the state, particularly the low-income areas ... A Universal Interest in Real Estate: Understanding Space GlobeSt.com NEW YORK CITY—There's a Big Bang Theory at Reonomy. It's that understanding space of the galaxies in the universe is similar to understanding space on the ... All of Jeffrey Epstein's Homes and Real Estate Properties Around the World TownandCountrymag.com Jeffrey Epstein's real estate holdings are also why prosecutors have argued that he should not be released on bail—they argue he's a flight risk with multiple ... Haus, the real estate startup founded by Garrett Camp, raises $7.1M TechCrunch Haus, a startup aiming to make home ownership more affordable and flexible, is announcing that it has raised $7.1 million in new funding. This amount ... Manitowoc County real estate transfers and homes sold: July 21, 2019 Herald Times Reporter Recent real estate transactions in Manitowoc County. SWFL real estate market is booming Wink News After the blue-green algae crisis pummeled Southwest Florida, home values and sales sank. But not anymore. Now, clean water may be helping fuel a renewed ... The 10 best places in the US for first-time homebuyers to invest in real estate right now Business Insider According to Zillow, first-time homebuyers account for 46% of all homebuyers and are more likely than veteran homebuyers to go over their budgets. REAL Trends + Tom Ferry Announce 2019 America's Best Real Estate Agents List Seventh Annual Real Estate Ranking PRNewswire TAMPA, Fla., July 18, 2019 /PRNewswire/ -- Hughes Shelton Team – Mike Hughes & Jeff Shelton of Coldwell Banker were named one of America's most ... Inside Tiger Woods' multimillion-dollar real-estate portfolio Business Insider Along with his PGA Tour wins, Tiger Woods has also accumulated an impressive fortune: In 2018, Forbes estimated that Woods was worth $800 million. 10 real estate agent myths outsiders believe Inman.com From the outside looking in, the reality of what real estate agents do and what we are like is often quite different than the perception consumers — or even ... Real Estate Businessman Ordered To Explain How He Built A $12 Million Portfolio Forbes A businessman in the North of England, U.K., has had his £10 million ($12.2 million) property business seized by crime agencies until he can explain how it was ... Real Estate transactions from July 10 to 17 - PineCreek Journal TribLIVE Thursday, July 18, 2019 | 2:15 PM. Pine. Cesar A Simbaqueba Clavijo sold property at 309 Connemarra Court to Samuel Durkan and Danna Torre for $730,000. Scenes from D Magazine's Walkability and Profitability Real Estate Panel D Magazine On Thursday, July 11, guests from all over Dallas gathered at The Adolphus Hotel for D Magazine's Walkability and Profitability Real Estate Panel. Metropolitan ... Three proptech VCs talk investing opportunities and challenges Business Insider Three top venture capital investors in proptech, Fifth Wall, MetaProp and Trinity Ventures, talked to Business Insider about opportunities and challenges. AIG appoints new global head of real estate Insurance Business American International Group (AIG) has announced that James Love will join the company as global head of real estate, effective August 06, 2019. Love will be ... Foreign buyers are turning their back on American real estate CNN Foreign real estate buyers' purchases in the United States dropped by 36%, according to a new report by the National Association of Realtors. Real estate market appears to be leveling off as market cools a tad Davis Enterprise After seven years of steadily-rising home prices, a number of factors seem to indicate that the market for existing homes is leveling off a bit, and maybe even ... What to look out for before investing in Ukrainian real estate Kyiv Post With 12-percent yields — twice higher than in European Union countries — investing in Ukraine’s commercial real estate can be very profitable. But there ... Historic opportunities in real estate: Part 2 - News from southeastern Connecticut theday.com A variety of resources are available for those interested in learning about the pleasures and challenges of owning a historic home. Tokenizing Commercial Real Estate and the Promise of Liquidity Cointelegraph The commercial real estate sector is squarely in the sights of the blockchain industry. Advocates justifiably believe that the technology offers the ability to ... Russell Canouse: DC United midfielder, real estate agent, USMNT hopeful MLSsoccer.com WASHINGTON – When D.C. United midfielder Russell Canouse became an officially licensed realtor this spring, he insisted it was the fulfillment of a personal ... Zephyr Real Estate Agents Score Big in America's Best Ranking GlobeNewswire SAN FRANCISCO, July 18, 2019 (GLOBE NEWSWIRE) -- Last Tuesday, REAL Trends and Tom Ferry International released the 2019 REAL Trends America's ... Bad sign for commercial real estate: The architecture business is slowing down CNBC A key read on the industry, the Architecture Billings Index, fell into negative territory in June, according to the American Institute for Architects. Inquiries for new ... Real Estate Transfers: July 18, 2019 Riverhead News Review Listings prepared for Times Review Media Group by Suffolk Research *Service*, dated May 20-26, 2019. Brought to you by: BAITING HOLLOW (11933). 5 real estate trends to know in Richardson in 2019 Community Impact Newspaper Homes in Richardson are taking longer to sell than they did at this time last year, and the number of year-to-date sales is down, data shows. Realtors say this is ... Recent Commercial Real Estate Transactions The New York Times Up to $40/SQ. FT. Up to $490,920 approximate annual rent. 86 Main Street (between Buena Vista and Hawthorne Avenues). Yonkers. This six-story office ... Real estate transactions: Ontellus, PBK, ZXP Technologies ink big leases Chron PBK, an international architecture and engineering firm, has expanded and extended its lease to 40,000 square feet at 11 Greenway Plaza. The company will ... 3 Real Estate Trends to Know in San Marcos, Buda and Kyle in 2019 Community Impact Newspaper The real estate market in San Marcos, Buda and Kyle cooled off a little bit in 2019, according to data, with home prices rising more slowly than in previous years ... Collabra Technology Launches FlashCards™ Innovative Social Media Videos for Real Estate Marketing PRNewswire SPOKANE, Wash., July 19, 2019 /PRNewswire/ -- Collabra Technology, the leading digital marketing platform for the real estate industry, announces the ... Four Tips For Building Confidence In Your Real Estate Career Forbes The job of facilitating someone's largest purchase and lifelong aspiration is no easy task. As real estate agents, we are given the responsibility of assisting in a ... We support commercial real estate for 57 years - by Rick Kaplan New England Real Estate Journal Online Rick Kaplan The New England Real Estate Journal was started in 1962 by Roland Hopkins. The Journal has given anyone connected to the commercial real ... Americans favor real estate over stocks for long-term investment, analysis says Fox Business A new survey by Bankrate found that Americans have turned away from stocks and say real estate is their favorite long term-investment. Realtor Survey Reveals Medical Marijuana Impact On Real Estate Prices news9.com KWTV OKLAHOMA CITY - A new survey shows medical marijuana dispensaries could be taking a toll on residential real estate. According to a National Association of ... Barbara Barnes shares startup tips for real estate investors Rolling Out Barbara J. Barnes discusses breaking into the real estate investing market and shares startup tips for new and aspiring investors. Fifth Wall Ventures raises $503M for second real estate fund TechCrunch Fifth Wall Ventures, an investor in Clutter, b8ta, ClassPass, Lime and others, has raised $503 million for its sophomore venture capital fund. The firm, which ... Ridgefield real estate: Prices up, sales flat in second quarter The Ridgefield Press Buoyed by a strong economy and low interest rates, Ridgefield's real estate market attracted the same number of homebuyers in the second quarter of 2019 as it ... Bath Housing buys up downtown property from Sagadahock Real Estate Times Record BATH — The Sagadahock Real Estate Association has sold another property off its once-extensive roster, this time to Bath Housing. Bath Housing purchased ... The Pipeline: Commercial real estate roundup for 7.19.19 RichmondBizSense Commonwealth Commercial Partners reports the following deals: The Shedd leased 10,000 square feet at 2405 Granite Ridge Road in Goochland. Ben Bruni ... Police investigating concerning calls to local real estate group KSN-TV WICHITA, Kan. (KSNW) – A scare in the local real estate community has one group speaking up. They say they have received some concerning phone calls and ... Friday Five: Church Street and more real estate news Independent Tribune Church Street is one of the busiest places in town, but it seems like there's a lot of change and some empty space. Mark your calendars: These are South Florida’s top real estate events next week The Real Deal South Florida real estate events happening next week. Compenswiss seeks core European real estate managers Pensions & Investments Compenswiss, Geneva, is looking for core European real estate managers to manage between €50 million ($56 million) and €100 million allocations, according ... Disbarred lawyer masterminded real-estate scheme selling occupied homes she didn't own, police say WLS-TV Authorities say three Los Angeles-area suspects forged signatures in an elaborate scam to sell property they didn't actually own. May real estate data: Richardson home market sees drop in price Community Impact Newspaper Olivia Lueckemeyer graduated in 2013 from Loyola University New Orleans with a degree in journalism. She joined Community Impact Newspaper in October ... This American Real Estate Mogul Wants You To Live Like French Royalty Forbes Zaya S. Younan is turning French chateaux into luxury hotels at a fast clip. People moves: Ockerbloom heads Barings US real estate equity [updated] IPE Real Assets IPSX Group, VoxSmart, Seaforth Land, Delancey, Barings, Jefferies, PMM Group, Europa Capital, CBRE, Savills, Lendlease, UBS Asset Management, BNP ... 3 real estate trends to know in Plano in 2019 Community Impact Newspaper While the taxable value of Plano properties continues to increase, that growth rate appears to be leveling off, according to the Collin Central Appraisal District. Gilbert adds Courtyard by Marriott on Jefferson to real estate portfolio Crain's Detroit Business Dan Gilbert is the new owner of the Courtyard by Marriott property on Jefferson Avenue in downtown Detroit. His Bedrock LLC real estate company said ... How a taxi kingpin’s real estate deals turned into a wreck The Real Deal Taxi mogul Victor Weingarten and his partner Simon Baron Development are facing foreclosure on their Upper West Side rental project at 166 West 75th Street. Two local shopping centers sold by D.C. company Frederick News Post Two shopping centers in Frederick County, Frederick Crossing and Frederick County Square, are being sold by a Washington, D.C., real estate company, so that ... Ask a real estate pro: Are neighbors crossing the line on fence? Sun Sentinel Sometimes, neighbors will build and maintain a shared fence together. In your case, you put up the fence yourself and have no deal with your neighbor for them ... Real estate investing for beginners: How to invest in REITs Business Insider Investing in real estate investment trust (REIT) can provide exposure to the market, diversification, and regular income in the form of dividends. Ares Commercial Real Estate Corporation Schedules Earnings Release for the Second Quarter Ended June 30, 2019 Business Wire NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it will release financial results for the second ... Real estate agencies put the spotlight on staging Chicago Daily Herald Staging is a crucial step in the home-selling process. Even minor touch-ups and decorations can go a long way in getting a home sold quickly and for the best ... Blackstone’s Q2 earnings decline as real estate segment tumbles The Real Deal Blackstone Group's earnings declined over the past three months as distributable earnings from the firm's real estate segment fell by nearly a quarter from the ... Coles County real estate transactions | Local Journal Gazette and Times-Courier 101 N. Jonathon St., Oakland, $25000, J. P. Morgan Chase Bank National Association to George E. Edwards106 W. Elm St., Oakland, $15000, DLJ Mortgage ... Jones Lang LaSalle: A 250-Year-Old Real Estate Company That's On Sale Seeking Alpha By maintaining a large rolodex of contacts, I'm able to gain better, smarter insights into just about any real estate property sector in the world. JLL is the s. Americans warm to real estate, shun stocks as a long-term investment, Bankrate says Yahoo Finance Americans appear to be turning away from stocks as long term investments, and looking at real estate instead, according to a new study. May 2019 Emeryville Real Estate Report: Rents & Home Prices Dip evilleeye.com Both rents and home prices in Emeryville saw a decline in May, 2019. Real Estate sales were strong compared to May, 2018. Hilco Real Estate Announces The Sale Of Fully Leased 5,000± Sq Ft Office Condo Building In Lisle, Illinois PRNewswire NORTHBROOK, Ill., July 18, 2019 /PRNewswire/ -- Hilco Real Estate, LLC announces August 2, 2019 as the offer deadline date for a well-located, fully-leased ... Bay Area real estate mogul hosts high-dollar Trump-Pence fundraiser in Nob Hill Hoodline Donald Trump Jr. and former Fox News anchor Kimberly Guilfoyle were the guests of honor at a fundraiser for the Trump-Pence campaign last night in Nob Hill. Today’s Pickup: Massive decline in foreign residential real estate investment in the U.S. FreightWaves Global economic slowdown has led to massive decrease in foreign real estate investment; ecommerce continues rapid growth; global auto industry slowdown ... Feel Like You’re Being Stalked? The New York Times Brokers and other real estate marketers have ways to find you when you're already under stress. Love them or hate them, e-scooters could be a boon for real estate values The Real Deal David Richter, the chief business officer at e-scooter startup Lime, said reduced car traffic could allow neighborhoods to be redesigned with less parking spaces. Philly real estate investor Nicholas Schorsch, his former CFO and company settle with SEC for more than $60M The Philadelphia Inquirer The Securities and Exchange Commission on Tuesday settled with AR Capital, its founder Nicholas S. Schorsch, and former CFO Brian Block for more than $60 ... Kite's Belldegrun Launches Biotech-Focused Real Estate Company, Breakthrough Properties BioSpace Arie Belldegrun, founder and former chair, president and chief executive officer of Kite Pharma, has teamed up with real estate developer Tishman Speyer to ... HomeGate Real Estate Provides Residual Income for Real Estate Agents Small Business Trends Agents and brokers normally create income when they make a sale. HomeGate however, provides residual income for real estate agents. Here's how. Real Estate Transfers For June 2019 EllwoodCity.org Courtesy of the Register & Recorder section of the Lawrence County Government Center in New Castle, the following are real estate transfers from the Ellwood ... Real Estate Market Trends Flathead Beacon Last week we looked at countywide home sales, for the past five years, by quarter. Now let's see the land sales numbers (see chart). Last year's second quarter ... Louisiana Teachers backs Campus Real Estate Partners II fund IPE Real Assets Teachers' Retirement System of Louisiana (TRSL) has approved a $50m (€44.6m) commitment into a US student housing fund managed by Campus ... Real Estate Insider: First residents to move into The Corner | Taco Bell downtown? Crain's Detroit Business The $37.5 million The Corner development has 111 units that will be welcoming the first residents next week on the former Tiger Stadium site. Forty-three of the ... What Zillow Says About Traverse City Real Estate Traverse City Ticker Zillow, the online real estate giant, believes it knows Traverse City. The brainchild of a couple former Microsoft execs, the real estate database aims ... Following Stock Trades And Mattress Sales, Real Estate Investing Goes Digital Forbes As Americans' confidence in online financial services grows, crowdfunded commercial real estate investing is finding its stride. How This Real Estate Agent Made $100,000 In One Month From His YouTube Channel Forbes A lot of people would love to make money from YouTube videos. If you're one of them, Graham Stephan is someone to follow and learn from. He recently earned ... Everett Selling Surplus Real Estate My Everett News Last year the City of Everett decided to start to offer for sale pieces of real estate that were deemed not needed and whose value could help put a dent in the ... Video: Black Real Estate Agent and Client Handcuffed at Gunpoint After White Retired Cop Calls 911 to Report an Alleged Break-In Atlanta Black Star A Black real estate agent and his client filed suit Monday claiming that white Cincinnati police officers illegally detained them after a retired cop. Real estate agents use digital strategy to get buyers WTOP NEW YORK (AP) — When the internet replaced newspapers as a primary way to advertise homes and other property for sale, real estate brokers learned they ... Nelson Mullins Swipes Real Estate Partner from Morris Manning—and Other 'On the Move' News | Daily Report Law.com Real estate lawyer Vanessa Morris has joined Nelson Mullins Riley & Scarborough as a partner, arriving from Morris Manning & Martin. Morris handles ... UBS's HU Likes China Banks, Real Estate, Energy Companies Bloomberg Yifan Hu, regional chief investment officer and chief China economist at UBS Global Wealth Management, discusses global earnings and her outlook for equities ... Former Fox News host moves family to Portugal as real estate scam lawsuits close in ThinkProgress A former Fox News host has fled to Portugal after his investors filed 25 separate lawsuits accusing him of running a slumlord Ponzi scheme keyed off of blighted ... Ex-lawyer sentenced after scamming real estate clients — again New York Daily News A disbarred attorney who lied about her license and stole $2 million from clients who thought she was investing their money in real estate was sentenced to two ... Zillow says Kentucky is overcharging for public real estate records. So it's suing - Courier Journal Zillow says Kentucky is overcharging for public real estate records. So it's suing Courier Journal Zillow is challenging a Kentucky law that allows government agencies to charge "commercial" parties like Zillow much more for access to public records. Real Estate Fintech Roofstock Doubles Its Investor Base of Newbies Forbes Real estate investment platform Roofstock is seeing explosive growth as regular investors seek alternative investments. Logan Airport Real Estate Shuffle Clears Way For Delta To Call Boston Its Newest Hub Bisnow Delta is on track to finally have complete control of Logan Airport's $500M Terminal A. Check Out Wimbledon Champion Novak Djokovic's Real Estate Game Forbes The 16-time Grand Slam champion lives a high society lifestyle in Monaco, Miami and New York. Retiring Orange County director of real estate served under five county executives - Mid-Hudson News Retiring Orange County director of real estate served under five county executives Mid-Hudson News GOSHEN – John McCarey, Orange County's director of real estate, began working for the county in 1982 as a consultant. In 2000 he was hired as the county's ... |
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