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Cost for free standing 2 car garage
I was wondering if any of you home builders in California can give an idea what to expect in terms of cost to build a free standing 2 car garage. I have been looking at buying a neW home and we found one that my wife and I really like except they only built it with a two car garage. The price of the home is kinda at the limit of comfort zone so the add on would have to be at a later time. I thought about a metal prefab but would much rather have it match the house which as cement style siding. Is it a big Pita for permits also?
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where ya at in So Cal? LA or San Diego? Approx in the low $30's
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I'm in Nor Cal and if I were to build a detached garage for someone I would charge in the ball park $60 per s.f. assuming the lot was flat, grading and clearing at a minimum, and no retaining walls to build. Permits shouldn't be an issue but the percentage of structural coverage allowed on a residential lot will have its limits so it might be wise to speak with someone at your local building department before committing. The cement siding you are refering to is called Hardi Plank.
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You really need to see if outbuildings are allowed in your subdivision. I would also go bigger than 500 sq ft and plan on 10' ceiling so you can have a hoist.
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I wonder if the seller would be willing to build the building you want and have it added into the selling price -- therefore you could finance it all at the same time -- or add the cost to the selling price and give you the cash back at closing?
With finance rates what they are today.... 100K add is like $450 a month. If you have to save that much after buying a new house - it's going to maybe take you awhile!? Just trying to think outside the box... with sellers being on the short end right now you may be able to work something out. |
That would have to be one desperate seller and then you wouldn't get even close to dollar for dollar for it in the appraisal. You would need to negotitate a deal far enough under market for the adjustment. Cash back at closing would be limited to 3% on a conventional loan and it would need to be applied to your actual closing costs. Basically you use it or lose it as the lender won't allow a check.
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Whatever happened to the good old days!
LOL Good info Todd. |
You mean the days where I golfed everyday and made twice the money. :lol:
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