Real Estate Information

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.


MORE RESOURCES:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


New York Times

What's Behind Door No. 2? Life as a Real Estate Reporter
New York Times
One of the Real Estate section's primary goals is also to capture what it's like to live in New York — including the unique challenges the city presents, Ms. Toy said. And to that end, there's the “Ask Real Estate” column, which addresses questions ...



Crain's Detroit Business

Real persistence: Men dominate real estate development, but women make inroads
Crain's Detroit Business
Men still dominate the field of real estate development. It's estimated that 68 percent of its positions are occupied by men. Yet women in Detroit, its suburbs and across the state have been making some inroads. Ten of them are featured in this section ...

and more »


Erie County Real Estate Transactions
Buffalo News
Following are real estate transactions over $5,000 as listed in records of the Erie County clerk's office for the week ending Dec. 15, 2017. AKRON • 92 John St., Jph Holdings to William D. Adams; Keelin Brady, $147,000. ALDEN • 11559 Cary Road, Andrew ...



Montgomery County real estate briefs: Week of Jan. 21
Montgomery Newspapers
David J. Caracausa has been a member of the Counselors of Real Estate (CRE) since 2013. This elite group and prestigious organization consists of only just more than 1,000 members worldwide. They are recognized for their commitment to excellence ...



Real estate transfers for Jan. 21, 2018
Roanoke Times
Breene, Louise B. to Christopher A. Stevens and Robyn E. Sharkey, 178 Houston Ave. S.E. Roanoke VA 24012, $137,000 01/03/2018. Callis, Tracy G. to Mill Mountain Investments LLC, 2502 Creston Ave. S.W. Roanoke VA 24015, $103,000 01/05/2018. Habitat for ...



The Register-Guard

For Lane County's real estate market, 2017 was a year of big Springfield deals
The Register-Guard
“We did see a little more activity in industrial” last year, said Clayton Walker, principal broker of real estate firm C.W. Walker & Associates. The 1.2-million-square-foot former Hynix plant is Lane County's largest industrial property, while the 320 ...



Bangor Daily News

Bangor real estate market 'generally healthy and stable'
Bangor Daily News
The Greater Bangor market for industrial, office and retail real estate is growing at a stable pace, with some exceptions. Vacancies at the Bangor Mall, Kmart, the former Verizon call center and former University of Maine System building are dampening ...



Real estate records, 01/21/18
Lincoln Journal Star
Ernst, Ryan C & Latta, Joni to Drueppel, Cassidy J & Beard, Meagan L, 2822 O'shea Dr., $261,500. Federal National Mortgage Association to Janssen, Sandra, 510 S 55 St., $112,000. Fischer, John H to Alkali, Denise Joy & Bello Ahmed, 2321 Nw 47 St., $147 ...



NWAOnline

REAL ESTATE TRANSACTIONS
Arkansas Online
Deltic Timber Corp to James V. and Terry J. Barnes and Promenade Hospitality LLC, Ls4-C & 4-D Tract 4, Chenal Valley, $3,441,798. Hanner Properties-Arkansas LLC to ATF Greenwood LLC, 140 John Harden Road/140 Marshall Road, Jacksonville. SE SE 24-3N-11W ...
5 acres in west Little Rock sell for $3.4M; new owners plan restaurant, hotelNWAOnline

all 2 news articles »


AZCentral.com

Venture REI's new platform allows buying, selling real estate online
AZCentral.com
I started looking for opportunities that were innovative … to keep real estate agents relevant,” Noma said. He sought out and implemented the platform to do that. The 20 property transactions done on Super Seller AZ have involved young professionals ...


Google News

home | site map | Blog |
Portland Oregon Real Estate Listings | real estate investing | real estate in greece | for sale by owner in atlanta | House for sale: Louisville KY
Exchange Links Here | Links page |
© 2006