The Philadelphia Business Journal has been drafting a story on our project for a few months now. It came out last Friday to the title of “Little house on the infill.” There are a few slight inaccuracies in the story that I wanted to clarify here as well as a bit of additional info for those of you that might be new to the blog.
- The construction cost of $100K (& $100 psf) is for hard construction only. Simply labor and materials to build the house on the left of the photo.
- Our target price range for all homes based on the 100K model is between $200K – $300K. In the future there will be different models, sizes and bedroom options but we want to stick as close as possible to this range.
- To hit this range depends completely on the location of the homes. We are targeting market rate pricing of standard homes, but delivering better design and LEED standards. If you can buy a $250K rehab in a neighborhood, we hope to offer a better new home of the same size and same price down the street if possible. Land costs and even hard construction costs have less to do with the final price than going market rate of standard homes in that neighborhood…
- It sounds like the $250 psf cost that Re:Vision Architecture is speaking of may be in reference to some of the popular prefab outfits out there.
- We are building two homes right now. One is the 100K that my wife and I will be moving into and the other is right next door on the corner that we are selling. It’s on the market now.
- The next project is two homes down the street. One is sold to Mario and Mel mentioned in the article and the other will be put on the market for sale.
- We have secured land to build two more homes after that right behind the current 100K project. This makes a total of 6 homes we are working on building in the first half of 2009. Hopefully more will be scheduled for the second half.
- Mario, Mel and their daughter, Rosario, are awesome.
- The 100K House is 18′ wide (not 22′) by 36′ deep and is about 1,150 square feet.
- SIPs stands for “Structurally Insulated Panels.” They are framing, insualtion and sheathing in one.
- The other members of Postgreen, Nic Darling and Courtney Ludeman deserve to be in the pictures also. Here is a nice pic with the whole gang.
Thanks for reading and visiting. Feel free to ask any other questions brought up by the article and we will be happy to answer them here.
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