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Old 10-01-2013, 11:45 AM   #19
opendoor
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Quote:
Originally Posted by Sliver View Post
lol dude, we've established it's not $25K about four times already. We even settled on it being about $100K.

I like the picture from the link you posted:

Spoiler!


Say the site prep is double what the price of the cabin is, I still (intuitively) think you'd financially come out way ahead with this versus a condo somewhere.

If I have time today I'll try to get some more accurate pricing from one of these guys.
Like I said, I think $100K is too low as well based on the link above. Here's a link on costs from that same site:

http://methodhomes.net/homes/pricing/

Basically they have it as $15-20K for permits, surveys, hookups, etc., $133+ a square foot for the house, and then 30-70% of the house cost for site prep and install.

Though it's important to remember that bigger houses are generally cheaper per square foot than smaller ones. For instance a 1000 square foot rectangular house would have nearly 80% as much exterior surface (siding, wall insulation, windows, etc.) as a 2000 square foot one does. So that $133+ price is closer to $200 a square foot in the sub 1000 square foot range.

So for a 750 square foot base unit you're probably looking at $250K ($20K + $150K unit + $80K site prep and install). And those are US prices, so something done in Canada would likely cost more. If the land is cheap enough it could be a pretty good option, but you're not really saving much if any money over a conventionally framed house when you buy a good quality modular or prefab house.
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