Papa Pad Budget

Aug 18, 2020 4:58 PM

ChawkXII

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101452

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1428

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Not sure how to edit to add to previous post, but here is the budget for the Papa Pad for those interested. Building is found here https://imgur.com/gallery/p7RfMiX

diy

construction

budget

numbers

math_is_hard

36k isn't bad for what it is

6 years ago | Likes 22 Dislikes 1

Hmm I'm not good at maths but I've seen this before . . . I think you need to spend less on candles?

6 years ago | Likes 8 Dislikes 0

And skip the avocado toast

6 years ago | Likes 6 Dislikes 0

You could have just bought a house if not for the avocado toast

6 years ago | Likes 4 Dislikes 0

USD?

6 years ago | Likes 8 Dislikes 0

Yes

6 years ago | Likes 4 Dislikes 0

foundation is expensive there, but so many other items are very cheap. Great Job!! +1

6 years ago | Likes 48 Dislikes 1

Got to have a base to start, also like everyone else said.. cheaper in the longrun to spend the $

6 years ago | Likes 1 Dislikes 0

It also includes slab on grade, sidewalk around it, and patio

6 years ago | Likes 7 Dislikes 0

Also excavation, which is expensive, like concrete

6 years ago | Likes 3 Dislikes 0

My buddy is a landscaper and let me use his mini-ex

6 years ago | Likes 4 Dislikes 0

Damn, two bathrooms?

6 years ago | Likes 5 Dislikes 0

Look at the linked post. One full bath for dads flat, one half bath that opens to back yard / pool area.

6 years ago | Likes 8 Dislikes 0

I thought that was a shower in the corner. It's the water heater in there. Haha.

6 years ago | Likes 2 Dislikes 0

"Labor not including"

6 years ago | Likes 2 Dislikes 0

Correct, I was the labor, and a couple boxes of doughnuts for my buddies helping stand walls and trusses

6 years ago | Likes 1 Dislikes 0

This would be a really good feeling.

6 years ago | Likes 2 Dislikes 0

Tell that to my back

6 years ago | Likes 2 Dislikes 0

??

6 years ago | Likes 1 Dislikes 0

What state or region out of curiosity?

6 years ago | Likes 6 Dislikes 0

Boise, Idaho

6 years ago | Likes 7 Dislikes 0

v

6 years ago | Likes 2 Dislikes 1

We still bust out the DVD and watch once in awhile

6 years ago | Likes 2 Dislikes 0

Gotcha. Im in Maryland. Our materials are pretty high out hear currently.

6 years ago | Likes 2 Dislikes 0

Pretty sure it’s across the board. Residential is booming here, so materials are at a premium as well.

6 years ago | Likes 1 Dislikes 0

Here**

6 years ago | Likes 2 Dislikes 0

@op are you a construction manager? You sound like you know what you’re doing!

6 years ago | Likes 4 Dislikes 0

I am a Superintendant for Commercial Construction

6 years ago | Likes 6 Dislikes 0

@op I'm trying to finish my basement, but lumber is expensive af! Any sage words on how to look for bulk lumber?

6 years ago | Likes 21 Dislikes 0

Some lumber stores put together "farm packs". Often good for small random projects.

6 years ago | Likes 3 Dislikes 0

I got quotes from 4 lumber yards, don’t go to box stores. Do good take offs and see if they take returns. I was able to return extra lumber

6 years ago | Likes 28 Dislikes 0

If you’re in the states lumber right now is at an all time high. It’s running almost twice as much as it was only 2 months ago.

6 years ago | Likes 13 Dislikes 0

Lol try being canadian

6 years ago | Likes 3 Dislikes 0

My wife is half Canadian, if that counts for anything.

6 years ago | Likes 2 Dislikes 0

Yes, being forced to build a deck for my missus cost me dearly.

6 years ago | Likes 6 Dislikes 0

I had the same assignment. I went with Trex instead, more expensive up front, but long term should see a good return on investment

6 years ago | Likes 4 Dislikes 0

As did I, for at least the walking surfaces. The rest is PT wood for the structure itself

6 years ago | Likes 2 Dislikes 0

That makes me feel better. When I started pricing it out and was floored! Didn't think wood would cost that much. Thanks for the heads up!

6 years ago | Likes 3 Dislikes 0

im a teacher and never made that much in a single year total. Quite the investment. How do i leave apartment living?

6 years ago | Likes 2 Dislikes 0

My wife was the secretary at our kids school for awhile, she made $1600/mo. And worked longer hours then I did

6 years ago | Likes 2 Dislikes 0

Good estimating on the plumbing!

6 years ago | Likes 3 Dislikes 0

That was a hard bid, made it easy

6 years ago | Likes 2 Dislikes 0

You are the real most valuable person.

6 years ago | Likes 2 Dislikes 0

So nobody had contingency money for 2020?

6 years ago | Likes 2 Dislikes 0

That's a sexy spreadsheet

6 years ago | Likes 2 Dislikes 0

Drywall is always more than people think.

6 years ago | Likes 2 Dislikes 0

It took way more mud than I thought, and I bought a drywall jack for the ceilings

6 years ago | Likes 1 Dislikes 0

You saved more than $200 worth of your back on the jack. Hanging a lid is hard work.

6 years ago | Likes 1 Dislikes 0

Don’t forget the candles

6 years ago | Likes 3 Dislikes 0

Congrats on coming under budget!!

6 years ago | Likes 3 Dislikes 0

You forgot the $50k in permit fees im gonna need for my city

6 years ago | Likes 416 Dislikes 6

yup. aka the reason america is dying. funny how the people who get paid the most from a job. are the ones who never even see it.

6 years ago | Likes 14 Dislikes 3

The reason? The only one, are you sure?

6 years ago | Likes 7 Dislikes 0

haha. the main one. the whole... Poor person sells item to poor person. yet some rich guy that had nothing to do with it gets 90% of the $.

6 years ago | Likes 4 Dislikes 0

"just build it and apply for a variance permit after" - my cities building manager when I asked him about an addition I wanted to build

6 years ago | Likes 17 Dislikes 0

You can do that and then pay twice the permit fees

6 years ago | Likes 7 Dislikes 0

Sooo 700?

6 years ago | Likes 3 Dislikes 0

Well in this case yes, but originally was looking at 11k

6 years ago | Likes 5 Dislikes 0

Permits were $350, started at $11k, but after several meetings got it classified as an addition

6 years ago | Likes 220 Dislikes 0

smart move with the tying in of the plumbing.

6 years ago | Likes 8 Dislikes 0

Nice! But how did you get that though? The existing downspout connecting in? :D

6 years ago | Likes 73 Dislikes 0

Tied in the plumbing

6 years ago | Likes 135 Dislikes 0

.

6 years ago | Likes 3 Dislikes 0

v nicely done.

6 years ago | Likes 57 Dislikes 0

6 years ago | Likes 11 Dislikes 0

So you just told em you wpuld and didnt lmao

6 years ago | Likes 4 Dislikes 0

No, it really is tied in, had to dig a trench 42” deep under the house footing. Luckily it was only 6’ long.

6 years ago | Likes 13 Dislikes 0

Srsly. I'm really curious what permit cost for something like would be in AZ. This idea would be so perfect for me and my parents bc they >>

6 years ago | Likes 6 Dislikes 0

Depends on the jurisdiction but almost all the cities in AZ have building permit prices on their website

6 years ago | Likes 1 Dislikes 0

>> are getting older & I'm disabled, but we all kind of hate living as "roommates". Such a genius solution.

6 years ago | Likes 5 Dislikes 0

Generally Google your city and building permits and it should get you a link to their fee schedule.

6 years ago | Likes 2 Dislikes 0

Pretty good estimate op

6 years ago | Likes 2 Dislikes 0

I’d spend your entire appliance budget on a tv

6 years ago | Likes 2 Dislikes 0

Nice! was the siding under the lumber budget?

6 years ago | Likes 2 Dislikes 0

Yes, siding and trim

6 years ago | Likes 1 Dislikes 0

What's missing is labor. What's your skill and time worth. Looks like plumber was hired

6 years ago | Likes 2 Dislikes 0

Yes, hired plumber and electrician. I probably had about 400hrs, at $38/hr, about $15k, but this was all overtime, so closer to $25k

6 years ago | Likes 1 Dislikes 0

It's good you hired people skilled in trade. Good on you for having the other skills. Nice building.

6 years ago | Likes 2 Dislikes 0

Why do negative numbers have brackets around them?

6 years ago | Likes 2 Dislikes 0

Because it's a format in Microsoft Excel that does it. J think it's the "Accounting" format, or maybe "Currency".

6 years ago | Likes 1 Dislikes 0

Are these US numbers?

6 years ago | Likes 2 Dislikes 0

Yes

6 years ago | Likes 1 Dislikes 0

Ya, Canada is double that easy, little bit more than double for most of them.

6 years ago | Likes 1 Dislikes 0

And you came in under budget. See... it is possible to build affordable housing... even if it came in at full budget.

6 years ago | Likes 6 Dislikes 3

Land, hookup fees, actual building permit fees, and you're over 200k for a very small structure.

6 years ago | Likes 2 Dislikes 0

I had no labor costs which goes a long way

6 years ago | Likes 10 Dislikes 0

Follows Benfords law, good data

6 years ago | Likes 2 Dislikes 0

Had to look that up, still don’t get it. My GED education has failed me.

6 years ago | Likes 1 Dislikes 0

How did you come up with the estimated costs?

6 years ago | Likes 2 Dislikes 0

Got quotes from suppliers mostly, but some were just educated guesses

6 years ago | Likes 2 Dislikes 0

Looking good! For people with less money, but still handy, you can buy complete kitchens and stuff second hand.

6 years ago | Likes 2 Dislikes 0

@op curious if you had to have your land separated into two separate parcels for this and will you be re-assessed for property taxes? 1/2

6 years ago | Likes 2 Dislikes 0

Asking as an American 2/2

6 years ago | Likes 1 Dislikes 0

No, it was classified as an addition, the property tax will likely go up at next assessment though

6 years ago | Likes 3 Dislikes 0

Interesting to know, thanks! Impressive work and what an awesome and loving thing to do for your FIL ?

6 years ago | Likes 2 Dislikes 0

What are contingencies?

6 years ago | Likes 83 Dislikes 0

Petty cash.

6 years ago | Likes 1 Dislikes 0

"Future events or circumstances which are possible but cannot be predicted with certainty."

6 years ago | Likes 4 Dislikes 0

Neutralize or immobilize the Justice League v

6 years ago | Likes 3 Dislikes 0

Beer money

6 years ago | Likes 32 Dislikes 0

Stuff you don't plan for.

6 years ago | Likes 8 Dislikes 1

10 to 20 percent on top of your budget for unforeseen costs

6 years ago | Likes 4 Dislikes 0

Anything that may come up that you didnt budget for. Theres always something.

6 years ago | Likes 131 Dislikes 0

You're so right about that

6 years ago | Likes 2 Dislikes 0

Spanish Inquisitions, Dickbutts, etc. etc.

6 years ago | Likes 5 Dislikes 1

My first thought was renting a drywall lift for hanging drywall on the ceilings.

6 years ago | Likes 2 Dislikes 0

I actually bought one for about $200, saved me a ton of effort, but also bust my drywall budget

6 years ago | Likes 2 Dislikes 0

There is quite literally always something. You did good coming in way under budget. Nice job.

6 years ago | Likes 44 Dislikes 0

Or I did a bad job estimating...

6 years ago | Likes 24 Dislikes 0

You did a good job estimating contingency. I would have used a similar value if I had been budgeting.

6 years ago | Likes 2 Dislikes 0

Ahh, classic self-deprecation. Be proud, my dude.

6 years ago | Likes 14 Dislikes 0

Accept the win

6 years ago | Likes 8 Dislikes 0

Nah my dude you did good. Main variances were foundation and appliances; and since contingency was barely used you planned it very well.

6 years ago | Likes 7 Dislikes 0

I had planned to get a stackable washer/dryer it opted for the pantry, that was the appliance difference

6 years ago | Likes 2 Dislikes 0

always better to over-budget

6 years ago | Likes 6 Dislikes 0

Nah, bad would be going over budget. ^^

6 years ago | Likes 3 Dislikes 0

Ted's Law: Rather be looking at it than for it.

6 years ago | Likes 3 Dislikes 0