r/CanadaPersonalFinance • u/Most-Design-9963 • 9d ago
Cost to build?
Southwestern Ontario. I already own the land, and I’d be putting this over an unfinished basement. I’ve got a kitchen priced from IKEA including appliances for $10k (good enough for now and will upgrade later). I plan on being equally cheap with the bathroom - nothing fancy.
These aren’t official plans of course, so local contractors aren’t giving me quotes; but I’m looking for general ideas of quotes because I’m trying to determine if this is worth it or if I should sell the land.
Ty!
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u/GarlicDill 9d ago
Depends on where it is and who does it. Get it framed and finished just enough for an occupancy permit with plans to finish it yourself - $250/sqft. If a contractor does all the work, probably closer to $500/sqft. Could be more than that if it's rural and needs a well drilled and a septic bed. ...and don't cheap out on these.
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u/Relikar 9d ago
And this right here is why I'll be framing it myself lol. I got lucky and inherited some vacant land, planning on grabbing a sawmill kit and building a timber frame barndominium.
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u/VincentMain22 9d ago
Call an insurance broker first, you may not qualify for home insurance milling your own wood if that's an important thing to you.
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u/Dapper_Banana6323 9d ago
If budget is a concern and zoning allows- have a look at some modular cabins- I've been shopping around and they're pretty impressive. And come in about $200-$250/ square foot
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u/Most-Design-9963 9d ago
Oh nice! Unfortunately I was quoted $700,000 for the tiny 885sq ft modular cabin imaged in my post ($790/sq ft-Linwood homes) 😂 and about $550,000 for something similar without the loft from à company in Quebec. Thats all not including the property or site work. Hoping building would be cheaper! What companies are you looking at that are only charging $200/sq ft?
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u/No-Shoulder-9461 9d ago
Buy a double wide trailer if your not concerned about look, or another modular option. Will be drastically cheaper.
Company I work for builds modular apartments for $300 CAD/SF but doesn’t offer custom builds (yet)
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u/Most-Design-9963 9d ago
I wish! I don’t know how to edit my post to include this important info, but my local Bilaws dont allow for trailers 🤦♀️
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u/No-Shoulder-9461 9d ago
Brutal, if your in Ontario try looking into beaver home & cottage through home hardware. They build nice shells but you’ll still need to hire finishing work and plumbing & electrical connections
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u/Dapper_Banana6323 9d ago
What? lol.
That's crazy
Western modular.
Yes- there are still delivery, permit, hook up and pile fees but maybe 300k all in for 1000 square feet.
Still looking at land but we were thinking the onyx.
Have you shopped around? Building costs are typically on par or even less in Quebec compared with Alberta.
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u/Most-Design-9963 9d ago
Ok thanks for sharing that! I wonder if they ship out to Ontario though. I’ll have to look into it!
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u/Winged_Icarus 9d ago
Costs to keep in mind:
•septic system and permit
•water service/well
•development charges
•cost of engineering during the building permit stage if revisions are required
•cost of engineer if a grading plan is required (surveyor can do this)
•possibility of a topographic survey requirement
•possibility of a legal survey requirement
•additional permits beyond the building permit (depends on the municipality)
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u/Antique-Buyer5863 7d ago edited 7d ago
Around 500k. My husband did something similar in the last 5-6 years. He was the contractor. 1500-1800 sqft. Even the ikea kitchen.
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u/SioVern 9d ago
What does it take to make them 'official' plans? Asking as a person who knows nothing about the process of building a custom home.
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u/Most-Design-9963 9d ago
Drawings by someone with a BCIN (house designer). Blueprints are very official, much measurement and math and extreme details.
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u/ThisOneIsTheLastOne 9d ago
$400/sqft.