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08-26-2008, 08:15 AM #1
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Best construction pricing apples to apples.
We have issued a new website with special pricing models of homes that may repair equity balance on vacant land. We are trying hard to put our best foot forward and offer good will. www.ChambersStreetBuilders.net
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08-26-2008, 11:14 AM #2
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Wow, a builder in SoWal that doesn't gouge owners simply because of the name on the sign on the entrance.
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08-27-2008, 08:03 AM #4
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We are going to add another previously built model with its current price to build every day for the next few days. Thanks.
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08-27-2008, 09:46 AM #5
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08-28-2008, 10:03 AM #6
I'll be in Destin the week of Sept. 6. Would love to meet with ya'll to discuss building on my lot in Lakeplace. Where are ya'll located?
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08-28-2008, 11:32 AM #7
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Clarification
Scooter, I don't think we have met so I should clarify to you and everyone who reads this.
Chambers Street Builders, Inc. is very limited in its administration. We can perform exceedingly well when we know what we are building in advance. However, when it comes to making selections late in the game we are not a company to be considered. Our scheduling and decisions are made well in advance and as hard as we try to accomodate the on the fly wishes of the custom home customer we just don't ever seem to get it right.
We have built several unique and special places in under 150 days when we knew the details in advance and we have also built homes in 2 years when we were unsure of what we were building.
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08-28-2008, 07:11 PM #8
"repair equity balance on vacant land"??? Holy smokes, this is straight out of Sheep Dip's playbook. Do you mean that if I borrow an additional $245K to build your model that somehow I have got some kind of instant equity that would cover a real estate commission and have enough left over to recoup what I paid for the lot???
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08-28-2008, 07:36 PM #9
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Let me say this, we bought a lot from St. Joe last year. We built a house in 110 days or so. We sold the house at a low price by community standards on day 111. We had about a dozen very interested prospects. The house has been very actively rented ever since. We made about $110,000.00.
If I had bought the lot from someone else and had paid $110,000.00 more than it was worth I would have been looking at losing $110,000.00. If I built the same house and sold it I would have broke even instead of losing $110,000.00. By simple math it seems building the house would have quickly repaired the equity imbalance.
We're not miracle workers, and can't perform voodoo or any other magic. I can tell you that I built a home for a Rosemary Beach customer for $265,000.00 all included. He sold it 20 months later in about 2003 for $990,000.00 more than he paid for the lot and home.
I can't tell you enough that we lack administration. We are field workers and self perform very much. We are not as detail oriented as Alan Ficarra or Benoit Laurent, but have found ourselves as structural subs for Alan. He has great finished product and can administer changes much better than us. We need to know what we are building before we start if we are going to take full advantage of our skill.Last edited by AAbsolute; 08-28-2008 at 09:03 PM. Reason: Spelled Alan wrong, sorry Alan...
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08-29-2008, 06:59 AM #10
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08-29-2008, 07:23 AM #11
services
WE OWN A SMALL COMPANY, THAT DOES PAINTING , PRESSURE WASHING
ANY TYPE CLEANING YOU MAY NEED , WE ARE LLC
IF NEED ANY OF OUR SERVICES ,PLEASE E-MAIL barbaragodwin@gmail.comBARBARA
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08-29-2008, 08:03 AM #12
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Thanks, I have a question for you
We haven't met that I know of. I have been talking a bunch with members in Private Messages about this thread and I should ask you, becuase just yesterday I was talking to another Sowal'r about something related to your post.
I passed on a message to this person that I know a local cost plus builder who does a very good job. This builder pays a superintendant to watch after the job for him. The superintendant hires a well known local painting firm to perform a bundle of construction services on the house. That local painting company earns money by hiring and managing subs under him. One of the subs has workers that do paint work for him. Another sub they hire is a drywall company. The owner of the drywall company earns his profit by hiring one sub crew to hang sheetrock and another who finishes sheetrock. All the while the homeowner is now paying 7 different managers who are not actually painting, hanging drywall or finishing drywall.
In your business do you know any competitors who actually go get work, but give the work to someone else to do and earn their living doing so?
We really try to avoid middlemen as much as we can?
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09-10-2008, 06:37 PM #13
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09-10-2008, 06:39 PM #14
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11-18-2008, 07:04 PM #15
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One of my customers shopped price this week on the exterior painting for their home. We sat in a supportive role and did not get in the middle of their business. They received bids from $16,000 to $5,800. I listened in, asked a few questions of some of the subs and let them decide.
They gave some thoughtful consideration and chose the $5,800 guys. When they asked why the aggressive price the sub told them they needed the work. They seem genuine and talk in an experienced vernacular.
I had estimated $6,000 based on time and materials. Let's see how this turns out for them. I haven't used this firm before, but I get a pretty good feeling about them. The owner is named Frank. I love, love, love, love, love the thought that they really look like they are going to walk the walk. Very humble folks who look like they can handle a roller and pull a nice bead.
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11-18-2008, 07:19 PM #16
Chambers Street has built three houses for us, one in Seacrest Beach, one in Watercolor and one in Watersound.
They produce an excellent product and offer something I rarely find from a home builder.....honesty.
I highly recommend him.
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11-18-2008, 08:19 PM #17
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11-18-2008, 08:20 PM #18
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11-18-2008, 09:07 PM #19
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Oh, in case I omitted www.chambersstreetbuilders.net
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11-20-2008, 12:32 PM #20
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11-20-2008, 07:45 PM #21
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We added a porch to the house on the gulf side. We were there so why not contribute what we could. Honestly, 3 weeks work for 1 person with a profit margin of about 4,500 is not bad these days. It could be 3 workers for 1 week splitting the funds or any variant.
There were still some of the old school subs who picked the job apart, and told the owners of all the extra tasks that they would have to do before giving the price equal to the average American blue collar workers yearly salary. You can always tell the experienced subs. You just know that they have walked the walk in their field hundreds of times already. Nothing surprises them. Nothing is that big a deal. And last, they exhibit confidence.
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11-20-2008, 07:55 PM #22
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Our loss is your gain...
Our loss is your gain.
If there is anyone in Sowal who knows someone who always wanted a residential elevator please respond to this any way that you wish or pass it to a friend.
We were completely stuck by a customer with an elevator. It has a range of three floors and can serve the tallest single family home in Walton County. Installed it has a value of $20,000 plus. We are very, very negotiable and will design and install the proper shaft quickly and completely. This can be in new construction or in a finished home retrofit.
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01-04-2009, 09:07 PM #23
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We updated our pricing site this weekend. We added a Watersound Beach home to our special pricing models as #7. We are putting our best foot forward. I don't know how we can offer more value for less money.
www.ChambersStreetBuilders.netLast edited by AAbsolute; 01-04-2009 at 09:09 PM. Reason: Clarification
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