Looking for some general idea of framing costs to expect for a medium size, 3 story home.
Being built in very depressed area of upstate NY, binghamton area. Approx 2000 sqft. 28×40′; ridge line runs parallel to the shorter dimension (think bungalow).
8′ first floor wall, then 12/12 pitch approx 30′ tall. Two large shed dormers front and back.
I’d just like some idea of labor cost to frame, deck the roof, and sheath walls.
Thanks for any insight. Andy
Have you talked with any framing subcontractors?
I am in Lake Placid, and while we were experiencing a boom in building for almost eight years, things have ground down to a slow pace.
The second home projects, done for the wealthy, and being done cost-plus, had been costing the GCs $10 and up per square foot to get framed. But that figure is going south now.
The same subs who would charge $10 and drive down from Plattsburgh, could only get $6 or so in their own back yard.
My guess is that you could get this one of yours done for in the vicinity of $6 per s.f., but you really had better talk to a framer locally.
>>we were experiencing a boom in building for almost eight years, things have ground down to a slow pace.
To what do you attribute that? Out of wealthy people, or are costs so high that even they can't swing it?
Edited 6/19/2006 2:43 pm by davidmeiland
I attibute it to a market correction. The dreaded housing bubble is bursting but it isn't exploding like everyone enviosions. Instead, it's slowly leaking.
Do you think a leak is better than a burst?
Pretend it's a tire - would you rather be dring on one witha leak, or a burst?
Welcome to the Taunton University of Knowledge FHB Campus at Breaktime. where ... Excellence is its own reward!
Fannie Mae is in front of congress this week. Couple weeks ago they got fined $400M (probably never pay it but they did get fined). SEC is forcing them to restate the last 4 or 5 years of financials.
depends how it goes but could be the pin that bursts it all.
especially with more and more ARMs coming up.
Talked to one guy, friend of a friend. He is thinking in the neighborhood of 25k or 12.50 per sf to do the above work.
If things are as depressed in your market as you say, $12.50 is way over the top, IMHO.