In a message dated 4/29/02 6:44:11 PM Central Daylight Time, [EMAIL PROTECTED] writes:
<< Re: [Mpls] The Ace Hardware HousesHaving moved a few houses and also renovated hundreds of properties in Mpls, I thought you might want to know what us contractors would charge to move a house to another lot with a new foundation. Our actual cost for a 2 story house with a 1000 sq ft foundation would run around $20,000 for the move and another $18,000 for the new block wall foundation. You can figure another $10,000 for utility disconnect and reconnect and new sewer and water hook up. Add in another $10,000 in interior repair (usually less than this) and you are done. OOPS, I forgot the industry standard of 10% profit and 10% overhead. Add a new double car garage for $9,000. Final total of $80,000 to $85,000. If I was given the buildings to move in the first place and where values are today, I could make alot more than the 20% industry standard!!!! Anyone that says it costs more than this is either a non profit developer or works for the MCDA. Steve Meldahl 3rd ward (work) >> Keith says; Or perhaps has an outlook such as David Brauer's. He believes, "Another way to think of it is the two lots would have been filled for $100,000 " (David, I wish I had your dough) Keith adds; Back up the truck, hit the lever and dump $100K of -not David's-$$$$ into a hole the size of two city lots. Nice plan, but is it sustainable? Keith Reitman, NearNorth In a message dated 4/22/02 10:44:43 AM Central Daylight Time, [EMAIL PROTECTED] writes: Had the two houses been moved to the 3400 block of 1st, the estimate was they�d sell for $120,000 and $140,000. The costs of the move and bringing the houses up to code, they would have required about $100,000 worth of subsidy ($50,000 per 3-bedroom house). Another way to think of it is the two lots would have been filled for $100,000 � and both houses would have been priced below market rate (affordable to those with 60-80 percent of metropolitan median income). _______________________________________ Minneapolis Issues Forum - A Civil City Civic Discussion - Mn E-Democracy Post messages to: [EMAIL PROTECTED] Subscribe, Unsubscribe, Digest option, and more: http://e-democracy.org/mpls
