FastEddieB
Touchdown! Greaser!
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- Oct 14, 2013
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- Lenoir City, TN/Mineral Bluff, GA
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Fast Eddie B
Financing. You are going to need to finance your project.
Not everyone does.
Financing. You are going to need to finance your project.
Here's the money shot taken from a drone over my neighbor's hangar. My house, the runway, Lake Norman...
Here's the money shot taken from a drone over my neighbor's hangar. My house, the runway, Lake Norman...
That's actually the house that the developer was building for himself. He is currently living diagonally across from me (I think he built that house for his mother, but she refused to move in). He spends about half his time in Mexico these days. He's actually sold the house he's living in now, so he's making talk about actually finishing the other house. It should have a real nice view (complete with infinity edge pool looking out over the lake).Your home looks beautiful. I've seen prior posts and I still like looking at it.
What happened with the lot/home/hangar at the water end of the runway? Looks like someone was going to build a big house on the water and ran out of money. There's still a foundation perimeter in the photos and a hangar that might have some living space in it.
The view from the kitchen ain't bad.
I agree! some people just have big expectations. Several properties have sold the year the were private sales in the high $500 - $600 K range.Good example , you got 2 houses for sale in your airpark, but they’re out of my price range. One prices out to $396/sqft and another has been for sale for 600 days. That’s the problem with small houses and large hangars, going to be tough for people to swallow paying more 3/4 million for a small home.
So far they have been unwilling or unable to make any recommendations. The local sales guy was clueless. The regional guy just didn’t have any recommendations. Maybe if I keep going up the chain…Did you check with Morton? Thought hey don't finance things, they have relationships to refer customers to lenders that do.
Yes, kitchen odors would be a nuisance in the hangerView attachment 106913
Ours is the one with the hangar door open. Hangar is 50X50. Way too small. Hangar separate from house keeps smells at bay.
Try Churchill Mortgage. They look more at the borrower and situation vs credit score and comps.Can anybody offer a suggestion on a reputable lender that will work with a hangar home?
My wife has been designing airport homes ever since she got the inkling to fly. When we finally bought our property in 2004, she immediately set to designing a house for it. The floor plans are largely hers. To get buildable plans we paid an architect who is also a pilot (I joke that when I hired him he was flying a Bonanza but by the time he finished he'd gotten a Baron). There's a cardboard model of my house still sitting in his office reception area (I was kind of annoyed I didn't get to keep that). He's gone on to do one more POAer's house.
Some neat features of our plans (other than looking like a Frank Lloyd Wright house on steroids) is that we wanted to see the runway. The reason we chose our lot is that the taxiway for the lots that don't have runway frontage goes down the side of our lot. This allows us to have our hangar facing that taxiway leaving the view out the living room, music room, and the "party deck" unfettered. We are one of only a few houses in the neighborhood where the hangar is integral to the house. I don't have to step outside to get to the plane. The other neat feature is since we're on a slope, we put the hangar further down the hill which keeps the same roof line with the garage. The row of clerestory windows in the hangar and the garage has been a real nice feature.
Yeah, that seems high. Trent did a very, very nice hangar build for tons less than that.However I cannot get over 2k sq/ft hangar being $500k and the same price per foot as the completely finished house.
It would be insulated, basic electric, HVAC not sure as it will be partially below grade and might not be needed but if we do it will share the infrastructure of the house. Sheetrocked with a couple windows and man door on the side not so far underground. It will partially share the foundation with the house.Will the hangar be insulated, HVAC, drywall, painted? Those cost the same if hangar or house. Will it have plumbing and electrical? A free span opening of 40' requires some additional engineering and structural enhancements not in normal home construction. The door itself will add probably $10 sf. Im not saying hangar space is the same costs as the house but it is not cheap like it would be as a pole barn or metal building at an airport.
…The house is gonna be about 2700sq/ft with an addition 2k sq/ft of semi-attached hangar. What both of these folks are doing is adding the house and the hangar together and coming up with 4800 sq/ft and giving me a $250/ft price. ...John
I'd like to get two quotes and think that would be ideal, one for the house and one for the hanger. However since they will be sharing the same foundation and I will be building this remotely I sense an opportunity for contention between the two builders or between the home build and myself. Particularly with the foundation and tying the roof lines together. I can see the conversation going.... "yeah, your price for the whole package seems like too much. How about you do the house and the foundation work but then for the structure over the hangar foundation I have ABC hangar company coming in. Any questions regarding the foundation or tying pieces together, ya'll can just be friends and work it out".$250/sqft doesn’t sound too unreasonable depending on the specified finishes for the home. How much of that translates to the hangar is questionable though.
Why not just get quotes for the home and then get quotes for the hangar? Even though the builders may have done existing homes, they may he subcontracting the hangar build and making sure they get their cut of profit for supervising that work.
Do you have soec’s floor plans or blueprints to go with the quotes you’ve already been provided or has it just been “home + hangar” @ xx sqft @ $250/sf?I'd like to get two quotes and think that would be ideal…
I have no plans yet, just preliminary drawings that I sent to the builders so they could approximate the cost. So I guess we can say they did the “home + hangar” @ xx sqft @ $250/sf estimate which again I understand except that I thought it would have been more a ..... (Home @ 2700 sqft * 250) + (Hanger @ 2000 sqft * 150).
The real shock is the 250 / sqft for the hanger estimate. At $500k for just the hanger it makes more sense for me to build a conventional house near a local field and use the money to upgrade my plane.
The thing about it is that a 60x60 metal building with concrete should be in the neighborhood of $100K, including spray foam insulation and basic power service. Now the expensive part is the structural part of the building where the door is to be mounted, and the actual door/lift mechanism itself. Bifold/cantilever aircraft hangar doors are specialty items, not something most builders will make on their own. Adding drywall and plumbing, interior finishings, etc. will make the cost skyrocket quickly.Agree with you that feels weird to me too. I would think a 60x60 hangar would be around 300k but I have NO idea. If I were to buy a home on an airpark without a hangar, I would be thinking that I need to drop 300k for the hangar. It’s not cheap though.
For building a home, depends on the quality of the build and finishes. The thing with developers and contractors is they overpromise and under deliver, for that reason I’ll probably never go your route. I rather get something done and dusted, test the water pressure, the quality of the fixtures and go from there.
Ours is officially an “attached garage”. No fire suppression system, but it did need to be “finished” - I.e. required insulation. Our all-in building cost, including 1,350’ of living space, came in under the $500k mentioned prior, albeit at 2018 prices.In would expect a hangar to come in at <$100sf unless code requires a fire suppression system.
I’m curious if you changed the hangar to “over size garage/shop”