We Built This Modern House For $200,000 - Construction Costs Breakdown!

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Ever wondered if it's possible to build a house without breaking the bank? In today's video, we unveil the full breakdown of build costs for the home we just completed in Arkansas along with a few money saving tips that allowed us to stay right under $200,000!
We built a duplex... And now live for FREE! Check out the video here (I included a home tour this time!) • We Built a Duplex...No...
BUILDING Resources:
⚒️ Build Budget Generator → bit.ly/BuildBudgetMaker
⚒️ Building Expense Tracker →bit.ly/BuildExpenseTracker
Home Buyer Tools:
✅Get connected with an AGENT in your city → homeandmoney.com/nicole/
Work with Nicole in Arkansas:
🏠 View AR Homes For Sale → listings.narkhomes.com/i/arka...
📩 Contact Nicole → narkhomes.com/contact/
Other stuff that's cool:
💡 Support My Small Business → www.amazon.com/kvnbrands
🛒 Shop My Camera Gear → bit.ly/NicoleGear
(As an Amazon Associate I earn from qualifying purchases)
Social Media Links:
📱 Instagram → / nicolenark
📱 TikTok → / nicole_nark
📱 Facebook → / nicolenarkrealtor
Chapters:
00:00 - How Much Does It Cost To Build A House?
00:43 - Lot Cost & Site Preparation
01:57 - Foundation
02:41 - Framing, Roofing & Windows
04:14 - HVAC, Electrical & Plumbing
05:52 - Insulation, Drywall & Painting
06:30 - Interior Finishes
07:46 - Exterior Finishes
08:45 - Landscaping
10:00 - Misc Building Costs
10:55 - How We Saved Money While Building
13:57 - The First Step To Building
- DISCLAIMER -
Nicole Nark is a licensed Realtor and the Principal Broker of HomeWay Realty. HomeWay Realty is not a lender, does not issue loan qualifications, and does not extend credit of any kind. The topics discussed, and ideas presented are Nicole Nark's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence. This video is not an offer to lend and should not be used directly to make decisions on home offers, purchasing decisions, or loan selections. Not guaranteed to provide accurate results, imply lending terms, qualification amounts, or real estate advice. Seek counsel from a licensed real estate agent, loan originator, financial planner, accountant, and/or attorney for real estate, legal, and/or financial advice.

Опубликовано:

8 июн 2024

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Комментарии : 307

@NicoleNark Месяц назад

So there's been an update... 😅kachi and I built a duplex and now live for FREE by house hacking! Check out the video here (I included a home tour this time!) ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-ECyUyX36DM4.html

@w.schell8697 6 дней назад

Original plans? Or modified from an online design?

@NicoleNark 6 дней назад

@@w.schell8697 these were fully custom plans

@svbion 3 месяца назад

Arkansas explains it all. Awesome home.

@NicoleNark 3 месяца назад

Yes! Costs are much lower here than in many other states.

@KevinMcClain13 18 дней назад

Sounds like everyone should moved to Arkansas lol I’ve been thinking about it

@krismine99 10 дней назад

Fr, lots near me are like $60k on the low end

@edmund6392 4 месяца назад

I am a developer in Chicago and I approve this post. Great job guys!

@NicoleNark 4 месяца назад

Much appreciated! ☺️

@mikejr1152 3 месяца назад

@edmund6392, good evening. I am an investor in the Baltimore area who is not only interested in the Chicago market, but I am also highly interested in becoming a developer. I'd like to connect with you.

@scentertainment10 2 месяца назад

@@NicoleNark What is the square feet of the home?

@veger5872 8 месяцев назад

If don't have the experience, one could hire a home inspector who specializes in monitoring home builds! Of course, its an additional cost, but worth it!

@NicoleNark 8 месяцев назад

Great point! I’m not sure this is available on my area. Is this offered in your market?

@veger5872 7 месяцев назад

@@NicoleNark Yes, some Home Inspectors have a service where they will monitor your home build every step of the way to ensure they are doing it correctly! Nowadays, I think it is crucial to hire them, because of the shortage of skilled labor. Additionally, my Sales Assistant friend for a major home builder told me lots of mistakes are being made in their community, and job satisfaction is low for everyone because of customer complaints!

@Fabuloustransportation 3 месяца назад

Good idea

@josephhood1591 3 месяца назад

Thanks, I got to see if there are any in my state.

@shelbyedward1617 Месяц назад

Wow! This is great advice. I never heard of this before. Thanks for sharing.

@user-rk5mn1ek4p 3 месяца назад

I’m ready to build on a lot I currently own free and clear in So. California. I’m a licensed experienced builder but have NEVER built a house from ground up. This was inspiring

@NicoleNark 3 месяца назад

So happy to hear that! ☺️

@FAB-James 3 месяца назад

Do you already have a house design?

@kchal0 4 месяца назад

Man lol I’m currently building in the DFW area and our cost is about $750k once it’s all said and done. 135k of which being the lot. I’m jealous but kuddos to you guys, congrats on the new home.

@NicoleNark 4 месяца назад

There’s pros and cons for sure. Our costs are lower but the values are also lower. 😅

@cleandiaper 3 месяца назад

It's always good to have a rudimentary knowledge of the process so you can, 1. control costs and 2. monitor quality. Nice job on the house.

@NicoleNark 3 месяца назад

Very true! 😊

@deemitchell7987 8 месяцев назад

Thanks guys :)

@miguelesqueda8272 7 месяцев назад

I loved this video, thank you so much for sharing your wisdom!

@NicoleNark 7 месяцев назад

You are so welcome! Glad you enjoyed it

@user-dv4xf4kp5l 3 месяца назад

Great job guys, and a weel done video. Good luck in your new home.

@amandaarbertha8944 2 часа назад

I have a lot here in Oklahoma. I would love someone to help with building my home. I like how you broke down your built. It's been really challenging finding a builder that is not trying to take advantage or simply just ghost you. 😢

@ChunkSamson 5 месяцев назад

this was so helpful and straight to the point... been looking for something like this and its so hard to find for no reason lol,... thanks y'all (liked)

@NicoleNark 5 месяцев назад

Thanks for watching!! Glad it was helpful ☺️

@obalalama 6 месяцев назад

So inspiring ❤, thank you

@brianbell670 2 месяца назад

Great video. Appreciate you all showing this.

@NicoleNark 2 месяца назад

Thanks for watching! 😊

@Idkvids888 3 месяца назад

Wow this is the most incredible project I’ve seen!! I’m actually looking myself to build a house.

@NicoleNark 3 месяца назад

Thank you! We appreciate that

@mariahcarrington6170 3 месяца назад

Beautiful home, inside & out! Great job 👏🏾

@tfl4963 3 месяца назад

Hey I bumped into your wonderful channel and immediately became a new subscriber. Thank you couple for your worthy insights and budget advice for would be new home owners. Be very Blessed y'all 💯 ❤❤ 🙏 🙏

@alvestermazon4651 3 месяца назад

love the home I also like how you two are working togather, don't let things brake you, keep up the togatherness

@NicoleNark 3 месяца назад

Thank you! ☺️

@busyrand 24 дня назад

Fantastic video... You all have great chemistry as presenters. I am happy you guys had success with your build, and are able to sit and talk about the project together without anyone holding back. I'd love to be able to do this with my wife in the future tense...

@NicoleNark 21 день назад

Thanks so much! If you happen to have any contacts at Hgtv let us know! :)

@dafecki 4 месяца назад

Looks great. Can you share, where did you get your cabinets? Thank you!

@NicoleNark 3 месяца назад

Hey new viewers! 👋Thanks for watching! If you are interested in seeing more of this home or a more detailed breakdown of costs & the building process head over to Kachi's instagram. He has the videos already up and his handle is @buildwithkachi 😊👷‍♂

@goosesniperoutdoors2765 3 месяца назад

what is the total sq footage of the place?

@NicoleNark 2 месяца назад

@@goosesniperoutdoors27651515 sqft

@kenkayoung4990 2 месяца назад

How do i get kachis Instagram?

@NicoleNark 2 месяца назад

@@kenkayoung4990it’s @buildwithkachi

@tj2791 7 месяцев назад

Really helpful information!

@NicoleNark 7 месяцев назад

So happy to hear that! We’ve got more building content coming so be on the lookout 👀

@barehand549 2 месяца назад

Great video!

@BrenettaMadison Месяц назад

This is motivation! We are looking to build! Just bought a few lots in Arkansas!🥰 Thanks for sharing guys! ❤

@NicoleNark Месяц назад

Thanks for watching! Sounds like you’ve got an exciting journey ahead 🎉

@vodgeee 3 месяца назад

You guys did an exceptional job !

@NicoleNark 3 месяца назад

Thank you so much! ☺️

@Prettyricky504 3 месяца назад

Great vid. 💯💯👍

@blueleafevirosvc.inc.2796 4 месяца назад

Great info!

@NicoleNark 4 месяца назад

Glad you think so!

@francesjeanlouis9285 8 месяцев назад

Great Content! 👍

@NicoleNark 8 месяцев назад

Glad you enjoyed it!! ☺️

@powerpath659 27 дней назад

Great job guys!!! 😀

@NicoleNark 27 дней назад

Thank you so much!

@SuccessForever1234 3 месяца назад

I’m an owner builder, successfully built a high end home on a full lot with legal secondary home to rent out. I was the front end GC for the whole project, while maintaining permits, inspections to the final Structural / Building and Final Building Certificate Inspections. It’s a full time job but nonetheless rewarding experience. Good job!

@NicoleNark 3 месяца назад

Definitely a time consuming process! We learned a TON!

@toddoren3730 3 месяца назад

I’m building my house in Southern California with a friend currently. Literally building it ourselves from ground up. And it’s still costing me 400k for a 1200 sq ft house. How is this house 200k? Just seems impossible. There are a lot more costs such as permits, hooking up electrical to city, city water hook ups, septic if needed, solar panels, and just the general cost of materials seem really low in this build. Maybe materials are a lot cheaper in Arkansas. This guy is a builder which helps tremendously to keep costs down but 200k for a ground up build is crazy low. Kudos to you guys for figuring it out!

@ionochie 9 дней назад

Kachi i love this video !!! you and Nicole are awesome !!!

@NicoleNark 7 дней назад

Thank you so much!!

@za-pd8qf Месяц назад

y'all did amazing!!!!

@NicoleNark Месяц назад

Thank you!

@JonJohnsonHomes 3 месяца назад

Great vid

@CowboysKeith 3 месяца назад

Very nice video and thank you. I have always considered this and headed over to your other loan video now. On this particular project, how much do you estimate it would've cost to pay a general contractor (what you saved, in essence) to oversee THIS particular project? Also, if you don't mind sharing, approximately how much extra were the build costs like dumpsters, equipment rentals, utilities and such for the 7 months? I, absolutely, know this varies depending on local costs. Thank you guys!

@jun_1248 3 месяца назад

Hi Nicole, I have couple of questions 1) is $200k for the entire build including land? What will be the cost of a similar square footage new house in your area? 2) I always wanted to know if building a house yourself using subcontractors is cheaper than buying a new one from a builders (I could take some of the work myself on the weekends. I already took a framing class at a community college where we build a small shed) ? Would appreciate your response.

@marilynm6346 8 месяцев назад

Can you do a video on how to go about doing this yourself with zero home building knowledge. Recently bought land and looking at builders but way over what I’m willing to pay. How do you find a lender that will allow you to be the your own contractor. Enjoy your videos thank you for the knowledge you provide.

@NicoleNark 7 месяцев назад

Be on the lookout for it! I've got steps to building coming soon!

@prettytired9600 3 месяца назад

How much was it to add the sewer system before pouring the foundation?

@confidentialprivateusa6519 2 месяца назад

GOOD JOB!!!

@NicoleNark 2 месяца назад

THANK YOU! 😊

@buttercup9649 3 месяца назад

Great looking home. Are the plans available or the architect who drew the plans, is his info tagged somewhere??

@KingLassiter 8 месяцев назад

This is really helpful!

@NicoleNark 8 месяцев назад

Glad you think so! ☺️

@mfonobongbassey247 3 месяца назад

Hi, great, video, beautiful home. Any info on design & architectural costs, professional fees etc?

@truettadevil 3 месяца назад

Great question!

@lthomas512 Месяц назад

Love your home. We are in Little Rock as well and just dont know where to start.

@HKashaf 26 дней назад

Congrats guys

@NicoleNark 24 дня назад

Thank you!☺️

@advancedassessment6974 7 месяцев назад

How much profit did you make after selling?

@Mumumama205 2 месяца назад

Thank you so much for your video. I do miss the specs of the home you built? I can’t find it in your video list either. I’m thinking of going the owner builder route, and hiring a construction manager. This is an extra cost, but nowhere near the cost of a general contractor.

@SweeeetMel 3 месяца назад

Looks great and thank for the info! How big is the house?

@NicoleNark 3 месяца назад

Thank you! The house is 1515 sqft

@mrgpro9149 28 дней назад

Looks great. Good job on the choices. A house like that down here in Miami, Fl in an average neighborhood starts at a minimum 2 million and up. You can't a buy a 1 bd apartment for $200k here.

@iwanjuwana8288 26 дней назад

Awesome video......how do you find a good contractor? What strategy do you use to find one?

@SPLENDORISTA 3 месяца назад

how long did this project take? what is the square footage of the house?

@NicoleNark 3 месяца назад

1515 sqft and around 7 months

@Skinnyguy35 2 месяца назад

Should do a tour of the house!

@passerau 5 дней назад

I didn't know you were in Ar interesting. Bravo, well done 👏👏👏👏👏

@NicoleNark 5 дней назад

Thanks! 😃

@vaspim 12 дней назад

would have loved a house tour

@kenyattawilliams101 3 месяца назад

Nice place! My sister and brother live in Little Rock and I'm in Fort Smith

@NicoleNark 3 месяца назад

Thank you! You aren’t too far ☺️

@noname-mm9of 5 месяцев назад

I read arkansas and that’s all I needed to know lol

@NicoleNark 5 месяцев назад

Would this cost more where you are?

@19Bart11 3 месяца назад

Could you share your rental equipment breakdown and expense, please (ex. Escavator, skid steer etc).

@mariagomes9882 3 месяца назад

I am in the process of building a small house. Is there a chance you can post the front of your house? It would help me. Ty

@anitraturner5748 3 месяца назад

It would have been nice to see the finished product.

@mikejr1152 3 месяца назад

Nice finished product🔥. Do y'all build in other states as well?

@NicoleNark 3 месяца назад

Not currently! But maybe in the future!

@MUUQNN 3 месяца назад

Awesome video!! Question: do you buy all your materials at Home Depot or there is another way to save money ? 😀

@NicoleNark 3 месяца назад

We buy a lot of materials through local lumber and builder supply stores!

@conspicuousART 3 месяца назад

What about the architect and it engineering cost?

@N3RF4LIF3 3 месяца назад

7:42 Yes, dear nods commence

@homoerotic85 6 месяцев назад

We are getting ready to build this coming spring. My dad is going to be the contractor as he was a contractor who retired in 2008. He used to know how much a house would cost but where prices have increased so much since 2008 so we are having to price literally everything. Is there an easy way to do that? A lot of the subcontractors won't even give us an estimate-they say they won't give an estimate until it's ready for that step to be completed so they can see it in person. That is weird because the house plans should tell them everything they need to know. How many sqft is your house?

@NicoleNark 5 месяцев назад

Our house is 1500 sqft. There’s not a super easy way to get the pricing down. We tried to get as many quotes as we could up front just off of the plans but there were some trades that we had to price out once we got to that stage.

@homoerotic85 5 месяцев назад

@@NicoleNark Ok thanks for the reply :)

@vaspim 12 дней назад

how long did it take to complete this project?

@abacab87 6 месяцев назад

How much was the lot? Loved your video. I little more breakdown would be nice, like the cost of just flooring, just trim, just paint, etc.

@NicoleNark 6 месяцев назад

Thanks for watching! Kachi has been posting more details in short videos over on his channel 😊 You can check them out here www.youtube.com/@KachiDubisi/shorts

@Streetstories_ 7 месяцев назад

Awesome video. What is the sq ft of your home. Outstanding

@NicoleNark 7 месяцев назад

1515Sqft Heated and cooled!

@11m0 3 месяца назад

How much square footage is the house?

@bertiebowman4778 5 дней назад

Thanks for sharing your experience, how can someone get the cost estimator program?

@NicoleNark 5 дней назад

The link is in the video description!

@jims10-daychallenges74 3 месяца назад

thx. need to add in cost for builder contractor price and no sweat equity like you all did. thx

@dayewalker9408 3 месяца назад

Well done and good luck you two...!!! A very informative and concise informatic for "your" generation. You two should build several more homes and buy a bank or become your own; financing and lending on home builds throughout the region. With coastal towns about to become beaches, people will begin moving inland...Arkansas is about as inland as you can get... You'll retire early and you'll rule the roost in Arkansas (you're young enough to do it ) Again, good luck.

@NicoleNark 3 месяца назад

Thank you for watching! We also appreciate your faith in us! 🙏🏼

@jasonjosephlee 3 месяца назад

Great video! What areas are y'all building in? If y'all are ever looking Southern California we come across a lot off market opportunities.

@NicoleNark 3 месяца назад

I’d love to connect with you. We are interested in picking something up in Southern California.

@DRventura333 20 дней назад

When building for the first time, learn the construction lingo and the permit requirements for the particular State. Have your financing approvals ahead of time. Get a good project manager, if necessary. Find a reliable and trustable builder who uses licensed and certified contractors. Don't overbuild for the area. You can also build in another state, you don't have to live in same state; just have reliable staff and visit the site periodically. When you finish your project, it is absolute joy to either live in it or rent or sell. Then on to the next one.

@NicoleNark 20 дней назад

Valueable tips right here!

@trucha9925 Месяц назад

Good job Guy congratulation🎉 Which bank you guys choice for your Contruction loan Thank you

@NicoleNark Месяц назад

Thank you! We work with a small bank local to our area

@razorbackjackk 15 дней назад

Fort Smith here!!

@NicoleNark 15 дней назад

AR represent! ❤️🐗

@user-md8nk7hl1h 3 месяца назад

Planning isnt a headache if its a goal

@kayots Месяц назад

Intro: 'Is it possible to build a house without breaking the bank? :D ....Nope! But anyways here's the rundown-'

@isaquazi1939 4 месяца назад

How big is your lot? The 20K included the septic tank and the land prep?

@NicoleNark 4 месяца назад

The lot is 2,178 sqft. We are on city sewer so no septic tank. The 20k did include the land prep though.

@jakinchapman9864 8 месяцев назад

Any chance for a tour video?

@NicoleNark 8 месяцев назад

We have tons of footage so you’ll be seeing more of our builds in videos soon! 🥰

@truettadevil 3 месяца назад

You didn't show the completed home 😮😮😮

@kaylasandrus 3 месяца назад

What’s the sqft of the home please? I didn’t hear that or the amount of bathrooms and bedrooms. Thank you so much.

@NicoleNark 3 месяца назад

Hey Kayla! The home is 1515 sqft. 3 Beds, 2.5 baths 😊

@elwynjoseph5230 3 месяца назад

That’s GOOD 👍 👍👍👍

@NicoleNark 3 месяца назад

Thank you! 😊

@ricksanchez9232 3 месяца назад

Similar house in the Tampa area is about 450K? So your cost is very reasonable.

@HostedByExcellence 3 месяца назад

I know some ppl that have done new builds they want to do landscaping so they can save more money and not be stressed. Or did y’all just want everything done asap?

@Maturelyme 7 месяцев назад

Hey guys what was the square footage of the home?

@NicoleNark 7 месяцев назад

Just under 1600sqft!

@es7379 3 месяца назад

Oh I’m getting ready to build in Little Rock Arkansas….on the outskirts.

@NicoleNark 3 месяца назад

Awesome!! What are you planning?

@57holloway 5 месяцев назад

Great job! I am thinking about being the general contractor. I have remodeled many times and built my home from the ground up. Just didnt do all the concrete work. I want to move to Mountain Home and sold my house, with 300k after the mortgage paid off, and in the bank to use. Instead of buying a house outright, is all that I would save by being the general contractor is 30 percent? I am about to turn 67 and don't want to use up my time building it myself. Your 200k house would be 260k if you bought it instead of contracting it? Just trying to figure out the best way to go. Steve

@NicoleNark 5 месяцев назад

Thanks for watching! On this house specifically, we did end up saving more than 30%. This was largely due to the fact that Kachi did a lot of labor himself. I'd say if you are wanting to plan for costs try to find new construction listed for sale in your area to see what the market rate seems to be!

@57holloway 5 месяцев назад

When you say "Kachi did a lot of the labor" your meaning hiring the work to be done as the general contractor or the physical labor such as hanging sheetrock, roofing, framing, wiring? @@NicoleNark

@NicoleNark 5 месяцев назад

@@57holloway a little bit of both. He did some or the labor himself like painting, hanging doors, installing cabinets etc. On top of that he handles organizing and hiring the other subs taking over the GC role so that we did not need to hire an outside builder.

@57holloway 5 месяцев назад

thank you very much. @@NicoleNark

@trishashaw1688 7 месяцев назад

Is there a video of the completed home? It is a really cool locking home. The lot looks pretty small with the home on it.

@NicoleNark 7 месяцев назад

It was a very small infill lot in downtown Little Rock! We have footage of the finished home that we will be putting out in upcoming build videos☺️

@trishashaw1688 7 месяцев назад

@@NicoleNark Oh nice, it's a really neat design.

@NicoleNark 7 месяцев назад

@@trishashaw1688 thank you! We custom designed it and I’m pretty happy with how it turned out.

@trishashaw1688 7 месяцев назад

@@NicoleNark Can't wait to see the video of it. 😊

@Bsilbs 3 месяца назад

What did it appraise for and how much per year can you collect in rental income by renting it out?

@NicoleNark 3 месяца назад

The home appraised for $375,000. We are not using it as a rental property.

@economicdevelopmentplannin8715 7 месяцев назад

nice. but. how many showers? full baths??? please. will you sell it?

@NicoleNark 7 месяцев назад

This home is a 3 bed, 2.5 bath! We sold it last month and are looking to do more soon! ☺️

@economicdevelopmentplannin8715 7 месяцев назад

@@NicoleNark ahhh Very reasonable

@sensei9084 7 месяцев назад

I’m struggling with find a good price with land.

@NicoleNark 7 месяцев назад

That is a struggle! You might consider identifying your ideal areas and reaching out to current land owners directly. If they haven’t done anything with the land they may be open to selling it!

@NAGIUXS 4 месяца назад

It would be nice to see the completed home they're talking about....pictures or walk through

@NicoleNark 4 месяца назад

You can check out the listing. It’s 517 E 17th Little Rock.

@FordBuildersLLCshreveportLA 7 дней назад

What is the exact Black paint on the exterior? I’m a builder in Louisiana

@NicoleNark 7 дней назад

The sides and back are a pre-finished vinyl so we didn't paint them. We painted the posts with SW Tricorn Black which is a close match

@BigSuperArizonaHomeTours 3 месяца назад

How many sqft is home? How big is lot? What was the lot cost, alone?

@NicoleNark 3 месяца назад

The home is 1515 sqft and the lot is 2,178 sqft. Kachi has a much more detailed breakdown of all of the costs on his instagram. You can check it out @kachidubisi 😊

@namkebanyanklariti 2 месяца назад

Insulation? Isn't arkinsas in the south and hot year round? What's the R value of the insulation?

@NicoleNark 2 месяца назад

Definitely not hot year round. Today I woke up and it was 42 degrees and we ended up reaching 76. There are large temperature differentials and freezing weather in the winter.

@namkebanyanklariti 2 месяца назад

@@NicoleNark Wow I didn't know that for Southern States. I guess only Floriday is hot year round.

@dpar91191 4 месяца назад

Where can I get the plans to this house?

@NicoleNark 4 месяца назад

These were custom plans!

@andresmonicah5792 3 месяца назад

20m ksh?

@joelenglish2763 Месяц назад

This is incredible content. Can i ask what was the process of obtaining his builder license?

@NicoleNark Месяц назад

Thank you! He had a contractors license first which he had to take a written test for. To get the builders license, he had to apply and show building experience/provide references. Of course this is just Arkansas, not sure what the process looks like in other states.

@joelenglish2763 Месяц назад

@@NicoleNark ok thank you.