On Mar 25, 12:05 pm, "Michael Bulatovich" wrote:
"RicodJour" wrote in message

oups.com...

On Mar 25, 11:00 am, "Michael Bulatovich" wrote:

Nice post, Rookie. The point that stood out for me is the inverse
relationship between the quality of the drawings and the required
experience
of the contractor.

What stood out to me was that there was no mention of the value of the
owner's time.

I think he made that pretty clear:

"Cons
- It will take a lot of your time, both managing the subcontractors
and studying codes, construction techniques, etc. "

He didn't beat the point to death, but he made it the top of the Con List.

You don't see a difference between saying it will take a lot of time
and putting a dollar value on that time?
How about the completed house's cost tax basis affecting tax liability
years down the road?

Don't misunderstand me, I think Rookie's post was just fine on almost
all points, but, as usual in almost all such owner-builder anecdotes,
the owner's time is relegated to little or no value. Certainly no
dollar value is used, and that is a major oversight.

No matter how much enjoyment someone will get out of building their
own home, it's better to do it with eyes wide open so good decisions
can be made. Not just the decision about whether to attempt building
the house on their own or not, but also about how to determine if the
owner should even attempt some of the specific aspects of work that a
pro could complete far faster.

R