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#1
Posted to rec.crafts.metalworking,rec.woodworking
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
So is it a good time to buy a larger shop or just add on to an existing
one? TMT Is Housing Out of the Woods? A growing chorus of experts says the worst may be over for home sales. But the recovery may not be smooth-or quick Depending on whom you ask, the winds may already be shifting for the housing market. All year, economists have warned of a bursting housing bubble and its potential impact on economic growth (see BusinessWeek.com, 8/21/06, "Why Housing Looks a Little Rickety"). However, a recent stream of encouraging data has some prominent prognosticators changing their tune. One of the first in line was Alan Greenspan. As recently as May 18, the former Federal Reserve chairman put an exclamation point on the housing slowdown when he declared, "The boom is over." But now, the "worst may well be over," Greenspan was quoted as saying Oct. 7, after mortgage applications posted their biggest weekly gain since June, 2005. A growing number of economists and analysts have come around to the ex-Fed chief's view. Some investors may see sunnier skies too, as homebuilding stocks such as Lennar (LEN), DR Horton (DHI), and Pulte Homes (PHM) have rebounded since touching 52-week lows in July. Reports on existing home sales for September, scheduled for release Oct. 25, and new home sales Oct. 26 could shed more light on housing's status. Leveling Out? While the most bearish scenarios may be becoming increasingly unlikely, the housing market probably isn't out of the woods yet. Even the most upbeat forecasts call for new-home construction to keep declining nearly as much as it already has so far. Meanwhile, underlying economic figures may contradict their milder headlines. Greenspan's assessment followed on the heels of Fed Vice-Chairman Donald Kohn's suggestion Oct. 4 that "[housing] starts may be closer to their trough than to their peak." The data since then could give bulls even more reason for guarded optimism. On Oct. 17, the National Association of Home Builders' housing-market index rebounded to 31 from 30 in September, snapping a 12-month decline from 68 a year earlier. A day later, a Commerce Dept. report showed housing starts rose 5.9% in September, to an unexpectedly strong pace of 1.772 million units. "The point of maximum deterioration in housing activity has probably passed," says Jan Hatzius, chief U.S. economist at Goldman Sachs (GS), in an Oct. 20 report. "The sharp downturn of the past year seems to have brought total housing starts-single-family starts, multi-family starts, and mobile-home shipments-close to the level justified by the underlying demographics." Permit Plunge Still, Hatzius comes up with plenty of caveats. Housing activity could drop by another 300,000 housing starts, he projects, as homebuilders work off unwanted inventory and buyers shift from single-family units to multifamily and mobile homes. That would come on top of a decline of 400,000 housing starts already, Hatzius says. Others maintain that the housing downturn still has a long way to go. "Commentary suggesting housing demand is recovering, based on the latest homebuilder and mortgage applications readings, appears to be more wishful thinking than fact," says Keith Hembre, chief economist at First American Funds, in an Oct. 20 report. Housing may have stabilized somewhat, but it's probably only temporary, according to David Rosenberg, North American economist at Merrill Lynch (MER). The unexpected September surge in housing starts came alongside a 6.3% drop in building permits to their slowest pace since October, 2001 (see BusinessWeek.com, 9/18/06, "The Housing Bust: Sorry, It Ain't Over Yet"). A decline in building permits has accompanied a rise in housing starts only six times since 2003, according to Rosenberg, and starts fell a month later on five of those occasions. Grim Futures Rosenberg also differs with Goldman's Hatzius over demographics. "Our research suggests that this housing cycle does not bottom out until starts reach the 1.3 million mark," Rosenberg said in an Oct. 19 report. "So contrary to popular opinion, we are barely in the fifth inning of this down-cycle on the construction front." So far, futures traders are sticking with the pessimistic view (see BusinessWeek.com, 10/10/06, "Where Housing Prices Will Fall the Most"). In afternoon trading Oct. 23, investors were predicting declines over the next 12 months in all 10 markets covered by the Chicago Mercantile Exchange's housing contracts. The composite index is seen falling 7% by August, 2007, when the one-year contract expires. That's roughly unchanged from what investors expected a month earlier. Other derivatives traders may also be betting on a deeper slump for housing. On Oct. 11, the lowest-rated subset of the ABX home-equity index touched its weakest price level since it was launched in January, according to London-based Markit, which created the index with CDS IndexCo. The index tracks a basket of credit default swaps on subprime mortgages and home-equity loans. Circumspect Bears In an Oct. 9 speech, San Francisco Fed President Janet Yellen painted a possibly even gloomier picture. Yellen spoke of a major homebuilder who calls Phoenix and Las Vegas "the new 'ghost towns' of the West." According to Yellen, price cuts "appear inevitable." Still, there are some glimmers of hope for housing demand. Peter Kretzmer, a senior economist at Bank of America (BAC), points to the University of Michigan's latest consumer-sentiment report, in which the share of respondents indicating that it was a good time to buy a house jumped to its highest level in 14 months. Meanwhile, some economists are becoming more circumspect in their bearishness. In an Oct. 20 note, Richard Berner, chief U.S. economist at Morgan Stanley (MS), says he still believes the housing slowdown is far from over. "Nonetheless, the latest data suggest that the intensity of the housing decline may be fading somewhat, and with it some of the concurrent downward pressure on housing prices," he adds. "If so, one of the biggest perceived risks to the U.S. economy may be smaller than feared." After years of defying naysayers' predictions, the housing market has finally cooled in recent months, by virtually all accounts. However, the debate over when the current slowdown will end may be just beginning. |
#2
Posted to rec.crafts.metalworking,rec.woodworking
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
So is it a good time to buy a larger shop or just add on to an existing one? TMT The future is hard to see. But, the last couple real estate downturns lasted at least three years. My guess is this one will take that long as well, we're about one year in. Now, if you can guess the absolute bottom during the next couple years, you're way to smart to be posting on this NG. At least in this area, now is a good time for small construction projects. Laid off construction people will work very reasonably for cash. Karl |
#3
Posted to rec.crafts.metalworking,rec.woodworking
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
Foreclosures, however, have been at record levels for years, from all the
suckers who bought high w/ near-bogus financing. At least fwih. Plus, as more and more yupsterized baby boomers finally croak, you'll proly get more and more estate sales'n'****... The real estate boom *does not* benefit you and me, much as we might ogle at our own paper windfall. It is really a damacles sword, and in fact it ****s *everyone* except developers/investors/politicians, and except for the few people lucky enough to be able to retire, sell, pocket the profit, and move to cheaper areas, during the boom-times. -- Mr. P.V.'d (formerly Droll Troll) Ever-preparing for The Grand Insertion Party Nominee, IPPVM Independent Party of the Proctologically Violated®© (M)asses "That's proly not a hemorrhoid you're feeling.... " entropic3.14decay at optonline2.718 dot net; remove pi and e to reply--ie, all d'numbuhs "Karl Townsend" remove .NOT wrote in message link.net... So is it a good time to buy a larger shop or just add on to an existing one? TMT The future is hard to see. But, the last couple real estate downturns lasted at least three years. My guess is this one will take that long as well, we're about one year in. Now, if you can guess the absolute bottom during the next couple years, you're way to smart to be posting on this NG. At least in this area, now is a good time for small construction projects. Laid off construction people will work very reasonably for cash. Karl |
#4
Posted to rec.woodworking
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
On 25 Oct 2006 09:34:38 -0700, "Too_Many_Tools"
wrote: So is it a good time to buy a larger shop or just add on to an existing one? Do you need a larger shop? If so, anytime is a good time. If you're just investing for the sake of it, probably not. Lots of carpenters need work right now, so you may get a deal on labor, but all of the materials are expensive as I've ever seen them. |
#5
Posted to rec.crafts.metalworking,rec.woodworking
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
On Wed, 25 Oct 2006 14:36:03 -0400, "Proctologically Violated©®"
wrote: The real estate boom *does not* benefit you and me, much as we might ogle at our own paper windfall. It is really a damacles sword, and in fact it ****s *everyone* except developers/investors/politicians, and except for the few people lucky enough to be able to retire, sell, pocket the profit, and move to cheaper areas, during the boom-times. ================== You are absolutely correct. For Harry Homeowner who remains in his house, the only thing that happens is his real estate tax goes up because of the increase paper valuations. Lets see how fast the assessors are to reduce his valuation and taxes when the markets go down. Second bad effect is that Harry succumbs to the "easy money" ads and borrows against his increased [paper] "home equity" at usurious interest rates. More financial crack/crank for the suckers, er.. citizens. Is this the "brave new one world order's" version of an opiate for the people? Unka' George (George McDuffee) ............................... Only in Britain could it be thought a defect to be "too clever by half." The probability is that too many people are too stupid by three-quarters. John Major (b. 1943), British Conservative politician, prime minister. Quoted in: Observer (London, 7 July 1991). |
#6
Posted to rec.crafts.metalworking,rec.woodworking
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
Karl Townsend wrote:
So is it a good time to buy a larger shop or just add on to an existing one? TMT The future is hard to see. But, the last couple real estate downturns lasted at least three years. My guess is this one will take that long as well, we're about one year in. Now, if you can guess the absolute bottom during the next couple years, you're way to smart to be posting on this NG. At least in this area, now is a good time for small construction projects. Laid off construction people will work very reasonably for cash. That sounds good. Where does one find these people? |
#7
Posted to rec.crafts.metalworking,rec.woodworking
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
F. George McDuffee wrote:
For Harry Homeowner who remains in his house, the only thing that happens is his real estate tax goes up because of the increase paper valuations. Lets see how fast the assessors are to reduce his valuation and taxes when the markets go down. You got that right! I battle those guys at the Appraisal District every year. So far I'm "ahead". This year they wanted to appraise my home at $179K. I presented good comps with qualifiers and made a very good case for valuation in the $105K range. They gave me $123K, then acted like I should thank them for the 'gift'. Rex in Texas |
#8
Posted to rec.crafts.metalworking,rec.woodworking
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
Oh God....
Someone put this post down like a wounded horse so others don't just waste the 30 sec I did by reading it. Rex B wrote: F. George McDuffee wrote: For Harry Homeowner who remains in his house, the only thing that happens is his real estate tax goes up because of the increase paper valuations. Lets see how fast the assessors are to reduce his valuation and taxes when the markets go down. You got that right! I battle those guys at the Appraisal District every year. So far I'm "ahead". This year they wanted to appraise my home at $179K. I presented good comps with qualifiers and made a very good case for valuation in the $105K range. They gave me $123K, then acted like I should thank them for the 'gift'. Rex in Texas |
#9
Posted to rec.crafts.metalworking,rec.woodworking
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
Oh God....
Someone put this post down like a wounded horse so others don't just waste the 30 sec I did by reading it. Rex B wrote: F. George McDuffee wrote: For Harry Homeowner who remains in his house, the only thing that happens is his real estate tax goes up because of the increase paper valuations. Lets see how fast the assessors are to reduce his valuation and taxes when the markets go down. You got that right! I battle those guys at the Appraisal District every year. So far I'm "ahead". This year they wanted to appraise my home at $179K. I presented good comps with qualifiers and made a very good case for valuation in the $105K range. They gave me $123K, then acted like I should thank them for the 'gift'. Rex in Texas |
#10
Posted to rec.crafts.metalworking,rec.woodworking
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
Oh God....
Someone put this post down like a wounded horse so others don't just waste the 30 sec I did by reading it. Rex B wrote: F. George McDuffee wrote: For Harry Homeowner who remains in his house, the only thing that happens is his real estate tax goes up because of the increase paper valuations. Lets see how fast the assessors are to reduce his valuation and taxes when the markets go down. You got that right! I battle those guys at the Appraisal District every year. So far I'm "ahead". This year they wanted to appraise my home at $179K. I presented good comps with qualifiers and made a very good case for valuation in the $105K range. They gave me $123K, then acted like I should thank them for the 'gift'. Rex in Texas |
#11
Posted to rec.crafts.metalworking,rec.woodworking
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
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#12
Posted to rec.woodworking
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
Prometheus wrote in
: On 25 Oct 2006 09:34:38 -0700, "Too_Many_Tools" wrote: So is it a good time to buy a larger shop or just add on to an existing one? Do you need a larger shop? If so, anytime is a good time. If you're just investing for the sake of it, probably not. Lots of carpenters need work right now, so you may get a deal on labor, but all of the materials are expensive as I've ever seen them. Many commodities are easing in price in the SF Bay Area. I just picked up a half a dozen sheets of prefinished birch ply at about 10-12% less than my last run... Or maybe it just seems that way today... Patriarch |
#13
Posted to rec.woodworking
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
Prometheus wrote in
: On 25 Oct 2006 09:34:38 -0700, "Too_Many_Tools" wrote: So is it a good time to buy a larger shop or just add on to an existing one? Do you need a larger shop? If so, anytime is a good time. If you're just investing for the sake of it, probably not. Lots of carpenters need work right now, so you may get a deal on labor, but all of the materials are expensive as I've ever seen them. Wish I could find some carpenters out of work. I'll settle for for decent ones. Good ones are impossible to find. |
#14
Posted to rec.woodworking
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
On Wed, 25 Oct 2006 19:37:28 GMT, Rex B wrote:
Karl Townsend wrote: So is it a good time to buy a larger shop or just add on to an existing one? TMT The future is hard to see. But, the last couple real estate downturns lasted at least three years. My guess is this one will take that long as well, we're about one year in. Now, if you can guess the absolute bottom during the next couple years, you're way to smart to be posting on this NG. At least in this area, now is a good time for small construction projects. Laid off construction people will work very reasonably for cash. That sounds good. Where does one find these people? Probably the local tavern. Ask them for references. |
#15
Posted to rec.crafts.metalworking,rec.woodworking
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
It is starting to look like it will be better to buy a bigger shop than
add on. I wonder if one could gut a McMansion and redo it as a really nice shop? TMT Home prices plunge by most in 35 years By MARTIN CRUTSINGER, AP Economics Writer The median price of a new home plunged in September by the largest amount in more than 35 years, even as the pace of sales rebounded for a second month. The Commerce Department reported that the median price for a new home sold in September was $217,100, a drop of 9.7 percent from September 2005. It was the lowest median price for a new home since September 2004 and the sharpest year-over-year decline since December 1970. The weakness in new home prices was even sharper than a 2.5 percent fall in the price of existing homes last month, which had been the biggest drop on record. The price decline for new homes came while the sales pace picked up, rising by 5.3 percent to a seasonally adjusted annual rate 1.075 million homes. It marked the second consecutive increase in sales following three months of declines. The declines in prices served to underscore the severity of the correction in the once-booming housing market, which had seen sales of both new and existing homes soar to record levels for five consecutive years, propelled by the lowest mortgage rates in more than four decades. This year, with mortgage rates rising through midsummer, sales have cooled considerably, with housing expected to trim more than a percentage point from overall growth in the last half of the year. The debate is whether the slowdown will be enough to push the country into an outright recession. The Federal Reserve, recognizing the weakness in housing, halted a two-year string of interest rate increases in August and left rates unchanged for a third straight meeting on Wednesday. The Fed, however, gave no indication that it planned to start cutting rates because of the weakness in housing, saying it was still concerned that inflation remained too high. The 5.3 percent rise in new home sales in September followed a 3.8 percent rise in August and was the biggest one-month gain since an 8 percent increase in March. However, sales had fallen for three straight months from May through July. The rise in sales last month was led by a 23.9 percent jump in the West. Sales were also up 6.9 percent in the South. However, sales fell by 34.5 percent in the Northeast and were down 6.3 percent in the Midwest. Too_Many_Tools wrote: So is it a good time to buy a larger shop or just add on to an existing one? TMT Is Housing Out of the Woods? A growing chorus of experts says the worst may be over for home sales. But the recovery may not be smooth-or quick Depending on whom you ask, the winds may already be shifting for the housing market. All year, economists have warned of a bursting housing bubble and its potential impact on economic growth (see BusinessWeek.com, 8/21/06, "Why Housing Looks a Little Rickety"). However, a recent stream of encouraging data has some prominent prognosticators changing their tune. One of the first in line was Alan Greenspan. As recently as May 18, the former Federal Reserve chairman put an exclamation point on the housing slowdown when he declared, "The boom is over." But now, the "worst may well be over," Greenspan was quoted as saying Oct. 7, after mortgage applications posted their biggest weekly gain since June, 2005. A growing number of economists and analysts have come around to the ex-Fed chief's view. Some investors may see sunnier skies too, as homebuilding stocks such as Lennar (LEN), DR Horton (DHI), and Pulte Homes (PHM) have rebounded since touching 52-week lows in July. Reports on existing home sales for September, scheduled for release Oct. 25, and new home sales Oct. 26 could shed more light on housing's status. Leveling Out? While the most bearish scenarios may be becoming increasingly unlikely, the housing market probably isn't out of the woods yet. Even the most upbeat forecasts call for new-home construction to keep declining nearly as much as it already has so far. Meanwhile, underlying economic figures may contradict their milder headlines. Greenspan's assessment followed on the heels of Fed Vice-Chairman Donald Kohn's suggestion Oct. 4 that "[housing] starts may be closer to their trough than to their peak." The data since then could give bulls even more reason for guarded optimism. On Oct. 17, the National Association of Home Builders' housing-market index rebounded to 31 from 30 in September, snapping a 12-month decline from 68 a year earlier. A day later, a Commerce Dept. report showed housing starts rose 5.9% in September, to an unexpectedly strong pace of 1.772 million units. "The point of maximum deterioration in housing activity has probably passed," says Jan Hatzius, chief U.S. economist at Goldman Sachs (GS), in an Oct. 20 report. "The sharp downturn of the past year seems to have brought total housing starts-single-family starts, multi-family starts, and mobile-home shipments-close to the level justified by the underlying demographics." Permit Plunge Still, Hatzius comes up with plenty of caveats. Housing activity could drop by another 300,000 housing starts, he projects, as homebuilders work off unwanted inventory and buyers shift from single-family units to multifamily and mobile homes. That would come on top of a decline of 400,000 housing starts already, Hatzius says. Others maintain that the housing downturn still has a long way to go. "Commentary suggesting housing demand is recovering, based on the latest homebuilder and mortgage applications readings, appears to be more wishful thinking than fact," says Keith Hembre, chief economist at First American Funds, in an Oct. 20 report. Housing may have stabilized somewhat, but it's probably only temporary, according to David Rosenberg, North American economist at Merrill Lynch (MER). The unexpected September surge in housing starts came alongside a 6.3% drop in building permits to their slowest pace since October, 2001 (see BusinessWeek.com, 9/18/06, "The Housing Bust: Sorry, It Ain't Over Yet"). A decline in building permits has accompanied a rise in housing starts only six times since 2003, according to Rosenberg, and starts fell a month later on five of those occasions. Grim Futures Rosenberg also differs with Goldman's Hatzius over demographics. "Our research suggests that this housing cycle does not bottom out until starts reach the 1.3 million mark," Rosenberg said in an Oct. 19 report. "So contrary to popular opinion, we are barely in the fifth inning of this down-cycle on the construction front." So far, futures traders are sticking with the pessimistic view (see BusinessWeek.com, 10/10/06, "Where Housing Prices Will Fall the Most"). In afternoon trading Oct. 23, investors were predicting declines over the next 12 months in all 10 markets covered by the Chicago Mercantile Exchange's housing contracts. The composite index is seen falling 7% by August, 2007, when the one-year contract expires. That's roughly unchanged from what investors expected a month earlier. Other derivatives traders may also be betting on a deeper slump for housing. On Oct. 11, the lowest-rated subset of the ABX home-equity index touched its weakest price level since it was launched in January, according to London-based Markit, which created the index with CDS IndexCo. The index tracks a basket of credit default swaps on subprime mortgages and home-equity loans. Circumspect Bears In an Oct. 9 speech, San Francisco Fed President Janet Yellen painted a possibly even gloomier picture. Yellen spoke of a major homebuilder who calls Phoenix and Las Vegas "the new 'ghost towns' of the West." According to Yellen, price cuts "appear inevitable." Still, there are some glimmers of hope for housing demand. Peter Kretzmer, a senior economist at Bank of America (BAC), points to the University of Michigan's latest consumer-sentiment report, in which the share of respondents indicating that it was a good time to buy a house jumped to its highest level in 14 months. Meanwhile, some economists are becoming more circumspect in their bearishness. In an Oct. 20 note, Richard Berner, chief U.S. economist at Morgan Stanley (MS), says he still believes the housing slowdown is far from over. "Nonetheless, the latest data suggest that the intensity of the housing decline may be fading somewhat, and with it some of the concurrent downward pressure on housing prices," he adds. "If so, one of the biggest perceived risks to the U.S. economy may be smaller than feared." After years of defying naysayers' predictions, the housing market has finally cooled in recent months, by virtually all accounts. However, the debate over when the current slowdown will end may be just beginning. |
#16
Posted to rec.woodworking
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
On 26 Oct 2006 12:30:41 -0700, "Too_Many_Tools"
wrote: It is starting to look like it will be better to buy a bigger shop than add on. I wonder if one could gut a McMansion and redo it as a really nice shop? Would you even need to gut it? Last one I saw was real impressive on the outside, but didn't even have trim on the inside. Just plain drywall with orangepeel texture and big open rooms. It would have made a hell of a shop, come to think of it. But seriously, if you want to buy a new shop, and go the pole-building route (the least expensive option if you want a big building with a high ceiling,) most of the vendors run discounts during the winter, so don't wait until spring to line them up. IIRC, 8-11% off in January is not that uncommon. Stick frame isn't quite the same, as the foundation needs to be poured when the weather is warm enough. |
#17
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
On Fri, 27 Oct 2006 05:40:07 -0500, Prometheus
wrote: On 26 Oct 2006 12:30:41 -0700, "Too_Many_Tools" wrote: It is starting to look like it will be better to buy a bigger shop than add on. I wonder if one could gut a McMansion and redo it as a really nice shop? Would you even need to gut it? Last one I saw was real impressive on the outside, but didn't even have trim on the inside. Just plain drywall with orangepeel texture and big open rooms. It would have made a hell of a shop, come to think of it. But seriously, if you want to buy a new shop, and go the pole-building route (the least expensive option if you want a big building with a high ceiling,) most of the vendors run discounts during the winter, so don't wait until spring to line them up. IIRC, 8-11% off in January is not that uncommon. Stick frame isn't quite the same, as the foundation needs to be poured when the weather is warm enough. We do foundations all year round down here. The joys of living in the south. |
#18
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
On Thu, 26 Oct 2006 00:48:40 -0500, Henry St.Pierre wrote:
Wish I could find some carpenters out of work. I'll settle for for decent ones. Good ones are impossible to find. (Proverbs 22:29) 29Â*Have you beheld a man skillful in his work? Before kings is where he will station himself; he will not station himself before commonplace men. |
#19
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
On Fri, 27 Oct 2006 11:48:02 GMT, Jim Behning
wrote: But seriously, if you want to buy a new shop, and go the pole-building route (the least expensive option if you want a big building with a high ceiling,) most of the vendors run discounts during the winter, so don't wait until spring to line them up. IIRC, 8-11% off in January is not that uncommon. Stick frame isn't quite the same, as the foundation needs to be poured when the weather is warm enough. We do foundations all year round down here. The joys of living in the south. Yeah, but you miss out on the delightful cold weather, so it evens out. The south would be nice in the winters, but the summer heat would drop me. |
#20
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
On Fri, 27 Oct 2006 19:42:49 -0500, Prometheus
wrote: On Fri, 27 Oct 2006 11:48:02 GMT, Jim Behning wrote: But seriously, if you want to buy a new shop, and go the pole-building route (the least expensive option if you want a big building with a high ceiling,) most of the vendors run discounts during the winter, so don't wait until spring to line them up. IIRC, 8-11% off in January is not that uncommon. Stick frame isn't quite the same, as the foundation needs to be poured when the weather is warm enough. We do foundations all year round down here. The joys of living in the south. Yeah, but you miss out on the delightful cold weather, so it evens out. The south would be nice in the winters, but the summer heat would drop me. I do miss playing in the snow and hiking in the park when no cars can get in the park. The quiet of a fresh snow is amazing. Summer heat is something you get used to just like the thickening of the blood when it is 10F outside. Building my house in the middle of the summer was darned hot. Building my pole barn was not as bad as it was in the summer but I was outside. http://www.brookridgemorgans.com/ourpolebarn.htm |
#21
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
On Sat, 28 Oct 2006 02:34:19 GMT, Jim Behning
wrote: On Fri, 27 Oct 2006 19:42:49 -0500, Prometheus wrote: On Fri, 27 Oct 2006 11:48:02 GMT, Jim Behning wrote: But seriously, if you want to buy a new shop, and go the pole-building route (the least expensive option if you want a big building with a high ceiling,) most of the vendors run discounts during the winter, so don't wait until spring to line them up. IIRC, 8-11% off in January is not that uncommon. Stick frame isn't quite the same, as the foundation needs to be poured when the weather is warm enough. We do foundations all year round down here. The joys of living in the south. Yeah, but you miss out on the delightful cold weather, so it evens out. The south would be nice in the winters, but the summer heat would drop me. I do miss playing in the snow and hiking in the park when no cars can get in the park. The quiet of a fresh snow is amazing. Summer heat is something you get used to just like the thickening of the blood when it is 10F outside. Building my house in the middle of the summer was darned hot. Building my pole barn was not as bad as it was in the summer but I was outside. http://www.brookridgemorgans.com/ourpolebarn.htm That's a big project for one guy. I've done it with a three-man crew, but not with a shingled roof. Nice job, btw. You forgot the best part of the snow, though- the smell of it. You wouldn't think it smells like anything, and you forget over the summer months, but when it comes, you remember (or at least, I can smell it) |
#22
Posted to rec.woodworking
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
Jim Behning wrote:
Building my pole barn was not as bad as it was in the summer but I was outside. http://www.brookridgemorgans.com/ourpolebarn.htm nice shed. - would make an adequate sized workshop I think (but would probably *still* be too small) - shame you need to put horses in it :.D seriously - you mention 16 ft and 20ft poles. - do the 16fts go around the outside, then there's two rows of 20ft poles down each side of a central aisle? Is the spacing of the 20 foot poles same as the 16 foot? What distance apart? I guess the rafters were on 16" centres? -- BigEgg Hack to size. Hammer to fit. Weld to join. Grind to shape. Paint to cover. http://www.workshop-projects.com - Plans and free books - *Now with forum* |
#23
Posted to rec.woodworking
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
On Sat, 28 Oct 2006 12:32:08 +0100, bigegg
wrote: Jim Behning wrote: Building my pole barn was not as bad as it was in the summer but I was outside. http://www.brookridgemorgans.com/ourpolebarn.htm nice shed. - would make an adequate sized workshop I think (but would probably *still* be too small) - shame you need to put horses in it :.D seriously - you mention 16 ft and 20ft poles. - do the 16fts go around the outside, then there's two rows of 20ft poles down each side of a central aisle? Is the spacing of the 20 foot poles same as the 16 foot? What distance apart? I guess the rafters were on 16" centres? I can't speak for Jim's, but most pole sheds have poles 10' on center. With the freestall style he's got, the center poles are at the same frequency, and the rafters go from the outside poles to the center ones, and are tied together in the center with a metal strap or cactus plate. Then, there are purlins that either nail to the top or sit in saddles between the rafters at about 34", though that spacing is different on every building. If you use trusses, it works the same way, except that they have purlins on the bottom as well (about every 8') and X bracing in the first bay. The truss style ones usually have knee bracing in the upper corner to keep the truss square to the pole as well. On the walls, girts are nailed to the outside of the poles about every 34", again, this is different on every building. The roof panels are attached to the purlins, the wall panels are attached to the girts. Windows and doors have a light rough-in, without traditional headers and are installed after the outside panels- and are held in place on the bottom with J-trim. It's a fast way of building, and works okay, but it is much lighter than a standard stick-framed building, and the standard construction methods you'd find in (for example) a regular house are more or less tossed out the window. The steel (or plywood) provides most of the strength of the building- until that's on, you can twist the whole thing with a steel cable and a come-along. They're really good if you want high side walls and need to save some money, or you don't want to have a foundation or need a floor. But generally speaking, they're not as robust as regular construction. They are good options for shops and industrial buildings as well as barns, and not too tough for a guy to put up in a weekend or two with a couple of helpers and some scaffolding. I've worked the numbers several times, and at least in my area, if you can get a foundation or slab poured cheaply, it's less expensive to stick frame- unless you want a very large building. If you want a 80' x 150' shop, a pole shed is the way to go. If you want one 20' x 30', it's better to stick frame it. |
#24
Posted to rec.woodworking
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
I have not smelled a good snow in forever. I keep threatening in my
mind to go to the snow in the winter but it has been years. I think I have a meeting in Seattle the seond week of March. I do not know if they have snow in the mountains that time of year but there was talk sking/snowboarding if the meeting was during snow season. Yes, as Prometheus mentioned the poles are 12' centers so I could get a fair size stall for the horse. We have Morgans which are about the same size as an Arab depending on the bloodlines. Some have been as big as thoroughbreds while others have been huge ponies. The 20' poles are the same spacing and a center support for my 2x8 rafters 16" oc. I did not want to do trusses for a few reasons. One was ease of install. I can install the 2x8 by myself if I had to or with one helper. The next pole barn I built was about the same size but we used trusses. We had at least 4 guys for the trusses. One running the crane and a few carpenters. With the trusses it was free space inside because the trusses can span a huge area when properly engineered. Rafters can span a huge space but it requires bigger rafters and better engineering than I know how to do. I agree that a stick built on a poured foundation or slab would be less expensive. I know that it is less work once you pay the foundation man off. Digging holes, backfilling or mixing concrete by hand to pour around the posts, tipping posts up. All that requires a lot of back which you work in to if you are not in a rush. I used shingles because the last place we rented had an aluminum roof with no insulation. That was noisy. A friend did a metal roof but they used that bubble insulation between the roof and the purlins. That made the roof much quieter. And as Prometheus mentioned every building can be regionally or project different. I have a snow load of about 2" about every 20 years. Wind load is not reguarly as high as a Kansas building might have. On Sat, 28 Oct 2006 20:27:58 -0500, Prometheus wrote: On Sat, 28 Oct 2006 12:32:08 +0100, bigegg wrote: Jim Behning wrote: Building my pole barn was not as bad as it was in the summer but I was outside. http://www.brookridgemorgans.com/ourpolebarn.htm nice shed. - would make an adequate sized workshop I think (but would probably *still* be too small) - shame you need to put horses in it :.D seriously - you mention 16 ft and 20ft poles. - do the 16fts go around the outside, then there's two rows of 20ft poles down each side of a central aisle? Is the spacing of the 20 foot poles same as the 16 foot? What distance apart? I guess the rafters were on 16" centres? I can't speak for Jim's, but most pole sheds have poles 10' on center. With the freestall style he's got, the center poles are at the same frequency, and the rafters go from the outside poles to the center ones, and are tied together in the center with a metal strap or cactus plate. Then, there are purlins that either nail to the top or sit in saddles between the rafters at about 34", though that spacing is different on every building. If you use trusses, it works the same way, except that they have purlins on the bottom as well (about every 8') and X bracing in the first bay. The truss style ones usually have knee bracing in the upper corner to keep the truss square to the pole as well. On the walls, girts are nailed to the outside of the poles about every 34", again, this is different on every building. The roof panels are attached to the purlins, the wall panels are attached to the girts. Windows and doors have a light rough-in, without traditional headers and are installed after the outside panels- and are held in place on the bottom with J-trim. It's a fast way of building, and works okay, but it is much lighter than a standard stick-framed building, and the standard construction methods you'd find in (for example) a regular house are more or less tossed out the window. The steel (or plywood) provides most of the strength of the building- until that's on, you can twist the whole thing with a steel cable and a come-along. They're really good if you want high side walls and need to save some money, or you don't want to have a foundation or need a floor. But generally speaking, they're not as robust as regular construction. They are good options for shops and industrial buildings as well as barns, and not too tough for a guy to put up in a weekend or two with a couple of helpers and some scaffolding. I've worked the numbers several times, and at least in my area, if you can get a foundation or slab poured cheaply, it's less expensive to stick frame- unless you want a very large building. If you want a 80' x 150' shop, a pole shed is the way to go. If you want one 20' x 30', it's better to stick frame it. |
#25
Posted to rec.woodworking
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
On Sun, 29 Oct 2006 12:24:50 GMT, Jim Behning
wrote: Yes, as Prometheus mentioned the poles are 12' centers so I could get a fair size stall for the horse. We have Morgans which are about the same size as an Arab depending on the bloodlines. Some have been as big as thoroughbreds while others have been huge ponies. The 20' poles are the same spacing and a center support for my 2x8 rafters 16" oc. I did not want to do trusses for a few reasons. One was ease of install. I can install the 2x8 by myself if I had to or with one helper. The next pole barn I built was about the same size but we used trusses. We had at least 4 guys for the trusses. One running the crane and a few carpenters. With the trusses it was free space inside because the trusses can span a huge area when properly engineered. Rafters can span a huge space but it requires bigger rafters and better engineering than I know how to do. We put up a few freestalls with LVL rafters this summer, and while they did span large distances, the LVLs were so big that the crane was needed anyway. In those cases, the design seemed to be that way so that the stalls had solid posts to attach the gates to in the center- though I know so little about farming that I'm not sure that that is correct or necessary. Trusses do require a minimum of three guys- one working the crane, and one on each side to seat them in the top of the poles. But it's best to have four- so a ground guy can toss purlins up to the guys on the trusses. I agree that a stick built on a poured foundation or slab would be less expensive. I know that it is less work once you pay the foundation man off. Digging holes, backfilling or mixing concrete by hand to pour around the posts, tipping posts up. All that requires a lot of back which you work in to if you are not in a rush. There may be a regional difference with the requirements, but I think you may have done a little extra work if you were mixing the concrete. We'd drill the holes, then toss in a concrete cookie, set the pole and brace it, then dump in three or four bags of dry quickcrete. At least according to the engineers who designed the kits, the water in the ground itself is more than enough to activate the concrete. I used shingles because the last place we rented had an aluminum roof with no insulation. That was noisy. A friend did a metal roof but they used that bubble insulation between the roof and the purlins. That made the roof much quieter. No argument there- it is quiter, but man, is it a lot more work! Three guys can roof a large building in an afternoon with steel sheets, but shingling takes a lot longer. We used some stuff called tough roll that is basically just the old fiberglass insulation with a thick plastic face that will quiet the roof, add some R-value, and keep condesation from dripping on your head. It unrolls from the peak down to the overhang on top of the purlins, and the steel holds it in place. Saves a lot of labor- though I don't know that it's any quieter than the shingled roof. I'd just hate to strip and reshingle one of those monsters. |
#26
Posted to rec.woodworking
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Is It A Good Time To Buy A Larger Shop...Maybe Or Maybe Not..
I agree with you. I probably worked too hard with the concrete mixing.
I guess dry bags would have worked good enough. I hope I have another 10 years before the first reshingle of the barn and house. I will hire that out I suspect. I am just a computer geek now. I don't keep up with engineered lumber which is pretty cool stuff. Making the most of wood chips and all. I did engineered wood for the first floor of my house. I was doing hardwood floor and I wanted really even floors which traditional 2x lumber would be hard to achive. The second pole barn I helped on we did the fiberglass encased in white plastic. That was a pretty fast system. I cannot recall if it was one or two days but it was faster than shingles. On Sun, 29 Oct 2006 15:59:29 -0600, Prometheus wrote: On Sun, 29 Oct 2006 12:24:50 GMT, Jim Behning wrote: Yes, as Prometheus mentioned the poles are 12' centers so I could get a fair size stall for the horse. We have Morgans which are about the same size as an Arab depending on the bloodlines. Some have been as big as thoroughbreds while others have been huge ponies. The 20' poles are the same spacing and a center support for my 2x8 rafters 16" oc. I did not want to do trusses for a few reasons. One was ease of install. I can install the 2x8 by myself if I had to or with one helper. The next pole barn I built was about the same size but we used trusses. We had at least 4 guys for the trusses. One running the crane and a few carpenters. With the trusses it was free space inside because the trusses can span a huge area when properly engineered. Rafters can span a huge space but it requires bigger rafters and better engineering than I know how to do. We put up a few freestalls with LVL rafters this summer, and while they did span large distances, the LVLs were so big that the crane was needed anyway. In those cases, the design seemed to be that way so that the stalls had solid posts to attach the gates to in the center- though I know so little about farming that I'm not sure that that is correct or necessary. Trusses do require a minimum of three guys- one working the crane, and one on each side to seat them in the top of the poles. But it's best to have four- so a ground guy can toss purlins up to the guys on the trusses. I agree that a stick built on a poured foundation or slab would be less expensive. I know that it is less work once you pay the foundation man off. Digging holes, backfilling or mixing concrete by hand to pour around the posts, tipping posts up. All that requires a lot of back which you work in to if you are not in a rush. There may be a regional difference with the requirements, but I think you may have done a little extra work if you were mixing the concrete. We'd drill the holes, then toss in a concrete cookie, set the pole and brace it, then dump in three or four bags of dry quickcrete. At least according to the engineers who designed the kits, the water in the ground itself is more than enough to activate the concrete. I used shingles because the last place we rented had an aluminum roof with no insulation. That was noisy. A friend did a metal roof but they used that bubble insulation between the roof and the purlins. That made the roof much quieter. No argument there- it is quiter, but man, is it a lot more work! Three guys can roof a large building in an afternoon with steel sheets, but shingling takes a lot longer. We used some stuff called tough roll that is basically just the old fiberglass insulation with a thick plastic face that will quiet the roof, add some R-value, and keep condesation from dripping on your head. It unrolls from the peak down to the overhang on top of the purlins, and the steel holds it in place. Saves a lot of labor- though I don't know that it's any quieter than the shingled roof. I'd just hate to strip and reshingle one of those monsters. |
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