Home buying thread

Khane

Khane

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Haha, I'm using the unlogged in free version of chatgpt and now it's returning this:


✅ Final Answer:​


Your investment would be worth approximately $1,508,233.38 after 30 years at a 10.3% CAGR, assuming monthly contributions of $579.84.

Which is yet again more than what you got from it even though its slightly less monthly contributions.
 
Khane

Khane

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Just asked it again

If you invest $580/month for 30 years at a 10.3% CAGR, your investment would grow to approximately:

$2,493,543.51

Jesus, it's hilariously bad at math. Like what the actual fuck?
 
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Intrinsic

Intrinsic

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The most important lesson my first boss ever taught me when I started working professionally was “trust but verify” 😂 Think he was a big Reagan fan.

I asked again and got the same $1397641.

Short actual update to our endeavor now that I’m done with yard work and we’re about to head back out. Turns out one of the original two parcels we wanted to buy and combine was already under contract. The developer of this new subdivision is a dad and his two son’s and apparently they were not communicating with each other, so when we called to verify it was “yes submit the offer,” then 2 minutes later another phone call with “wait it may be under contract already,” and then that afternoon “yeah the other people close next week, sorry my sons are idiots.”

So, we’re heading back out after going to the Park with kids to take a look at some other lots. There are 4 that are individual ones just under and acre that will be the same square footage had we combined the others, they’re just a street over and have a little larger minimum build requirements. If one of those 4 looks flat enough we’ll go in just under asking and see what happens. If they don’t look great maybe this will be a sign that we need to hold off.
 
Foler

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Has anyone here been through the custom home building process? If you have, what’s a high level view of the process? Are there any online tools you used to help you plan layouts and pricing? How did you inspiration and ideas?
 
Intrinsic

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Foler said:
Has anyone here been through the custom home building process? If you have, what’s a high level view of the process? Are there any online tools you used to help you plan layouts and pricing? How did you inspiration and ideas?
Click to expand...

Continue to follow my blog as we go through the process! It'll be very entertaining and provide countless opportunities to say "I told you so!" and "That was a dumb decision!"

Do you have a lot yet? Not all floorplans or tentative plans will fit all lots. Even though we have a more traditional style we've had to alter our idea a few times because our lot selection has gone from more long / narrow, to a potential lot with a slope, to a more square lot.

I'm plopping down potential floorplans, layouts, and boundaries in ArcGIS to get an idea of how something may sit and have an idea of front, back, and side clearances. It obviously isn't perfect but lets me play around.

Our builder has in house design and architect to adjust any plans that we find that we want to start from. I've considered finding a 3rd party to review as well but am not sure yet. He's also done about 6 - 8 other houses in this development that we've seen and liked.

1757420966424.png
1757421276990.png
 
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Kithani

Kithani

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Intrinsic said:
Continue to follow my blog as we go through the process! It'll be very entertaining and provide countless opportunities to say "I told you so!" and "That was a dumb decision!"

Do you have a lot yet? Not all floorplans or tentative plans will fit all lots. Even though we have a more traditional style we've had to alter our idea a few times because our lot selection has gone from more long / narrow, to a potential lot with a slope, to a more square lot.

I'm plopping down potential floorplans, layouts, and boundaries in ArcGIS to get an idea of how something may sit and have an idea of front, back, and side clearances. It obviously isn't perfect but lets me play around.

Our builder has in house design and architect to adjust any plans that we find that we want to start from. I've considered finding a 3rd party to review as well but am not sure yet. He's also done about 6 - 8 other houses in this development that we've seen and liked.

View attachment 601162View attachment 601163
Click to expand...
Be a real man and put in a lazy river moat
 
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Foler

Asshat Foler

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Intrinsic said:
Continue to follow my blog as we go through the process! It'll be very entertaining and provide countless opportunities to say "I told you so!" and "That was a dumb decision!"

Do you have a lot yet? Not all floorplans or tentative plans will fit all lots. Even though we have a more traditional style we've had to alter our idea a few times because our lot selection has gone from more long / narrow, to a potential lot with a slope, to a more square lot.

I'm plopping down potential floorplans, layouts, and boundaries in ArcGIS to get an idea of how something may sit and have an idea of front, back, and side clearances. It obviously isn't perfect but lets me play around.

Our builder has in house design and architect to adjust any plans that we find that we want to start from. I've considered finding a 3rd party to review as well but am not sure yet. He's also done about 6 - 8 other houses in this development that we've seen and liked.

View attachment 601162View attachment 601163
Click to expand...
I do have a lot with plenty of space. Where are you getting your floor plans? I think that’s a great place to start. It would be nice to get some inspiration.
 
Intrinsic

Intrinsic

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Foler said:
I do have a lot with plenty of space. Where are you getting your floor plans? I think that’s a great place to start. It would be nice to get some inspiration.
Click to expand...

Man, there's a ton. I just asked ChatGTP for a whole list a couple months back when we started this.

I can't remember exactly which off the top of my head, one of them actually includes pictures of houses built off the plans, so you can look at exterior or interior modifications that were made from baseline. We've been screenshotting ones we like, adding them to a PowerPoint Idea Book, and listing the likes / dislikes, and are condensing it down to the top 3 concepts.

Most sites have 100s of filters to toggle from different lot styles, requirements like "upstairs laundry" or "safe room," and even crazier things.
 
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Foler

Asshat Foler

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Intrinsic said:
Man, there's a ton. I just asked ChatGTP for a whole list a couple months back when we started this.

I can't remember exactly which off the top of my head, one of them actually includes pictures of houses built off the plans, so you can look at exterior or interior modifications that were made from baseline. We've been screenshotting ones we like, adding them to a PowerPoint Idea Book, and listing the likes / dislikes, and are condensing it down to the top 3 concepts.

Most sites have 100s of filters to toggle from different lot styles, requirements like "upstairs laundry" or "safe room," and even crazier things.
Click to expand...
Hah not sure why I didn’t think to just ask ChatGPT.. awesome thanks for the references
 
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