When TH-camrs often say “I’ll give you a cost breakdown” it’s usually followed by some fluff and it doesn’t include the smaller charges. Your video is the golden standard of breaking down costs while building a home. Excellent job!
For the price invested he should have a massive, Million+ in equity house. But instead hes stuck with a shipping container house, meant to be low cost.. for half a million... Gold standard it is not.
@@crisnmaryfam7344 I’m not arguing on the equity , I’m saying the actual breakdown of charges is more accurate than other TH-camrs, but thank you for the insight !
There's something wrong in the world when it costs $10K to have a couple guys mark off your property for a couple hours but it also costs $10K for complete engineering and structural plans. Like the latter is way much more work and takes way more skill and time.
My wife and i stayed here and it was genuinely nice and didnt skimp in any locations. Felt like a very welcoming and enjoyable space. Mad jealous its not our house. Well done and appreciated the opportunity to stay here 👍
My brother and I are doing this but, we are already tiny home builders. We’re almost certain we can do almost the same thing for about half that cost. Probably less, because I think he got screwed by every single contractor he talked to. Glad to hear you think it was awesome because reviews like this make it more worth my time in my head. So thanks for coming to share your info.
Container homes are NOT more affordable. Containers simply weren't intended to be lived in. The container's structural integrity depends on the corrugated metal walls, so the moment you start cutting holes in them, you ruin that. So you have to reinforce. Plus you have to account for insulation, pipes, electrical, etc. so you don't have near as much space inside as you think you do. And even after all is said and done, you're living in a metal container that was not intended to be lived in--it's gonna rust. Not an if, it's a when, and how bad. And as if all that weren't enough, because it's all metal, you can't easily remodel. You're in all ways better off building from scratch using normal construction materials. You're not saving money by buying shipping containers, and you're not helping the environment. Those things get recycled when they're decommissioned anyway. That's a lot of metal--it's not like they're just gonna get thrown into a heap somewhere and forgotten about. And being professionally recycled in a facility designed to handle that sort of thing is way more efficient than some guy trying to turn it into a shanty home.
As a contractor In South Florida I can tell you the window lead times are averaging nearly 6 months. It's insane. Construction costs post Covid are astronomical, now is definitely not the time to custom build unless your independantly wealthy and have money to burn.
Very useful input. It certainly seems that you can get more square footage of real estate in the same place by buying, rather than building. Even if your construction budget is as tight as possible and your purchasing behavior is quite lax.
If you build out everything yourself, you can save a ton of money. If your not on a tight time frame and are willing and eager to learn, you can teach yourself every trade saving yourself a ton of money on contracting costs. I’ve seen it done that way many many times. But either way, the only way to bring costs back down is if people stop building and buying for awhile
@@Itsreallymarcus and generally I would agree, the problem is not doing the work oneself. It's paying the individual trades i.e., hvac, plumbing, electrical to pull permits. Even if you do the bulk of the work yourself they still rape you on the permit cost.
Cost breakdown video that doesn't spend 70% teasing us but breaks down the cost from start to finish. I salute you sir. Well done. This home is STUNNING
Thank you for this honest video for its transparency on price, as it's tiring to see projects that cost $100,000 but actually cost much more, especially when considering building a home
Honestly this was a breath of fresh air. I hear so many people missing costs and forgetting all the details, but you seem to have calculated it all. Over in the midwest we are about 1/2-1/4 those costs, but if you buy in an area that is in demand you can make some good money. Did you end up doing a cashout refi to pull your money back out?
I'm gonna be doing a cash out refi most likely. Yeah the best way to make sure I didn't miss costs is just go through ever bank transfer and credit card payment.
That electrical box costs that much because you're also paying for the conduit, the copper wire, and the manpower required to trench/pull/connect/energize your property. Depending on the distance the wire had to cover, you could easily be spending 20k just on a wire spool (also depends on the wire gauge)
I was looking for this comment… even in winter, 20k of solar and you’d be fully off grid. Enough surplus in summer to run a hot tub or something then too.
I work for a power company I won't say who but we charge about 12.50 a kva plus 7 a foot for wire I would say it's probably your distant from the nearest primary power
Designer-turned-building contractor-turned-urban planner here. A few observations, and two questions for Devon. 1. Your site considerations will very greatly from region to region. You won't have to worry about wetlands in some areas, for example, but you may have to worry about windstorm or seismic. And, in many states if you are building outside of city limits your permitting will be much different and often less odious. As another example, the cost Devon mentions for the water well is probably twice what a water well would cost here in Texas: most well drillers charge more like $50 per foot, and we can typically get good water at 120' or less (except on the coast due to brackish water intrusion). Point being: do your due diligence. Know your local conditions. Figure all that stuff out first before you buy a single nail! 2. Same with permitting and design professionals. For example, the fees for permits that Devon mention are outlandish in most parts of the U.S. So don't think those are representative; they may be less or (God forbid) maybe even more! 3. I like that he talks about some special considerations with shipping containers like what happens if you offset the containers, or cut them. All those cuts have to be reinforced (but in a site-built wood-framed house, doors and window openings have to be reinforced as well). And of course you can avoid the other issue by simply not offsetting or angling the containers. 4. Know your lead times for construction materials too. Time is money, after all. And if you aren't a building contractor and have never done it, by all that is good and holy on God's green earth don't believe the DIY Network shows that make ti seem like self-contracting is so easy. It's absolutely not; you're watching experienced professionals on scripted TV. Hire a reputable contractor. Now the questions for Devon: 1. What is your cost per square foot for the habitable structure only, with all the site and utility stuff removed? 2. What is the average cost per square foot (habitable structure only) for site-built wood-framed houses in the area? I'm curious to see if there were any cost savings per square foot.
This is a freaking beautiful design! I hope you get plenty of rentals to pay off all those building costs, but it all looks like money well spent. You didn’t cut any corners. Nice! Thanks for sharing all the details!
You killed it!! When u stated "cost breakdown" I thought it would be like others just giving us the "what we want you to know costs" but you actually broke it down for us, thankyou for this, it has given me something to think about for when I decide to build my shipping container home. I whole heartedly believe you will certainly get all the funds back and then some when you put it up for holiday rental. Congratulations on such wonderful job🙏🏾🧡
Yes YES!!! Like I wanna know ALL the little stuff that really ends up adding up quick but we tend to not think about. Fees, fines, tests, even unexpected expenses like the eye Dr appointment cost, and any possible bribes(HA!)… so we could set a “slush/emergency fund” type thing up even though I know there is ALWAYS gonna be costs that pop up. I wanna know it all!! Hell, $750,000 isn’t really bad for Washington state!! I was expecting over a million east. Nice job. New sub!!!
I’ve always wondered how much building a home would cost. I love the aesthetic look of homes like this. I could live in that house and never get tired of where it’s located or how beautiful the home is. This is literally all I need to be happy forever 😂
Find contentment in yourself and not material things. Super important for a persons mental sobriety. Everyone is different but once you start to justify the chase for more you’ll justify just about anything in little bits at a time.
@@d1986ben Thanks for the reminder, Each moment is the only of that moment we get, and figuring out how to both work towards a goal, and embrace and enjoy each moment for its own value is hard. And harder for many than for me, so keep moving forward, and keep fighting, with yourself to be happy, and with your life to be what satisfies you.
Well do your research this guy got taken hard. they seen him coming with that willful ignorance and the Tesla and taxed him to the moon and back. Total build should be something like 200k, not near triple that.
Progressivism at work. Pay thousands for stamps on paper while trying to defend other countries building anything and everything without safety standards. Time to ditch the far-Left and get back to practical living/ building
I mean, are you still in your teenage years? That is literally how life works. Every other day you wake up to large new expenses you never saw coming. Or did you think that you can just pay for X and that's that.
I love that you gave an honest breakdown of costs. So many people are floored at why things cost so much; everything adds up, and there are always unexpected costs. It's a beautiful, high-end build that will have a great ROI.
That was insane! Lol, I don't know how you have energy to build, document and edit all of that but it's super impressive! Definitely best construction and cost break down I've ever seen! Well done
@@AB-hu2uw Why would it be fake? Tbh most youtubers never make such comprehensive cost breakdown even if they say "the most comprehensive breakdown", they still miss half the shit they paid for and don't mention things they got for free from sponsorships. but here, not only he mentions literally everything , even the most mundane shit, but also says what he got for free and that it would cost more without sponsorships
I know that with getting the power out there a lot of the cost is running the lines to the location if it's "off the grid" then it's going to be significantly more expensive. Just want to say thank you so much though. This is the best full cost of assembly/construction video that I have ever watched on youtube. It's truly a massive help to anyone considering a similar project. I can't say thank you enough times, you did an amazing job.
I just love what the home looks like, the matte black with seemingly orange wood and touch makes it look so futuristic, yet so homey and comfortable. Definitely something I would build for myself.
This looks incredible. Some people are focusing on the fact that they wouldn’t want to stay in a shipping container house. But honestly, the shipping containers were just the base design. You’re not just buying shipping containers. You’re buying a really nice house. The containers are just essentially a gimmick as there is just as much work as building a house and it looks amazing.
Yeah, wait until a year passes and he starts to realize why the industry stopped making these. Mold problems being the biggest issue that will crop up quickly. for 800k he could have built a home 10 times this size, loaded with futuristic features, and charged way more than a million. Not a great investment.
No they’re not. They are crazy if you’re an idiot like this guy and you have no idea how to do anything yourself and have to hire out people for every single aspect of your build. This guy didn’t need a two floor house. He could’ve made something super simple himself for 10% of the cost, this house is grossly large/expensive/complicated for 0 reason.
Wow that was much higher than what I thought it would be. I don't doubt the market value, but I'm having a hard time imagining a buyer that will pay that amount for a container home, which tends to attract more frugal buyers in the first place. I know the pandemic had a major impact on construction, but I feel a similar sized log cabin could have been built.
This guy wasted tens of thousands of dollars because he doesn't know anything about home building. These are the up charges of not knowing locals. 10k for 4 property corners????? They saw him coming from miles away
YES!!! It’s the “little” stuff we don’t get a lot of times. The land study and clearing of the land, even soil testing and finding/digging a well!! Even the cost of moving the container to the site and equipment rentals!!! (YES rock is SUPER expensive)I wanna know the costs down to the screws, site Gatorade, and all those lil fees and bribes!! (jk….) This is an AMAZINGLY informative and really entertaining too!! This answers ALL the little questions I had!! *NEW SUB* for sure!!! Y’all do anything on the east coast?! Lol!! Y’all would make a *killing* building a few of these in the Grand Strand SC area and *ONLY* keep them for locals and as list some as “affordable housing”. Let the touristas and “newbies” keep their $472,000 900sq ft 2br/1ba homes on less than a 1/4 acre lot with scary HOAs… (real home for sale here) I’ll take one of these beautiful container homes, in the middle of the woods, away from all the noise and HOAs.
Pro tip: If you want a modern/custom home, just buy a prefab modular home from an independent builder. It will be a much more sound and solid structure for a much better cost.
the cost of this build is insane, im glad he posted this and i will never bother going this route, the house i could build for this much would be epic lol, he got rolled on the price of his containers too, def contact a pre fab company over this path. its over 800k in aud, i could build a 3 storey 6 bed 6 bath 4 car garage with a heated pool lol
@@Big_Red_Wade any time I see some BS post about container homes, I get upset. Like how can anyone think, living in a 9*18 metal box is a good idea? And people think they are saving the environment, money and time doing that shite. Because some crackhead on social media made a video for likes and clicks.
Finding the land for a prefab/modular is the problem though. Which in some cases can be pretty costly. Originally, I wanted to go that route too. But just couldn’t find suitable land at a decent price. So I ended up buying a small old house instead that been recently renovated.
I have been planning and designing to build my own container home for several years but land cost and construction costs have made me pull back. Love what you did here.
Land cost is extremely cheap. You can find multiple acres of land in a nice area for only 5000 or $10,000. Max construction cost should be zero you should be able to build all of this yourself and you shouldn’t expect to build some super mega mansion, or else you will work for the rest of your life or you’ll never be able to afford something like this to begin with. You can build a small cabin and have everything run on solar get much cheaper water collection system land everything included for under $50,000 and even that is quite expensive. This guy basically build a mansion and it’s not representative of a cheap off grid living situation. This is representative of daddy’s money, rich boy that wants to live in the woods and pretend he’s a hippy.
@Zachary Brand look anywhere like 20 or 30 minutes away from a decent-sized city in almost any state even in Los Angeles. If I can't walk around barenaked on my property then the property sucks. I want 0 neighbors within a 1 mile radius at least, this type of land is generally very cheap and you still have all of the amenities of any other property that's stuck in a high population sht hole. I absolutely love the fact that most people think that unless you spend like 200 Grand you can't build a house on your own land, not knowing that you could build a super high-end beautiful house with only $50,000, land included.
@@ZxAMobile Not in my location. You can get 1-2 acres for about 15- 20k. Central NY area. 50k for materials, land, and building a house? Not so sure about that. If you're digging wells, septic, electrical, etc. You'll need to rent equipment like this guy did. You're already way over 50k. Maybe in bumfuck nowhere you can pick up that amount of land for 5-10k but I doubt it.
@@zacharybrand6077Exactly! Where I live, 500Gs is lovely because the average family home goes for 800Gs to 1.2M... and it's because of the land, nothing to do with the shack.
I have been binge watching Containables and was wondering about resale and appreciation and really thinking about selling my current home to move to a smaller container home. THIS VIDEO WAS AWESOME and that home is absolutely stunning -- thank you so much!!
Containers don't make a house cheaper. They will actually make your home more expensive, and are only really good for stacking or hanging out like this build. Just build a small modern looking house from timber. Make the roof 2.7 metres high and it'll feel grand whilst still being small
@@ToOpen6seven no problems at all. An alternative to normal containers is refrigerated containers. Different design that makes it less work to cut out holes for windows, and they are heavily insulated. Just have to pull the fridge unit out (buy a non working one) and replace that wall. They make a lot more economic sense provided you don't re-clad the outside.
So I do that exact work for my local power company. We just did a job similar to that (longer distance but not in pipe, it was direct burial so cheaper) and the material cost to the customer was about $12k mainly being the transformer and primary cable. I didn’t see what the company bills for labor but they definitely over charge. We have a similar job coming up and they billed three 8 hour days just to dig the trench.
The home is STUNNING! I love the color choices both inside and outside... The design is incredible, So open and inviting... You did an Amazing job on this home! I have to say that I am thoroughly shocked at the high prices for permits, etc.... I live in Washington State and I love it here but they sure don't make it easy or affordable for us when it comes to building.... Well Done Young Man, This home is STUNNING 🤩
When I get ready to build my home I hope I’m able to pick your brain because you have inspired me so much you have no idea I just like to thank you for this video and your time and your effort because I greatly appreciate it
The cost of that $27000 box (transformer) is in engineering, copper, safety controls (it's high voltage) and likely installation. Just as you identified, equipment to install the units costs money too. On the infrastructure side, these transformers regularly exceed $200,000.
@@collinfranks Is it an equivalent situation? In what state? When? How long was the conduit run to the transformer, and what size transformer was it? There are a tooooonnnn of factors at play here. In California, I've seen a 200ft 3" tandem feed to a 25kVa pad-mount reach well into $30k.
Not in engineering really. I suspect this place is secluded, most of the cost is boring through private property which will need private locates, bore rig labor of some maybe 500 feet run and underground wire pull. Had there been an overhead pole line by his property it could've been free after rev credit
Can we talk about how families used to build houses from Sears catalogs but because of bureaucracy, this house was $40k without a single nail being driven.
Yes and no, still had to get the permit shot back then, and all the bureaucracy means we don't get houses randomly collapsing on people in 30 years. Should he a lot cheaper tho.
@@marcusborderlands6177 Yeah because all of those houses that are over 100 years old are collapsing left and right... oh wait, they aren't. Pull your head out.
@@marcusborderlands6177 They have convinced dummies like you that they are there to help you, the government is rarely there to help you. With your logic the empire state building must have fallen down decades ago... oh wait that didnt happen either.
Thank you. I live here in Washington and bought property last year. With the same idea as a short-term rental. I'm in the planning phase of what I can put on the property I bought and what I want to offer to renters. This information is very helpful
mad props for taking the time to do the cost counting properly man. first time watching your channel, really like how you put the vid together so clearly. dope house man.
as a person from vancouver the first thought i had about the price was "thats really cheap" not actually considering how much half a mill is, but just how bad housing prices are here. if this house was made in vancouver, i guarantee it would be at least 5mill total in CAD
I really enjoyed the video! 1. you are a likable guy 2. your presentation was very complete and honest. 3. No fluff 4. While a bit on the fast side a person can run it again if needed. Ninja is completely correct... EXCELLENT JOB. And yes, Washington is a bit pissy even in the country. I am from Seattle.
I dig the cost breakdown, that’s a massive leap ahead of what most others do. But what on earth do I have to do for a living to get a loan for $700k to achieve such an awesome build.
As someone who has worked in construction and a certified HVAC technician. You got ripped off on everything man ... They really did a number on you. How many mini splits total did you have? That's too crazy.
To be fair this is a very nice container home that he is also using as an air bnb so not only will he have the estimated 250k profit from this home but he will in addition have all the revenue generated from the air bnb itself (could be up too 15k a year)
I like that you brought up having to make the Conex (the name for these containers when they aren't being shipped to anyone that wasn't aware) structurally sound. As someone that was a industrial welder for structures that was the most important thing I heard.
Wow! thank you for all the numbers and information! It's incredible how much costs to build something like TPB. Nice work, right now looks INCREDIBLE! I would love to have a home like that! Greetings from Spain!! 👋
Genuine question on the deck: you stated that timber is better than cedar. Cedar as a deck has a 15-20 life expectancy, has a natural resistance to rot, decay, and termites/bugs. Timber has a life expectancy of 10-15 years, is prone to splintering/splitting and needs annual upkeep of being refinished to not rot/decay etc. who lied to you? Or was there something I missed on that?
This was a great breakdown and earned you a subscriber because most cost breakdowns are done this thorough! Also, very eye opening to see how many hoops you jump through in comparison to where I currently live (a state directly east of you)!
Currently building a 5 Container Vacation home on remote Island in The Bahamas that's gonna clock in about 2X the costs of this build. Unfortunately all the logistics nightmares and challenges for having to barge in everything coupled with post Pandemic and Supply Chain inflationary pressures it's been a real rollercoaster ride that will be well worth the final product in the end...
Brilliant breakdown! Thanks for taking the time to do that. That was significantly more than I was expecting it to be, but I guess you did go super flashy on the build. It looks fantastic!
A cool follow up video would be how many rentals of the house will you need before you begin making a profit on the home, including cost of running/upkeep of the home. It could be averages since it’s hard to predict the future, but that would be the next video I would like to see.
Great video breakdown, thanks for being transparent with your audience. Love the modern finishes you did with the home, and to end it all with 200k in equity! Great job!
That transformer and associated work seems pretty on par. I used to do electric utility design for new builds like this and there is a hell of a lot of engineering that goes into something like that if you're the only service off that transformer. If there happened to be an existing xfrmr nearby that could drop to your service, it probably would've been between 40-60% less expensive. Cool ass build
nope ridiculously overpriced. few hundred feet of cable? and a transformer box? cost them around 3-5k$ and they charge 15-20k for it. your off your damn rocker
@@TheJomoe1 "cost them around $3-5k" It is a public utility so they make no profit. I work for a similar public utility in the area doing new service connects and this is a little high but not uncommon. A few years ago it was a lot cheaper but the material shortage has caused the prices to fluctuate and significantly increase. So if you have bad timing it can be really bad and that's if you can even get the materials. You aren't getting a pad mount transformer with all the necessary materials for less than $6-7k now. Overhead is still somewhat reasonable. Underground wire in conduit is $7/ft and I don't see the road so it's probably at least 500' so that's $3,500. If it was more than 500'-1000' they would have to install vaults at $3-4k each plus the additional footage. The cutout at the pole, brackets, riser, conduit, taps, probably cost another $1-2k. And they probably have a new service connection few that is used for upgrading the substations when the new services cause them to fill up so say $2k. Meter base and meter $1500k installed right now. If you add in the cost of the dirt work that's at least $2-3k(just guessing). So that is $14k-23k. My math might be a little off but you get the idea.
Cool for the transparency, very enlightening. it is amazing how much location factors into home building. Here in "rural undesirable america", that same build would cost me probably 1/3 of the cost minus all the promo items. Location really is everything
You did get taken for on the HVAC side of things. I am an HVAC guy in Snohomish County, that install should have been $14,000 - 17,500 depending on exact specs of the indoor units.
It was an exceptional well done job. To be honest, you need new crew members for almost everything! I work in construction and almost all of them charged wayyyyyyy tooooooo much!! Real talk
Super late on this one but I loved the video and there's a bunch of useful information. But you asked about the transformer and why it was so expensive. I used to work for a transformer manufacturer and the short answer is its filled with magnetic steel and thick coils of solid copper. The majority of the weight of that transformer is copper and magnetic steel and there's A LOT of it. So I know its pricey but based on the size of that unit you were not ripped off if that helps at all :)
I'm not knocking you at all when I say this but as a WA native it is absolutely mental to me that people will pay $550 a night to stay in Sultan. Although that being said I live out in Island county and the amount of tourism post-covid has skyrocketed. More power to you man, looks like you have had no problem keeping it booked up.
Great job devin! Thank you so much for your transparency. Your drive and determination through all the unknowns have been inspiring! Looking forward to chatting w you as I build the portlandiaframe this year! Looks like I just found my builder this week!
Great container home. One of the best ive seen. Its a shame that it cost so much. Youre not alone in this pain. If it was before covid it probably would have been half the price
What about water collection - from the roof. Did you look into that? And was solar energy impracticable? It's a stunningly beautiful house. You and your designers did a super good job!! Thanks for doing the financial breakdown and bringing us along on the complete trip!!!!
@@devonloerop I understand that now it is superfluous, but was there any consideration before the well was drilled. It seems that there could have been a monitory savings there. Rain is free and Washington is pretty rainy.
really cool build, only problem i see with it is if you look above you at 12:15 the ribbing from the steel container, if you guys didnt treat the interior gap side of the walls, or seal them, eventually youll get rot / mold in all the walls if you did not seal them because of humidity / steam getting in from the showers. Other than that I love it lol
As much as I like watching this type of stuff , it does get me depressed over the absurd cost it take to have all this done mind you he did most of this himself. I feel bad for the average person who will never know what home ownership or building a home is. I say this as someone who is building a simple house.
I’m one of those people who will never know. I live in constant fear of homelessness. I don’t own many things and the things I own are always packed away just in case I can’t afford to renew my lease and I have to be homeless. It would take me more than the rest of my lifetime to save up even half this much money. I pray to God for enough overhead to buy a $30,000 RV to live in and finally be rid of the fear of homelessness. I’ve been homeless 6 times, but not for very long each time. Being a man and homeless is about the worst thing that can happen to you in the western world and I’ve been living in fear of it for almost 20 years. Every day is a fight. I can’t even enjoy my Zelda games because I’m in such fear and anxiety ALL THE TIME. that fear is my normal state. I don’t know what it’s like to not be afraid.
The box doesn't cost 27,000. The equipment and labor cost 27,000. They had to shut down part of the existing system to tie you in, then run a directional bore (this is lots of $$$) from that tie in all the way to your site. as well as any excavation to run conduit or 'stub ups' into the concrete pad.
Beautiful . . . I love repurposing materials (shipping containers, etc.) that otherwise would have had a single use. You've taken these containers and created a wonderful home or getaway for someone to enjoy.
In what world are shipping containers single use? Are you one of those people who sees clickbait videos of people repurposing wooden pallets who doesn't realize those are also used up beyond belief in real life? Everything I've had shipped to me on a pallet was unusable for anything but scrap because they put it through the ringer. Which is fine, because that means it's getting used!
Thank you for doing this! I’ve been exploring this option here in Florida, but finding contractors is almost impossible due to the boom in housing construction and the recent hurricanes.
finding contractors is easy, always has been always will be, Finding TRUSTWORTHY ones is the hard part. Finding ones who wont take you for half a million on a 1/4 million cost build.
We build here in florida . I have looked at options for this type of home here, and doing CBS comes out cheaper to build by sq ft than doing this newer builds . They definitely look nice, tho
Dude most things in your video are half of what it costs here in California… I paid $68,000 for permits and waited 9 months for approval… even the materials are higher I think suppliers price gouge based on zip code of the delivery. Because your window package was so cheap for those large modern windows!
Hey Devon! First time viewer here. Thanks for sharing the break down. I'm currently going to school for Architecture (have 1 year left) Did you hire an architect at all or design 'The Pacific Bin' yourself? I love the money shot you have on the Airbnb listing. :) Also just subbed. I love the passion you have in everything you do man! Keep up the awesome work.
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Hey Devon, you mentioned a couple times throughout the video that you were going for a Scandinavian inspired design and use several wood finishings throughout the house. Have you heard of a company called Alpine Lights? They make lights that I think would compliment the house extremely well.
@@Young937phoenix probably not only parents but he obviously not disclosing any lenders not all game is actually game this more of a display of his process more than game
Dam, everything in the states is so expensive. that’s like a 2000% roi for every work a constructor does . Also that’s the perfect spot to get killed or kill someone
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When TH-camrs often say “I’ll give you a cost breakdown” it’s usually followed by some fluff and it doesn’t include the smaller charges. Your video is the golden standard of breaking down costs while building a home. Excellent job!
For the price invested he should have a massive, Million+ in equity house. But instead hes stuck with a shipping container house, meant to be low cost.. for half a million... Gold standard it is not.
"The average cost to build a shipping container home is around $10,000 to $35,000, while larger homes can cost up to $175,000. "
@@crisnmaryfam7344 I’m not arguing on the equity , I’m saying the actual breakdown of charges is more accurate than other TH-camrs, but thank you for the insight !
When do you expect building costs to come down?
And most youtubers always exclude some of their major costs due to sponsorships. Which is annoying
There's something wrong in the world when it costs $10K to have a couple guys mark off your property for a couple hours but it also costs $10K for complete engineering and structural plans. Like the latter is way much more work and takes way more skill and time.
That's the useless government for you
You get what you vote for. Keep voting for big government and they'll tax everything you need or do
@@elongatedshrew5902 its been this way regardless of either party. We have a SHIT government and party system.
It's a shit state.
@@zachbear1992 Then what are you gonna do about it ?
My wife and i stayed here and it was genuinely nice and didnt skimp in any locations. Felt like a very welcoming and enjoyable space. Mad jealous its not our house. Well done and appreciated the opportunity to stay here 👍
My brother and I are doing this but, we are already tiny home builders. We’re almost certain we can do almost the same thing for about half that cost. Probably less, because I think he got screwed by every single contractor he talked to. Glad to hear you think it was awesome because reviews like this make it more worth my time in my head. So thanks for coming to share your info.
Moooist..er... Oyyyyy...Sturr. Say that nice and slow 5 times in a row.
Makes you feel like a million bucks.
@@StevenCudnoch-oo9gp WHAAAAT???
@@MarthLuna-wq3ny read the commentators name. Moisture Oyster, pronounce it the way I wrote the name in the previous comment
@@StevenCudnoch-oo9gpdumb.
Step by step breakdown of how an affordable container home can be made just as expensive as a regular home.
exactly....thought/hoped a nice container home could be more affordable....$750K....whatever...🤣
yeah if you dont use it as the box you're supposed to use it as@@peagee4518
Container homes are NOT more affordable. Containers simply weren't intended to be lived in. The container's structural integrity depends on the corrugated metal walls, so the moment you start cutting holes in them, you ruin that. So you have to reinforce. Plus you have to account for insulation, pipes, electrical, etc. so you don't have near as much space inside as you think you do. And even after all is said and done, you're living in a metal container that was not intended to be lived in--it's gonna rust. Not an if, it's a when, and how bad. And as if all that weren't enough, because it's all metal, you can't easily remodel.
You're in all ways better off building from scratch using normal construction materials. You're not saving money by buying shipping containers, and you're not helping the environment. Those things get recycled when they're decommissioned anyway. That's a lot of metal--it's not like they're just gonna get thrown into a heap somewhere and forgotten about. And being professionally recycled in a facility designed to handle that sort of thing is way more efficient than some guy trying to turn it into a shanty home.
@@peagee4518 you just saved me a TON of time...
Unless you build it in a more urban area where water, , electricity, etc.. are already there.
$542,451.92. Saved y'all 18 minutes.
ty i wasnt watchin allat
Thanks chief.
Thanks, cap 🫡
Thanks for saving me time.
I was interested until I realized this is unaffordable
Spoiler alert
As a contractor In South Florida I can tell you the window lead times are averaging nearly 6 months. It's insane. Construction costs post Covid are astronomical, now is definitely not the time to custom build unless your independantly wealthy and have money to burn.
Probably good for you because the people who are custom building near the Miami area definitely have some money to play with.
Very useful input. It certainly seems that you can get more square footage of real estate in the same place by buying, rather than building. Even if your construction budget is as tight as possible and your purchasing behavior is quite lax.
If you build out everything yourself, you can save a ton of money. If your not on a tight time frame and are willing and eager to learn, you can teach yourself every trade saving yourself a ton of money on contracting costs. I’ve seen it done that way many many times. But either way, the only way to bring costs back down is if people stop building and buying for awhile
@@Itsreallymarcus and generally I would agree, the problem is not doing the work oneself. It's paying the individual trades i.e., hvac, plumbing, electrical to pull permits. Even if you do the bulk of the work yourself they still rape you on the permit cost.
@@Itsreallymarcus we’re talking about a guy who spent 31k on nuts and bolts + a Milwaukee tool set.
As a project accountant at a construction company, I can honestly say he got rolled on some of these prices. But kudos for the honesty!
Rolled is an understatement, BUT, if you’re not willing to sweat, you 💰
Seriously badly. Geez.
Just the tools man dude gonna start his own bin house company lmao
Just the tools man dude gonna start his own bin house company lmao
Cost breakdown video that doesn't spend 70% teasing us but breaks down the cost from start to finish. I salute you sir. Well done. This home is STUNNING
Thank you for this honest video for its transparency on price, as it's tiring to see projects that cost $100,000 but actually cost much more, especially when considering building a home
5:20
700k for the cost of a home is why people in America (especially the West Coast) are homeless! ❤🎉
Honestly this was a breath of fresh air. I hear so many people missing costs and forgetting all the details, but you seem to have calculated it all. Over in the midwest we are about 1/2-1/4 those costs, but if you buy in an area that is in demand you can make some good money. Did you end up doing a cashout refi to pull your money back out?
I'm gonna be doing a cash out refi most likely. Yeah the best way to make sure I didn't miss costs is just go through ever bank transfer and credit card payment.
@@devonloerop would have taken a while
doing something like that in east TN would be half as much... before covid one third as much
Oh man you’re crazy
It's quite easy to figure out the cost. Just have a number in mind, then double it 😂
That electrical box costs that much because you're also paying for the conduit, the copper wire, and the manpower required to trench/pull/connect/energize your property. Depending on the distance the wire had to cover, you could easily be spending 20k just on a wire spool (also depends on the wire gauge)
wouldnt solar be cheaper? not as consumption friendly for air bnb but i feel like could of went full solar with all the container flat surface space.
@@SilentStudioExplores Even when you're surrounded by large trees?
@@Slamdoxicalz yup a small clearing can help too... dosnt take much really when you have 27$k to spend
I was looking for this comment… even in winter, 20k of solar and you’d be fully off grid. Enough surplus in summer to run a hot tub or something then too.
I work for a power company I won't say who but we charge about 12.50 a kva plus 7 a foot for wire I would say it's probably your distant from the nearest primary power
Designer-turned-building contractor-turned-urban planner here. A few observations, and two questions for Devon.
1. Your site considerations will very greatly from region to region. You won't have to worry about wetlands in some areas, for example, but you may have to worry about windstorm or seismic. And, in many states if you are building outside of city limits your permitting will be much different and often less odious. As another example, the cost Devon mentions for the water well is probably twice what a water well would cost here in Texas: most well drillers charge more like $50 per foot, and we can typically get good water at 120' or less (except on the coast due to brackish water intrusion).
Point being: do your due diligence. Know your local conditions. Figure all that stuff out first before you buy a single nail!
2. Same with permitting and design professionals. For example, the fees for permits that Devon mention are outlandish in most parts of the U.S. So don't think those are representative; they may be less or (God forbid) maybe even more!
3. I like that he talks about some special considerations with shipping containers like what happens if you offset the containers, or cut them. All those cuts have to be reinforced (but in a site-built wood-framed house, doors and window openings have to be reinforced as well). And of course you can avoid the other issue by simply not offsetting or angling the containers.
4. Know your lead times for construction materials too. Time is money, after all. And if you aren't a building contractor and have never done it, by all that is good and holy on God's green earth don't believe the DIY Network shows that make ti seem like self-contracting is so easy. It's absolutely not; you're watching experienced professionals on scripted TV. Hire a reputable contractor.
Now the questions for Devon:
1. What is your cost per square foot for the habitable structure only, with all the site and utility stuff removed?
2. What is the average cost per square foot (habitable structure only) for site-built wood-framed houses in the area? I'm curious to see if there were any cost savings per square foot.
ive been looking all over for something like this. thanks for making me realize this is more money then i thought it would be
This is a freaking beautiful design! I hope you get plenty of rentals to pay off all those building costs, but it all looks like money well spent. You didn’t cut any corners. Nice! Thanks for sharing all the details!
he stated he could sell the house if he wanted to for a 100-200 thousand dollar profit
You killed it!! When u stated "cost breakdown" I thought it would be like others just giving us the "what we want you to know costs" but you actually broke it down for us, thankyou for this, it has given me something to think about for when I decide to build my shipping container home. I whole heartedly believe you will certainly get all the funds back and then some when you put it up for holiday rental. Congratulations on such wonderful job🙏🏾🧡
Yes YES!!! Like I wanna know ALL the little stuff that really ends up adding up quick but we tend to not think about. Fees, fines, tests, even unexpected expenses like the eye Dr appointment cost, and any possible bribes(HA!)… so we could set a “slush/emergency fund” type thing up even though I know there is ALWAYS gonna be costs that pop up. I wanna know it all!!
Hell, $750,000 isn’t really bad for Washington state!! I was expecting over a million east. Nice job. New sub!!!
I cant believe that real wood flooring was only $17k. You got a real good deal on the flooring. The house is beautiful ❤
What a gem! My 16 year old son and I learned so much of how to navigate a dream of how this could be built. Treble Interiors loves what you do.
Container homes are not worth it
I’ve always wondered how much building a home would cost. I love the aesthetic look of homes like this. I could live in that house and never get tired of where it’s located or how beautiful the home is. This is literally all I need to be happy forever 😂
Find contentment in yourself and not material things. Super important for a persons mental sobriety. Everyone is different but once you start to justify the chase for more you’ll justify just about anything in little bits at a time.
@@d1986ben Thanks for the reminder, Each moment is the only of that moment we get, and figuring out how to both work towards a goal, and embrace and enjoy each moment for its own value is hard. And harder for many than for me, so keep moving forward, and keep fighting, with yourself to be happy, and with your life to be what satisfies you.
This is not your average home
Man you and me both. Let’s go halvesies haha
Well do your research this guy got taken hard. they seen him coming with that willful ignorance and the Tesla and taxed him to the moon and back. Total build should be something like 200k, not near triple that.
"I sneezed.. that was $10k.. I needed a Kleenex.. that was an additional $10k" amazing video thank you for sharing!!! The build looks great.
Yea I’d say max the hvac could have been 18000/21000 at the most
Progressivism at work. Pay thousands for stamps on paper while trying to defend other countries building anything and everything without safety standards.
Time to ditch the far-Left and get back to practical living/ building
I mean, are you still in your teenage years? That is literally how life works. Every other day you wake up to large new expenses you never saw coming. Or did you think that you can just pay for X and that's that.
@@Davisrullzs least obvious bait
I love that you gave an honest breakdown of costs. So many people are floored at why things cost so much; everything adds up, and there are always unexpected costs. It's a beautiful, high-end build that will have a great ROI.
lol. if he sells this building is going to be a liability not an asset.
700k for the cost of a home is why people in America (especially the West Coast) are homeless! ❤🎉
That was insane! Lol, I don't know how you have energy to build, document and edit all of that but it's super impressive! Definitely best construction and cost break down I've ever seen! Well done
FAKE COMMENT LOOL
@@AB-hu2uw Why would it be fake? Tbh most youtubers never make such comprehensive cost breakdown even if they say "the most comprehensive breakdown", they still miss half the shit they paid for and don't mention things they got for free from sponsorships. but here, not only he mentions literally everything , even the most mundane shit, but also says what he got for free and that it would cost more without sponsorships
I know that with getting the power out there a lot of the cost is running the lines to the location if it's "off the grid" then it's going to be significantly more expensive. Just want to say thank you so much though. This is the best full cost of assembly/construction video that I have ever watched on youtube. It's truly a massive help to anyone considering a similar project. I can't say thank you enough times, you did an amazing job.
If someone pays a million dollars for a “Bin House” I’ll be shocked. Especially comparing what else you can buy for a million
Yeah people like him are 100% delusional. Entire world took a crazy pill it seems during corona. 1 million for a shipping container home, no thanks.
In so cal this would be worth 1.6 million easily lol depending on there area
Not up to date on your real estate I see…
It’s a matter of spending on what makes you happy
Don't like the kitchen at all. Black cabinetry and small windows just makes it too dark compared with the other rooms.
I just love what the home looks like, the matte black with seemingly orange wood and touch makes it look so futuristic, yet so homey and comfortable. Definitely something I would build for myself.
Really appreciate the thoroughness and transparency in this video. Very helpful for those deciding if they want to take something like this on.
This was the best container home i have ever seen!! Everything was so well done.
This looks incredible. Some people are focusing on the fact that they wouldn’t want to stay in a shipping container house. But honestly, the shipping containers were just the base design. You’re not just buying shipping containers. You’re buying a really nice house. The containers are just essentially a gimmick as there is just as much work as building a house and it looks amazing.
still is a fking container
@miguelcorreia6357I 'd rather have my house shell based around metal over wood but that's just me
Duh!
The price is the focus because he got bent over!
Yeah, wait until a year passes and he starts to realize why the industry stopped making these.
Mold problems being the biggest issue that will crop up quickly.
for 800k he could have built a home 10 times this size, loaded with futuristic features, and charged way more than a million.
Not a great investment.
this video is by far the best I have ever seen. detailed out. the work that goes into it. great job !!!
Really great breakdown, super transparent. Can't believe you were almost 200k in by the time the foundation was poured, costs are crazy these days!
No they’re not. They are crazy if you’re an idiot like this guy and you have no idea how to do anything yourself and have to hire out people for every single aspect of your build. This guy didn’t need a two floor house. He could’ve made something super simple himself for 10% of the cost, this house is grossly large/expensive/complicated for 0 reason.
Wow that was much higher than what I thought it would be. I don't doubt the market value, but I'm having a hard time imagining a buyer that will pay that amount for a container home, which tends to attract more frugal buyers in the first place. I know the pandemic had a major impact on construction, but I feel a similar sized log cabin could have been built.
For the same price you can get a massive home in texas.
@@ForgotMyDemonName living in Texas is a downside? Hell nahhhh. Best place in the country
@@NautTheCreator you could get mansion for a half mil in Missouri
@@oscaralmazan6777 definitely up there.
This guy wasted tens of thousands of dollars because he doesn't know anything about home building. These are the up charges of not knowing locals. 10k for 4 property corners????? They saw him coming from miles away
YES!!! It’s the “little” stuff we don’t get a lot of times. The land study and clearing of the land, even soil testing and finding/digging a well!! Even the cost of moving the container to the site and equipment rentals!!! (YES rock is SUPER expensive)I wanna know the costs down to the screws, site Gatorade, and all those lil fees and bribes!! (jk….)
This is an AMAZINGLY informative and really entertaining too!! This answers ALL the little questions I had!! *NEW SUB* for sure!!!
Y’all do anything on the east coast?! Lol!!
Y’all would make a *killing* building a few of these in the Grand Strand SC area and *ONLY* keep them for locals and as list some as “affordable housing”. Let the touristas and “newbies” keep their $472,000 900sq ft 2br/1ba homes on less than a 1/4 acre lot with scary HOAs… (real home for sale here)
I’ll take one of these beautiful container homes, in the middle of the woods, away from all the noise and HOAs.
Surprisingly affordable for what it is. I appreciate the thorough breakdown on cost.
Pro tip: If you want a modern/custom home, just buy a prefab modular home from an independent builder. It will be a much more sound and solid structure for a much better cost.
Can I make youtube content off of that?
@@MichealDraven just build a small regular home bro.
You can make a video doing it, I will watch it.
Anything that is prefab can be limiting.
the cost of this build is insane, im glad he posted this and i will never bother going this route, the house i could build for this much would be epic lol, he got rolled on the price of his containers too, def contact a pre fab company over this path. its over 800k in aud, i could build a 3 storey 6 bed 6 bath 4 car garage with a heated pool lol
@@Big_Red_Wade any time I see some BS post about container homes, I get upset.
Like how can anyone think, living in a 9*18 metal box is a good idea?
And people think they are saving the environment, money and time doing that shite. Because some crackhead on social media made a video for likes and clicks.
Finding the land for a prefab/modular is the problem though. Which in some cases can be pretty costly. Originally, I wanted to go that route too. But just couldn’t find suitable land at a decent price. So I ended up buying a small old house instead that been recently renovated.
I have been planning and designing to build my own container home for several years but land cost and construction costs have made me pull back. Love what you did here.
Land cost is extremely cheap. You can find multiple acres of land in a nice area for only 5000 or $10,000. Max construction cost should be zero you should be able to build all of this yourself and you shouldn’t expect to build some super mega mansion, or else you will work for the rest of your life or you’ll never be able to afford something like this to begin with.
You can build a small cabin and have everything run on solar get much cheaper water collection system land everything included for under $50,000 and even that is quite expensive. This guy basically build a mansion and it’s not representative of a cheap off grid living situation. This is representative of daddy’s money, rich boy that wants to live in the woods and pretend he’s a hippy.
@@ZxAMobile 5-10k for multiple acres? Where the hell are you looking at?
@Zachary Brand look anywhere like 20 or 30 minutes away from a decent-sized city in almost any state even in Los Angeles. If I can't walk around barenaked on my property then the property sucks.
I want 0 neighbors within a 1 mile radius at least, this type of land is generally very cheap and you still have all of the amenities of any other property that's stuck in a high population sht hole.
I absolutely love the fact that most people think that unless you spend like 200 Grand you can't build a house on your own land, not knowing that you could build a super high-end beautiful house with only $50,000, land included.
@@ZxAMobile Not in my location. You can get 1-2 acres for about 15- 20k. Central NY area. 50k for materials, land, and building a house? Not so sure about that. If you're digging wells, septic, electrical, etc. You'll need to rent equipment like this guy did. You're already way over 50k. Maybe in bumfuck nowhere you can pick up that amount of land for 5-10k but I doubt it.
@@zacharybrand6077Exactly!
Where I live, 500Gs is lovely because the average family home goes for 800Gs to 1.2M... and it's because of the land, nothing to do with the shack.
I have been binge watching Containables and was wondering about resale and appreciation and really thinking about selling my current home to move to a smaller container home. THIS VIDEO WAS AWESOME and that home is absolutely stunning -- thank you so much!!
Containers don't make a house cheaper. They will actually make your home more expensive, and are only really good for stacking or hanging out like this build.
Just build a small modern looking house from timber. Make the roof 2.7 metres high and it'll feel grand whilst still being small
@@chrispekel5709 Thank you for your advice 🙂
@@ToOpen6seven no problems at all. An alternative to normal containers is refrigerated containers. Different design that makes it less work to cut out holes for windows, and they are heavily insulated. Just have to pull the fridge unit out (buy a non working one) and replace that wall.
They make a lot more economic sense provided you don't re-clad the outside.
Really cool build!! Question would it have been cheaper to build a proper house instead of a shipping container home to that spec?
$702,451, you are completely out of mind guys... 😂
in finland u can do the exactly same house for 100k xD
You can do that in a paradise in the bahamas for 50k or less. Canada is getting just as insanely expensive.
Just depends on where you do it
@@MarioStingerPerpetualTravellerno.you can't 😂 google it.
When he said he spent $30k in tools.... WTH, is he planning on building 5 more of those?!
So I do that exact work for my local power company. We just did a job similar to that (longer distance but not in pipe, it was direct burial so cheaper) and the material cost to the customer was about $12k mainly being the transformer and primary cable. I didn’t see what the company bills for labor but they definitely over charge. We have a similar job coming up and they billed three 8 hour days just to dig the trench.
The home is STUNNING! I love the color choices both inside and outside... The design is incredible, So open and inviting... You did an Amazing job on this home! I have to say that I am thoroughly shocked at the high prices for permits, etc.... I live in Washington State and I love it here but they sure don't make it easy or affordable for us when it comes to building.... Well Done Young Man, This home is STUNNING 🤩
Washington doesn’t make it easy or affordable to do anything, that’s why I left.
When I get ready to build my home I hope I’m able to pick your brain because you have inspired me so much you have no idea I just like to thank you for this video and your time and your effort because I greatly appreciate it
I do offer consulting if you're interested. email info@thepacificbin.com for more info
Incredible build. I love contemporary design. The total cost isn't bad for the no maintenance high quality home you ended up with.
*less maintenance.
Humans haven't created a single thing that doesn't require maintenance for it to work long term
The cost of that $27000 box (transformer) is in engineering, copper, safety controls (it's high voltage) and likely installation. Just as you identified, equipment to install the units costs money too.
On the infrastructure side, these transformers regularly exceed $200,000.
I paid 4000….
@@collinfranks Is it an equivalent situation? In what state? When? How long was the conduit run to the transformer, and what size transformer was it? There are a tooooonnnn of factors at play here. In California, I've seen a 200ft 3" tandem feed to a 25kVa pad-mount reach well into $30k.
Not in engineering really. I suspect this place is secluded, most of the cost is boring through private property which will need private locates, bore rig labor of some maybe 500 feet run and underground wire pull. Had there been an overhead pole line by his property it could've been free after rev credit
Can we talk about how families used to build houses from Sears catalogs but because of bureaucracy, this house was $40k without a single nail being driven.
Poverty is a crime when government is this out of control.
Yes and no, still had to get the permit shot back then, and all the bureaucracy means we don't get houses randomly collapsing on people in 30 years. Should he a lot cheaper tho.
LOL and how many of those houses are standing and safe now?
@@marcusborderlands6177 Yeah because all of those houses that are over 100 years old are collapsing left and right... oh wait, they aren't. Pull your head out.
@@marcusborderlands6177 They have convinced dummies like you that they are there to help you, the government is rarely there to help you. With your logic the empire state building must have fallen down decades ago... oh wait that didnt happen either.
Even counted the eye doctor appointment costs 😂 you've done a brilliant job!
Thank you. I live here in Washington and bought property last year. With the same idea as a short-term rental. I'm in the planning phase of what I can put on the property I bought and what I want to offer to renters. This information is very helpful
I wouldn't do it like this dude did. You'll be broke. For a rental property 😅
mad props for taking the time to do the cost counting properly man. first time watching your channel, really like how you put the vid together so clearly. dope house man.
as a person from vancouver the first thought i had about the price was "thats really cheap" not actually considering how much half a mill is, but just how bad housing prices are here. if this house was made in vancouver, i guarantee it would be at least 5mill total in CAD
I really enjoyed the video! 1. you are a likable guy 2. your presentation was very complete and honest. 3. No fluff 4. While a bit on the fast side a person can run it again if needed. Ninja is completely correct... EXCELLENT JOB. And yes, Washington is a bit pissy even in the country. I am from Seattle.
This whole process was absolutely insane to watch!!! Honestly congrats to you, that's a lot of hard work and money!
Love it! Killing it man
eyo
I probably get this video in my recommended because of your comment lmao
bros bout to build one
Danny = best TH-camr
containers are not smart places to live in no matter how much insolation or material
I dig the cost breakdown, that’s a massive leap ahead of what most others do.
But what on earth do I have to do for a living to get a loan for $700k to achieve such an awesome build.
And only be like 20 years old. 😂
if you and spouse both make 100k , you can get the loan, but you wont have the time off to build the house lol
Probably rich daddy
As someone who has worked in construction and a certified HVAC technician.
You got ripped off on everything man ...
They really did a number on you.
How many mini splits total did you have? That's too crazy.
Anything bespoke like this will get you ripped off unless you already know how to cut the corners. You live and learn.
Me Deus! Never would have expected a container home to cost that much. Congratulations on finishing the project. Hope all your effort pays off.
To be fair this is a very nice container home that he is also using as an air bnb so not only will he have the estimated 250k profit from this home but he will in addition have all the revenue generated from the air bnb itself (could be up too 15k a year)
Was NOT disappointed. Wow. Editing. Price breakdown. Views. Everything. On point!
Wow, you did an amazing shipping (no cheap) container home. Great job.
I like that you brought up having to make the Conex (the name for these containers when they aren't being shipped to anyone that wasn't aware) structurally sound. As someone that was a industrial welder for structures that was the most important thing I heard.
Love the attention to detail and thorough explanation of costs in this video. The Bin looks sick, dude!! Great stuff!
Looks like you built a beautiful home! Congrats!
Wow! thank you for all the numbers and information!
It's incredible how much costs to build something like TPB.
Nice work, right now looks INCREDIBLE! I would love to have a home like that!
Greetings from Spain!! 👋
Genuine question on the deck: you stated that timber is better than cedar. Cedar as a deck has a 15-20 life expectancy, has a natural resistance to rot, decay, and termites/bugs. Timber has a life expectancy of 10-15 years, is prone to splintering/splitting and needs annual upkeep of being refinished to not rot/decay etc. who lied to you? Or was there something I missed on that?
You didn’t miss anything. He’s hyping himself up bc he got ripped off so bad.
This was a great breakdown and earned you a subscriber because most cost breakdowns are done this thorough! Also, very eye opening to see how many hoops you jump through in comparison to where I currently live (a state directly east of you)!
Currently building a 5 Container Vacation home on remote Island in The Bahamas that's gonna clock in about 2X the costs of this build. Unfortunately all the logistics nightmares and challenges for having to barge in everything coupled with post Pandemic and Supply Chain inflationary pressures it's been a real rollercoaster ride that will be well worth the final product in the end...
link ur proof please.i want to believe you.
Brilliant breakdown! Thanks for taking the time to do that. That was significantly more than I was expecting it to be, but I guess you did go super flashy on the build. It looks fantastic!
A cool follow up video would be how many rentals of the house will you need before you begin making a profit on the home, including cost of running/upkeep of the home. It could be averages since it’s hard to predict the future, but that would be the next video I would like to see.
I have that exact video planned for the end of the year :) been tracking every expense and income source to the penny.
Awesome! Can’t wait to see
Great video breakdown, thanks for being transparent with your audience. Love the modern finishes you did with the home, and to end it all with 200k in equity! Great job!
Thanks! I feel really good about it! So stoked with how the bin turned out. :)
That transformer and associated work seems pretty on par. I used to do electric utility design for new builds like this and there is a hell of a lot of engineering that goes into something like that if you're the only service off that transformer. If there happened to be an existing xfrmr nearby that could drop to your service, it probably would've been between 40-60% less expensive.
Cool ass build
nope ridiculously overpriced. few hundred feet of cable? and a transformer box? cost them around 3-5k$ and they charge 15-20k for it. your off your damn rocker
@@TheJomoe1 "cost them around $3-5k" It is a public utility so they make no profit. I work for a similar public utility in the area doing new service connects and this is a little high but not uncommon. A few years ago it was a lot cheaper but the material shortage has caused the prices to fluctuate and significantly increase. So if you have bad timing it can be really bad and that's if you can even get the materials. You aren't getting a pad mount transformer with all the necessary materials for less than $6-7k now. Overhead is still somewhat reasonable. Underground wire in conduit is $7/ft and I don't see the road so it's probably at least 500' so that's $3,500. If it was more than 500'-1000' they would have to install vaults at $3-4k each plus the additional footage. The cutout at the pole, brackets, riser, conduit, taps, probably cost another $1-2k. And they probably have a new service connection few that is used for upgrading the substations when the new services cause them to fill up so say $2k. Meter base and meter $1500k installed right now. If you add in the cost of the dirt work that's at least $2-3k(just guessing). So that is $14k-23k. My math might be a little off but you get the idea.
The amount of dedication is truly impressive, I know this was such a pain lol I hope you make so much off of it
Cool for the transparency, very enlightening. it is amazing how much location factors into home building. Here in "rural undesirable america", that same build would cost me probably 1/3 of the cost minus all the promo items. Location really is everything
You did get taken for on the HVAC side of things. I am an HVAC guy in Snohomish County, that install should have been $14,000 - 17,500 depending on exact specs of the indoor units.
Yup... I kinda figured, well I guess you and I should be chatting once I'm ready for round 2.
He got taken on the whole project lol
It was an exceptional well done job. To be honest, you need new crew members for almost everything! I work in construction and almost all of them charged wayyyyyyy tooooooo much!! Real talk
This is an incredible, very thorough break down of the costs from beginning to end. Thank you so much for sharing.
Sorry but 322 dollars a night to sit in a quiet box 500 feet into the forest. Yikes
Really beautiful home. And very honest presentation of costs, that I certainly appreciated. Sincerely hope your airbnb guests respect it.
Super late on this one but I loved the video and there's a bunch of useful information. But you asked about the transformer and why it was so expensive. I used to work for a transformer manufacturer and the short answer is its filled with magnetic steel and thick coils of solid copper. The majority of the weight of that transformer is copper and magnetic steel and there's A LOT of it. So I know its pricey but based on the size of that unit you were not ripped off if that helps at all :)
thanks for the dope reply
I thought the whole idea behind these were they were supposed to be cheap. You got hosed 😂
Phenomenal! I'd expect this from a builder who's been doing it for 20 years, amazing you accomplished this!
700k for the cost of a home is why people in America (especially the West Coast) are homeless! ❤🎉
@@DontstepOnsnake I'm not talking about the cost, focus focus.
I'm not knocking you at all when I say this but as a WA native it is absolutely mental to me that people will pay $550 a night to stay in Sultan. Although that being said I live out in Island county and the amount of tourism post-covid has skyrocketed. More power to you man, looks like you have had no problem keeping it booked up.
Great job devin! Thank you so much for your transparency. Your drive and determination through all the unknowns have been inspiring! Looking forward to chatting w you as I build the portlandiaframe this year! Looks like I just found my builder this week!
Absolutely, thanks so much for watching! It took a long time to put together. Feel free to shoot me an email if you have any questions. :)
Great container home. One of the best ive seen. Its a shame that it cost so much. Youre not alone in this pain. If it was before covid it probably would have been half the price
I’ve been watching your build from Scotland since you started and it’s been amazing! I can’t wait to see more of what you do!
Wow! All over the world!!
Phenomenal job. Worst case, this video will be gold when you sell this property. A new owner would appreciate the quality and thought you’ve invested.
What about water collection - from the roof. Did you look into that? And was solar energy impracticable? It's a stunningly beautiful house. You and your designers did a super good job!! Thanks for doing the financial breakdown and bringing us along on the complete trip!!!!
No water collection needed with the well!
@@devonloerop I understand that now it is superfluous, but was there any consideration before the well was drilled. It seems that there could have been a monitory savings there. Rain is free and Washington is pretty rainy.
really cool build, only problem i see with it is if you look above you at 12:15 the ribbing from the steel container, if you guys didnt treat the interior gap side of the walls, or seal them, eventually youll get rot / mold in all the walls if you did not seal them because of humidity / steam getting in from the showers. Other than that I love it lol
Thanks for sharing, great job and great info! You'll go far in life with your attitude and work ethic, excited to see your future endeavors!
Thanks so much! I'm really interested to see what the future has in store. Working on kicking off the next build here soon.
Wow you did a AMAZING JOB ON THIS VIDEO EVERYONE SHOULD LIKE IT TWICE
As much as I like watching this type of stuff , it does get me depressed over the absurd cost it take to have all this done mind you he did most of this himself. I feel bad for the average person who will never know what home ownership or building a home is. I say this as someone who is building a simple house.
Good luck i hope i can too someday
He literally barely did any of it himself.. he hired a contractor for every little thing
I’m one of those people who will never know. I live in constant fear of homelessness. I don’t own many things and the things I own are always packed away just in case I can’t afford to renew my lease and I have to be homeless. It would take me more than the rest of my lifetime to save up even half this much money. I pray to God for enough overhead to buy a $30,000 RV to live in and finally be rid of the fear of homelessness. I’ve been homeless 6 times, but not for very long each time. Being a man and homeless is about the worst thing that can happen to you in the western world and I’ve been living in fear of it for almost 20 years. Every day is a fight. I can’t even enjoy my Zelda games because I’m in such fear and anxiety ALL THE TIME. that fear is my normal state. I don’t know what it’s like to not be afraid.
The box doesn't cost 27,000. The equipment and labor cost 27,000. They had to shut down part of the existing system to tie you in, then run a directional bore (this is lots of $$$) from that tie in all the way to your site. as well as any excavation to run conduit or 'stub ups' into the concrete pad.
Pad mount distribution transformers can easily cost over $20,000
Awesome job Devon, really cool to see it finally come together! The final product is absolutely gorgeous. Well done!
Beautiful . . . I love repurposing materials (shipping containers, etc.) that otherwise would have had a single use.
You've taken these containers and created a wonderful home or getaway for someone to enjoy.
In what world are shipping containers single use?
Are you one of those people who sees clickbait videos of people repurposing wooden pallets who doesn't realize those are also used up beyond belief in real life? Everything I've had shipped to me on a pallet was unusable for anything but scrap because they put it through the ringer. Which is fine, because that means it's getting used!
Thank you for doing this! I’ve been exploring this option here in Florida, but finding contractors is almost impossible due to the boom in housing construction and the recent hurricanes.
finding contractors is easy, always has been always will be, Finding TRUSTWORTHY ones is the hard part. Finding ones who wont take you for half a million on a 1/4 million cost build.
We build here in florida . I have looked at options for this type of home here, and doing CBS comes out cheaper to build by sq ft than doing this newer builds . They definitely look nice, tho
To me the most shocking part was how expensive those metal containers are.
Really? Not how he got absolutely raked over the coals by bureaucrats taking over $40k before he could even build?
Dude most things in your video are half of what it costs here in California… I paid $68,000 for permits and waited 9 months for approval… even the materials are higher I think suppliers price gouge based on zip code of the delivery. Because your window package was so cheap for those large modern windows!
God bless you for the large crawl space for the workers.
Hey Devon! First time viewer here. Thanks for sharing the break down. I'm currently going to school for Architecture (have 1 year left) Did you hire an architect at all or design 'The Pacific Bin' yourself? I love the money shot you have on the Airbnb listing. :) Also just subbed. I love the passion you have in everything you do man! Keep up the awesome work.
2:05 😁
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Hey Devon, you mentioned a couple times throughout the video that you were going for a Scandinavian inspired design and use several wood finishings throughout the house. Have you heard of a company called Alpine Lights? They make lights that I think would compliment the house extremely well.
How did you get the funding? Is this your first property?
work hard and save your money.
Saving, investing and a loan. This is my very first, first of many.
Parents!!
@@Young937phoenix probably not only parents but he obviously not disclosing any lenders not all game is actually game this more of a display of his process more than game
@Devon Loerop I'm right behind you man let's go!!!
Dam, everything in the states is so expensive. that’s like a 2000% roi for every work a constructor does . Also that’s the perfect spot to get killed or kill someone
he overpaid for many of the labor costs I believe but that's what you pay here for premium labor.
Amazing breakdown, but does show that container homes are not more economical than a traditional build as well.
In my country for this price you can obtain really big house. And not from the old containers, but from solid materials.
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