New Construction in Santa Rosa Calfornia

[Josh Malgieri]

Hello BP community, I'm curious if anyone has experience with SFR new construction costs in Sonoma County. I'm considering purchasing a lot in Coffee Park, Larkfield or Fountaingrove areas and building a SFR between 1400sf and 2500sf. Perhaps including an attached ADU. The home would be 2 story to save on cost. I have managed about 20 remodels however I don't have experience with new construction. I also have most sub contractors available so labor is not a problem for me. Many of these lots had an existing home that burned in the 2017 fire and have reduced permit fees. Any info from anyone who has built from the ground up would be greatly appreciated. Thanks!

[Justin Windham]

@Josh Malgieri

Welcome to Bigger Pockets!

You'll find plenty of friendly, knowledgeable people willing to respond to your posts. A lot of forum members are experts in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, buy and hold investing, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.

There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/pro

If you haven’t been to it already, the Bigger Pockets blog features links to their fantastic podcast and many great articles: https://www.biggerpockets.com/renewsblog/

The site has quite a few tools that can be helpful for new members. For example, if you are looking to connect with other members near you, want to learn from people in a specific area you’d like to invest in, or have a desire to find people interested in certain topics, you could use the search feature here: https://www.biggerpockets.com/search/users

I really like the alerts feature that can quickly guide you to current topics that may be of interest: http://www.biggerpockets.com/alerts

There are a few self-contained guides that you can access here: https://www.biggerpockets.com/guides

[Josh Malgieri]

@Justin Windham Thanks for the warm welcome as well as the explanation of resources. I'll make sure to check them out.

[Erick Vallejo]

Hey @Josh Malgieri. The average costs per sqft in Coffee Park and Fountaingrove are very different. The market will not support a luxury build in Coffee park, especially with all the new construction in the surrounding areas. But Fountaingrove on the other hand is almost "required" to be more of a high end build because of the quality of that neighborhood. So because of that your numbers are going to be a little off for ballpark estimates. But I do know of a builder here in the area who is very cost effective when it comes to new builds. He may be able to help you with you estimates and deciding which neighborhood to invest in. I'll PM you his info.

[Cheryl Vargas]

Hi Erick

I’m interested in knowing the name and contact info of your builder as well.  PM me too! 

Thank you!

[George Blower]

@Josh Malgieri

Welcome to Bigger Pockets.