All Forum Posts by: Don M.

 Best of luck, Joe!
A lot has happened since starting, between material shortages in SWFL for a while, a massive hurricane, a period of power outage, damages to various parts of the city (and major damages to surrounding cities), high demand in labor/resources, a transformation in permitting systems, and a boom in construction in general.  A lot has calmed down lately, it seems.
I agree that Cape Coral still presents a large potential for upside in the long-term! 

 Yes it is.  I've seen some of these models have been getting completed recently and look nice.

As an aside, plumbing rough, electric rough, and HVAC rough are pending inspection tomorrow.

 This seems like an AI post with blanket statements, given this project has been going on over a year and a half.  Regardless, the market has slowed, but prices remain relatively stable.  The property is on well and septic and utilities extension for my area is twelve years away.

None of cape coral requires solar that I'm aware of, but certainly not this project.

Internal lumber and roof sheathing in.

Tie-beam poured, post city inspection.  Photos from a third party inspector, as required by lender.

 Ouch, sounds like a lot to deal with.  
I have to say, I have been very fortunate with no escalation from the builder I'm with, so far.  There is an escalation clause in my contract, but it hasn't been used.

I hope things get started for you and go smoothly from here!

thanks @Rong Tan



Looks like Hurricane Idalia will miss SWFL, with only minor impacts to that area.  Thoughts go out to everyone further north that is in the path of this coming storm.

Block is up, tie-beam passed with the city, and to be poured next week.  Next trusses and roof dry in.  Block going vertical to tie beam inspection was just about 3 weeks.

Quote from @Neal Coppola:

Quote from @Don M.:

Block on site, scheduled to go vertical next week.

Updated timeline:
Lot purchase Feb 2022
Permit approvals August and Sept 2022
Hurricane Ian Sept 2022
Lot cleared Nov 2022
Underground plumbing and slab April 2023
Block delivery July 2023

 I commend your patience.  Do you have an idea as to when it'll be completed? 

 Thanks Neal.  To be honest, I'm not sure.  I'm trying to stay objective about the build process on here, so will avoid speculation.
Objectively:
-Builder had said on a couple occasions, about six months after slab pour. (in my case, block was scheduled to start going vertical about 3 months after slab pour).
-I have talked to multiple investors, at various stages of their builds, who have stated they are over the 2 year mark since contract.  I will be at the two year mark in about 5 months.

Hopefully, improved supply chains, permitting in the city, and being further out from Hurricane Ian helps new construction in the area, as a whole.

Block on site, scheduled to go vertical next week.

Updated timeline:
Lot purchase Feb 2022
Permit approvals August and Sept 2022
Hurricane Ian Sept 2022
Lot cleared Nov 2022
Underground plumbing and slab April 2023
Block delivery July 2023