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Anyone Purchase A Smiling Woods Yurt?

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Old 11-07-2019, 08:18 PM   #11
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Default Re: Anyone purchase a Smiling Woods Yurt?

Good post Melissa. Once you get your estimated costs figured out-on paper- item by item-I'd add 10%. Just trust me on this. I have built one house. Our banker was married to a builder. She said, "Bob add 10%.". And those were wise words. We went exactly 10% over.
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Old 11-07-2019, 08:36 PM   #12
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Default Re: Anyone purchase a Smiling Woods Yurt?

btw that was for our construction loan in March 1999.

Off topic. Sales prices have SKYROCKETED here in the front range of CO in the last three years. People are selling their homes in CA for BIIIG money, and incredibly a few are paying >!!!CASH!!!< for their 800K -1,000,000K new homes and still pocketing >hundreds of thousands of dollars < in the process. That's here in the HOT market along the front range. And lemme tell yuh those prices are rapidly escalating because people involved on the cream end are VERY greedy. There aren't enough zeros in their income.

First hand story. We had our little 724 sq. ft. one bd/one bath condo on the market in 2017 and 18 hours later 10! offers OVER what we were asking. A bidding war erupted, BAM son. Six years ago we listed it twice for a total of a year, and couldn't find a buyer. I just read where those units are now 60K !!! over what we sold ours for just two years ago. Why? Just because. Supply and demand. None of any of that amazing $ increase begins to match wages of folks building the homes.

Back to topic.
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Old 11-08-2019, 01:35 AM   #13
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Default Re: Anyone purchase a Smiling Woods Yurt?

That sounds in the ballpark. Sounds like the labor cost to construct is pretty low, but good for you if that's the case! A typical equation for labor is to double the material cost, so you pay 65k for the kit, foundation, and interior wall materials, estimate another 65k for construction of the kit, foundation, and interior walls. Some places are even higher for labor. Other things to consider: Gutters? They didn't have an option when we were looking. Our clients added a covered deck and theirs was two story. We also have codes that required stem walls for the foundation.

I'll say again, I like

Smiling Woods Yurts

. They're a great value for what you get. But I think some people see that $60,000 pricetag and have no idea that there's another $60k to go to implement it. (In our client's case the kit didn't include about $60k in additional materials including the deck materials, foundation, ceiling, gutters, interior walls, so their true material cost was I think closer to $120k - It's been a while since I looked at the details though).

Thanks for sharing your real time experience, amaralice! That's what it's all about - all of us sharing real knowledge and experience to help others <3

Last edited by HawaiiYurts; 11-08-2019 at 01:41 AM.
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Old 11-08-2019, 10:02 AM   #14
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Default Re: Anyone purchase a Smiling Woods Yurt?

Melissa, thanks for bringing 'building costs' into the light. Hopefully that will help folks looking to build a yurt.
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