Image (c) Trevor Tondro for The New York Times.
Today the New York Times profiles a young family whose story demonstrates the pitfalls of prefabricated construction.
Zoe Bissel and her partner, who have a young daughter born during the construction process, inherited a piece of land in the Catskills back in 2011. Hoping to build an affordable home on the property, they hired an architect to build a 1,450-square-foot prefab cottage. Writes the Times:
But it wasn’t quite as affordable as they had hoped. The house cost $260,000 to build, from start to finish (the kit itself was $47,000) — nearly $100,000 more than they’d expected...
...The contractor they hired had assured them he could assemble the kit (which includes posts and beams, a plywood roof structure and siding) and complete the entire project for $120,000. But his quote wound up being at least $100,000 too low.
“We finally had to fire him when we were completely broke,” said Ms. Bissell, who was pregnant by then. The house was still about $45,000 away from being ready for a certificate of occupancy. To get it there, the couple cashed in retirement plans, broke out their credit cards and borrowed from family and friends.
The full story is here.