Housing Costs Drop Dramatically

After decades of watching the price of new homes skyrocket, we may now be witnessing lead ballon phase of the cycle. A couple in Missoula have scored a fantastic deal.

I’ve always been intrigued by home design and building. We’ve built two houses – the last one in 1997 and the cost per square foot came in at about $78 – without the lot. Since moving back here, we’ve been contemplating another build-job, but haven’t yet come to an agreement on a couple of the basics: First, I want to, hubby doesn’t. So that slows the process a bit. The other issue is, of course, price. Can we get what we want/need/would like to have for the amount of money we are able to spend? Up until today, I really felt pessimistic about the prospects. First thing Monday morning though, I’m calling Tom Swenson, the CEO of the Bank of Montana. I really want to know how to build a house for about 50 cents a square foot!

5 thoughts on “Housing Costs Drop Dramatically

  1. I love the recycled material store in Missoula. Mom calls it her favorite store (which is interesting as I always thought Costco was), and often purchases good deals without knowing where these deals will go.

    A few summers ago, my husband and I purchased my grandpa’s cabin at Dayton…I might be able to get my husband to rebuild it at 50 cents a square foot!

  2. the original missoulian story has been corrected. actually the cost of the house came in at 45.00/SF- not 45cents/SF. that would be physically impossible unless you wanted to use great stuff and duct tape over referigerator boxes….you might want to correct this before any other people notice the ridiculous math error…

  3. Problembear ~ Thanks for your comment. You must be one of my new readers, so welcome. You’ll have to get used to my snark and sarcasm. I was well aware that there were typos in the story – that’s was the point. Funny how the location of a decimal point can make such a difference. Same with commas and zeros. When talking about money, it’s amazing how little or nothing can be so important.

Leave a Reply

Your email address will not be published. Required fields are marked *