Everyone wants to know how much a log home costs. Here are three real life examples of what LHBA students spent building their log homes after attending our class. These expenses will be compared to the costs of remodeling a stick frame home since that is something a lot of people should be able to relate to.
Heck, most people have done sort of remodel job on their stick frame home. Often it’s either because they aren’t satisfied with some aspect of their home, or they want to try and build equity in their home. The sad fact is most lose money when they remodel. In fact, many of our members build their entire log home from scratch for less than the cost of remodeling just one room in an existing stick frame home.
Now let’s look at some hard numbers and real life examples. These are not professional builders. Rather they are owner-builders who took a 2 day log home building class and then built their own log homes from scratch without any kits.
He built a house for the cost of a kitchen remodel: $40,000
The average cost of a mid-range kitchen remodel is $43,862*. If you go to sell your home after the remodel, you usually recoup 91% of your ‘investment’ (or $39,920). That means you actually lose money on the typical kitchen remodel when you go to sell your home.
Compare that price to what one of our student’s entire construction budget for his large log home. Total cost: $40,000. That’s right, it cost less for Larry to build a log home, than it does for the average kitchen remodel. He also managed to do it without any mortgage. And the good news is that he made approximately $390,000 profit when he sold the home.
They finished their home for the cost of a bathroom remodel: $20,000
Adding a bathroom is a popular remodel project. The average cost of a bathroom addition is $22,977. Statistically, you recoup 86.4% of that cost when you sell the home. Again you end up losing money on the remodel.
Wow, so you spend over $22k on a new bathroom, and lose about $3k when you’re done. Compare that to what our former students Sheri and Debbie spent building their log home. Total construction costs: $20,000. The current estimated value of that home is around $400,000. Needless to say, Sheri and Debbie didn’t need a mortgage for their log home.
This family’s total construction costs: $55,000
Many people with an unfinished basement end up deciding to make it into finished living space for their family to enjoy. The average cost of that transformation is $51,051, When selling the home you recoup 90.1% of the remodeling expense. That’s a lot better than the bathroom addition, but you’re still losing money when you sell.
If you want to turn that $51k into profit, you could build a stunning log home like our student Jim did. He spent a total of $55,000 for everything (including appliances and furnishing). He doesn’t owe the bank a dime for building this home. He’s currently having a great time living in his new log home, and has no plans for selling it. He does have plans to build another one real soon, and we can’t wait to see his next project.
Build your own mortgage free log home:
Here is exactly what you can do if you want to build a real log home, from scratch — without any kits or mortgage.
First off, you have at the right website. The Log Home Builders Association was founded in 1965. We’re an educational non-profit dedicated to helping people build the best log home, for the least amount of money. We can show you exactly how to build a log home at our 2-day class.
How good is log home building class? Just look at the home below. It was built by a husband and wife team who had no previous experience. They took our class, built this beautiful log home, sold it for profit, and are now going to build a second log home.
How is that possible?! A 2-day class?! A husband and wife with no previous experience?!
It works because our class focuses on the butt and pass method of log home building. It is by far the easiest and strongest method of log construction.
A Skip Style Butt and Pass log home:
- Does not settle
- Does not need keyways
- Does not have any settling spaces
- Does not require any screw-jacks under vertical posts
- Does not require kiln dried or seasoned logs
All the above results in a system of building that is simple and straight forward and perfectly suited to owner-builders without previous construction experience. In other words, you skip all the complicated, expensive, labor filled, finishing work that a log home normally requires.
There is no better path to log home ownership than attending the LHBA class and becoming an owner-builder. It can give someone a huge financial jump start in life, and it’s also a fun adventure. You should sign up for our next class, and get started on your log home journey today.
Related articles that may interest you:
- How to save 50% on building your log home
- Why you shouldn’t buy a log home kit
- What students say about our log home class
- View our class schedule
*All remodeling prices are from Remodeling Magazine’s 2005 report on national average costs of remodeling homes. All prices are for a mid-range remodels, nothing too shabby, and nothing too fancy. Here are the 2009-2010 data on remodel costs, prices are up.