OCR Text |
Show 8 February - 21 February 1995, Wasatch Canyon Reporter, Page 15 engineered On their substantial but sometimes frayed shoestring they built a beautiful house of about 2300 square feet built on a 1300 square tomiat the loads I needed to build for,” Says foot print. It features 3 bed- Gregoric. The escteht foot panels rooms The master bath is large — and luxurious and out fitted with, among other things, a jetted tub (the better from are sandwel ¢ h ea » between a | highly effi- which The cient solid foam insula- Open _ percolation test to check the permeability of the ground for their grey water system. | After all their land prepato find in Draper, were not ration was approved they prohibitive. Gregoric’s had only to submit their building could be built in a_ plans to the town engineer relatively ordinary and to make sure the building inexpensive manner. By was properly designed for comparison, avalanche the loads identified in the studies in other areas in the avalanche report. canyon cost as much as Rather than build another $2000 and identify loads as log cabin which Max now heavy as 1850 lbs. per feels uses an unconsquare foot which makes scionably large number of building very expensive. So trees, and which wasn’t far, so good. completely appropriate for _ Next, the Gregoric’s had their lot and location, the to get a survey of their land ~Gregorics chose precast with regards to both actual concrete as a building lot size and slope. The one material. The product was potential problem the manufactured by Salt Gregorics faced was the Lake’s Monroc company. size of the buildable area The product and process on their lot. were relatively new as The building ordinances applied to residential constate that you can not build struction but it was also on more than 25% of your reasonably priced, very total buildable acreage strong, and highly energy including ingress and efficient. Additionally, the egress, and you can not aesthetic of the product was build on any slope greater consistent with many of the than a 30%. Needless to Little Cottonwood say, when you have only Canyon’s buildings includ.28 acres to begin with, you ing the new Alpenglow need all the buildable Restaurant and the new ground you can get, or, you sive. It cost a little less than $500. The snow loads he © had to build for, while bigger than you might expect locker. While the 30% rule is inviolate, the Gregoric’s were able to get a variance on the 25% cover- age with relatively little fuss. POWDER Alta town offices which were built in the last year. It had many other benefits as well. “I drafted my own plans a. ton d saved, prob- BEACH REALTY The Wasatch Mountains, Utah « The Hamptons, New York Even with the savings he in a resort town. So, Max and Julie did what any self respecting young couple would do: they borrowed from every imaginable source. They maxed out credit cards, borrowed a lit- tle from the folks and did things like trading Max’s motorcycle work. for plumbing to each are other all - and Max didn’t have exact figures on what it cost him of the time he personally invested and trade outs he did with some of his friends it would be hard to arrive at an exact amount but he Park City Deer Valley ably Fern Baird ¢ Principal Broker their lot was town sewer line they had to get a The value of their home quickly rattled through the ferent and unquantifiable. hard costs: Shell $76,000 Windows $10,000 Excavation $10,000 Land $75,000 Holding Tank (sewer) $4,000 Permitting and approvals including When asked about the best part about his home, Max is really at a loss for words. There are so many of his and Julie’s dreams and so much effort tied up in this home. When pushed he can only say, “It’s the views. The views are great. It’s unbelievable where I am.” When asked if there was anything he wasn’t prepared for or worried about in his little piece of par- surveys etc. $2,000 $177,000 Equipment rental, electrical work, plumbing, site revegetation and other miscellaneous costs would push the real cost several thousand dollars higher. There really is no way to arrive at a cost for Max and Julie’s efforts, but the bottom line is that they have a gorgeous, unique home they can call their own for a lot less than they would have paid on the retail market. Now that their home is complete, the banks are | in terms of money is important to Max and Julie, but the real value resides in something completely dif- adise he responded, “ I just have to be careful the kids don’t get carried off by coyotes. There’s about fifteen of them that live out BO Sects nasa ka just kidding.” ALEX MILLER’s real job is at SNOWBIRD REALTY. Contact him at the number(s) below and buy a couple expensive properties so he can have more time to write for us! SNOWBIRD / ALTA PROPERTIES Little Cottonwood Canyon’s only on site real estate office with over 20 years experience in the Snowbird/Alta Resort Areas Condominiums Homes — Building Lots Sugarplum Powder Ridge Blackjack Hellgate The View Shared Ownership | : 5 uh. Snowbird Realty Residential Sales ¢ Vacation Rentois ¢ Investments © Property Management the loosen up some equity so they can furnish the place and continue improving the property. snowbird realty Snowbird/Alta Salt Lake City on the Gregorics were rewarded for all their hard work: “The appraisal came in at something like $400,000! I couldn’t believe it!” says Gregoric. Quite possibly the banks were conservative. They took out substantially less of course; they just wanted to pay off their overheated credit cards and to build the house. Because y not the loan, Snowbird Village (801) 944-9444 Because rest of us. When the banks appraised the property for Vis -can build a three story ski «the canyon to be set in place. kitchen. Because they were pre- manufactured, there was little waste and he knew his costs more precisely than he might had he been building a frame house. realized from using the precast concrete and the fact that they did much of the excavating and site work themselves, the money from the sale of their Draper property was not quite enough to do the whole job. Banks, while sympathetic, are more willing to loan money on a . completed house than on an uncompleted house built by a relatively new method high in the mountains on a tiny sliver of land without year round drive-in access dining and the Gregorics are carrying a mortgage like the concrete ~ $20,000... in architectural fees because panels could be PO Box 920071 Snowbird UT 84092 800-453-7122 801-742-2222 ext. 4120 801-742-2807 FAX Located in the Snowbird Center - 2nd floor a snaenenr > temettnnerneetnntemamnnaiiiinmnnttintnaaanametai ROR . EI MH 7 ae Ser REN sR, Nat et oan ' { ; : ; room, kitchen looking the living room area. The feel of the house is quite open. and | transported The spacious and modern south western and have, of course, great views. There is also a office area in a loft over- downtown in accordance with his ‘(up to watch the sunset). living room tion. They were poured | plans and two bathrooms. only too happy to lend on it |