Cost Comparisons Put Into Perspective
After considering energy savings, low maintenance and reduced insurance premiums, this system is the least expensive system to build and to maintain than any conventional or non-conventional system on the earth.
Cost Comparison and Analysis of overall cost of the Omnicrete System
Square Foot Analysis calcs are misleading - When Square Foot is constant
Square Foot Analysis calcs are misleading - when Lineal Feet is constant
THE SECRET OF CONSTRUCTION COST COMPARISON
A MESSAGE FROM THE INVENTOR ABOUT MARKETABILITY OF OMNICRETE:
Please understand the answer to the most frequently asked question asked to me, management and sales associates. Here is that question; how much does Omnicrete cost as compared to other construction processes?
My reply is always the same and here it is:“If any other construction process was increased to the standards of quality to the Omnicrete technology in order be close or equal to the energy efficiency, wind resistance, fire resistance, mold and mildew resistance, termite resistance, maintenance resistance, sustainable, green and so on that system would cost 2 to 3 times more than the Omnicrete system. That is of course assuming these other systems are capable of coming close to Omnicrete in benefits. However answering the question directly on point, I would make the following observation; the construction cost of Omnicrete is very comparable to conventional block and wood costs and significantly less than Styrofoam, SIP and panelized systems. Keep in mind also that 78.5% energy savings over the life of the home will significantly reduce the effective cost of the construction of the Omnicrete home. Therefore examining the construction cost only is a moot and pointless exercise.”
THE EPIPHANY: Most people who diligently research our website eventually find themselves having an epiphany; they suddenly realize that it is a moot point to study in detail the small cost difference between Omnicrete and other types of construction since building with Omnicrete generates hundreds of dollars per month in energy savings and hundreds of dollars per year in hazard insurance premiums, not to mention the reduced maintenance costs year after year. Therefore, it is a moot point "drilling down" deeply into detailed construction costs and theories, when Omnicrete costs only slightly more then other systems and that small amount will be offset many times over by Omnicrete's system efficiencies extending into perpetuity; what's the point? Building with Omnicrete is the obvious and only answer. What's not to like? Omnicrete's patented wall system is the Greenest, most Sustainable, Wind Resistant, Driest, Fire Proof, Mold Proof and Insect Resistant structure that is at a cost far less than any other specialty system or traditional system when factoring in energy savings, insurance savings and maintenance savings. Then add to it the extra protection that all the other systems combined can't offer; there simply is no system better or less expensive than Omnicrete.
THE EASY DECISION: So it is really an easy decision to have Omnicrete build the shell of your new home since you want the best for your family. Therefore moving forward in executing our agreement and paying the small deposit is the only real option when considering all the facts. Our fee that we charge will be approximately 8% to 10% of your shell cost. However, if your job site is more than 50 miles from our office, additional costs of lodging, per diem expenses and travel may cause the percentage to be closer to 12% to 15%, but these are costs, not profits, and small in the big scheme and as we stated above will come back to you many times over in energy, insurance premiums and maintenance savings. Don't forget also that the "shell" of a home is approximately 20% of the cost of the entire home. For example if the estimated cost of a entire home is say $250,000 and the shell cost is about 20% of the $250,000 the estimated shell cost in this example would be approximately $50,000. Our fees correspondingly would be $7,500 (15% of $50,000). Therefore our $7,500 fee would be only 3% of the total projected cost of the entire home. Keep in mind that we are using the 15% number not the 12% percentage; we are we are figuring on the high size. Assuming your combined savings on monthly energy bills, annual insurance premiums and lower maintenance is $350.00 per month which is a conservative number according to our actual experience it will take approximately 21.4 months to recover your costs (under 2 years). Keep in mind also that the more expensive your home is the more square footage it will be and the more the energy savings. We have one home where the savings is over $500 per month on the energy bills alone and hazard insurance savings of $175 per month which will add up to an astounding $81,000 savings in ten years. Now as the cost per KWH increases over the years according to Obama's promise, this savings could be well over $100,000 which was approximately 25% of the cost of his home. If this did not convince you please read on...
HOW OTHER CONTRACTOR'S COMPUTE THEIR PROFIT It has been my experience working for and with other builders, profit and overhead percentages charged typically range between 15% and 20%. However, it is normal to mark up all labor, materials and subcontractors costs and then apply the builders profit and overhead percentages of 15% to 20% on top. This compounds the markup percentages and costs you the customer more money. In their defense, traditional builders are responsible for cost over runs and therefore err on the side of excessive markups to guarantee them that they will not lose money on any specific "line item" of their budget. What happens more often than not, is as soon as a builder executes a contract with his client he will immediately go to all his sub contractors and tell them that his client "killed" him on the price and for them to lower their price to the bones. The sub in turn will take every short cut in the book to recover what he lost to the general contractor and the first thing to suffer will be quality. I have over 40 years of experience in the financial ranks of many builders as an employee and consultant and can tell many "war stories" about builders rip off their clients. That can't happen to us; read on…
WE ARE AN OPEN BOOK: We show you exactly what you are paying for our services and patent fees before we begin. Then when construction begins we have you pay our wholesale prices directly to our material suppliers and vendors. There is no additional mark up, it is strictly based at our wholesale cost. No stories, no tricks; it is what it is. If you find a better deal on items then were budgeted, the savings goes in your pocket.
ANOTHER MOOT POINT: Remember, all of our fees can be realized back to you through all your energy savings, hazard insurance premiums and lower maintenance costs through out the time you live in your home. If your costs come in under budget, you get the savings, not Omnicrete.
WHAT WE DO FOR OUR ADMINISTRATIVE AND PATENT FEE:
- Assign you to our outside trained draftsman and work with him designing your building plans. If you already have plans we will work with our designer to get your plans adapted to Omnicrete.
- Work up a rough estimate based on the first draft of your plans.
- Monitor that estimate as major changes are made during the formulation of your building plans.
- Prepare a detailed final estimated cost of building your shell.
- Prepare a complete worksheet with our shell costs on it to "cost out" the project to completion for you to "cost out", not just through the shell. This worksheet may be used by you if you are an owner / builder or by your builder to aid him in preparing a very close cost estimate for the entire job.
- Prepare a detailed material cost requisition for building the shell of your home. This list includes all materials and supplies needed and most cases the URL as to where to order the materials and supplies. A "click" and pay process that is designed to be as painless as possible for our clients. Remember you pay shell costs directly to vendors (no markups whatsoever).
- Line up local laborers and supervise for the construction of your shell. This is mostly done by our on site Foreman (who is paid outside the scope of this section of our program).
- Assist all subcontractors for the shell and the completion of the shell. That is why our program works perfect for the "owner / builder".
REDUCTION OF OUR FEES: In addition, we will pay back to you a 10% referral fee based on the patent fee you paid to us for your home for any person recommended to us by you that results in a fully paid contract. Just get us ten new jobs and you just got all your patent fees back. No other builder will do that. The new jobs must be at least 2,500 square feet in order to earn the full 10% commission; any size smaller we will pay 8% of the patent fee you paid us.
COST OF OUR SHELLS: We have calculated our shell prices based on historical data to be in the range of $13.50 to $15.50 per wall square foot (not floor square foot). However, due to raw material and transportation cost our "wall" square footage costs have sharply risen during the latter part of 2010 and continue to increase. Therefore we now estimate our cost per "wall" square footage to be in the range of $14.00 to $17.50 assuming the job site is within 60 miles radius from Flagler County, Florida. Conventional block and wood construction is estimated at around $11.00 to $13.00 per "wall" square foot. However after adding labor and materials for furring strips, drywall, insulation, wire on outside wall, Tyvek on the outside wall, electrical boxes for plugs and switches and electrical conduit on both inside and outside, the building up of stucco to get the wall straight on the outside will also come out to over $14.00 per "wall" square foot. In our wall, some of these components are included and some are not needed. So we are right about conventional pricing, maybe slightly higher due to the excessive amount of concrete in the system. Also, prices will fluctuate regionally depending on your local costs and delivery costs of some of the components. If your construction site is more than 50 miles from our office location, lodging, travel, per diem and meals will cause our price to be slightly higher when compared to local conventional construction prices. However, these costs plus any slight construction cost in excess of traditional costs will be returned back to you within 3 to 5 years. Therefore, Omnicrete is significantly less expensive than any other method of construction. Also, from the second to third year until the time you move out of the home the energy, insurance premium savings and maintenance savings will keep on ticking like the energizer bunny, and these benefits will be a huge selling point if you need to sell in the future. Not only will your home be easier to sell but the potential market value of your home will be stronger compared to traditionally build homes.
WE KEEP OUR OVERHEAD DOWN by working for committed clients that have already made up their minds to build with Omnicrete and understand paying for our services as we go along is the best for both of us. If at any time for unknown reasons you have to back out, this ensures our staff is compensated for their time already spent, which is fair for all. Some builders do FREE estimates and the average actually complete these jobs could be about 5% to 10% of the time. That means that the time and expense lost on the nine to nineteen jobs that they didn't get is recouped on the one job they do get. Therefore one job is paying for the cost and expenses of all the jobs that were bid. We do not have that happen to us, and that keeps our costs down, which keeps them down for you. So if a potential client does not want to pay our fees as we work, we won't spend the time and money doing multiple job estimates. We can always give you a fairly good "guesstimate" up front because it normally comes out to about the same cost per wall square footage on every building, extra cut outs and corners always costs you more. As a note and no matter who you build with, always remember the more square your design is and the fewer cuts and corners, the less the overall structure will cost, its basic geometry calculations. Call us for details if you don't understand this concept, we will explain or for an analysis showing this concept. Our clients research systems in extreme detail and by the time they are working on plans they are convinced that we have the best system; so we are all ready to get to work for our mutual benefit.
DISCLAIMER We are paid for our services rendered under this program in five steps. We are paid in advance for the services of each respective step prior to rendering services for that step. If for any reason you decide to cancel our agreement, simply withhold payment for the next step and our agreement will automatically cancel. All fees paid are non-refundable.
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