| Posted by CaptOrbit |
4/3/2007 11:48 PM | remove |
Sad. Good pics though.
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| Posted by AJ ISH |
4/10/2007 8:13 PM | remove |
that's weird--if the stopped construction because finances ran out they didn't get very far!
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| Posted by DopeNess Monster |
5/15/2007 9:42 PM | remove |
That's either really bad planning, or something changed in their finances. Most likely something came up. Loss of job or whatever.
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| Posted by blaistom77 |
6/26/2007 2:06 AM | remove |
IT would have been a 500,000 dollar. house
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| Posted by forddude1416 |
8/8/2007 8:41 PM | remove |
It would have been such a beautiful house. :(
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| Posted by Atomic-Lard |
10/30/2007 3:41 PM | remove |
I would've loved to live there.
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| Posted by BikerSC |
4/10/2008 6:04 PM | remove |
Wow, what a place. That is a shame. Sweet pics.
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| Posted by Sarnia Boy |
6/5/2008 6:58 PM | remove |
not so much a shame, most likely no one here could afford to live there, and there are millions of other ones all around North America
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| Posted by Wilk |
10/23/2008 7:13 PM | remove |
Looks like somebody ran out of money.
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| Posted by Chuck Adkins K8CPA |
1/6/2009 11:44 PM | remove |
The story about this house was this, and I know this, because I spoke to the building inspector down there. The house was a front, they were stealing equipment from companies. When the feds got onto them, they abandoned the project and fled the state. I guess it was in the 1990's sometime. Don't have the exact year.
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| Posted by Sneaky_JG |
9/21/2009 12:44 AM | remove |
I have to question that story Chuck, they would have to be awfully stupid to try and use such a small project as a front to steal equipment seeing as it would take all of a couple of months at the most for them to be nailed.
In the beginning I could maybe see it as the equipment needed(excavators and such) are really valuable and could fetch a fair dollar, but by the time they got to this stage of construction the equipment they'd be using wouldn't be profitable enough to be worth the time stealing unless it was in large quantities. And if they did go for the more valuable equipment in the start they'd have a hard time getting the smaller equipment at this stage as rental companies are picky about renting to people who steal from them...
The profit involved would be nowhere near high enough to counter the risks, so if true whoever was behind it was an idiot. I've only ever heard of such scams going on with large-scale commercial construction where massive amounts of equipment are needed over a long period of time that allows the equipment and those involved to be long gone by the time anyone gets wise to it.
To me from the quality of construction(frightening in some areas) it looks like a normal scam job of a contractor milking the owners for every penny they have early in the construction and then walking away with the money before they have to do too much hard work and leaving the owners up shit's creek.
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| Posted by Sneaky_JG |
9/21/2009 1:25 AM | remove |
And @ blaistom77 - Are you referring to the cost of building the house?
If done properly that place would be quite a bit higher than $500,000 to build, especially with a fully finished basement area as this place appears to have been set for.
The drywall alone in that place for all 3 floors would run around $35,000-$45,000 at least if done by a quality crew.
If someone offers to build you a house that size for $500,000 or less your best option would be to walk away from them before you get screwed, cause screwed is about the only thing you'll get out of it.
I know the costs are lower down there than up here but even so it would still be well over $500,000 if done properly.
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| Posted by mandi |
1/15/2010 11:45 PM | remove |
My mom used to know the people who were going to build this house. The man who was building it just found out he didn't really have enough money to go through with building the rest of the house. They just left, and that was the end of it. That happened sometime around 2000.
However, there were rumors that the man's wife backed out of the driveway and was hit by a speeding car and died. The man stopped building because he was so heatbroken; but that's not really a true story, just a good story. :)
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| Posted by Chuck Adkins K8CPA |
3/6/2011 8:40 PM | remove |
@Sneaky_JG
You could be right, I just know what the man told me, when I called. Mandi might know the truth. It could have very well been that the man just ran out of money.
Sad though still.
=Chuck
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| Posted by Chuck Adkins K8CPA |
3/6/2011 8:42 PM | remove |
@Mandi
That sounds about right. I remember that I was working way back in 1999-2000 and there was a slight recession that hit back in that time period, and many people lost a good deal of money. Not as big as the one in 2008, but just the same, it was big. This could have been the reason. Anyhow, maybe this guy I called was repeating the rumor or something.
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