The midpoint milestone of the construction process to me is the preboard inspection. This is the time when all the mechanical, plumbing, electrical and building inspections are done and inspected by the City before the insulation and drywall can proceed.
I am continuing to use the footing pour to preboard inspection as an indicator of pace of work. Obviously I want this phase to be over sooner to reduce cost on the various time/money related items, such as fence and toilet rental, taxes and cost of capital. These costs, especially financing, accumulate each day and can be very significant.
Comparing like projects here is essential, for sure my multi family projects are going to be run slower than a simpler semi d. Looking at the current and previous projects, my time to date is 70 days (we called the preboard inspection today). This means we went from an empty hole in the ground to a house that is ready to insulate and start finishing in a little more than two months. That is good by any standard for two homes with three levels and nearly 6000 sq ft of development. This is another reason new home building is more cost effective than renovations, many renovation projects go on endlessly, with a fraction of the work completed vs what we can do on a new build over a two month period.
The previous semi d took about 97 days to achieve the same progress, which was frustrating and costly. From my perspective, the 27 day savings for the current project is a relief as it meant 27 days less supervision to achieve the same outcome. If I was a little more organized and had some extra scheduling luck, that 70 day timeline could have been reduced by a week or more. The current project also benefited from some great weather and few holidays vs the previous project, so that accounts from some of the difference.
The rowhouse project is moving along nicely now, it will be interesting to add up the extra time needed to get that build to the same stage. I'll comment on that in the new year, what I know now is both the roof and windows won't be available when I want them to, and weather is looking really ugly.