M
Midlandmorgan
New member
We are in the process of converting existing structures on our property to dedicated studios...after weeks of research, testing, contractor estimates, and the like, seems the actual mechanicals of the rooms are the easy part.
1) Electrical: Big issue, as we had designed a separate power feed for the studios, to keep line noise such as refrigerators, HVACs, dryers, etc out of the studio's AC. Problem therein is that since electric company deregulation in Texas, a lot of the 'customer service' things done by power companies for free are now being charged for at somewhat an astronomical rate...best estimate thus far is $900 + power company fees to install JUST the distribution box and meter...internal wiring wil still have to be done by a different contractor.
2) Plumbing: Another expensive issue. To avoid having clients run in and out of the house to use the restroom, we are having a cold water tap run in, with a sewer hookup for the commodes...$1100 to run a sewer tap and cold water feed 7 feet...
3) Insurance: huge bug! Texas insurance rapists, uh, regulators, require that any business property have a monitored alarm system installed to meet replacement cost coverage. I have 2 pit bulls that can respond a lot quicker than a security company, but its another hidden cost.
The point of all this? That regardless of how well you plan, its a good rule of thumb to rake your financial estimate for your studio construction, then double it to cover all the costs, fees, taxes, permits, etc. There really seems to be some validity to leasing an existing place, and to absolute hell with the most of these issues.
Leasing also has the tax benefits, but there again, at the end of the lease, you have nothing to show for it, and you may be forced to relocate because the owner got a better offer or whatever.
Thanks for letting me rant...
1) Electrical: Big issue, as we had designed a separate power feed for the studios, to keep line noise such as refrigerators, HVACs, dryers, etc out of the studio's AC. Problem therein is that since electric company deregulation in Texas, a lot of the 'customer service' things done by power companies for free are now being charged for at somewhat an astronomical rate...best estimate thus far is $900 + power company fees to install JUST the distribution box and meter...internal wiring wil still have to be done by a different contractor.
2) Plumbing: Another expensive issue. To avoid having clients run in and out of the house to use the restroom, we are having a cold water tap run in, with a sewer hookup for the commodes...$1100 to run a sewer tap and cold water feed 7 feet...
3) Insurance: huge bug! Texas insurance rapists, uh, regulators, require that any business property have a monitored alarm system installed to meet replacement cost coverage. I have 2 pit bulls that can respond a lot quicker than a security company, but its another hidden cost.
The point of all this? That regardless of how well you plan, its a good rule of thumb to rake your financial estimate for your studio construction, then double it to cover all the costs, fees, taxes, permits, etc. There really seems to be some validity to leasing an existing place, and to absolute hell with the most of these issues.
Leasing also has the tax benefits, but there again, at the end of the lease, you have nothing to show for it, and you may be forced to relocate because the owner got a better offer or whatever.
Thanks for letting me rant...