Sooooo close to being done with the whole house search. We are finally at the point where we have picked a plan (fucking awesome plan at that) and have finished moving things around here and there to fit our needs. We have gotten a quote back and it, though a little higher than we wanted, fits into our budget. It is a tight fit, but none the less it fits. Can't believe that we can build a house for under $300,000 and it will be worth over $400,000 the day we move into it! That's just the way the market is though. Our final house plan has been approved by the developer and we are now at the stage of signing the final contract and finishing the bank work up. Stressful yet exciting at the same time I guess. P.S. We are building with Gilroy Homes and will be in our new home within 18 months....a long wait, but plenty of time to save up some more money.
Through the whole process we have really discovered the difference between needs and wants. We wanted a lot of upgrades but finally came to the realization that we needed to spend money on the needs (structure/windows/furnace/basement) and give on the wants (hardwood/tile/granite). We can always change the flooring or counter tops but it would be hard to re-build the foundation in the future.
There have been a huge number of things we have come to learn about building a new home that we had never thought of before. The biggest one being sure we know what our soil conditions are like and where the water table sits. Great info. to know when deciding on type of foundation supports needed such as piles or support footings and the need for a sump pump!
When we bought our lot 2 weeks ago there we over half the lots still available. We heard last night that there are only 2 lots left...they went fast once the word got out there. We were very lucky to be above the game on this one. The average lot in Regina costs approx. $90,000 which gives you a 50 x 60 foot lot. We paid $52,000 for a 60 x 130 ft lot. We will have a ton of grass to cut...lol, or a huge dirt pile for the first bit. Our dog will no longer be white!
Anyways, we are close to closing off on the first chapter of our home building book and starting on the second which will be choosing everything we want in it right from exterior colours to counter tops, fixtures, lighting, etc. Should be a good time!
5 comments:
can me and pee wee move in
Shit.....why not! When is your house going up on the market? YOu and Tyler going to move or look into buying the house from Kevin? You may benefit from buying the house and selling in another year. The market is supposed to keep climbing.
I'd rather avoid the hassle and live in your new mansion at a discount price.
Well then.... $75 bucks a month and I will pay your commuting costs. Only thing is, it will not be available until approx. Dec 2008.
We'll tent until then. Can we borrow a tent?
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