Thursday, April 2, 2020

day dreaming

Day Dreaming...


okay so if we built a house...... This one is perfect. 

I say its perfect because the master bedroom is big... 18x9 level big, so it could easily accommodate 2 people (married. No buying a house unless married.) Plus has a decent sized guest room.... and 2 small rooms below that are too small to be bedrooms but would make good studies.... we could each have a room to ourselves for our own stuff. And...  if we have a big yard can get him a shelter to make a smoke shack and maybe give one of the smaller rooms to future kid? If his son decided to live with us then he of coarse would get the guest room and the bigger of the studies would be the guest room. 

that master is so big it can fit a writer's study in it.... so having it built for us would be 100,050. If we just get all the part shipped it would be 60,056.... and aybe we could contract someone? (puch..... that adds up real fast https://www.rockethomes.com/blog/home-buying/how-much-does-it-cost-to-build-a-house) 

HVAC is about $3,000 and plumbing would be about $10,000, plus the septic tank ($5000 )
so just major systems would cost: $18000 so lets round up and say 20,000. 

it's basically 1100 sq feet  including the porch. So... we would need like 2000sq ft that's just under .05 acre. so lets say we want a place with room to spare so like.... 10,000 sqft? We could get a pool and have plenty of space to entertain.  even better if we have some woods on the property.  .3 of an acre is enough to have a decent yard. 

okay so land.... we would have to clear it so everything can be installed. 
so lets say $2000 because it would be less than an acre. 

100,100 + 20,000+ $6,000 for a loan down payment + 2000+ no more than 20,000 for a lot of land. 

=  148,100 = 150,000 for a build house..... not even furnishing it with washer and dryer, stove/oven, microwave, and fridge/freezer. If we bought everything new from Lowes....
Kitchen appliance sets: 2,500-3000. 
washer/dryer:  800 cheapest..... 1300 for the set I want. 

so lets say 155,000. total we would need to build a house. 
with a loan calculator with a FTO loan we would be making $1000 payments a month. 


Or we could simply buy a house and land and make 150 our  house budget?

this could be a house and land valued at that.... or a cheaper home that we remodel. and can look into up to...20 miles from charlotte? with a lot size of at least 2000 for a yard.  (and if we get over .6 acres we could probably even sell some land.  

if remodeling.... we can put drywall over wood panel walls and then paint it.  If we need to remove the carpet..... at the most to hire someone to do that would be 11000, would most likely cost about 6000, esp if we rip up the original flooring. 

so lets say our budget if we are buying is 120K which would leave us 30K for furnishing and remodeling. 




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