Y and I need to start looking at getting estimates to build our house. We have a tentative plan of a house drawn up that Y did. We definitely want that plan. We had wanted to wait until spring 2012 but if we can swing it, we might start building this summer, probably around August.
Y is off today so I told him to call a local builder that we’ve heard very good things about. Y called him and didn’t get an answer. He left him a message so I’m hoping that we hear back soon. I want to meet with them and have them draw up a real house plan. With that, we can have them do an estimate. We will likely take it to a few builders to get different estimates.
I am a little bit nervous because I don’t think that we’ll be able to afford the house that we want. I think that it will be out of our price range. The price range that we’re looking at is $200,000. That does not include the land as we will own that outright by the time we start building. That will also not include the well but probably will include a new septic. Y said that we need a new one and we might as well get a new one when we’re building compared to having problems with our current one a year down the road.
A part of me thinks that we can’t build the house we want for $200,000 but that is a fair bit of money. Many new houses cost less than that. Our first house was brand new and only cost $137,000 for a 2045 square foot bi-level home in town which included the lot. Y can do a majority of the plumbing and maybe wiring. We can also cut costs by doing our own painting. (I talked to Y about painting ourselves and he promptly vetoed that idea.)
I get so excited to actually thing about building our house. Any advice?