Where Will You Live While Building Your Own House ?
If you are in the same predicament as us and most people who sell their home. Where will you live while building your own house? Well just to give you a little history. We sold our house in February and decided right there and then that it was now or never build or purchase and therefore we started on our quest to building our own home.
photo credit: ChazWags
Now this dispels all of the traditional advice that you need a minimum of 6 months or more to organize, plan and get quotes on your project. We just dove write in. And so far, so good. Now back to this whole issue of where to live. At first, we looked in the area where we where building to rent, and quickly figured out that not many individuals would rent for only 4 to 5 months, and if they did , well, we wouldn’t live in it. Most were dirty and just not our cup of tea.
So the idea was brought forward to rent a trailer. My parents in law had enough land and the bylaws of their municipality did not prohibit it. So off we went to see these large RV outlets and were proposed the rental of a 30 foot tip out ( Recommended ) Fifth Wheel RV. They would even rent us a new unit at that. Are you sitting down. A wopping $ 2000/ month plus tax minimum 4 months. We knew that the building process could last as long as 5 months so that’s $ 10,000 plus tax.
Despite the price, it did make sense for short term logging, however my father in law suggested we purchase a used RV that we could re sell for almost the same price that we purchased it for the next season. There is a huge market in the spring for used trailers in good shape. So we went off and looked at Craig s list and other such sites and fell upon a few on KIJIJI free local classifieds.
Well, finding a good trailer is imperative for resale and the good ones go fast, however with Guy my father in law who knew enough to be able to inspect the trailer for any major issues, we found an all original 27 foot fifth wheel with tip out for $ 9750 and jumped on it. The previous owner had even constructed a flat support that was attached to the rear of the trailer to place a gas operated generator just in case he was not near any electricity. That generator ( Which was almost new) would come in handy on the work site. So we scooped it up on the premise that we could try selling it at the end of the season, or even next spring, a better time to sell the unit for about $ 9000. Now that made more sense.
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Morgan,
We opted to purchase a used Fifth Wheel 27 foot camper, that we sold once we moved into the new house. The end result is that for 5 moths our total outlay for rent i.e. initial purchase price – price sold after construction was $ 1500 or $ 300 / month. If you can hack it and plan it right its a great short term way to cutting living expenses down during this time. Here is the link to the post on our blog about it.
http://www.stepstobuildingyourownhouse.com/steps-building-your-own-house/live-building-house/
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