Here We Go!
Posted Sunday, Apr 24th, 2011 at 6:10amAfter dreaming about it for 16 years I have decided to build a house on my double lot. It took me about 6 months to refinance my house and then get a line of credit off the equity. I will save $70,000 over the life of the loan (15 years) by refinancing for a much lower rate of interest (4.125 down from 6.125). And I am going to harness that value by taking out a home equity line of credit for $100,000. So that's my budget. think I can stay within it?
I will be demolishing my 105-year-old garage and building a house on the spot. The garage is slightly under 300 sq. feet. and the house will probably be around 550 sq. feet. Also because of new regulations I must build the new house farther from the property line - a whole 5 feet. Here is a pix of the forlorn garage:
Here is a side view showing the amazing gutter work:
Note that the pile of compost in front of it is from my annual spring garden compost spreading.
Here is a picture of one possible plan for the house (outlined in orange tape):
You can see that it is larger than the existent garage. The orange tape signifies the plan that Annie is most fond of.
In this photo you can see an additional "pink" plan that was my favorite.
Do you think we'll finish it by Halloween as predicted by the architect?