Saturday, July 18, 2009

Building Costs More...

I’ve mentioned before that relatively speaking building costs more than buying, especially in a buyers market like what we have now. While some of the raw building materials and labor have gone down in price with the economy, it still costs a lot to build a house. No contractor in his right mind would do it at a loss so if one can find a deal on a house for sale – perhaps at a loss – it’s sure to be the better value overall. We just can’t find one we like enough. Of course the fact that the area we want to locate to is primarily made up of corn fields has a lot to do with our lack of success.

Building costs more….this fact just keeps nagging at me.

“So what if building costs more?” I think out loud to myself. "If I can afford it, why not? What am I going to do with money anyway, continue putting it in the banks and investments? Well, those institutions have certainly showed us what they’re made of. Maybe I should enjoy what little money I have rather than letting others use it to get rich at my expense." A bit cynical there, but when you watch everything you’ve diligently saved for the past 15 years be taken away it can’t help but to produce at least a little distrust.

Well, how much more does it cost? We don’t know yet. We need to get sketches from Nicole, refine the design, which I’m sure will be a many step process, then get her to draw up plans, and then get bids. Up to that point it’s all guessing.

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