- Hole dug
- Septic tank and drain field installed
- Well drilled
- Footings framed and poured
- Crawl space framed
- Basement beam installed
- Floor joist installed
- Floor capped off
- Tar applied to exterior of crawl space
Sunday, November 22, 2009
After a hectic week of work the building is capped off.
Here's a summary of what was accomplished this week. Pretty impressive:
I'm sure that I'm missing a bunch of stuff, but that's a pretty nice list for the first week.
Friday, November 20, 2009
It's starting to look like a house. After cutting a million 2x6's to length, the crawl space is in place. I love this phase of the project when the look of the building changes dramatically every day. The forecast calls for snow on Monday, so the next week is going to be interesting. Getting the floor capped will be the next major milestone.
Wednesday, November 18, 2009
Tuesday, November 17, 2009
Building a home with the intention of selling it for a profit is a major challenge in today's economy. Home builders are going out of business left and right and profit margins have shrunk dramatically over the past few years. The term "real estate investor" is a dirty word in the banking industry so getting financing can be a challenge. The one bright spot is that building materials are very inexpensive right now. Homes are selling for a lot less, but they also cost less to build. With of that in mind we set out to build a small home in hopes of minimizing our risk.
The decision of where to build was an easy one. My father will be the contractor so it needed to be close to his home in Northern Minnesota. My parents own 20 acres of land which we decided to subdivide for the project.
In order to keep the cost down we wanted the house to be ~1200 sq/ft. We wanted something that would make a nice starter home or possibly a vacation\retirement home.
We started with the floor plan of a home that my father built a few years back. We decided to keep the rooms large which meant that we could only have 2 bedrooms and 1 bath. One requirements was to lay it out in a way that it would be easy for the future home owner to add a master bedroom and 2nd bath at a later date.
After numerous revisions we finally settled on a plan. It's a 2 bedroom, 1 bath rambler with a side entry attached garage. The house is 28'x42' with a 24'x26' attached garage. The house ended up being 1204 finished sq/ft. I'll be outlining the interior\exterior details in later posts as the project progresses. Unfortunately the image below is very small, but it gives you a general idea of the layout of the home.
I've been fascinated with houses most of my life. My dad is a Carpenter\Contractor and he has worked on some facinating projects over the years. One of the houses he build was featured in Better Homes and Gardens magazine in the 1980's. At the age of 13 I started working with my father in the summer. It was a great summer job, and I learned many valuable skills. I worked with my Dad for 8 summers until I started working full time as an Electrical\Software Engineer in 1997. Since then I've owned three different homes (2 were new construction) so I've had plenty of opportunities to apply what I learned on various projects around the house.
This summer my dad asked my brother and I if we would be interested in building a small house as an investment. I was immediately interested and I wasn't able to stop thinking about it. We recently started the project, and I'll be documenting the progress in a series of blog posts.