Let’s forget the bus for a minute, shall we? Because there IS a reason that we are putting ourselves through all this rigamarole. Eventually we would like to have a house built.
We are currently working with a local contractor on the design stage of our house plan. Noah has harbored a desire to be an architect since he was a kid, so this aspect of the project has been brewing in his brain for years.
When we first purchased the land, over a year ago now, he drew up this custom floor plan for our dream home:
A few notes:
-We decided to go with two stories because there are some fantastic views from the pad that we would like to take advantage of. This is also why we didn’t opt for the master on the bottom story.
-We don’t actually want a spa in the master suite, it’s supposed to be just a normal tub.
-The Narnia Lamp in the Reading Nook is simply a touch of whimsy.
-The Library will also be an office/school room.
It adds up to a total of a little over 2,000 square feet, which seems absolutely enormous to me. I am picturing hours and hours of sweeping and dusting.
I like to think that we would be satisfied in less space. Our rental was less than 1,000 square feet and the bus is only 400. With the kids as little as they are, we honestly don’t feel super cramped (yet – I am still in the early stages of this pregnancy). Plus, a larger house generally means higher utility costs and more maintenance. Blech.
We are also projecting into the future when our kids are over 4 feet tall and (hopefully) have friends. Part of our hope is to have a home that is spacious and welcoming – where they will feel comfortable bringing people and hosting slumber parties instead of always being elsewhere.
The contractor is waiting on us for our final approval to draw up the rest of the plans to go with the design. He has assured us that it will fit into the budget that we agreed on, although it will be on the high end, which is why we are hesitating to sign off right away. We are currently almost at 0 for our debt-to-income ratio (we have a bit left on a private car loan) and we don’t like to give that up lightly.
We are debating starting a project that will wind up being a large financial stretch for us in the present, but that we intend to be our family’s home for years and years to come. Is it worth it? Or will we wind up merely having a house without a life?
We have also been told repeatedly by different contractors that downsizing the house DOESN’T actually save you a whole lot of money like you would think and that you wind up sacrificing things that you wanted *cough*library*cough* for merely a fraction of the cost over the long term.
So, this is where we stand for now. We will obviously keep you posted as things progress, and we welcome your input on our conundrum.
I would love to hear if you’ve been in a similar situation and the factors that you considered.