I Have Exciting News About My Budget
April 16, 2013 § 10 Comments
I made it! All major purchases are made! I literally have a few sticks of lumber and some grout for the tile left to buy…. then my budget is complete.
So, how did it go? Well, my opening statement was
“12-14 months rent @ $800 per month brings costs [hopefully] between $9,600 and $11,200.“
In my head this was not including any appliances. My ACTUAL budget comes in at $11,193.56 minus some small miscellaneous purchases but also including my fridge and a washer/dryer unit… not shabby! I am estimating I had close to $7,000 savings due to sponsors and donations. Without those I still feel like someone could build a very nice tiny house for under $20,000 if they were diligent about it. I definitely had some mistakes but I am glad I have had very little waste! I bet if I tried I could skim maybe $300-$500 more off of this (wrong color paint, lost electrical boxes/covers, etc.) but really I did fairly well with eliminating waste to date. There are certainly people who have spent less than me on their house and come out with a lovely end product. Here are some of MY major expenses which could be eliminated or substituted with a more cost effective solution, in most cases I have reasons for not going with the cheaper option, just let me know if you want to know what any of those reasons are:
- Sun Touch Warm Wire radiant floor heat $375.00
- SunMar Composting Toilet $2000.00
- Bathroom Sink $203.00
- Dal Tile Floor Tiles $518.21
- TPO Roofing System $701.83
- Washer Dryer Unit $886.00
The costs of these 6 items start to approach $5000.00 by themselves. Without using these you would have to substitute for a different solution but it could potentially be MUCH less expensive.
I’m actually pretty excited to be broke 🙂 I feel like my money went to a very good place and certainly a great investment! Not to mention all the experiences I’ve had so far! Very cool! Now to finish it all… 🙂 Hope all are well!