Short answer: $74,767.
Long answer: that comes out to $178 per square foot, which is based on a floor
area of 420 s.f., which needs a little explaining. When measuring the area of loft space, my protocol is to count square footage wherever there
is 3’ of headroom or more (since I need 3’ to sit up straight). In the practice house, the loft measures 132
s.f., but that leaves 66 s.f. of uncounted space near the knee walls that
is finished and heated/cooled.
Also, these costs and the $178 per s.f. don’t account for
the value of my time. If I was employed as a semi-skilled construction contractor and I made
$20 per hour, my time would be worth $31,440 and the cost becomes $105,207 or
$253 per s.f. If I paid professionals to do what I did (let's assume they would take 3/4 as long to do the same amount of work), the cost works out to something like $129,000 or $307 per s.f.
It’s difficult to compare my cost to build to other homes,
but here are a few relevant thoughts;
·
Professionally built tiny
homes on wheels seem to run $75,000 to $80,000 for 350 s.f. with loft
·
I saw a premanufactured
tiny home for sale in 2017 discounted to $60,000 not including transport and foundation
·
Conventional homes in
MD seem to run about $150 per s.f. (or $63,000 for 420 s.f.) , but that is a
tough comparison because the more expensive kitchen and bath areas make up a
larger percentage of costs in a tiny home. Also, my house has a high performance shell, with a higher up-front cost versus lower operating costs.
·
Two internet sources listed
custom natural homes as costing roughly anywhere from $75 to $300 per s.f., so
I guess I fall near the high end of that range.
There are of course, a few particular choices I made that
drove up my costs as compared to the conventional construction that runs $150
per s.f.. The idea is that money spent
upfront would save time and hassle over the long term, and my goal was to never
have to touch the exterior for 50 years except to refresh the trim paint and recoat
the shingles. Collectively, these items
probably added about $10,000 or 15% to
the cost:
·
Metal roof rather than
asphalt shingles
·
Cedar shake siding rather
than cement board
·
Spray foam insulation rather than
rockwool bats
·
TrueExterior trim
rather than PVC (http://truexterior.com/)
·
Professionals to help
with siding and light straw clay when I was time-constrained
Of course, none of the costs in this analysis include the
price of land or utility extensions to the house, since those vary considerably
by location. And similar to what I noted
in my “Time to Build” post, there will be a little more money spent when I
enclose the porch. I acted
as my own architect and civil engineer, which probably saved me $6,000 or so. I also spend about $1,800 on tools and equipment
to supplement my existing arsenal so that I could do my own work.
Overall, I was anticipating the costs to come in lower than
they did, but I had zero prior experience with any sort of home-building, let
alone natural home-building. But on the
flip side, I ended up with a better home than I expected, and it is by far the
most comfortable and best suited to my lifestyle of anyplace I have ever lived. As I try to answer the age-old question, “was
it worth it?” I think the answer is yes, provided that the place turns out to
be as low-maintenance as I expect it to be.