Finances

Budget & Financial Tracking

Total Project Budget: $106,500 (DIY with strategic contractor help)

Cost per Square Foot: $60/ft² (1,776 sq ft total)

DIY Labor Savings: ~$85,000 (vs. full contractor build at $250k+)

Budget Breakdown by Category

Category Budgeted Spent Remaining
Arched Cabin Kits (4 buildings) $36,000 $0 $36,000
Foundation Systems $15,300 $0 $15,300
Interior Finishing $16,000 $0 $16,000
Water Well (200ft) $10,500 $0 $10,500
Solar Power System (5kW) $12,500 $0 $12,500
Septic System $5,000 $0 $5,000
Wood Stoves (4) $3,200 $0 $3,200
Tools & Equipment $2,000 $0 $2,000
Contingency (15%) $6,000 $0 $6,000
TOTAL $106,500 $0 $106,500

Phased Budget by Year

Year Scope Budget Cumulative
Year 1 Foundation + Main House + Well $38,500 $38,500
Year 2 Infrastructure + Cabin 1 + Solar $39,000 $77,500
Year 3 Cabins 2 & 3 + Octagonal Deck $29,000 $106,500

Major Components Detail

Arched Cabin Kits - $36,000

  • Main House (24'x32'): $15,000
  • Cabin 1 (14'x24'): $7,000
  • Cabin 2 (14'x24'): $7,000
  • Cabin 3 (14'x24'): $7,000
  • Includes: Steel ribs, metal roofing, insulation, all hardware

Foundation Systems - $15,300

  • Concrete piers (44 total): $2,700
  • Pressure-treated beams: $2,250
  • Floor joists & subfloor: $6,020
  • Octagonal deck materials: $4,276
  • Hardware and connectors: $660

Infrastructure - $28,000

  • Water well (200ft depth): $10,500
  • Septic system (1,500 gal): $5,000
  • Solar power (5kW): $12,500

Cost-Saving Strategies

Currently Implemented

  • DIY Foundation Work: Saves $19,700 vs. contractor
  • DIY Kit Assembly: Saves $18,000 (just pay for 2-3 helpers)
  • DIY Interior Finishing: Saves $29,000
  • Phased Construction: No interest on loans, pay-as-you-go
  • Off-season Material Buying: 15-20% savings on lumber

Optional Budget Reductions

  • Start with just main house + 1 cabin: -$14,000
  • Composting toilets vs. septic: -$5,000
  • Generator initially vs. solar: -$10,700 (defer)
  • Concrete blocks vs. poured piers: -$6,400
  • Skip octagonal deck initially: -$4,276 (defer)
  • Rainwater collection vs. well: -$7,000

Extreme Budget Version: $68,000 (includes all above reductions)

Hidden Costs to Consider

Item Estimated Cost
Travel Expenses (8 trips from NYC) $4,000
Tool Purchases/Rentals $2,000
Permits & Inspections $1,500
Delivery Fees (remote location) $1,000
Weather Delays/Extended Trips $1,000
Total Hidden Costs ~$10,000

Funding Strategy

  • Cash savings from NYC income (primary funding)
  • Phased approach: pay for each year as I go
  • No construction loans or debt
  • Materials purchased in winter when prices lowest
  • Contingency fund for unexpected costs

Material Sourcing Tips

  • Alamosa Lumber & Supply: Best local prices on treated lumber
  • Wholesale Solar: DIY solar packages, quality components
  • Habitat ReStore: Windows/doors at 60-80% off retail
  • BuildDirect: Bulk flooring materials
  • Winter Purchases: Lumber prices drop 15-20% Jan-Feb
  • Contractor Accounts: Can save 25% at some suppliers

Recent Expenses

No expenses yet - project in planning phase. Will update as purchases are made.

Budget based on 2024 prices in San Luis Valley, Colorado. All figures will be updated as project progresses.