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Items filtered by date: February 2018

 

Do you want to build a stand-alone tiny house?

It’s fun to dream about finding a little plot of land and building your own tiny dream home on the lot. But, it turns out that there are quite a few factors to keep in mind when you are developing a new lot.

Downsizing is all the rage, but before you build a tiny house as your stand-alone permanent residence, we encourage you to consider these things:

A big part of the expense of building a new home-especially on an undeveloped lot- actually comes from the underground work – things you might not think of.  

For modern day comforts, you need to have a home that has running water, sewage system, and electricity. If you have a vacant lot that is not already developed, you will have to pay significant additional fees to install your utilities: water, electric, sewage.

But there’s more. Depending on where you live, impact fees should be expected with your new residential development project. These fees are imposed and required by the state: school, fire service, parks, and transportation/ mobility fee.

So you know may be asking yourself, how much will all of this cost? The generic answer is, “more than you think!” But let’s add numbers to give us an approximation we can all compare. In the chart below, the numbers provided are based on counties located in the Tampa area, however, these fees are subject to change depending on the area of construction.

Keep in mind that these figures are approximations and they will vary depending on the county, zone, and the development of the land.

General Residential Development Charges Approximate Cost
Impact Fee-Transportation *depending on square footage $3,100.00 
Impact Fee- Recreational *depending on 1BR or 2BR and building zone   $275.00
Impact Fee- School *depending on square footage  $1,500.00
Impact-Fee Fire   $50.00
Meter Installation- Portable Water
*Septic System Setup (if needed)
Water Well *if needed
Water line set up
Engineering inspection
Reading Device
Wastewater charges
Survey
Electrical Connection
Permit Certification
 $18,000 to $133,500 
Total Costs $23,000 to $138,000 

 

*The county charges the impact fees. These averages were provided by Hillsborough County http://hcflgov.net/library/hillsborough/media-center/documents/public-works/impact-fees/residential-impact-mobility-schedule.pdf?la=en

* The site development costs for utility setup were estimates provided by http://buildingadvisor.com/buying-land/budgeting/typical-site-development-costs/. Please keep in mind that these values depend on the level of development of the land you purchase.

Now add on top of that the cost of building the cottages – our tiny homes start at $55,000, and go up to $110,000 or even $140,000 for the larger two-bedroom models with a full kitchen.  

Now that you have a general idea about the costs associated with a new development, this information should be considered when you’re making the decision to build your new home.

We don’t want to discourage your plans but do hope we can provide you with a clearer picture!

We generally build our cottages as a backyard structure – being the second living unit on an already-developed lot allows us to tie our cottages utilities into the existing water, sewer, and electric, which saves tremendously on costs.  

If you are thinking about building a stand-alone tiny new home on an undeveloped lot, you should compare these costs those associated with purchasing an existing home, and ultimately choose the best option for YOU: because home is where the heart is!

 

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