Tiny Home to Tiny Cabin to.....Ka-ching.

So We Did Some Math and Research

While our blog posts on “tiny homes” was informative, and we do highly recommend AmishMadeCabins.com for “tiny cabins” that are basically turn-key, we also did some research on site prep costs, land purchase, and then compared that to purchasing already-established homesteads.

Things to consider when you’re buying a tiny cabin (with or without modern utilities:)

1) Electrical set up
2) Well set up: is there an existing dug well? Do you know who to hire and what permits you need for a well pump and water being ran to your home?
3) Septic tank – no septic tank – you still need to figure out where that waste will go.
4) Land purchase: surveying, soil testing, grading, excavating, site prep, permits.

For us, we were able to find farms in the area where we will be living for under $175,000. Some of these were older farmhouses or cabins that had already been renovated, nice land, mostly pasture and some wooded, and some of them had existing outbuildings such as barns, coops, and sheds. To get the same amount of land and everything to set it up plus the tiny cabin we want, it was sort of like a cartoon – ka-ching! Ka-ching! Ka-ching! Land…. $100,000, Prep….$20,000……Tiny Cabin….. $43,000…..Tiny Cabin delivery outside of the delivery area…..$2000…Mowing, seeding, liming, fertilizing property…… $5000 (not including needing to drop any trees and grind stumps, construction of barn……$8000. Ka-ching, ka-ching, ka-ching….$178,000….minimum. 

Of course you’ll want to inspect whatever property you plan on purchasing including the insulation, roof, wiring, plumbing, etc. BUT as we said we would keep our readers updated on things and changes, here you go. We are more than likely going to purchase an existing homestead or homestead potential rather than building from the ground up. Of course, this could be like the wind and change again.