This week has been a busy one complete with my birthday, the kids starting school after Spring break, yucky weather, and the planning of a luau themed Father/daughter dance. In the midst of it all, we received a cost estimate for the building of Arrow Hill Cottage.

The estimate was higher than we thought/ hoped it might be. I want to be completely transparent with this process for all of you. Designing a house and having it built is going to be full of ups and downs, and in documenting them I hope to encourage anyone who is following a similar path.

I want my readers to understand that the process is not a straight path from point A to point B, but that each step will eventually lead to a final finished home. 

Craig and I are not complicated people, we have said all along that we want our house to be simple. Big enough for now, when we are raising 5 growing children under it’s roof – but not so large that it becomes a burden when we are empty-nesters.

When we first got the dollar figure, I will admit that we were a bit flustered once again. Not long ago, when we were told VERY preliminary costs to build, I had done a huge reduction in the size and complication of the design. We thought that these bold moves would get the number down to a more comfortable level. And surely, they did reduce the overall cost – just not enough.

Even though the bank may loan us the full amount that this contractor is estimating, we aren’t comfortable with what that would mean in terms of monthly payments.

We do not intend to be house poor. When you have a family, there are so many situations needing monetary attention that could potentially arise. If all of our monthly income is tied up in a house, it would  definitely add more stress during those times.

And so, we are at a cross roads once again. I am taking a look at the design to see where we could save and have identified a couple of areas that could be revised to be more cost effective if need-be. We will also be taking a close look at this post, and heeding our own advice. Even though we are friends with our preferred contractor, it is important to get second (and maybe third) opinions/quotes on cost.

In the end, I am confident we will be living in the house of our dreams – but that house might be a little different than what we had first imagined going into the process. And that is okay.