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Hey fellas,
So I finally bought a 1 acre property near Breckenridge, CO. It got it for $17500, which nearly $15000 cheaper than the other acre I was looking at just a few hundred feet away.
Anyways, I'm in the planning phase of putting up a small cabin. By small, I mean ~1000 sq ft. A little larger or a little less is fine. I'm looking at different building options. One requirement I have is that the basement must be a garage with the cabin on top. I'm looking at log cabins, Timber Frame, Pole Barn (which would be two story but no basement garage), A frame, etc., etc., etc. i'm pretty open minded.
I've got ~$90K in cash to do this but I figure I'll finance it and keep the cash invested. I'm looking to do this for $150K or less.
So I was wondering what experiences some of you have had in building a cabin or getting one built. What are the pros/cons for the various building types. Is there something out of left field I should be considering?
One BIG positive in doing this. My new neighbor just sold his small cabin for $300K. He had multiple offers and sold it in two days. So I've got built in equity. However, long term, I look at this as a place to retire or a bug out location. I'll also be renting it as an AirBnB when I'm not using it since it's only 20 minutes from the slopes..
So I finally bought a 1 acre property near Breckenridge, CO. It got it for $17500, which nearly $15000 cheaper than the other acre I was looking at just a few hundred feet away.
Anyways, I'm in the planning phase of putting up a small cabin. By small, I mean ~1000 sq ft. A little larger or a little less is fine. I'm looking at different building options. One requirement I have is that the basement must be a garage with the cabin on top. I'm looking at log cabins, Timber Frame, Pole Barn (which would be two story but no basement garage), A frame, etc., etc., etc. i'm pretty open minded.
I've got ~$90K in cash to do this but I figure I'll finance it and keep the cash invested. I'm looking to do this for $150K or less.
So I was wondering what experiences some of you have had in building a cabin or getting one built. What are the pros/cons for the various building types. Is there something out of left field I should be considering?
One BIG positive in doing this. My new neighbor just sold his small cabin for $300K. He had multiple offers and sold it in two days. So I've got built in equity. However, long term, I look at this as a place to retire or a bug out location. I'll also be renting it as an AirBnB when I'm not using it since it's only 20 minutes from the slopes..
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