Home construction prices ?
Hi! I am pretty severely disabled by long covid so I’m asking for help somewhat from the community to help me evaluate this decision. This relates to my ability to prepare for my future as a disabled person.
It seems like it would be most cost-effective for me to build a small home under 1000 ft.² that meets my Disability needs because currently the apartments that meet those needs are the most expensive ones.
Where I live and own a lot, all pre built tiny homes are illegal and kits are challenging bc they don’t meet city guidelines. You would need to pay someone to modify it to get it approved. The city doesn’t want trailers and sees this stuff as the same thing.
However, there is a local firm that is experienced building 550 square-foot homes for around $133k total. the floor plans were designed with the guidelines in mind and these people are skilled at getting everything approved and it’s included in the price. Locally this is considered extremely useful.
I know that things are gonna get more expensive in a delayed way because of stuff with a straight of Hormuz… I’m just trying to figure out if people think that it’s reasonable that construction materials like concrete, wood, aluminum roofs, etc are going to spike in price in the next 6 mo as well, and how much.
I have a family member who is an architect who is comfortable overseeing construction, and making sure that things are done properly. I just have to be careful about the favors that I ask of people (When you are really disabled, you’re constantly asking people for favors from rides to doc etc) and I don’t want to start going into this tiny home project, asking ppl to go deeper thinking it’s going to cost $133 for 550 sq ft and it doubles during construction bc materials.
I’m just wondering if anyone knows off the top of their head what types of things will get more expensive because of that exact back up, and specifically how much more?
I know it’s gonna get more expensive I’m looking for people in the industry who can guesstimate potentially how much.
I have the ability to cover it financially if it were to happen, but it would not be ideal for me to spend a ton of money on a small house just because I happen to choose a really expensive time to build one.
thank you very much.
Ps. My disability needs are very specific. There is nothing else pre-built that is freestanding that meets my needs.