Thursday, February 6, 2014

The Debt Free Solution can it be done ?

  This is not a post about government waist its about us and our way of life . I see more talk about off grid living, and building and living within our financial limits . With the cost of housing its imposable to think that a nice house in a good Neighborhood can be bought and paid off in time to enjoy the fruits of life . Most homes sold in the states have mortgages for anywhere form thirty to fifty years . Most of us will still be paying for our homes after retirement if we are lucky enough to be able to . So tonight I decided to just poke around a bit and see how practical it is to drop off the financial grid .
   The first thing needed is land and cheep with little or no restrictions and building codes . This is not going to be easy to find in most states . You will also need water, sewage, and utility access in most cases .So the land I found that would be perfect 21 acres so I would split with three others to lower cost . Already has a well, Electric service, and a leased gas well with mineral rights that transfer with the owner in short free gas for life . Cost of land 43k so after costs and transfer of title 11-12 k each . Next we need a Roof over our heads this is the fun and creative part . I myself know and have the skills needed to do my own build with some help with the heavy lifting . The kids are raised and moving out so I don't need the space of a three bedroom ranch and don't feel like doing all that cleaning any way . I'm thinking massive lawn shed with full size loft to start . This cuts space, cost, and labor big time . So for this building I will need 5,500 the link to the shed is below but the other parts I added up from different stores to stretch my money . Insulation came cheep from the
manufacturer by purchasing torn rolls and I will pour my own foundation and pad . I have all the electrical and most of the plumbing supply already so no cost there . windows and doors form reuse it for two bucks each the shower,water heater, and heater will also come from there for about 100.00 what a deal . I would need to buy a couple 55 gallon drums and some 6" pipe to build a composting septic so that's another 100.00 . That covers the start up and gets me in my shack for $17,200 .
  So this can be done at a cost that can be afforded . If you put more people on the land that cost could go down even more . So whats next in this venture what step needs taken now to move further away from debt ? I'm thinking Solar power to kill the bills . Eventually the only bill I would ever want to receive is for the phone and Internet . Cable is not truly needed now you can find every show on line if you know where to look and most of its junk anyway . This will cost 7,200 and ill never have an electric bill again not bad. If the maintenance is as cheep as its built up to be it will pay for its self in about five years . With all the land for the four off grid people I think that crops and critters will be in order to .So later projects of greenhouses and structures for animals can be added to the mix . I guess its all about what you want and are willing to spend . Other land Might be found cheaper this was all done for fun and kind of quick .

solar-   7,200

septic-    100
pad -       500
parts-   2,600
shed-   2,000
land - 12,000
totals- 24,400 each or close to start
solo -  60,400 no others same land

http://columbus.craigslist.org/reb/4293684765.html
http://sutherlands.com/12x16barn.php?loc=0#.UvLsbbSa-pg
http://www.affordable-solar.com/store/solar-off-grid-remote/1kW-3kW-The-Hunter-Off-Grid-Kit

No comments:

Post a Comment