After talking to a contractor building his mansion in 5- acre lot, zoned agriculture in Gilroy, he gave me a breakdown of the initial expenses:
$350k for the land (flat)
$15k for review of Site Plan by the City planners
$27k for the well water
$30k for the sewage
___ $$$ for the pavement for the driveway and road
$30k for solar
and around $100 per sq ft to build his own structure, 3000 sq ft. For the barn, he used 4 containers, $2k each. He can convert them later on for rental place.
In the bay area, the average cost of building your own house with your chosen contractor/builder is around $400 per sq ft.
For my own modular home, you can view the design and layout with pictures at http://www.azchampion.com , costs:
$54k for 1100 sqt ft , 3BR, 2BA
$10k for delivery
$10k for install
$30k for foundation and car garage
$$$ for land
There is LOFT CUBE made in Germany ($40k for 400 sq ft), with no official rep in the USA and the made in Berkeley net zero home is still being negotiated with manufacturer to cut cost from $110k to half for a 300 sq ft. Examine your options. Containers costs only $2k, talk to a dealer of modular home in your city, contractor for the foundation, and arrange for a seller financing for the land or lease option to buy (do get a real estate lawyer).
The best positive cash flow use of any land are: storage, mobile home park, apartment, multi-unit office-commercial-loft residential.
You may email motherhealth@gmail.com if you want to donate your land to Green Research Institute or Motherhealth, both 501c(3).
Published by connie dello buono
Connie Dello Buono is based in Sunnyvale California. Her first ebook is about women's health, Birthing Ways Healing Ways and her recent one is about cancer prevention, Curated Healing Ways. She had helped women have holistic childbirth as childbirth educator, founded Motherhealth, to serve seniors in the bay area with holistic caregivers and blogs at www.clubalthea.com with more than 10,000 health and finance related posts.
Connie trains her own caregivers, which are the favorites of most bay area seniors who are home bound and alone.
She is active in the rehab and nursing facilities, volunteering on music and movement for seniors.
She is a member of Lion's club and offered scholarships to students in the Philippines.
She is active at churchinsunnyvale.us and has Fridays Bible home study in Sunnyvale using the recovery version of the Bible , free at biblesforamerica.us
She loves dancing and teaching and her courses can be found at
https://teachclub.com/@thriveafter60
She is California Life Insurance licensed providing life insurance for older adults with health issues and helping women retire safely with income for life.
at menloassetca.com , she helps with 401k rollover.
3 Benefit plans
- Mortgage protection using term life insurance to pay for mortgage balance in event of death
- Final Expense plan using Single Issue Whole Life Insurance, with cash back, disability benefit and guaranteed in the presence of health issues
- Fixed Index Annuity retirement plan for safe, accessibility, less fees, less taxes, avoids probate as it goes directly to beneficiaries, rate of return with no downside market participation.
She brings compassion and understanding to the needs of her clients, bringing holistic approach in health and life insurance. Her goal is to free families from worries especially during covid with caregivers and life insurance in the presence of health issues, especially for women.
She can be reached at 408-854-1883 , motherhealth@gmail.com
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