Quote:
Originally Posted by huge-pigeons
Your list is based on what house cost? Size? If you want to buy a new premier home in Eastport, you are looking at around $1,000,000. Your $1100 a month mortgage won’t cover it. If you want to buy a 20 year old villa in old Spanish springs, then you will be closer in your estimates.
Also, bond costs are all over the place depending on where you live. We are in the $32,000 range, Newell area has $40,000+ range, and the new Eastport area is over $50,000. Our yearly cost for our bond is over $2500.
A smaller house, you will probably be in range for electricity. For a larger designer home, our costs is $100 more than your monthly estimate. Gas charge is 1/2 the cost, there is a $20 minimum charge for gas and if you have gas for cooking, dryer, and hot water, your price will go up.
If you and your spouse are active, you probably will need 2 cars and a golf cart unless you want to spend a lot of time in your golf cart to go to a function.
If you want to get a sports car, you won’t be looking at a corvette, they aren’t sports cars, they are a muscle car. Plus they are a dime a dozen here. If you want a sports car, look at a Porsche, Audi, Ferrari, Nissan Z, and others, these will get you the sports car feeling plus all the looks you want.
If you want more accurate expenses, please state home cost, location (village or square), driving habits to see if you need 2 cars or not based on your lifestyle.
|
Thanks, HP.
I'm looking at everything from Courtyard Villas, to Designers, to Verandas. Watching my budget and the target mortgage amount is $150K on a 30-year. I won't overspend on the home and be house-poor in the years I should be as carefree and happy as possible.
Vehicles and vehicle expenses are not really...by my choice...in this "home costs" subset of my total budget. I drive a Subaru and am a singleton....one vehicle at any given time. Pay cash. I guess that rolling auto insurance into the line items is contradictory, there. Vehicle ownership and maintenance was not considered part of this subset.
I am basing my line item estimates on my parents' real life experiences with the monthly costs for their Designer Lily model in the Buttonwood neighborhood. It's about 1900 square feet and was built in 2006, I believe.