On Priorities
Posted on | September 24, 2008 |
We’ve been asked by our designer to rank the importance of a number of factors and how much they play into our decision making process. We decided that rather than rank them from most to least importance that we would instead group them into one of three categories. Must Have, Want to Have and Nice to Have. We also added some of our own in italics at the end of the lists.
MUST HAVE
passive solar
no leaks or mould
energy efficient
budget $300
lots of storage
open planning (on main level only)
2 baths
3 Bedrooms
good sized kitchen/pantry
WANT TO HAVE
view of lake
modern
away room
play room
organized cohesive (need clarification)
2 - 3 storey
2.5 bath
deck off main living
NICE TO HAVE (but not essential/can add later)
grade access
4 bedrooms
deck off master
schedule
decks off bedrooms
office loft space
durable finishes
screened porch
window seats
While all of these things would be great to include in our home, we realize that we may need to make some concessions here or there. I think the most interesting item of all in here is the schedule point. I’m wondering how much we can affect our budget simply by stretching the build time out over a longer period. However, I’m also wondering how much our bank would like that. Where we will be having a draw-type mortgage to help pay costs along the way, I highly doubt that they would let us take 2 years to build the house.
Does anyone have experience with that? How does the length of the build affect cost and will your bank crucify you for taking too long? I’m reminded of a phrase on a poster at one my printers offices: You can have it Good, Fast or Cheap. Pick any two. Personally, I’m inclined towards Good and Cheap. We’ll see how possible this is.
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