It has been my dream to buy a small house or a van to live in for quite some time. I’ve never done it though because the circumstances weren’t quite right. Well, sometimes the circumstances were right but I came up with some other excuse because I was afraid to actually take this step.
I’ve decided it is time to actually do this. I’m interested in the house in the picture. It is currently for sale for $15,000 but is already under contract. If the buyers back out I plan to buy it if it doesn’t have any major problems. The house is rather small at 504 sq. ft. and has 1 bedroom and 1 bathroom. That will be big enough for me.
If I can’t buy this house or find a similar deal than I’m going to go ahead and buy a van to live in. This would be a lot cheaper upfront although probably more expensive in the long run. The real estate agent is going to let me know in a couple of weeks if the house becomes available again. In the meantime I’m perusing the real estate listings and vans for sale to find another deal. My goal is to have a house or a van purchased by the end of next month.
I’m not sure of the current market in KC but $15k for a 500sf house seems a bit low from my perspective. As long as there isn’t some serious structural faults or electrical problems, the rest is just cosmetics. How handy are you with DIY projects?
Good luck with your search.
JerryB – The house isn’t in KC, it is in a small Missouri town. You can certainly buy a house for $15,000 in KC but it wouldn’t be located in a neighborhood you’d likely want to live in and it probably would have major problems.
Cute house. And what a GREAT price. I hope it works out for you.
That sounds like more than enough room for anyone. I’ve never really understood the allure of buying more house than you really need.
Will you live in the van full time or just for traveling?
I hope that it all works out for you. I would just look at it as what is meant to be is meant to be. If the house doesn’t work out than the van should.
Good luck! That looks like a great deal if it all works out!
All – Thanks for the encouragement.
Daizy – I like the idea of living in a van full time and I plan on traveling almost full time. These plans might change though.
Do you live nearby? I’d be careful to see the house before buying it. But other than that, I think it would make great reading to see you buy and live in a house for $15k.
Check out this link (feel free to remove if you want):
http://www.newsweek.com/id/201838/output/print
Jonathan – The house is in the small town that my mom lives in. I would check it out in person before buying it. The house is already under contract to someone else but if they don’t finish the deal I’ll try to buy it. Provided I like it, of course. I had read that Newsweek story already but thanks for the link.