If I wanted to locate a mini home on private land, how much will that cost?
The decision to locate a mini home on private land brings a lot of variables into the mix. Each variable can provide an advantage or could incur an added cost. Here is an example:
Approximate Costs for Developing a Parcel of Land for a Mini Home: | |
COST OF LAND: | $30,000 – $80,000 |
TAXES: | 1.5% of the purchase price of land |
LAND CLEARING & ENTRANCE ROAD: | ~ $10,000-$15,000 (up to 100ft of driveway, including culvert) |
HOME SITE PAD PREPARATION: | ~$4,000-$5000 |
WATER SUPPLY (WELL): | $10,000 |
SEPTIC FIELD: | $20,000 – $40,000 |
ELECTRIC (POLE INSTALLATION): | (1st 125ft of line is free) additional poles can range from $800 – $1,500 each, pending site visit by NSP planner |
LANDSCAPING: | ~$5,000 |
LEGAL FEES: | $1000 – $3,500 |
POTENTIAL REBATES? (GOV’T) | Up to $3000 PST rebate + 36% GST rebate |
OTHER FEES (MAY OR MAY NOT BE APPLICABLE): | |
SURVEYOR’S FEES | $1,500 – $3,000 |
APPRAISAL FEES | $500 |
PERMITS (blasting, occupancy, etc) | Anywhere from $500 – $5,000 |
UTILITY SERVICE CONNECTIONS | $100 – $500 |