Financing a cottage: Cost breakdown
You’ve been looking for the perfect cottage for what seems like ages, but finding a home that meets your needs continues to be a struggle. It always seems to come back to the same discussion: “Wouldn’t it be nice to build our dream cottage so we can achieve all our wish list items?” But determining what the costs are of building a new cottage isn’t all that clear. The answer, like most things, is: It depends. But understanding where the costs go and typical ranges for each will help you get closer to establishing an ideal range for building a cottage:
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Building your dream cottage is an investment. Not only is real estate a strong asset, the memories you’ll build in the cottage with your friends and family will last a lifetime.