First time ground up building my Certified Passive House!

[Jake Boyer]

Investment Info:

Single-family residence other investment.

Purchase price: $333,000
Cash invested: $1,180,000

Design and construction of my certified Passive House! If you don't know what it is, google it and learn about the way of the future! This started as a pipe dream that recently came to reality! I bought the property over three years ago and through countless challenges, I moved in last March! This was vacant land, that I later found out the old house had been demolished and buried on site! What a mess...

What made you interested in investing in this type of deal?

Green, sustainable building is one of my passions and I alwasy wanted to design and build my own home. Never did I anticipate doing it all on my own, but I made it happen!

How did you find this deal and how did you negotiate it?

Found the property when I was casually browsing redfin one day, looked at it the next day and put an offer down the next.

How did you finance this deal?

Cash for the lot, then construction loan for the build and rolled into mortgage

How did you add value to the deal?

Took it from an empty lot with a buried house to the nicest newest house on the lake, and the most energy efficient house in the area x10

What was the outcome?

Certified passive house, producing more energy than it consumes and providing my friends and family a beautiful place to spend time at.

Lessons learned? Challenges?

More than I can possibly type here... I literally did everything from renting an excavator and digging the hole to craning panels in place, and the majority of the finishes. Could have been done in 4-6 months thanks to the prefabricated wall assemblies, but I was building this while working a full time job and only had a couple guys working for me part time.