It has been another busy month at the house, with tremendous progress - dry wall is up and finished, cabinets have been ordered, we are ordering trim and tile. I will try and get some more photos over the weekend, but for now, the budget update. We had somesignificant overage this month - some anticipated, some not so much. The anticipated part was the second half (more or less) of the expected framing material overage. We knew this was going to be over budget, because of the fluctuation in the price of lumber, and were waiting for the final numbers to come in, as framing completed. The not so anticipated overage was for millwork - turns out there was an error in the budget itself, which led to an underestimate on the costs for this line item - we did have a similar error, but in our favor before - these things happen. Anyway, we are still within the limits of the expected, and with many major items behind us, and several more looking on target, we are feeling confident that we can get to the finish line in good shape.
Since we have reached the anticipated half-way point, it is worth commenting on the rate of spending on the budget. It has been pretty steady, and more or less linear, in the sense that with half the time gone, about half the budget has been used. This was one of the major questions we had at the beginning, as we were doing our financial planning - trying to get an idea of how high the loan payments would climb, and how quickly. See for yourself!
Happy 4th of July everyone!
