Housing History

Guess there is a new trend in blogger land (well, at least in the Netherlands). Several of our blogging colleagues have been reviewing their housing history. In short, they told us how they lived in their lives, from the moment they were out of school/University. Including some explanation on why they did what they did, costs, prices and more. They sometimes also noted what their plans are for the future. Guess it’s our turn next 🙂

Housing History

To put it mildly, we did not sit still for very long (or we are getting old, you pick). Over the last 12-13 years we have lived in many different type of properties in two different countries. We owned and we rented, in both countries. The latter was usually the best option if didn’t know how things were going to develop in our careers/lives. It’s also the “mandatory” place to start when you have no money 😉

Housing History - Think big! Well maybe....not.

Housing History – Think big! Well maybe….not.
Source: https://www.homeaway.nl/info/meer-info-voor-reizigers/top-10-lists/romantische-kastelen

The Start

Our living journey overlaps a bit with our student days. As Mrs. CF was still living in her 20m2 (215sft) student condo during the first 3 years after she graduated. She had a shared kitchen and bathroom and paid about €270-300 per month for the place I believe (including utilities).

At the same time I was living in a 35m2 (377sft) social housing condo. I was fortunate enough to have my own kitchen and bathroom. For this unit I paid about €350 per month, utilities/taxes came separate. We were living about 40km from each other during these days. Because of where we were working at that time we often used each others condo’s to live in, saved a lot of commuting time!

Housing History - Small Condo

Housing History – Small Condo
Source: http://www.inrichting-huis.com/klein-appartement-van-38m2/

Fun fact, this first “grown up” condo for Mr. CF was actually huge compared to the previous student room(s) rented prior. That was a mere 11m2 (118sft) divided over two rooms on either end of a hallway (with shared bathroom in between), but it had it’s own “kitchen”! Needless to say that was rather small but with fun house mates.

Moving Up

After we decided that we really liked each other, we moved in together. We found a nice condo that we could rent for about €650 per month and was “huge” compared to what we had been living in prior. The condo had 4 rooms as was 70m2 large (753sft). So we had more space, spend more time together, and we were still paying about the same!

Before we moved into this condo Mrs. CF did look at buying a place of her own, but could never find something affordable at that time on her income. This was also when we discovered we really like house hunting!

Housing History - Bigger Condo

Housing History – Bigger Condo
Source: https://www.rtlnieuws.nl/cookiewet?html5=true&referrer=https%3A%2F%2Fwww.rtlnieuws.nl%2Feconomie%2Fhome%2Fruim-15-miljoen-euro-voor-duurste-appartement-van-nederland

Moving Abroad

The next step in our adventure was to dump all our stuff into a sea container and fly to Canada. We were lucky enough to have a fully paid for furnished condo to our disposal when we arrived. This gave us the ability to look around for a rental place so we would be covered for the first year. Obviously we didn’t have the ability to purchase a property yet, nor did we want to. When arriving in a new country you want to be flexible to be able to adapt to your new life.

The place we found was a 130m2 (1400sft) detached house with attached double garage! Coming from the Netherlands, we were so not used to this amount of space. We loved it! And started to fill the garage with one nice car, a motorcycle, bicycles and a BBQ….(oops). We paid about €950 ($1.500) per month for it (based on todays exchange rate).

Housing History - Canadian Style

Housing History – Canadian Style
Source: https://www.point2homes.com/CA/Real-Estate-Listings/SK/Saskatoon.html

After about a year we decied that Canada was a very nice place to live and wanted to stay there longer. But renting was out of the options, as it was considered “too expensive”. This was before we realized the amounts for maintenance costs an property taxes! As the house prices had just stabilized from the crisis years, and the interest rates were pretty low already, we made the plunge into home ownership.

The first house we bought was 205m2 (2.200sft) without the basement developed. We did that a couple years later and added another 75m2 (800sft) in living space to it. Getting to a total (and very ridiculous) 280m2 (+3.000sft). The house cost us (including fees, garden and basement development) a total of €315.000 ($500.000). Yes, we used to own a half million dollar house! My fault, lesson learned and won’t do that again, unless it’s a rental property 😉

Moving Back

After Miss CF was born we decided to change our housing history once more and move back to the Netherlands. Because we had no jobs we decided to rent a house once again. We found a deal via Mrs CF’s father and landed our butts in an old farm house. As we were ready to downsize, we would have taken anything, but still ended up with whopping 220m2 (2370sft).

Housing History - Farm House

Housing History – Farm House
Source: https://www.monumentenverbouwen.nl/renovatie-restauratie/oude-boerderij

We only paid about €800 per month for this place (it’s condition matched the price, in case you were wondering). However, we also had a huge heating bill! The place had virtually no insulation (and mold in the basement). It still was a pretty cool place to live for a while and we enjoyed the place quite a bit. The house had “character”, shall we say.

Second Home Purchase

After we had settled and found jobs again, it was time to buy another property. One that we could potentially modify and rent out in the longer term. We were definitely not looking for a “forever home” this time around. The last time we did it got us 280m2 to clean, heat and maintain! We’ve (more specifically me) learned that “more space” does not equal more happiness.

It took us a few months of browsing, and a couple “near miss” purchases, before we got our hands on our current house. We now own a 125m2 (1345sft) house consisting of two floors. The price for this house was (including fees) €200.000. Our current mortgage payment for this place (interest and principle payments) is about €626 (excluding any tax returns on the interest). It’s still owned for 86% by the bank 🙂

The Future

The next step is to move again! We will split our house into two rental units and move out ourselves. The current plan is to move into one of our current rentals. This unit is “only” 77m2 (828sft) and has no more mortgage associated with it.

We will however take mortgage on the property to have more money to reinvest into other assets. As it’s a nice place and situated in a good area, we probably could get a €150.000 low interest mortgage on it. That gives us a lot to work with!

Housing History - Tiny House

Housing History – Tiny House
Source: https://www.curbed.com/2017/12/1/16723858/tiny-houses-for-sale-rent-canoe-bay-wisconsin

Anyhow, it’s a nice little semi-detached house and situated near some green spaces and water bodies. It’s a good place to live and it much closer to family. The latter will make Mrs. CF a happy woman, and a happy wife is a happy life, so onwards we go.

Other Bloggers

Fellow bloggers that posted about their housing history:

 

How about you? Where did you live and how has your housing history developed over the years?

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16 comments

  1. Nice trend! I’ll wait a little with mine, because I am about to write a next chapter in my housing history 😉

    So far it is also a bit too simple to write a whole blog post about: renting rooms – social housing – breaking up – back to renting rooms – back to social housing – buying my first apartment – still owning that first apartment. That’s all 🙂

    1. We are very curious to see the next chapter in your housing story!
      Somehow, knowing your writing capabilities, I have a feeling that you could write a pretty good story about your current housing history (hint hint) 😉

  2. Nice, these housing stories. I might take it internationally…! Or to Belgium at least.

    Not sure that I could live with 3 in a 77 square meter house. It never hurts to try…

    1. Not “could” but “want”. It’s really easy, the house was used in the 1950’s for a family of 8!

      Please do take this internationally! Be cool to see some stories from around the globe.

  3. Well, my opinion is: too much space => too much stuff => too much for cleaning AND more expenses ( taxes/heating etc)
    My balance was around 70mp2, now at 86mp2 is a little too much.

    Yep, I am a sloth too 😀

    1. We like and agree with you opinion! The 280m2 was nice with just the two of us, but once we got dog(s) and a baby, it turned into a nightmare! And we haven’t even talked about the expenses yet 🙂
      Strangely though, our favorite financial Freedom Sloth has 350m2 apparently, not sure how that works!

  4. Housing History Canadian style made me chuckle. It’s pretty typically canadian to have too much space that you then feel the need to fill. Unless you live in Toronto! Reality here is 500-600 square feet.

    Love your next step in housing! If most of my job opportunities weren’t in the city, I’d be tempted to head in that direction.

  5. I would definitely not want to go back to living on 77square meter!
    The girlfriend and I discovered we both need our space so from an early retirement view point our current house (old farm with 350 square meter house – we have a big guest room and a small guest room- and a barn and stable we have no idea what to do with) is insane, but from a happiness view point it is well worth the extra years of working. Because both of us not working + small house = murder and mayhem!

    1. We are much more civilized 😉 Also, not sure how much time we will actually be spending inside, so much fun stuff to do elsewhere!
      Also, living in a big house is very nice (especially when you have the time to clean/have a cleaning person), but it’s just not worth the money for us.

    1. In hindsight we probably should have done some AirBnB or something in that huge house. But the whole FIRE thing was not really in the picture yet!

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