What is your ERE housing score?

How to avoid signing your life over to a mortgage
pammys
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Joined: Sun Dec 24, 2017 10:55 am

Re: What is your ERE housing score?

Post by pammys » Sat Jun 23, 2018 9:56 am

Now:
5.1 + 0 (combined with work trip) + 190/100 = 7

When moved:
8.1 + 0 (combined with work trip) + 0 = 8.1

Housing goes down, but transportation goes up with move, hmm. Maybe one day the hubby can figure out how to work from home, then we'd still have the grocery trip and not really have any difference. Guess then we would need to be growing more than 50% of our food from home, which is the goal. :)

Jean
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Joined: Fri Dec 13, 2013 8:49 am

Re: What is your ERE housing score?

Post by Jean » Sat Jun 23, 2018 10:09 am

(62'000/400+120-700)/100+0+0=-4.25
own house with mortgage while living in the garage, tenant pays a rent, no working, dumpster food wherever I happen to be while my supply are low, occasionaly walk to the grocery.

A more honest way to put it would be to say
50/100+0+5*0.3=2
Because I lowered the rent to move in the garage, and the big grocery where i can get stapples is 5 miles away, and me walking doesn't make the housing more efficient.

Rossox
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Location: Annecy, France

Re: What is your ERE housing score?

Post by Rossox » Sun Jun 24, 2018 2:49 am

9 miles by car and 9 by bike to go to work = 9+(9*0.3)= 11.7
0 To grocery store
400€/100 = 4

11.7+0+4= 15.7 ... I'm pretty good :)

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Fish
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Re: What is your ERE housing score?

Post by Fish » Sun Jun 24, 2018 4:20 am

prognastat wrote:
Fri Jun 22, 2018 8:44 pm
If we carpool to work and it's the same location(which we do) do we get to half our work commute score?
I'd argue that living closer to work at half the distance is preferable to carpooling the full distance even though you're driving the same amount. But carpooling should be incentivized, so for this situation use the public transit modifier (0.7*distance).

prognastat
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Re: What is your ERE housing score?

Post by prognastat » Mon Jun 25, 2018 8:49 am

Fish wrote:
Sun Jun 24, 2018 4:20 am
prognastat wrote:
Fri Jun 22, 2018 8:44 pm
If we carpool to work and it's the same location(which we do) do we get to half our work commute score?
I'd argue that living closer to work at half the distance is preferable to carpooling the full distance even though you're driving the same amount. But carpooling should be incentivized, so for this situation use the public transit modifier (0.7*distance).
Alright, that would change it to.

11.3 miles to work by car -> 7.9
1.4 miles to grocery store by car ->1.4
$1500/month for 2 adults on housing -> 7.5
Total = 16.8

suomalainen
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Re: What is your ERE housing score?

Post by suomalainen » Mon Jun 25, 2018 9:26 am

2.5 miles to work by car -> 2.5 (I biked this for a month...until I met a car windshield I didn't get along with)
0.8 miles to grocery store by car -> 0.8
1232/2/100 -> 6.2

9.5, but looking to raise it to 30+ :shock:

enigmaT120
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Location: Falls City, OR

Re: What is your ERE housing score?

Post by enigmaT120 » Tue Jun 26, 2018 9:39 pm

Depending on how crappy the roads are with traffic, 11.3 miles is a really nice bike commute distance.

prognastat
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Re: What is your ERE housing score?

Post by prognastat » Wed Jun 27, 2018 9:32 am

enigmaT120 wrote:
Tue Jun 26, 2018 9:39 pm
Depending on how crappy the roads are with traffic, 11.3 miles is a really nice bike commute distance.
Well being central Texas I would arrive at work drenched and the infrastructure isn't there for biking most of it. only 1/3rd at most has any kind of bike lane/shoulder.

Plus even if I did I'd never be able to convince my wife to bike that distance and since we carpool it would mean no savings, counting the wear on the bike means it would actually increase my cost if we didn't both do it. Even more so if you count the time saved by driving in comparison and how much I'd make if I worked that time instead.

sky
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Re: What is your ERE housing score?

Post by sky » Wed Jun 27, 2018 10:10 am

Small town Michigan

Don't work: 0, I walked to work before FIRE.

Aldi 2 miles, Walmart 2 miles, Meijer 1 mile, I will use Aldi because they are cheapest. We drive but could easily bike or walk.

Own house, two occupants: ((96k*0.03/12) + (3k/12) )/2

0+2+2.45 = 4.45

sky
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Re: What is your ERE housing score?

Post by sky » Wed Jun 27, 2018 10:36 am

Other location items of interest:
Goodwill or thrift shop, library, farmers market, park, beach or green area, bike path for exercise, wilderness for camping, healthcare, hardware building supply.

thegreatvoid
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Re: What is your ERE housing score?

Post by thegreatvoid » Fri Jun 29, 2018 10:22 am

@Jean could you post some pictures of your garage. I am really interest in your living situation .

Jean
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Joined: Fri Dec 13, 2013 8:49 am

Re: What is your ERE housing score?

Post by Jean » Fri Jun 29, 2018 9:26 pm

@thegreatvoid
It's not very intersting. I'm waiting for a building permit. There was a wood storage place over it. I moved the wood and cut away a part of the floor, and put a bed on the rest of it. I have about 4 cubic meter.

Jean
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Joined: Fri Dec 13, 2013 8:49 am

Re: What is your ERE housing score?

Post by Jean » Mon Jul 02, 2018 2:14 pm

@thegreatvoid
bOk, I made some crappy pictures

Image
Image
Image
Image

2Birds1Stone
Posts: 387
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Re: What is your ERE housing score?

Post by 2Birds1Stone » Sun Aug 12, 2018 8:54 pm

Score 8.5 = (Distance to work in miles- 0) + (Distance to grocery in miles + 3 * 1.0= 3) + (Monthly cost of housing in 1100/2/100 = 5.5)

Bam!

Work from home, drive 3 miles to get groceries 1x per week, and pay 550 for my half of rent in a 1 bedroom apartment which includes all utilities, Wifi, use of a large yard/garden, in a HCOL area.

The only downside is that it's a basement (but has 2 smaller 1'x2.5' windows and one decent 3.5'x2' one. A separate storage room for our bicycles and a long hallway which acts as a mudroom.

Nomad
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Location: UK

Re: What is your ERE housing score?

Post by Nomad » Tue Aug 14, 2018 7:19 am

1*18.5 + 1*2.5 + 332/100 = 24.3 room for improvement.

however when retired:

1*0 + 1*2.5 + 332/100 = 5.8

shinn497
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Re: What is your ERE housing score?

Post by shinn497 » Wed Sep 19, 2018 7:30 am

Walk to work and grocery. 720 rent.

So 0 + 0 +720/100 = 7.2 :D

Sid
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Joined: Wed Jul 25, 2018 12:22 pm

Re: What is your ERE housing score?

Post by Sid » Thu Sep 27, 2018 6:14 pm

1*1 + 2*1 + 367/100 = 6.67

Where you get screwed is if you have a long commute.

pietfriet
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Re: What is your ERE housing score?

Post by pietfriet » Sat Oct 06, 2018 2:26 pm

8km*0.621*0.3=1.47
2.4km by bike = 0
1000€/m /100 = 10

11.47 doesn't sound to bad but:

- I still need a car for my work, hard to circumvent that one

- shouldn't energy costs, at least for heating, not be included in the formula? Even with lowering the room temp and putting on more/better adapted clothes the isolation of your house makes a major difference in heating costs. Here in NW Europe heating is a bill to be taken in account..

Otoh I try to lower that with my new woodstove and free garbage wood

Sid
Posts: 34
Joined: Wed Jul 25, 2018 12:22 pm

Re: What is your ERE housing score?

Post by Sid » Sun Oct 07, 2018 11:31 am

I would say that this housing score is gives a good general idea of your situation, you could make your own scheme with all the things you find important and weight them appropriately.

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