
Photo compliments of tincancabin.com
This is the second installment of Operation Debt Free Housing.
Before I get into the reasons why we didn’t choose to pursue the path of building a shipping container home, I would like to offer a little advice to single men, women, and couples without children. If you are in one of these positions, and have just recently opened your eyes to preparedness, resist the urge to buy a conventional home like our culture expects you to. The prequalification process has become more like vanity sizing….no we can’t actually afford what we were prequalified for, and taking out a loan for as much is the fastest way to becoming a slave to debt. Do yourself and your future children a favor and live in a camper, renovate a shipping container, build a house out of pallets, insulate and add plumbing to a barn…don’t invest in anything you can’t pay off in 10 years, but aim for less than three. Better yet, save up and build as you can afford it. Use the money you save on building a “real house” that is paid in full. On a mortgage of $200,000 at a 5% IR, you will pay $186,511.58 in interest over the course of your mortgage. Roughly double. I regret not making this decision before I had children. Children change the amount of free time you have to work on a project like alternative housing, your available capital to invest in the build or renovation, the acceptable standard of living during the build, and of course the size of a home needed.
My love affair with the shipping container house proceeded as follows:
Advantages:
- A shipping container offers a complete structure that can be added onto with minimal planning. You could technically sleep under the roof the first night it arrives.
- A shipping container home allows for exceptional security in terms of home invasion. All the exterior walls are made of steel and you can design your doors to have steel flaps.
- Shipping containers are relatively inexpensive, meaning the cost of your unfinished structure is very low per square foot. A 45’ by 8’ shipping container can be purchased for $1720.00 without shipping. A little math plus a lot more welding and you can have a 1440 square foot home (4 containers) for $6880. Woah. But that doesn’t include things like dry wall, flooring, electrical…etc.
- Getting the design approved by the powers that be is a lot easier than other alternative housing methods because these containers are already rated for safety and are built to withstand loads encountered in transoceanic shipping.
Disadvantages:
- After looking at the tincancabin’s set up of three containers raised over concrete piers, I immediately envisioned the scariest vulnerability of a family holding up in a tin can retreat- a fire underneath it. I’m not sure what baking to death would feel like, but I am uninterested in that as a potential vulnerability.
- Being a good welder is a prerequisite to building this type of a home affordably and having the ability to modify it along the way. Welding can be dangerous however, and it takes time to gain confidence.
- Condensation can be a problem. Condensation can lead to mold, and mold to certain death.
- The only person we can find who has built a shipping container home out of more than one container states that his cost per square foot was 80 dollars a square foot. Zillow is reporting that housing prices are falling by at least 1% a month, so that doesn’t exactly make this a cheap option in this real estate market.
- Resale value. You would have to do a lot to make a shipping container house-like enough to sell to the average buyer.
- Lastly, we prefer an open floor plan, and while not impossible, a large amount of planning for the bracing of walls would be involved.
After crunching some numbers we think it will be around 100k to build a 1440 square foot shipping container home, once you consider dry wall, insulation, plumbing, electric, roofing, foundation, well, septic, and land. We could probably do a little better with a conventional house for money. But, we really couldn’t beat the security of a shipping container home or the sheer awesomeness of doing something different. I wish we could do it cheaper, but this kind of construction might be better off as a small bug out retreat rather than a permanent residence. If you live in a shipping container house or are on a path to, I’d love hear from you.

Photo Compliments of TinCanCabin.com