Dream Home

YOUR OWN DREAM HOME

In this activity you will have the opportunity to select the career of your choice, determine your annual salary and then select the home of your dream from among 10,000 home plans.

1) My Career Choice is: _____________________________

How to: Select the career you are most interested in at the present from the Occupational Outlook Handbook found on the Internet at http://www.bls.gov/ooh/ . Use this same web site to answer questions 2, 3, 4 & 5.

2) The nature of the work I would be doing is (what they do):

Using the information found on the web site above, write 1 or 2 sentences explaining the “Nature of the Work” done for the career choice.

3) The Job Outlook for my career choice is:

Using the information found on the web site, write 1 or 2 sentences explaining the “Job Outlook” for this career.

4) Training and Qualifications required for this career are (How to become one):

List the training and qualifications that are required for this career. Will you need a state license to practice in this career?

5) The median or average annual earnings for my career choice is _________________

How to: The web site may give this exact information. If earnings are given as an hourly wage, convert it to annual earnings by multiplying the hourly wage by 40 to get a weekly earning. Then multiply this by 52 to get the annual earnings.

6) With this career choice, I can borrow approximately this much for a home __________

How to: If you have good credit and low outstanding debt, you can borrow approximately 4 times your annual salary for a home.

7) Total cost of my home cannot exceed _________________________

How to: You recently had a turn of good luck. Your rich uncle died and left you an inheritance of $20,000 which you can apply to the purchase of your dream home. You have also been working extra and saving for a home. You have saved $15,000 you can also apply to your down payment. Add together the amount you can borrow, your inheritance and your savings to get the maximum amount you can spend on your home.

8) In square feet, my home can be this large ________________________

How to: Average building costs are roughly $150 per square foot. Divide the total cost of your home by 150 to get the maximum square footage of your home.

9) Find the plans for your dream home:

How to: Use the web site www.houseplans.com to find a floor plan for your dream house. Click on House Plans and start looking for a floor plan that you like, make sure that the plan is in your square footage range. Cannot be over what you can afford.

*must add any garage, porches, deck or bonus room square footage*

10) Prepare assignment to turn in and be graded.

How to: After selecting the plan of your choice, print the houses main page along with the floor plan pages. Attach the printed pages to this assignment and turn in when completed. If you cannot print your floor plan off, write plan # here ______________