Re: Building a Home Vs. Buying a Home
Hmmmm, I would do a lot of research. I would love love love to build a custom home, we have looked into it and I even have a good friend who is an architect. IT is just so crazy expensive where I live. I just assumed it was a pretty expensive option overall, and that this is why it so rare for people to build custom homes. We have been looking into it as land prices have been falling pretty substantially in recent months.
For a house the same size as ours, similar land, we are looking at $750k vs. the current $500k our house is worth. & that is just upfront quotes without all the little things that can really add up and put you over budget. Our house is pretty new, but you figure the cookie cutter houses of course have a huge discount vs. doing it all yourself.
Just do a lot of research and make sure this really is a lower cost option. Maybe there are cheaper options and you are not talking about an entirely customized house?? & I look forward to everyone else's advice. I would love love love to build a custom home.
& definitely think resale!!!! We have been looking to move and have seen some weird stuff out there. A lot of custom homes we have looked at. We don't have a fireplace ourselves (another story for another day) and I wonder how much that will hurt us when the time comes to sell...
The energy efficiency and feautres on newer homes are amazing, and less maintenance by far if it is done right.
Good Luck!!!!
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