Buying a house versus building it. Which is better?

Published: Tuesday, Sept. 25 2012 2:54 p.m. MDT

While buying a pre-built home may be easier, building your own home could save you more money, according to The Christian Science Monitor.

Though pre-built homes are best for urban areas, following are some questions homebuyers should ask themselves if they are considering building their own home.

Do you know what you want?

When potential homeowners know exactly what they want to put into their home, they can quickly draft plans with little correction, which means lower costs.

Can you provide any of the labor yourself?

Working on your own home can save a lot of costs in labor. Do as much of the construction yourself as you can. If you’re uncomfortable building your own home, you may have to hire someone else, which can increase prices.

Do you have to hook up to city utilities?

City services like water and sewer connections can cost a lot of money. Drilling a well and installing a septic tank are cheaper alternatives.

EMAIL: sparker@desnews.com

TWITTER: @SeanRParker

Get The Deseret News Everywhere

Subscribe

Mobile

RSS