THREE WAYS TO BUILD A NEW HOME, NARROWING THE SCOPE

New home construction is an attractive option for those who want to build a dream home, eliminate maintenance of an older home, or enhance the features of a previously owned home. Entering the world of new construction homes can be stressful and intimidating to those without experience, especially in the current building climate. There are horror stories of shoddy work, delayed schedules, and overrun budgets. It is more important now than ever to enter the new home construction process as knowledgeable and prepared as possible.

There are primarily three ways to enter the new construction process. Listed below is a brief overview of those choices as well as links to more detailed articles on each type of home and what to expect from building each type. These articles were crafted to not only help kick start the building journey but provide ample information to take the guesswork out of the new home building process.

The first step in the building process is to narrow the scope by exploring these 3 choices and recognizing which one fits the budget, timeline, and personal preferences.

1. Custom Home

Pros:

  • Better customization to fit individual needs

  • Better control over quality and materials

Cons:

  • Most expensive way to build a new home

  • Longest timeline to build

2. Semi-Custom Home

Pros:

  • Well thought out customization

  • More manageable costs than a custom build

  • More predictable schedule

Cons:

  • Less control over exact specifications and preferred customization

  • Generally, more expensive than a “spec home”

3. Spec Home

Pros:

  • Generally, the lowest cost to get into a new home

  • Quickest timeline for getting into a new home

Cons:

  • Generally, little to no customizations

  • Little to no control over specifications and quality

 
 
 

Your new home awaits.