The Pros and Cons of Building Your Own Home


| 3/13/2017 10:01:00 AM


building

Building your own home takes a big investment of time and money. If you’re trying to decide whether it’s the right choice for you, this list of pros and cons is a good place to start.

Advantages of Building Your Own Home

Get the home you want. When you buy an existing home, you get what someone else wanted. Even if you have a home built for you, you’re often using someone else’s plans and preferred fixtures.

When you build your own home, you get exactly what you want. You pick the design, select the materials and put everything you desire between the four walls. If you have a clear vision for how you want your home to look and feel, there’s no better way to achieve that vision than to build it yourself.

More control over the process. Let’s say you decide to build a portion of your own home and leave the rest to a professional. Even with a partial DIY home, you still have more control over the building process than you would with a typical contractor-built home. You work in partnership with your building team to create the home on your timeline and to your specifications. This can be a great compromise for some people – it’s not quite as much work, and you still have the joy of knowing you participating in creating your dream home.



Know exactly what materials are in the house. This can be particularly important for people with allergies or chemical sensitivities. After all, the materials used in your home can mean the difference between sickness and health. But knowing what building materials go into your home is also important to people who want green or high-performance buildings – or even people who are meticulous about getting what they want. If you hire a builder, you may always wonder if they really used the no-VOC carpet glue or eco-friendly paint you wanted. When you build your own home, you don’t have to worry.

Neil K
4/25/2019 9:00:26 AM

Good article. I'd add another "con" with building yourself: financial cost people don't consider when dreaming about doing it themselves. Most financial institutions are reluctant to lend to a DIY homestead. Also there are a few large costs people forget about when dreaming about building your own place: septic, well, electricity and road/driveway. We bought five acre plot in a 20-plot subdivision with only a private road installed, in an unincorporated area so building permits and inspections are not part of the process. We are building ourselves. Numerous people have purchased surrounding 5-acre plots, with the plan to build, or at least oversee the construction, only to sell plot within a year or two when they find out they need to first put in their infrastructure and did not anticipate these needs. In our area these items are not, due to state or county restrictions, DIY projects and may cost the homeowner $50,000; wells are typically drilled 375-500 feet. Septic systems, including what type of system, are controlled by the county, and must be installed an maintained by a licensed professional. Utility installation needs to be accomplished by professional. However, if one goes into this type of project with realistic goals and understanding of the pros and cons it is an enjoyable and rewarding endeavor.


Ingrid
1/11/2019 8:25:08 AM

I found this article to be detailed and very resourceful. As a recent homeowner, I think it's very important that we consider all the options that we have available to us and let me tell you, First Florida has been there every step of the way! If you're looking to build a luxurious home, remodel your kitchen, or even add a stylish wine cellar, I highly recommend you contact them. They work hand in hand with you to provide a high quality finish that suits you. It’s because of them I now have my dream home. But don't take my word for it, check them out at https://www.firstfloridainc.com/.






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