How To Affordably Build Your Own House

By | April 8, 2016

canstockphoto10256636For many of us, the idea of building our own home seems off the table. How could we ever possibly afford to build our own design, when buying an existing one is hard enough? It’s not within the realms of possibility that you could build the home of your dreams without breaking the bank. If you’re hoping to do it successfully, however, you’re going to need to be clever about it. There are all sorts of measures you can take to ensure that your finances don’t go into the red. No one ever said it’d be easy, but it doesn’t have to be the mammoth task that it appears on paper, either. We’re going to take a look at a bunch of ways in which you can build your own house. Let’s get started.

Consider Your Budget Carefully

Before you even think about building your own house, you need to have a detailed idea of how much you can realistically afford to spend. Remember; problems will arise throughout the building process, and you’re going to need to deal with them. Put some money aside in case you run into troubles. You can’t afford to spend every last penny on your build.

Bigger Isn’t Always Better
Yeah, we all have the dream of living in a giant mansion of a house, but let’s be realistic. If you’re planning to a build a house for you and your partner, you don’t need a giant structure, do you?

Two-Story Plan

In a lot of cases, the wider your build, the more you’ll have to fork out. That’s because you’re taking up a bigger space of land in the process. Instead of building wider, why not build taller? If you need that extra space, having a two-story structure saves on extra land but still provides you with what you need. This is a common alternative that people often utilize when they need extra space on an affordable budget.

Thinking About Materials

Materials are one of the most important costs to consider when building your new home. Ideally, you’re going to want to find a middle ground when it comes to performance and cost. The ultra-expensive materials are going to last the longest, but they’ll be out of your price range. Similarly, the cheap stuff will be affordable, but won’t last. You need to factor the design of house that you intend to build in your considerations as well. Don’t neglect the quality of your materials as they will affect the value of your home considerably.

Shop Around

Following on from our last point, shopping around is crucial. Assuming you’re not physically building the house yourself, you need the best people to do the job. Do plenty of browsing to find the best deal. When it comes to materials, you’ll want to do exactly the same thing. In fact, you’ll need shop around for everything related to your home, including maintenance costs. Keeping the gutters clean and maintaining the structural aspects will eat into your future budget, so factor this in. For example, you’ll need a finish to protect your structure in a log home. Places like Weatherall has it for cheap, so shop around and find yourself the best price.

Open Plan

Every room is going to cost you money. How about considering an open plan layout? If you’re on one floor, you could literally incorporate everything into one room, from the bedroom to the kitchen! If you don’t intend to be that open, you could, at least, partner the kitchen and living room together. Separate the rooms that are necessary, and save money in the meantime with the rest of them. Having an open plan also encourages more bonding time with others in the home, and feels much larger as a result of the open design. Even if you’ve got a small home, it’ll feel much more spacious and roomy!

Clever Plumbing Design

You’ll want to try and keep the heavy plumbing areas in close proximity to each other as best as you can. Plumbing is expensive, and you don’t want to be running pipes all over the home. By keeping it all in one place, you’ll be able to minimize those costs considerably in the process. Of course, you also want to factor this into your initial build plan when you consider room placement. If you think about it when it’s too late, you may have no choice but to deal with those added costs.

Keep It Simple

I get it; this is your dream home, and you want to splurge a bit. The problem is, all those unnecessary design additions are adding big costs to your home. If you want to have a unique roof design or a bizarre layout, you’re going to have to pay for it. If you can keep things as simple as possible, you’re going to save money. Try and find a middle ground where you can be content with your design choices and still keep the prices down. Keep the layout of the home to a square or rectangular shape. These are the most affordable designs out there, so if you want to go crazy with a circular or design, be prepared to pay through the nose for it.

Talk To Others

One of the best ways to affordably build your own house is to talk to others who have done it as well. Having other contacts is invaluable if you’re planning to save some money. Issues will inevitably crop up that you hadn’t considered, and they’ll be able to prepare you for them. If you don’t know anyone who has built their own house, don’t let that stop you. Go online and browse the various forums and websites that are dedicated to this sort of thing. Join a Facebook group about building your own house and you’ll find all sorts of tips to help you. Never underestimate the power of talking to others about their experiences.

Think About Interior Deco

You also need to consider your interior decoration ideas before you start building. Do you have an idea in mind of where everything will go? Are you sure you can fit big items such as sofas and televisions in each space comfortably? Above all, you don’t want to build your home and find you can’t match your decor requirements. Take the time to consider this beforehand. You also might find that you need to cut back on those decor costs in order to afford your dream home. Consider whether you could add to your budget by selling your existing stuff. You could always go to the local charity shop and pick up some replacements in the meantime.

Garage Instead Of A Basement

Instead of implementing a basement in your structure, think about adding a garage instead. Garages don’t add a huge chunk of price to your budget, but they do add value if you plan to sell in the future. Instead of a basement, you can use the garage to store all your basement items, in addition to housing vehicles. While implement a basement in the home would be a nice luxury, it’s an unnecessary one at this point. If you’re on a budget, it’s best to try and do without one.

Don’t Rush It

Building your dream home takes time, and it’s never a good idea to throw money around to get it completed quickly. You’ve probably been in your current situation for a long time, and the best thing you can do is to wait it out. If you have to settle for a longer build time in exchange for paying less, it’s a good idea to accept it. For now, take the time to plan your eventual move and get your finances in order. It won’t be long before you’re enjoying the luxuries of your new home; you’re on the final stretch!

If you’re the type of person who struggles to manage their finances, it’s safe to say that building your own house might be off the cards. You need to be strict with your spending to ensure that you don’t end up in the red. At the end of the day, the affordability of building your own house is placed entirely in your hands. It doesn’t have to be a massively expensive job if you plan extensively in advance. However, if you can’t land on the perfect design idea, it might be a good idea to simply buy an existing property instead. Building a home isn’t for everyone, so give it some real thought before committing.

Above all, have fun! If you decide to build your dream home, let your creative mind flourish! There’s nothing quite like creating your very own living space, so design something you can be proud of. Enjoy!