What Is The Cheapest Way To Build A House?
Building your house can be a fantastic way to ensure your future home has everything you’ll need to be happy and content. However, the process can be costly, especially if you’re not taking careful steps to ensure you’re not going overboard and exceeding your budget with fancy features and amenities you don’t need. Thankfully, our experts at My Site Plan are here to explore some of the best ways you can construct your home as cheaply and inexpensively as possible!
Related: Is It Cheaper To Build Or Buy A House?
How Do You Build an Inexpensive House?
The cheapest house that people can build per square foot is typically a one-story ranch-style home that’s built on a slab foundation with a simple roof design. Because of their smaller size and basic structure, ranch houses are an exceedingly popular choice for those looking to construct an inexpensive house on a tight budget. They even offer the benefit of being highly customizable, so you can develop a house that fits your needs without breaking the bank. If you need to save more money, you can get even smaller with your plans and construct a tiny house instead.
Beyond that, there are many steps you’ll want to take to help keep your home construction costs as low as possible.
Budget, Plan, and Price All Items and Amenities
When building a home for as little money as possible, it’s essential to create a specific budget and stick to it. Be sure to note any changing prices for materials and adjust your budget to keep from going over your limit.
Keep Your Home’s Design Simple
Keeping your home simple will be relatively easy with a ranch or tiny house, but it’s still possible to accidentally go overboard with your home’s design. Making things too complex will add up significantly and begin to eat away at your budget, so try to stick to simple designs, especially when it comes to your roof!
Related: What is the Cost to Frame a House in 2022
Get Your Design Plans Approved
Building a home without getting your plans approved can result in many hefty fines if you’re not careful. It can also cause a lot of wasted time and money if you’re forced to go back, redesign many elements, and then wait for approval after the fact. Get all of your plans approved by your city and county before construction starts to save yourself a major headache later.
Pick Your Building Materials Wisely
Different building materials will have different costs, so pick your materials carefully to help keep your house construction affordable. Some of the most affordable materials you should consider working with include;
- Prefab panels
- Precast concrete
- Shipping containers
Also, look for sources of reclaimed materials and ask suppliers if they offer builders discounts. Taking these steps can help save you a lot of money in the long run!
Do you require access to a quality site plan to receive all of the permits needed to move forward with your construction, demolition, or renovation projects? Our team of specially trained experts at My Site Plan is here to help, so please don’t hesitate to contact us today!
Work With an Experienced Home Builder
Working with an experienced home builder can help prevent accidents or missteps during the construction process, which will make up for the excess cost it might take to hire them initially. They’re also likely to have a lot of money-saving ideas they’re willing to share with you.
Become a General Contractor
Becoming certified as a general contractor can save you the costs of hiring one out of pocket. However, you should only consider going this route if you have some skills or knowledge regarding construction. And even then, you’ll likely want to work with a subcontractor to ensure everything is done right.
DIY As Much As Possible
Building a home yourself has never been easier since there are so many quality DIY tutorials and guides online for people to follow. DIYing a lot of your home construction can be a great way to save money!
Related: How To Add Space To Your House: Home Addition Ideas
Frequently Asked Questions About the Home-Building Process
Before finishing up this article, we would like to take a brief moment to explore a few common questions regarding the house construction process.
What's the most expensive part of building a house?
The answer depends on several factors, but the most expensive part of building a home will typically be the piece of land you purchase to build on. Beyond that, the house’s foundation, framing, and plumbing will also cost quite a bit, especially for larger, multi-story homes.
What is the cheapest way to build a foundation?
To build the cheapest possible foundation, it’s typically best to stick with a low-cost concrete slab. These are generally the most affordable and quickest foundation option available for new homes.
How do I estimate how much it will cost to build a house?
This can be tricky because it involves a wide array of factors, including your home’s floor plan, any luxuries you want to include, the company you partner with to construct the home, and even the time of year! Generally, you’ll want to start by determining your home’s cost per square foot. Most new home construction typically costs between $100-$200 per square foot but can shift to more than $500 per square foot for more luxurious homes.
Final Factors to Consider
Building your home can be a unique and rewarding experience, but you’re probably going to need help to get everything done! Thankfully, our team of experts at My Site Plan is happy to help you get started with your home-creation dreams today! Please get in touch with us to learn about the vast array of services we offer and get your hands on a top-quality site plan that will help you obtain all of the construction permits you need to get started! Also, please consider exploring our selection of other educational resources for even more information on all your home construction, renovation, and demolition inquiries!
Are you currently building your dream home but need a little help getting your hands on all of the required permits and documentation required to keep moving forward? Our team of experts at My Site Plan can help!
- Ryan Crownholm