(Closed) To Build or Not to Build

posted 6 years ago in Home
  • poll: What would you do if you were me?
    Keep looking for resales, building sucks! : (4 votes)
    27 %
    Build that brand new townhouse and cut out the headache! : (4 votes)
    27 %
    Step away from the market altogether, get the wedding out of the way and start over. : (7 votes)
    47 %
    Other (plz explain) : (0 votes)
  • Post # 3
    Member
    2280 posts
    Buzzing bee
    • Wedding: April 2011

    We’re nowhere near this point yet, but Darling Husband and I would like to build a house eventually.

    What scares me about building isn’t the work involved (it’s a LOT of work); it’s the fact that so many new builds are complete and utter pieces of crap where the contractors/builders take shortcuts to lower the house price. It results in drafty homes, leaks, water damage, mold, poor air quality, electrical problems, fire hazards, weak foundations, higher monthly bills, shorter lived homes, ugly facades, you name it.

    I would be EXTREMELY careful about choosing the people you work with. Make sure you do your research on EVERY step of the process, and don’t trust a chain until you’re convinced they’ll build you a good home. A quick google search reveals at least one website devoted to Ryan Homes Nightmare stories, so…

    Post # 5
    Member
    3539 posts
    Sugar bee
    • Wedding: August 2010

    I really think you have to go on word of mouth referrals for a builder and also make sure the builder is licenced with a reputable accreditation.

    We built our own house. It took 4 – 5 months. It was a lot of work and a bit of stress. Simply because we were doing it on a budget and its sometimes very hard to visualise things.  We are in now and sooo glad that we did. Its all in colours etc we like fittings and all that too. Also we got a builder that has decent insurance and it has a lifetime warranty on the house. Meaning… if its structurally goes to crap. They come in and fix and do whatever, they are obligated.

    But its just best to research. We worked out it was cheaper for us to buy a block and build than it was to buy an established house (same price range would get us a 10 year old house, that I would have to renovate) That was our deciding factor in pushing us to build.

    Post # 6
    Member
    1944 posts
    Buzzing bee
    • Wedding: June 2009

    We built our home as well. You are still going to deal with the stress of banks and loans, so you are not out of the woods there. I’ll be honest and say I’m not a fan of national known builders like Ryans, MI, Dominion all for the reasons a pp stated. I’ve seen these homes, have friends who have them and they do not stand well over time. We went with a smaller, custom builder and I feel you are less likely to get a cookie cutter home that way. We’ve been in our home over 2 years and never had to use our warranty to have anything fixed. But we were also willing to be patient, home building should take time and not be rushed and spend for quality things like flooring etc. Think long term too. Do you ever plan to resell? The problem I have with developments is I can find 3 just like it in the same neighborgood so why would I buy yours? Resale value in these terms is not good in my area. Do your research.

    Post # 8
    Member
    14495 posts
    Honey Beekeeper
    • Wedding: June 2011

    I think that alot of it depends on your area.  I agree that I am not a fan of national companies, unless you or your FH has alot of building knowledge, I don’t think that their work is all that great.  My Darling Husband used to work for one of those companies, so we have some background with them. 

    If you have the time, go and meet with some local builders and find out how much you are looking at for what you want out of a house.  In areas that have alot of inventory on the market, you may be better off buying something on the market and redoing it to meet your needs.  Here, there is not alot of inventory and prices really haven’t dropped that much compared to the coastal areas, so building for us is going to end up less expensive.

    Home Depot and Lowes both carry building programs that you can buy for your computer that you can design your home and put in your area and will give you approx. prices for building that home.  From our research in our area, the prices are fairly close.

     

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