How much does it cost to build a house?
Most of the people would answer to this question by simple (or not so simple) calculation of the expected costs. The method is simple, all you need to do is to sum up the costs for property, building materials, hiring contractor, installations etc. and then you get a clear picture for the real price of your new home. Others would calculate the value of your house by comparing it with the certain price of the properties for sale in the area. Instead of building a house, it might be a better idea to buy your home. You can make an investment by buying an old house and then put your efforts, time and money in improvements and renovations. At the end you will have the home you want even if you have not built it from a scratch. There are enthusiasts who would prefer to build their own house from a scratch.
Build a house for cheap money
The main goal is to have the home you have always dreamed about. If you choose the variant to build your own house, take your time to find the right companies and contractors you will be working with that will give you a good idea about the investments you will need to make and all the expected and unexpected costs that you need to include in the budget. However, the costs for building a house are not only material. The whole process of building, arranging, deigning and decorating are very time consuming. You will “pay” with your time and all the missed moments with your loved ones. The faster you want to achieve the goal of building your house, the more committed you need to be to the project. This means that you can forget for some time for doing the things you love, for spending time with your friends and family. Traveling around the world will also be put on hold. Not only you will not have the free time as before, but you will invest all your savings in the project.
Find out more at http://en.wikipedia.org/wiki/House-building