Q:

How do you find the cheapest way to build a house?

A:

Quick Answer

A few key elements to building the cheapest house is getting the right piece of land, the quality and type of materials used, and finding the right contractors and workmen. A home’s design can also significantly influence the cost.

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Full Answer

A good way to cut costs is to buy a larger piece of land and then divide it up between family members and friends. Choosing less-than-premium areas and avoiding oceanfront or lakefront properties is also economical. A clear understanding of the desired design, plans and materials required is essential. These factors must be budgeted keeping in mind actual market prices and the costs of labor and transportation. Understanding pricing also helps with selecting the most competitive bid from subcontractors and workmen.

Choose stock house plans over custom plans, and select builder-grade materials such as vinyl sidings and metal for the roof. This also helps to keep down maintenance costs in the future. Select flooring and fixtures based on their usage and visibility. Get the best quality for the areas that are the most visible, and choose used and more economical options for the other areas. The design of the house and even the shape of the rooms can affect the cost. Simple rectangular rooms are the most economical.

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