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by tejohnso 3429 days ago
Most people talk about land being the main cost barrier, but there are plenty of other costs that add up to the point where you're better off buying a standard resale home.

Having acquired land and being accustomed to living in ~600sqft all my adult life I thought I could build a reasonable living space for about $50,000. Once I started looking into it I ran into:

  - land clearing / prep ~$10,000
  - utility hookups and equipment ~$15,000
  - impact fees & permitting ~$5,000
  - foundation ~$5,000
Then comes the actual house construction. I was hoping for a company that would provide a livable shell that I could then improve upon while living in it. Long story short, it just didn't work out at the price I was hoping for.
1 comments

I'm curious if you would share the additional costs you found beyond the land/clearing. And what area of the country are you looking at?