Can you Build your Own home?
So he took matters into his own hands and got to work on his house in January 2014.
According to the U.S. Census Bureau, he was one of 50, 000 Americans who built a home that year, the average cost of which the National Association of Home Builders puts at a cool $305, 000. For Gregory, and many Americans, building trumps buying any day. Not only does it “give you a very personal relationship with your house” according to Gregory, but even people who purchase an existing home often end up pouring money into renovation regardless. (If you learned anything from House Hunters, it’s that a house without granite countertops is not a home.)
The remodeling market is estimated at $310 billion this year, and though the average cost varies, it’s safe to call the bulk of projects equal to one year’s salary. Add the two together, and purchasing to remodel can come out pretty close to that 305 large to construct from scratch. So you might as well build your own home and get exactly what you want.