Welcome • User Guide
ToS • Privacy • Canary
Donate • Bugs • License

©2025 Poal.co

205

We may have the opportunity to move to a new state in 2022. Looking at real estate in the area where we would move, nothing has us excited - and we're sick of living in suburbs - so we're considering buying land and building. We wouldn't be able to afford a true homestead, but could get at least 1-2 acres.

Has anyone here bought a plot and built a house before? Any pitfalls to look out for? Would you build again or buy in the future?

We may have the opportunity to move to a new state in 2022. Looking at real estate in the area where we would move, nothing has us excited - and we're sick of living in suburbs - so we're considering buying land and building. We wouldn't be able to afford a true homestead, but could get at least 1-2 acres. Has anyone here bought a plot and built a house before? Any pitfalls to look out for? Would you build again or buy in the future?

(post is archived)

You are currently inside a comment thread.
Click here to see all the comments (90).
[–] • 5 pts

Construction is almost always cheaper than buying an already built home. The ROI on construction is insane. The reason everyone doesn't do it is because you can't get a conventional mortgage to build a home. Banks don't want to deal with that shit.

[–] • 1 pt

This is 100 percent not true

[–] • 1 pt

So your argument is that home builders and people building or adding on to their own homes lose money on their investment. Ok.

[–] • 1 pt

It’s cheaper to buy a used house to a comparable new house