Is it cheaper to build or buy a house?

April 12, 2022

Buying | Remodeling

Building a home rather than buying one allows you to customize it to your needs, among other advantages. However, construction timelines have lengthened due to material and labor shortages, and this trend is being reflected in rising sale prices. The average price of a new-construction home in January 2022 was $496,900, up from a pre-pandemic $402,300 in January 2020, according to the U.S. Census Bureau.

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