What is cheaper - to buy or build the house?

What is cheaper - to buy or build the house?

Making the decision to become the owner of own housing or a country cottage, of course, it is necessary to orient in the prices, and for this purpose it is necessary to understand that it is cheaper to buy or build the house. Therefore, let's consider what offers the real estate market and the companies builders, and we will define that after all it is more favorable.

What it is cheaper to buy the apartment or to build the house?

To make the correct decision, make the following:

  1. Look what terms are offered by the companies building apartment houses in your settlement, study the prices at different stages of construction as they can change considerably.
  2. Read announcements of sale of apartments in the secondary real estate market, such housing can be both is significantly cheaper, and is much more expensive.
  3. Look at the prices of the land plots with cottages and without them. Further study offers of the companies building private houses. Take the average cost of the site without house and put it with the price of its construction.

Thus, you will have 4 different figures (the apartment in a new building, the apartment in the secondary market, the site with already built house, the cost of the site and the average price of construction of a cottage), having compared them among themselves, it is possible to understand that it is cheaper to construct or buy the ready house, or will better stop on apartment option. By the way, having applied this method, it is possible to understand also what house it is cheaper to build in your region.

What it is cheaper to buy or build the house most?

The answer to this question depends on the unique factor whether the person is able to build the house. If you have no such knowledge and skills, then, most likely, it is better not to be engaged in independent construction of the house. You will just spend quite large sum for materials which bigger amount can be damaged because you just are not able to use it correctly, and are not familiar with technologies of construction.

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Author: «MirrorInfo» Dream Team


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