While looking for a new home, it can be challenging to decide whether you should build or buy. Of course, with building you can create the home of your dreams, customized to suit your every need. But exactly how long will the process take?
There are many factors that play a role in this, such as the size and style of your home, where it will be built, the time of year the building process will start, etc. There are also a lot of other decisions (aka licenses and paperwork) to be made before hiring a contractor that must be squared away so the building process can begin flawlessly and quickly. Design time needs to be included as well, which can take up to two months to fully complete depending on how you want the inside of your home to be furnished. While the 2016 Census Bureau states that a single family home can take up to 7 ½ months to complete, the deciding factors are:
1. Pre-construction and permits. Lots must be cleared, the foundation must be leveled. Approvals will be needed, which can take time depending upon the area selected to build.
2. The region you wish to live in. Homes built in cities can take around seven months to complete, while rural areas can take up to nine months. If you’ve chosen the mountains, it may take six months; 9 ½ months for the Mid-Atlantic region. Weather patterns of certain regions also play a role in the time it takes to build a home. However, areas prone to experiencing freezing temperatures could delay progress on concrete foundation.
3. The team you’ve hired. Summer is the busiest time of year for building a home; therefore, your plans may be put on hold until the adequate amount of labor help can be available.
4. Switching up plans. Changing the amount of rooms you originally requested, downsizing, additions, etc., can hold up the completion of your home. While it’s not necessarily a bad thing to change your mind about your own home and the way it will look, try to have a solid idea of what you would like. Also, determine ahead of time what sort of cabinets and other finishing pieces you would like to include, as customized items can take weeks or even months to arrive and install.
5. The style you’ve chosen. Customized homes can take 10-16 months to complete, depending on what you’re looking for; the more elaborate the setup, the more time it will take to finish.