Cheapest Ways To Build A House: 10 Tips (2024)

Choosing cost-effective materials can help keep the project more affordable and within budget. Here are a few different types of building materials to consider for your home’s construction.

Reclaimed Materials

Using reclaimed materials like old barn doors or wood in your home build is not only trendy, but can also save you money. Look for reclaimed doors, wood floors, windows and decorative items when planning the design of your house.

Not sure where to find reclaimed materials? Check Craigslist, Planet Reuse or a salvage store. You can even find a home that is currently being torn down and see if you can salvage any of its old materials.

Prefab Panels

Prefabricated panels are wall panels that are custom-built inside a factory and shipped to the build site. Having the walls built indoors and shipped to the site ready to install can cut down on any required construction. Plus, it can reduce the time spent on framing and drywalling.

Opting for prefab panels can also help you save money because you aren’t paying for the extra labor costs to build and frame the walls. Just make sure you have the appropriate building permits before constructing any prefab housing.

Precast Concrete

Just like prefab panels, precast concrete is concrete that’s poured into a reusable mold, cured indoors, then shipped to the build site. On average, precast concrete costs less than on-site pouring because it cuts down on on-site labor and can help prevent delays due to the weather.

Shipping Containers

This alternative housing idea uses old shipping containers for the structure of the home. Since the structure is already intact, this type of housing can help you save money on construction costs.

You’ll need to consider the modifications you’ll need to make to the container to turn it into a usable living space. Costs can also go up if you need more than one container to create your shipping container home.

Cob

Cob is a mixture of straw, clay and subsoil. This earthen material is so thick that it provides thermal, energy-efficient benefits. Since most of the ingredients for cob can be found on-site for free, you can save a good amount of money on material costs.

Cob is also known to last hundreds of years and only requires a new layer when it inevitably needs to be fixed. This makes it a great building material for a cheap house.

Cheapest Ways To Build A House: 10 Tips (2024)

FAQs

Cheapest Ways To Build A House: 10 Tips? ›

Prefabricated Homes

Prefab homes are often more affordable and eco-friendly than stick-built homes. You can buy and build them much faster than stick-built homes. Prefab homes typically cost between $80 and $120 per square foot.

What is the cheapest method to build a house? ›

Here are some of the least expensive types of homes that are easy to build.
  • Tiny Homes. Tiny homes have quickly grown in popularity as an affordable and sustainable way of homeownership. ...
  • Shipping Container Homes. ...
  • Ranch-Style Homes. ...
  • Prefabricated (Prefab) Homes. ...
  • Barndominiums.
May 23, 2024

How to build a house 10 steps? ›

10 Steps To Building A Home
  1. Decide On The Layout & Design Of Your Home. ...
  2. Prepare Property For Construction. ...
  3. Build The Frame Of The House. ...
  4. HVAC, Electrical, & Plumbing Installation. ...
  5. Roof & Exterior Siding. ...
  6. Insulation & Interior Drywall. ...
  7. Flooring & Fixtures. ...
  8. Landscaping & Final Touches.
Sep 30, 2022

What is the cheapest home you can build? ›

Prefabricated Homes

Prefab homes are often more affordable and eco-friendly than stick-built homes. You can buy and build them much faster than stick-built homes. Prefab homes typically cost between $80 and $120 per square foot.

How to make a budget to build a house? ›

Start by deciding how much you can afford to spend. (Remember, your monthly house payment should be no more than 25% of your take-home pay.) Then, research all the expenses involved in building a home and figure out how much money you need to plan for each category. Your agent can help you with that.

Is brick cheaper than wood? ›

Although wood is a slightly cheaper option than brick, there are certain long-term pros and cons to consider with each option. Today we're looking at what homeowners can expect over time with both brick and wood building materials. Homes made of brick often sell faster than homes made of other materials like wood.

What is the cheapest foundation for a house? ›

Concrete slab foundations are the least expensive of the house foundation types, ranging from $4,500-$21,000. They are impervious to termites and other insects. Considerations with concrete slabs are that they make plumbing and electrical systems less accessible and more expensive to repair.

What are the 10 stages of building a house? ›

10 Steps to Building Your Own Home
  • Find a Location. ...
  • Obtain Permits. ...
  • Prep the Site and Your Finances. ...
  • Pour the Foundation. ...
  • Set Up Plumbing. ...
  • Assemble the Frame, Walls, and Roof. ...
  • Install Insulation, Complete Electric and Plumbing Installs. ...
  • Hang Drywall and Install Interior Fixtures and Trim.
Sep 27, 2022

What is the cheapest house ever? ›

A Michigan house advertised as the "World's Cheapest Home" and listed for just $1 has been sold for $52,000. The long-vacant two-bedroom, one-bathroom ranch, which is located in the town of Pontiac on East Ypsilanti Avenue, went on the market on Aug.

Is it cheaper to build up or out? ›

Remember that expanding your home's square footage by building up requires less material and labor than building out, making it the least expensive option.

How to save money on building a house? ›

Value Engineering
  1. Reducing Square Footage. One way to dramatically reduce costs is to just reduce the square footage of the entire home. ...
  2. Choosing a Stock Design. ...
  3. Reducing Lineal Feet of Logs. ...
  4. Opt for a Simple Roof System. ...
  5. Use Drywall on Interior. ...
  6. More Modest Kitchen. ...
  7. Don't Take a Bath on Your Bath. ...
  8. Avoid Change Orders.

What is the cheapest option to build a house? ›

The cheapest way to build a home is to design a simple floor plan. Sticking to a square or rectangular floor plan makes the building and design more straightforward. Plus, building up is generally cheaper than building a sprawling one-story home.

Can I build a house with my own money? ›

It is possible! While most buyers apply for a construction loan to build a house, it's not the only option when it comes to financing this new purchase. You can pay cash for a new custom home.

Why are barndominiums cheaper to build? ›

Barndominiums have a quality that often makes them very customizable, which is that typical barndominiums are often constructed from a metal building. Metal structures are usually less expensive to construct than traditional buildings, which is one reason why they are used so much in commercial construction.

Is it still cheaper to build than buy? ›

Overall, it's cheaper to build a home than to buy one in California, with 13 out of the 20 counties saving you money if you decide to build your house from scratch. Budget-wise, building is more favorable in Southern California whereas Central California caters best to those interested in buying.

Is it cheaper to build a kit home? ›

Lower cost: Kit homes are typically cheaper than traditional on-site home builds. Quick delivery: Kit home manufacturers can typically get the entire kit organized and delivered to you within weeks.

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