Tips for Saving Money When Building a New Home

Labor costs eat up a significant chunk of your home build budget. Opting for a DIY solution when possible and practical can save you thousands.

Time is money, and when you have everyone from a general contractor (GC) to a landscaping team on the clock, the cost of building a new home adds up quickly. One creative way to control the bottom line is by taking on part of the labor yourself.

“Industrious and creative people have many paths to the home of their dreams,” says general contractor and real estate broker Janie Coffey at The Coffey Team – Compass. “You will always want to have licensed professionals for the mechanical, electrical, plumbing (MEPs), but a DIY effort for the non-systems parts of the home can go a long way to stretch a budget.”

Subscribe to our Newsletter

The best home content delivered directly to your inbox.

Ellen DeGeneres Sells Beverly Hills Home She Bought From Adam Levine

How to Build the Outdoor Kitchen of Your Dreams – Redfin