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

Is brick cheaper than wood? ›

Wood is faster and more affordable to build with than brick. Wood houses are more susceptible to pest and mold issues than brick.

Why are barndominiums cheaper to build? ›

Barndominiums are also quick builds and have more flexible layouts than other home styles. It typically only takes about nine months to a year and a half to build these models, as opposed to a house which can take a year or longer.

Is it still cheaper to build than buy? ›

Average cost to build a house. NAHB put the average cost to build a house at $449,000 in May of 2022. That's including the cost to buy a plot of land. With the land purchase included, there's an 8% gap between the average price of building and buying.

Is a barndominium cheaper to build than a house? ›

Barndominiums can be cheaper than traditional homes as a future barndominium owner has the option to be their own general contractor and buy a barndominium house plan directly online, saving anywhere from 15-20%.

Are brick houses cheaper to build? ›

Since brick is more expensive than vinyl, the total for a custom-built brick home will be between $10,000 and $75,000 higher than you'd pay for a home with vinyl siding.

What is the most cheapest house? ›

The house is located in Michigan's Pontiac. It has two bedrooms, one bathroom and a ranch. The world's cheapest is in the US state of Michigan at just a dollar, according to American media reports on Friday (August 18). The website of the real estate company Zillow shows the house is located in Michigan's Pontiac.

Is $100,000 enough to build a house? ›

With the average house costing more than $300,000 in the U.S., it's not surprising that more and more people are choosing smaller homes. Housing prices are only expected to continue soaring, according to Zillow, so many are wondering if it's possible to build a house for just $100k. Yes, this is a possibility!

Is it cheaper to build a basem*nt or a second story? ›

That depends on market and current material prices

Generally speaking, building up tends to be less expensive than a basem*nt. That said, not too long ago, lumber was at an all-time high and basem*nts were the better option.

Is it cheaper to buy a house or is it cheaper to build a house? ›

In general, you'll likely find it cheaper to buy an existing home, but market conditions always affect home prices.

Is it cheaper to buy a house or get one built? ›

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.

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