10 States Where It's Now Cheaper to Build Your Own House Than Buy One
By:
Pete Grieve
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It’s now cheaper to build a home than it is to buy an existing one in more than a third of U.S. states.
The savings vary significantly depending on the market. Building a typical home costs nearly $500,000 less than buying in Hawaii, the state where a new report from storage unit listing service StorageCafe says this method provides the most cost advantages. On the other hand, in states like Pennsylvania and Ohio, it costs about $180,000 more to build than to buy an existing home.
What the research says
