There’s a common misconception that building a custom home in mid-Missouri is significantly more expensive than buying and is only available to people who can spend outrageous amounts of money. As a custom home builder of over 20 years, we’re here to let you know this is far from the truth. With a solid plan, resourceful shopping, and an effective contractor by your side, you can build a beautiful custom home without breaking the bank. Follow our guide to lowering the cost of new home construction in Columbia, MO!
The average cost of building a home in Missouri is approximately $226,760, which is lower than the national average. Since custom homes in Columbia, MO can vary so much in size, layout, and materials used, there is nothing saying you will have to spend this much. If you’re smart about your budget while building a new home, you can find a happy medium between what you want and what you can afford!
The easiest way to flush money down the drain is to start a new home construction project unprepared. This can cause you to make rushed design choices, create unnecessary stress, and leave you with a mortgage through the roof! It can also cost you extra to make last-minute changes along the way, also known as change orders by many professional custom home contractors. Take time to evaluate your finances and choose a finalized layout before reaching out to a new home builder in mid-Missouri.
The team you choose to work with is just as important as the custom home itself when following a budget. Some builders charge much higher prices than others on everything from the framing to architectural fees. You should explore the pricing of several potential custom home contractors in Columbia, MO before you officially begin. Ask for estimates, get recommendations in-person and online, and search for a builder who meets your most essential needs. When you reach out to us, Watts Construction will give you an honest and informed quote on new mid-Missouri homes.
Saving money doesn’t mean you have to abandon all your dream custom home plans. It just means you need to put your priorities first. When designing your custom home in Columbia, MO, consider the rooms most important to you. Have you always wanted an open kitchen? Do you want a game room for your children to play? Organize your budget to meet your most essential custom home needs and save money on the areas you’re not as passionate about.
One of the main contributors to the cost of a mid-Missouri custom home is the square footage. The larger a house is, the more expensive it is going to be. If you have a smaller family, building a home with less overall square footage can save you thousands! Building up instead of outward can also offer you room for building opportunities without overspending.
The price of different home features add up: plumbing, electricity, appliances, and more. In order to keep track of your expenses, you should create an allowance for each category and try your best to stay loyal to it. Look for ways to save on lighting fixtures or appliances. You can also find creative ways to get a good deal on furniture! Search for steals on a vintage dresser or discounts on Facebook Marketplace. Getting creative will take you a long way when it comes to the smaller costs of a custom home in central Missouri.
More customized home layouts will mean more architectural fees. Luckily, there are people who sell stock designs which serve as a set template for homeowners in Columbia, MO. Using a stock design, you pay the fee and can make changes to further fit your home needs, costing you less money than a completely customized home. Once again, this helps you find a balance between your finances and your design goals, still giving you the custom home you’ll love at a price you can afford.
Watts Construction has built homes for many varying budgets in Columbia, MO. As mid-Missouri’s top custom home contractors, we are willing to negotiate and help you achieve the home you’ve always dreamed of without wiping out your savings. Reach out to our team today to get a quote on your custom home and schedule an appointment to share your design plans!
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