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Finding Your Home

Building Your Own Home

Should You Build Your Own Home?

Take a minute to weigh some of the pros and cons:

Pros	Cons
You can customize your new home for your needs.	You may pay more than you would for a resale home.
With new construction, you don't need to worry about how your home was built, or how soon you may need to renovate.	A custom home may take longer to construct and complete than a new home purchased from a builder.
You can choose almost any design (instead of settling for what's on the market).	Costs can easily escalate during construction.
You have a very active role in the building process.	You'll face additional costs for landscaping, decorating, paving, etc.
You can build with the most up-to-date materials and methods.	Managing a build is time consuming and complicated-even with the best planning and organization, you'll have to respond to unexpected issues.

Ready to learn about the process? Start with designing your home plans with an architect.



	Should You Build Your Own Home?

	Designing Your Home Plans with an Architect

	Arranging a Construction Mortgage

	Managing Your Home Construction Costs

	Hiring a General Contractor

	Obtaining Building Permits

	Constructing Your Home



	Talk to a Mortgage Specialist

	Start your Pre-Approval online



	How Much Can You Afford?

	Mortgage Payment Calculator

	Rent or Buy?

	Road to Home Ownership

	Neighbourhood Information



	Mortgage Centre

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Last modified: 08/07/2008 12:03:07