Reply to Are there builders willing to build a smaller house?

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[quote=Anonymous][quote=Anonymous]Yes of course builders are willing to build you a modest house.  The real question is, would you be willing to pay the same price for your modest house where you could pay the same amount and get a 3 story monstrosity.

There are a lot of fixed costs in building a house that aren't cheaper bc you are building a smaller house. [/quote]

+1 It would be better to either build a large home or buy a smaller home that's close to what you want and renovate it.

For years, my sister and her husband clung to this idea of building the small retirement home of their dreams. They're finally seeing the light that this makes no financial sense.

Just come up with a short list of your must haves and see if you can find something close enough that you can make into something that you love. Otherwise you're going to spend an extra $800K to have whatever specific little details that you're fantasizing about and you'll lose money on the resale. Make sure you're not buying in a tear down neighborhood or else everything you put into it will be a bad investment. [/quote]

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