New Construction: How Building a Home Can Save You Money

new-construction1Owning your own home is an important and some would say essential part of the American dream. However, once you’ve invested the time and hard work to save up enough to be able to finally afford your dream home, you might find that you are faced with a lot of difficult choices about the real estate where you could potentially spend the rest of your life.

One of the most important of those choices is whether to buy a house or build one yourself. Here are a few reasons why building a house can be cheaper than buying one.

An important factor that could heavily influence your decision about whether to build or buy is how much of a hands-on person you are—or aren’t. If the details involved in serving as your own general contractor don’t scare you, building your own home is probably the right option for you. By using your own two hands in the construction process, you can save an arm and a leg on the construction costs.

You might not be able to do all the work yourself, but being able to contribute your own manual labor toward even a few things here and there can help you save big. Hanging the drywall, installing the plumbing, or even just drawing up the building plans are key parts of the process where you might be able to cut costs by rolling up your own sleeves. Although you may still pay a slight markup for the building materials, you will be paying a lot less for labor.

Doing it yourself also gives you more control over the building process. Being your own general contractor gives you the power to decide what materials are used and which people are hired to install them. If you draw up your own floor plan, you may even be able to arrange the living spaces to be able to incorporate some of the furniture that you already own, which will save you from having to buy new pieces.

Because new homes are built with new materials, you probably won’t have to spend a penny on renovations for a few decades or more. When you buy an older home built with older materials, you run the risk of investing in materials that may already be nearing the end of their shelf lives. Renovations are a regular part of buying pre-existing homes and can be often be a hidden cost that blindsides you when you least expect it. When you build your own home, you won’t have to live with the constant fear that something might break down.

Water and Sewer
Another thing you get to decide when you build your own house is whether or not to connect to city services such as water and sewer. Many times, especially in more rural areas, it will be cheaper in the long run to dig your own well and septic tank instead of connecting to the city’s services. If you are flexible about these two things, it could end up saving you big in the future.

New homes usually come with a home warranty of some kind from the builder. This warranty will cover any defects in craftsmanship or structural integrity and will usually keep you safe from having to pay for any repairs in the case that something does break down. Home warranties should be backed by insurance and should explicitly state damage and coverage limitations.

Building your own home can sometimes be cheaper than buying a pre-existing house. Building instead of buying gives you control over the building process and the layout as well as peace of mind about the results. Due to the newer materials and the warranty, building your own home can also be safer and more environmentally conscious.


By David Glenn


About the Author

Greg DiGiorgio is a highly reviewed Arlington MA Realtor who is a dedicated, passionate, and market-savvy professional who puts his clients’ satisfaction before all else. His attention to detail, superior people skills, broad knowledge of the real estate industry as a whole, and his pure determination to indulge his clients with first class service sets him apart. In addition to Greg being an Accredited Buyers Representative-ABR, he understands the power of creative, well-organized and highly effective marketing and offers customized marketing plans that maximize property exposure to the most qualified buyers. He has appeared several times on Fox 25 News where he was interviewed on current market trends and conditions. A real estate transaction is really about managing people, their desires and their finances. It is an intricate and consequential negotiation.

Greg understands that it is important to secure not only the most able buyer, but also to the one that is most likely to close the deal. When so much is at stake, Greg is the one you want to represent you. His fair yet aggressive negotiating style and protectiveness of his clients’ best interests and ultimately, their assets, has gained his respect with colleagues and clients alike.

Greg also knows that every transaction represents the most important purchase or sale a person can make, and he takes every precaution to ensure that communication is impeccable with all parties involved from beginning to end. Whether it’s patiently guiding first time buyers through this exciting process or following through with clients’ needs long after the transaction is over, Greg’s warm, caring yet efficient business style will turn you into a client for life.


Greg grew up in the Greater Boston area and has a deep appreciation for the North East way of life. He attended The University of Massachusetts at Dartmouth where he graduated with a Bachelor of Science degree in Marketing, with a concentration in Marketing Research. Greg’s professional background is rooted in the technology sales & marketing. As a result, he learned to adapt to many different people and situations quickly and competitively. The insight that he has gained from many years of involvement in bringing all components of a transaction together smoothly has granted him a unique perspective and approach to the real estate industry. His enthusiasm and tenacity has allowed him to emerge as one of Greater Boston’s finest Realtors, and one of the highest reviewed amongst Arlington MA Realtors!

My Goal

My goal is to provide the best experience possible to my clients while helping them achieve their real estate goals. My streamline systems and use of technology ensure a smooth ride along the way. Whether it’s a first-time buyer, a seller, or investor, I strive to gain lifelong clients and friends by providing them with a fun, relaxing, but yet educational experience throughout the entire process.

Objectives for my Buyer Clients

Counsel session to determine wants & needsSchedule times to view properties

Run comparable analysis report for subject property

Help negotiate terms of the offer

Provided options for home inspectors

Help negotiate & finalize terms of Purchase & Sale Agreement

Assist in finalizing finances with Mortgage Broker

Handle any other paperwork and/or tasks including meeting mortgage commitment deadlines to making sure the transaction closes on time.

I keep an open door policy with all my clients even after the sale should they have any questions, or need help with any of their real estate needs. The closing of a real estate transaction is not the end, but just the beginning of a relationship.

Objectives for my Seller Clients

Listen carefully to make sure your goals and objectives are clearly understood

Explain the home selling process thoroughly

Discuss agency relationship

Price your home accurately

Stage your home for sale

Plan & implement a proven & innovative marketing plan

Work diligently to sell your home quickly and efficiently

Follow up with open house leads & showing brokers to obtain feedback

Work hard to ensure that each step of the transaction is running smoothly

To ensure that all smoke & carbon monoxide detectors are installed and working correctly, and to obtain certificate from town/city

To obtain final payoff for city/town water bill

“Most Importantly to communicate with you consistently and efficiently throughout the entire home selling process”

Certifications and Recognitions

Winner of Leading Edge Real Estate’s Outstanding Creative Marketing Award. Certified Residential Specialist (CRS)

Accredited Buyers Representative (ABR)

Member of the Institute of Luxury Home Marketing (ILHM)

Licensed Massachusetts Real Estate Broker

Member of Greater Boston Real Estate Board (GBREB)

Member of National Association of REALTORS (NAR)

Zoning & Building Codes Certificate

Residential New Construction Certificate

Title V Certificate