Building a Home for First Time Homebuyers

One of the most depressing things about being a first time homebuyer is the variety of houses that are usually in one's price range. Read: mostly "handyman's dream" and the like. Searching for an affordable home in the Logan, Utah area is much the same as it is anywhere else for a first-timer with a modest income: frustrating as you spend hours looking at old homes in old neighborhoods with little to recommend them beyond price.

The good news is that there is hope for first time homebuyers who would like something newer than 1985. In many college towns (like Logan) builders and contractors understand that there are graduate students, just starting families, who are interested in getting started with a first home. These are starter homes, not mansions, but looking for a reputable builder who can help you get into your first home can save you money in the long run. And put you ahead when you are ready to upgrade to a larger home.

Starter homes built for first time homebuyers are usually not custom-designed. However, the buyer often has the perogative to choose between two or three plans that the builder has to fit the $90,000 to $140,000 price range that most first time homebuyers fall into. Some builders do allow the addition of special features, and the ability to choose your own lot. The key is discovering what the local builder has to offer.

Another build-your-own-home option as a first time homebuyer involves the help of contractors. Many homebuilders are also general contractors, and they can assist you in building your home. There are many regulations and codes that are required of new construction homes, and a good general contractor can help you wade through the bureaucracy. Additionally, the general contractor knows electricians and plumbers who can do that specialized work that you might not be able to do yourself. Let the contractor know that you are willing to pitch in and help build and prepare the home, and you will often get a lower price on the cost of building.