If you’re looking for a house but haven’t found the perfect one, you might be wondering what it would take to build a brand-new home of your own. Building a house might be less expensive than you think, and there are several financing options available to help. However, construction costs soared at the height of the pandemic due to supply chain disruptions and labor shortages, so prices — and time frames — are up. For many people, buying an existing home may be worth it just for the reduced hassle, but it has financial benefits as well. Perhaps most notably, land and landscaping are included. Yes, the NAHB reported the average building cost to be $296,652, but that’s not including the $89,540 for a finished lot, bringing the total price for new construction go here to $386,192—comparable to the price of buying an existing home.