Cheapest Ways To Build A House: 10 Tips (2024)

Choosing cost-effective materials can help keep the project more affordable and within budget. Here are a few different types of building materials to consider for your home’s construction.

Reclaimed Materials

Using reclaimed materials like old barn doors or wood in your home build is not only trendy, but can also save you money. Look for reclaimed doors, wood floors, windows and decorative items when planning the design of your house.

Not sure where to find reclaimed materials? Check Craigslist, Planet Reuse or a salvage store. You can even find a home that is currently being torn down and see if you can salvage any of its old materials.

Prefab Panels

Prefabricated panels are wall panels that are custom-built inside a factory and shipped to the build site. Having the walls built indoors and shipped to the site ready to install can cut down on any required construction. Plus, it can reduce the time spent on framing and drywalling.

Opting for prefab panels can also help you save money because you aren’t paying for the extra labor costs to build and frame the walls. Just make sure you have the appropriate building permits before constructing any prefab housing.

Precast Concrete

Just like prefab panels, precast concrete is concrete that’s poured into a reusable mold, cured indoors, then shipped to the build site. On average, precast concrete costs less than on-site pouring because it cuts down on on-site labor and can help prevent delays due to the weather.

Shipping Containers

This alternative housing idea uses old shipping containers for the structure of the home. Since the structure is already intact, this type of housing can help you save money on construction costs.

You’ll need to consider the modifications you’ll need to make to the container to turn it into a usable living space. Costs can also go up if you need more than one container to create your shipping container home.

Cob

Cob is a mixture of straw, clay and subsoil. This earthen material is so thick that it provides thermal, energy-efficient benefits. Since most of the ingredients for cob can be found on-site for free, you can save a good amount of money on material costs.

Cob is also known to last hundreds of years and only requires a new layer when it inevitably needs to be fixed. This makes it a great building material for a cheap house.

Cheapest Ways To Build A House: 10 Tips (2024)

FAQs

Cheapest Ways To Build A House: 10 Tips? ›

FAQs about the cheapest type of house to build

On a per-square-foot basis, pole barn houses and barndominiums are the most affordable at around $50 to $160 per square foot. Other inexpensive home types include modular homes, tiny homes, shipping container homes, and standard one-story ranch homes.

What is the cheapest house construction method? ›

Here are some of the least expensive types of homes that are easy to build.
  • Tiny Homes. Tiny homes have quickly grown in popularity as an affordable and sustainable way of homeownership. ...
  • Shipping Container Homes. ...
  • Ranch-Style Homes. ...
  • Prefabricated (Prefab) Homes. ...
  • Barndominiums.
May 22, 2024

What is the cheapest home you can build? ›

FAQs about the cheapest type of house to build

On a per-square-foot basis, pole barn houses and barndominiums are the most affordable at around $50 to $160 per square foot. Other inexpensive home types include modular homes, tiny homes, shipping container homes, and standard one-story ranch homes.

What is the most affordable style of house to build? ›

A ranch-style house is generally more affordable to build because it has an easy, open floor plan and is traditionally available in a rectangular or U-shaped layout.

How to build a house without a lot of money? ›

Cheapest Ways To Build A House: 10 Tips For Affordable Home Building
  1. Simplify Your Home's Design. ...
  2. Try A Tiny Home. ...
  3. Hire An Experienced Home Builder. ...
  4. Save Costs By Becoming A General Contractor. ...
  5. Get Your Design Plans Approved. ...
  6. Budget, Plan And Price Out All Items. ...
  7. Choose Building Materials Wisely. ...
  8. Buy Materials At A Discount.

What material is cheaper to build a house? ›

The least expensive material to build a home out of usually includes concrete sheets, bamboo, and used materials. Of course, the least expensive material for your building project might vary based on your location due to availability, but these tend to be the cheapest options.

How to save money on building a house? ›

Value Engineering
  1. Reducing Square Footage. One way to dramatically reduce costs is to just reduce the square footage of the entire home. ...
  2. Choosing a Stock Design. ...
  3. Reducing Lineal Feet of Logs. ...
  4. Opt for a Simple Roof System. ...
  5. Use Drywall on Interior. ...
  6. More Modest Kitchen. ...
  7. Don't Take a Bath on Your Bath. ...
  8. Avoid Change Orders.

What makes a house less expensive to build? ›

So if you don't mind keeping things simple, constructing a square or rectangular floor plan can save you big bucks. Rather than constructing an elaborate home, add square footage by building upward, not outward – it's generally cheaper.

What type of housing is most affordable? ›

Prefabricated homes, container homes, and monolithic dome homes are just some of the most affordable new homes. Keep in mind that you'll need to add additional costs for land purchase, a foundation, taxes, transportation, and permits. Of course, you could always save and buy an existing fixer-upper home as well.

Is $50,000 enough to build a house? ›

Yes, it's definitely possible. Without the benefit of financing, you can still build a basic 3 bed/2 bath house around 1000 sqft to code for that much in central California or even a little larger in Texas. With financing, you can build a 4 bed/3 bath house around 2500 sqft.

How much money should I have saved to build a house? ›

Average Cost To Build A House By State
StateCost
California$400,300
Colorado$260,100
Connecticut$550,000
Delaware$327,060
46 more rows
Dec 27, 2023

How do people afford to build a house? ›

A construction loan can be used to finance the construction of a home. You typically only pay interest during the construction period. The money is advanced incrementally during construction, as the building project progresses.

Is a barndominium cheaper to build than a house? ›

In some cases, barndominiums are cheaper to build than a house. Since most wood frame homes use the same materials and are built essentially the same way, value is usually based on the number of square feet available.

What is the cheapest foundation construction? ›

Advantages of a Concrete Slab Foundation

Price: Generally, slab foundations are your cheapest option when it comes to foundations, an excellent choice if budget is front-of-mind.

Is it cheaper to build or buy prefab? ›

The general rule of thumb is that prefab construction is cheaper than stick-built homes by an average of 10 to 25 percent. Why? Mass-produced materials on an assembly line cut down costs because factories buy supplies in bulk.

What is the most expensive part of new home construction? ›

Building a foundation is often among the most costly items on this list. Home foundations are built underground and support the structure's weight. A strong foundation must: Assist in support of the above structure.

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