Builds & Buys

Research Local Construction Costs — Investigate current market rates for construction services, materials, and labor in the area.

Why It Matters: Knowing local construction costs helps you estimate a realistic project budget and ensures you stay within financial capacity.

Helpful Resource: HomeAdvisor: Construction Cost Estimator
Who to Talk To: Local contractors for project-specific pricing

Verify Permit Requirements — Check with local authorities to see if your project requires permits or zoning approvals.

Why It Matters: Proper permitting ensures compliance with building codes and prevents delays or fines.

Helpful Resource: Permitting & Licensing Requirements
Who to Talk To: Your local building department for specific rules

Feasibility of Renovation vs. New Construction — Determine whether it’s more cost-effective to renovate the existing structure or build anew.

Why It Matters: Renovations can sometimes be pricier than new builds, depending on the property’s condition.

Helpful Resource: Renovate or Build? Cost Analysis
Who to Talk To: An architect or contractor to assess both options

Consider Environmental Impacts — Evaluate waste management, energy efficiency, and sustainability when planning your project.

Why It Matters: Eco-friendly choices can reduce costs and improve long-term sustainability.

Helpful Resource: EPA: Sustainable Management of Materials
Who to Talk To: Environmental engineers or architects for green solutions

Consult a Structural Engineer — For major structural changes, get professional advice to confirm feasibility and safety.

Why It Matters: Identifies potential risks and ensures safe, effective plans.

Helpful Resource: NCEES: Structural Engineering
Who to Talk To: A licensed structural engineer for thorough assessment