Homebuyers often assume that building a home is out of reach, but the opposite may be true. In fact, in many TJH neighborhoods, building a new home is the less expensive option. Plus, building with TJH offers additional benefits you won’t experience buying a resale home.
Where it pays to build vs. buy a home
According to a recent study by StorageCafe and Yardi, homebuyers in California could save an average of $205,000 by building instead of buying a home, making it the second-best state in the U.S. for building a new home. Colorado comes in at number three, with homeseekers in this state saving an average of $108,000 by building over buying. Homebuyers in Washington state could also save money when they opt to build a home—$66,000 on average. In Arizona, building is practically on par with buying, only costing homebuyers an average of $3,000 more.
StorageCafe further broke down the numbers for certain counties in California, as reported by KTLA5. Building is the less expensive option in all of the counties where TJH builds homes, and the savings can be significant. For example, in Los Angeles County, those who build rather than buy a home save an average of $345,728. In Orange County, the average savings for those who build a new home is $581,372. Homeseekers in Santa Clara County save a staggering $1,101,032 on average when they build versus buy.
Building may be wise in the current housing market
A sparse resale home inventory makes building on your existing homesite a great option for those who want the larger space and modern design of a new home but love their existing location.
With BUILD by TJH, you can unlock the value of your existing home by building a new, larger one in its place.
Rebuild for less and get more with BUILD by TJH
With BUILD by TJH, homeowners tear down their old house and rebuild a new, modern home on their existing homesite without the stress normally associated with custom building. Choose a plan, select a style, and relax into our end-to-end process.
We take care of everything, from pulling permits to installing finishes, all under one roof. You don’t have to spend your time and money coordinating with architects, designers, contractors, and installers.
If you don’t have a homesite, we can find you one in the coolest neighborhoods. We only buy land in areas where the quality of life is high, but existing resale homes are rare.
When you build with TJH, our scale and consistency enable us to source custom-quality materials and build your home for less than traditional custom home builders. Time is money, and we save you time with a streamlined process and a dedicated project manager who handles all the details, so you don’t have to.
Having a new home with more square footage, enhanced design, and elevated amenities can help your home retain its value for longer. Our energy-efficient new construction will help you save on your monthly utility bills. Plus, a new home is less likely to require costly repairs than a resale home.
Finally, you’ll enjoy the peace of mind that comes with our warranty and price and delivery guarantees.
The home you need, the lifestyle you want
Why settle for a home designed for another family when you could have a home designed for yours? When you build with us, you select the floorplan, exterior style, and interior finishes of your new home.
Before you sign your contract, you’ll visit a TJH Design Studio. Here, you’ll have the opportunity to use our virtual reality tool to “walk” the designer-curated plans available for your homesite. You can select from structural options, such as converting a loft into a bedroom. You’ll also choose the interior elements, including finishes and appliances, that fit your style. Before you leave, you can play with furniture layouts for your future new home.
At TJH Design Studios, we bring your dream home to life before it’s been built, so you can have complete peace of mind and joy in the process.
Learn about the cost to build a house with our BUILD Analysis
Discover the possibilities for your existing homesite, including how a new, modern design could greatly enhance the value of your home, with a BUILD Analysis.
Our free BUILD Analysis includes a financial assessment, site feasibility study, and neighborhood comparables to estimate the value of your future home.
We’ll also answer any questions about our other new home solutions, including pre-construction and quick move-in homes for sale in your favorite neighborhoods.