Any info on having a new home built for you?

Question

My husband & I are considering having a house built for us exactly the way we want it rather than just buying a home already on the market. We own a condo at the moment & are both in our 20's and young & doing good financially at the moment. We are not planning on doing this for quite some time, it was just an idea that jumped in our heads & we are planning on working & saving as much money as we can in order to make this dream of ours come true! We picked out a house that we really love on this website & want to know if anyone can estimate how much we should be planning on spending vs. just buying a house on the market. Also any other tips or info you are willing to share is great! Thanks so much I just wanna know what we are getting ourselves into before we make a final choice. Here is the house we are thinking of building thanks so much! We live in MA

http://www.eplans.com/new_american_house-plans/HWEPL57980.hwx

Answer 1

Ask the builders about "cost plus" arrangement I have not done this but my understanding it is best contract.

Answer 2

the link you provided has a "find out how much will it cost to build this house in your area" option. use it.