Is It Cheaper to Buy or Build a Home? The Financial & Practical Considerations of Both—Plus a Smarter Alternative
When searching for a place to call home, you might find yourself weighing two major options: buying an existing home or building one from the ground up. Both come with financial, logistical, and lifestyle considerations—and making the right choice depends on more than just cost. buying vs building a home But what if neither option makes the most financial sense? What if there was a way to move into a home now, with just 2% down, while building equity immediately—without the delays of new construction or the stress of securing a traditional mortgage? Before diving into this third, smarter alternative, let’s break down the true costs of buying vs building a home—and why Lease-to-Own (LTO) is emerging as an affordable