Home Building

How Much Equity Is in Your Home?

ITTIGallery/Shutterstock Understanding home equity When you take the current market value of your home that you receive after an appraisal and subtract it from the amount you currently owe on your mortgage, that’s your …

What Is Home Equity and How Does It Work?

ITTIGallery/Shutterstock What is equity? You’ll often hear the term equity when it comes to homeownership, but you may not even…

6 Reasons to Build or Buy in Up-and-Coming Areas

When searching for a new home, buyers often look for houses or land in the best neighborhoods — or, at least, the best neighborhoods that they can afford. And that’s certainly understandable. However, homeowners may be missing out on several advantages by not considering less prestigious or less des…

Relocating? Watch for these Neighborhood Red Flags

In a perfect world, every neighborhood would resemble Mayberry. Everyone would know each other by name and your next-door neighbor’s yard would always look as manicured as your own. Unfortunately, there’s no such thing as a perfect neighborhood and every zip code has its own pros and con…

Pocket Neighborhoods: Why Small Developments are The Next Big Thing

It was writer Howard E. Koch who mused, “You can be a good neighbor only if you have good neighbors.” Of course, you don’t get to choose the people who live around you. Still, a new type of development can help limit the chances of living next to a dud.

Open Layout? Why Broken Plans Are Your Best Bet

If you asked architects about the biggest change to design trends over the last decade, chances are they’d tell you “open floorplans.” While architecture used to lean towards “the more the merrier” when it came to the number of rooms, today’s families live differently. Instead of lots of small space…

Breaking Ground: 6 Things To Do Before You Dig Your Foundation

Your plans are complete and you’ve purchased your lot. You’re probably chomping at the bit to get construction underway on your new home. After all, breaking ground is the first step to the process and your excitement is understandable. But before you grab your trusty shovel (or schedule…

8 New Construction Money Mistakes That Could Cost You

Building your own home is an exercise in careful budgeting. Each and every dollar needs to be accounted for, or your build could get away from you. Still, even if you’re careful with your budget, you might be making mistakes that cost you in the end. Maxing out your money…

10 Things I Wish I’d Known Before Building a House

Freshome has partnered with Creditcards.com to find the best credit cards to fund home improvement. Freshome and CreditCards.com may receive a commission from card issuers. What started as a lazy Saturday afternoon looking at model homes soon turned into a full-scale homebuilding project. That’…

7 Ways to Stick to Your New Build Budget

Making the decision to build instead of buying a home is the easy part. After that, the real work starts. Working with your builder to choose plans, finishes and overall budget can test your limits, but it’ll ultimately get you exactly what you want. Of course, what makes sense on…