Learn more about building a new home:
![Measuring tape along wood flooring](/images/titles/measuring-tape.jpg#joomlaImage://local-images/titles/measuring-tape.jpg?width=1500&height=300)
What is the price per square foot to build a custom home?
![close up of hardwood flooring with dark brown stain](/images/titles/wood-grain-dark.jpg)
Can I build a new home in the winter?
![dark wood mantle above fireplace and natural light from windows](/images/titles/home-sweet-home.jpg)
What is an Environmentally Sustainable Home?
![exterior of new custom home front porch entry, two car garage and paved driveway](/images/titles/ashdown-front.jpg)
Fixed Price Contract, Part 1
![master bedroom built with two large windows on each side of king size bed and loveseat](/images/titles/bedroom-windows.jpg)
This question gets asked a great deal and the answer is driven by the market and current material prices. Generally speaking, building up tends to be less expensive than a basement. That said, not too long ago, lumber was at an all-time high and basements were the better option. Check with your builder and they can advise you on the pros, cons, and cost of each.
If it's a brand-new build, building a basement can be less expensive than building a second story, depending on the specific location and other factors. A basement can be added during the initial construction process, with the foundation and walls already in place, while a second story would require additional load-bearing structures to be built. However, the cost of a new build can be much higher than a remodel, especially if it requires excavation, foundation and also the cost of the land. It's important to have a detailed cost analysis and to compare the costs of both options before making a final decision. Factors such as zoning laws, the local building codes, and the cost of the land would be considered.
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