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 might be less about choosing […]The post 8 New Construction Money Mistakes That Could Cost You appeared first on Freshome.com.

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 might be less about choosing cheaper tile and more about managing your build with the future in mind. Don’t make these mistakes or you could be paying for years to come.Consider resale value even if you don’t plan on selling your home. Image: Livingstone Design + Build Ignore Resale ValueMost families build custom homes because they want a specific end product. Unless you’re building a home as an investment to sell, chances are you plan on spending years in your new place. But just because you don’t plan on selling doesn’t mean you won’t. Changes in lifestyle, careers, and budget could result in needing to sell. If you designed and built your home only thinking of what appeals to you personally, it might be a hard sell. Distinct features you fell in love with co...