Can I Build a House for $200,000 in the Tri-Cities?

John and Stephen Worlund of Anasazi Builders discussing realistic custom home budgets

Not a new custom home in this market. Custom home builders in the Tri-Cities start around $450,000 for a finished house including land. At $200,000 the honest advice is to buy something existing, keep saving, and revisit building once the numbers are closer.

What Does Washington’s Energy Code Add to the Cost of Building a Home?

Energy-efficient custom home with a standing-seam metal roof built by Anasazi Builders

Roughly $20,000 to $30,000 on a new home in Washington State. It is not an upgrade you selected and it does not appear as an obvious line item, which is why most buyers set a budget before they learn about it. The requirements cover insulation, air sealing, windows and mechanical systems.

Custom Home Financing: How Much Can You Borrow?

Anasazi Builders team member meeting homeowners inside their completed home

Your lender decides that, and the number they approve defines the scope of your build. A custom construction loan generally requires about 20 percent down, compared with roughly 3 percent to buy a finished spec home. Your land must also be paid off before anything is built on it.

How to Avoid Cost Overruns on a Custom Home Build

Finished Anasazi Builders custom home with metal roof and landscaped front yard

Most overruns trace to three things: a contract that never locked a final number, allowances set too low to look competitive, and changes agreed verbally and priced afterward. Close all three and the budget mostly holds. Sign a fixed price contract, check every allowance, and price every change in writing before work starts.

Should I Get Multiple Quotes From Custom Home Builders?

Stephen and John Worlund of Anasazi Builders in the Tri-Cities

Yes, but only if every builder prices the same written specification. Bids on different specifications describe different houses, so comparing them tells you nothing. Three builders is usually enough. The lowest number is a claim about scope, not a price, until you have checked what it includes.

What Is Included in a Custom Home Builder’s Price Quote?

Completed rural custom home and landscaped property by Anasazi Builders

A custom home builder’s quote covers the completed house as specified: structure, systems, and the finishes you selected. It usually excludes landscaping, landscape grading, fencing and window coverings unless those were specifically bid. Appliances are typically carried as an allowance, and the driveway should be defined explicitly.