Do you ever wonder what your life would be like if you could just build a home of your own? You know, the one you love and call home? The one that’s complete with a white picket fence and an old pointy-eared dog? Well, wonder no more. Now you can. And it won’t cost an arm and a leg, either. You see, there are various options when it comes to building a house. You can choose to buy an existing home and make changes to suit your needs, or you can design your own dream abode from scratch. Below, seasoned real estate developer Jack Bistricer gives some of the main benefits of building your own home:

Resale homes rarely look like the way you would design them. There are probably some things you would have done differently even if the home is move-in ready.

With a new home, you don't have to worry about whether the decor will suit your personal style because you pick the finishing touches. You'll work with the design team to choose flooring, cabinet hardware, and other details that reflect your style.

It is entirely up to you how the rooms are laid out, designed, tiled, painted, and sized. Seeing how your ideas can become a reality is the key to making it work. This means that you can decide whether you want a large patio for barbeques or a large entertainment area for movie nights.

One of the most obvious benefits of building your own house is that you can save money. Instead of buying an existing house that might have problems with termites, mould, and spiders, you can design your own house from scratch. As you’re building the house, you can save money by not buying materials such as cabinets and windows that are standard in an average house. You can also choose to avoid having to make costly updates to your house as you go. If you decide to build your house on a larger scale, you won’t have to spend as much money on materials.

One of the things that make some homes stand out above others is the materials used to build them. For example, some people choose to build with concrete while others prefer masonry. You can also choose to build with natural materials such as stone, log, or wood. Not only do you get to pick the materials that go into your house, you can also decide which materials are allowed to be used on your build. Some countries, for example, only allow masonry construction. You can also decide whether you want to stick to traditional construction or expand your horizons and use modern techniques such as fibre-reinforced concrete and reinforced concrete. You can even incorporate solar panels and wind turbines into your design, explains Jack Bistricer, Chairman and Chief Executive Officer at Talisker Club.

There is a growing trend among homeowners to make their homes more energy-efficient. Building a new home means you can make it extremely energy efficient right from the start. Your home will be greener, cleaner, and more cost-effective from day one.

Jack Bistricer also recommends that ask builders and developers about their homes' energy ratings when you speak with them. The home can also be made more energy efficient by choosing certain materials, upgrading the insulation, and using Energy Star appliances.

Now that you know the benefits of building your own house, it’s time to find out what the process of building a house entails. First, you need to decide on a design. You can use online plans or home designs to get you started. After you’ve chosen a design, you need to hire a contractor. This is when your long-term financial plan comes into play. You need to decide how you’ll fund your build and what you’ll do if the project doesn’t go as planned. You can use mortgage, secured debt, or equity as a source of funding. If you decide to build using debt, make sure you have a plan in place for how you’ll pay off your mortgage. Also, make sure you have a plan for how you’ll pay for materials. You can always pay for materials upfront, but if you have to wait until you pay off your mortgage, you might not have the money left over to build your dream house.