Hi guys i want to get your opinion on building your own house vs buying. What i gather the short answer is that it's cheaper to buy an existing house and renovate then to build new. In my case, i'm a single guy so i don't need a 2-3 bedroom house. I need a 'super bachelor.' What i've learned, renting a house now, is that heating bills are no fun. I think a new house would be much better for insulation and designed. I'm think i only need about 600-700 sqft, something like a large A frame with a loft to sleep. I haven't looked much but i guess you can find plenty of designs online or hire an architect which doesn't seem to cost too much. I found this line, these prices look fair reasonable.(?) http://www.ontariocontractors.com/flowchart.htm I was looking at one house in South Ontario, for around 120k it need some work. But some nice land bit further out of town (3km) in a rural setting is 50k. So i'm thinking for another 60k i can build a nice new house. In the end it will be much better, efficient, interesting house. Perhaps even with a higher resale value, or am dreaming? I've heard that old house cost %2 in maintenance per year. I guess with a new house it should be maintenance free for maybe 20 years. One thing i don't like is force air heating, most of the housing seem to have to this in small town. So there would another reason just to start from scratch and build my house. I can have everything to my liking, small kitchen, small bathroom, large open space to live and sleep. I'm thinking i can organize parts of the build myself, but i'm wondering if this would be worth it? The only thing about this property is that water has to be trucked in, but there is gas and hydro. I'm a bit confused about by-laws. Anyways interested in your comments, is it cheaper to BYH?