It is a proven theory that in the beginning, home buyers tend to want to look at existing homes in their search for the right investment for themselves and their families.  Existing homes normally have a lot of “stuff” in them that help people visualize the space of the home, the placement of furniture, and the livability of the home.  However, even first-time home buyers will move on to considering buying a brand new home vs. buying a resale home.  In this decision there are considerations of the home’s age, the quality of its parts, the excellence of the building process by a certain builder, and the new home community experience that goes along with building a new home if they decide to buy in a subdivision.  These factors all contribute to the decision to “build instead of buy” a new home.  At some point, a buyer will ask when building a new home, how long will it take?

If a new home buyer is unfamiliar with the home building process, there are many questions that arise during the process from the new home design, the selections available from which to choose during the construction phase, the walk-through and home inspection, the financing, and even the closing of the real estate transaction.  A good builder will have an easy-to-understand step-by-step plan to implement with each of their new home buyers to guide them through the entire home building process.  One of the main questions that comes up is “how long is this going to take?”  Different builders have different timelines for building a “home from scratch.”  It also depends on the size and customizations to the home.

The Census Bureau conducted a survey called the 2014 Survey of Construction (SOC) that established the average time of completion of construction of a new home.  7 months was the timeline that the survey discovered with 25 days from the signed contract to the start of the project and approximately 6 months to complete the job. Nationwide, the factors that affect this time period include the housing category, the geographic location, and the metropolitan status – density of housing and population in a particular area.

Particularly, a single-family house built by a builder took the least amount of time, according to the survey, 6 months; while an owner contractor took approximately 11.5 months – the longest time recorded by the survey.  Single-family homes that were built relying on all outside sub-contractors took approximately 8 months to build from permit to completion.  Specifically, in the Greater New Orleans area, the average time quoted by the Census Bureau it takes to build a new home in this area is 7 months.  The “moral” of the story is to check with your builder to find out how he builds the home by asking if he uses his own employees, if he has established subs he uses for the job, if everything is contracted, and how long he or she will take to build your new home.  It should never be a problem for a builder to answer these specific questions for you before you move forward with a contract or the building process.

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