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The Rachel Cruze Show

Building Vs. Buying a House: Which Is Better?

The Rachel Cruze Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.83.6K Ratings

🗓️ 14 July 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

🛡️Find all the tools to reach your home goals in our Real Estate Home Base.    Torn between building your dream home or buying one that’s move-in ready? 🏡 In this episode, you’ll learn the pros and cons of both so you can make the wisest choice for your family.     Next Steps:  🎥 Watch my video 5 Mistakes to Avoid When Selling Your Home.  📈 Are you on track with the Baby Steps? Get a free personalized plan. 💵 The simplest way to budget. Download the EveryDollar app for free!    Connect With Our Sponsors:  Learn more about Christian Healthcare Ministries.  Get 20% off when you join DeleteMe.    Explore More From Ramsey Network:  🍸 Smart Money Happy Hour  🎙️ The Ramsey Show   💸 The Ramsey Show Highlights  🧠 The Dr. John Delony Show  💰 George Kamel  🪑 Front Row Seat with Ken Coleman  📈 EntreLeadership    Ramsey Solutions Privacy Policy  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

When it comes to home ownership, there's always the question of, hey, should we just build a house?

0:11.1

Because I feel like there's a lot of new builds happening, or should we buy an existing one?

0:15.7

Well, it turns out there are pros and cons to both.

0:18.5

So today, we're going to talk about what you need to think through

0:21.4

if you are considering building a house or buying an existing home and figuring out what's best

0:25.9

for you and your family. Now, before we jump in, make sure to like, subscribe, and share this video

0:29.8

with a friend. All right. Now, when you talk about homeownership, again, the housing market still is

0:35.6

pretty crazy. I feel like it's like leveled out a little bit,

0:38.4

but there's a lot of opinions out there about when to buy a home, what kind of home to buy.

0:43.5

And so I think understanding, okay, we are going to go and buy a home when you are in that

0:47.7

position financially, figuring out what is best for you to go and build something or to buy an

0:53.3

existing home. Winston and I, we have done both.

0:56.0

We have bought an existing home and the current home we're in. We built. But to give you an idea,

1:01.3

kind of what we're thinking, let's break it down, the pros and cons. We'll start with building.

1:05.6

So a pro to building, probably the most obvious that most people love, is that you get to make a lot of

1:10.5

decisions. So you get to make a lot of the decisions.

1:11.2

So you get to customize, you know, possibly the floor plan, the finishes, the fixtures, like you really get to go in.

1:17.7

And depending on the type of development that you're, you know, building in the builder of themselves, you know, all of that, there can be a lot of decisions that you get to make or down to

1:28.7

like you get to pick a floor plan that they have that's already existing. But the idea that you

1:32.7

kind of get to put some touches of what you like from colors to finishes, all of that's really

1:38.2

fun. And you kind of get to create your own. I see that as a major pro. Also, most of the time,

1:43.8

it is less maintenance than an older home.

...

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