Deciding to embark on a new home build? That’s great news! It’s a great time to build your dream home with William Ryan Homes. Like many others, you probably have a million questions running through your mind. You might wonder what the projected timeline is, what the costs are or options and ROI. But the most pressing of all: Should I build a home in 2023?

When you build your new home with William Ryan Homes, you can expect to have all of your questions answered throughout the home buying journey. We’ll make sure it’s simple, straightforward, and enjoyable!

A New Home Build = An Investment in Your Future

In light of current market conditions, it’s understandable to wonder about the uncertainties of new home construction costs. Based on what we’re seeing, our team of experts here at William Ryan Homes thinks that 2023 will be a good time to build your forever home, despite fluctuating costs and interest rates.

At William Ryan Homes, we’ve always believed that building a home is an investment in your family’s lifestyle and should be looked at as a long-term financial and lifestyle decision.

Unlike many builders, we don’t start every day with the goal of building the cheapest house possible. Instead, we want to build the best homes our clients can afford. We evaluate both cost and value in the construction of our homes. From their distinctive architecture to their unmatched craftsmanship to their attention to detail, William Ryan homes are as unique as their owners, creating an immediate and unparalleled sense of value.

Although there may be short-term fluctuations in a home’s value, it is most likely going to increase when looked at as a long-term investment of five or more years. So if you are interested in building your “forever” home, a new William Ryan home is a great investment, financially and emotionally.



How New Construction Costs Impact Your Build

Over the past two years or so, the homebuilding industry has experienced a variety of material shortages and cost increases that have played havoc with pricing. The GOOD news is construction cost increases have begun to slow, according to the National Association of Homebuilders (NAHB). Even BETTER news is that lumber has fallen from its large spike earlier this year. Our outlook: if you are ready and able to build, then now is the best time to do it.

What’s nice about working with William Ryan Homes is that the material costs are locked in before construction even begins, so there will not be any surprises down the road if the price of something goes up. If you plan on living in your home for longer than five years, chances are you will benefit from price appreciation and the enjoyment of your family living in your new home during that time.

In addition, though current interest rates are higher than they have been, there’s always the option to refinance in the near future – possibly as soon as six months to a year after you close on your home. If interest rates continue to rise, you will be glad you built now! If interest rates decrease, as long as your credit stays in good standing, banks will be willing to work with you to refinance your loan. Overall, your new William Ryan home will be a wise investment now and in the future. 

Contact William Ryan Homes: Building New Homes Across the Country

Even with the tough real estate market, our team of experts is here to guide you through your new home journey. We’ve helped thousands of buyers across the country, and we’re happy to help you too! With William Ryan Homes, you can build and personalize your new home in Dallas-Fort Worth, Southwest Florida, Tampa, Chicago, Madison, Milwaukee, or Phoenix. When you’re ready, contact us with any questions. We look forward to helping you!