The cheapest ways to build a house, and the most affordable types to build

Building a home can often be cheaper than buying an existing one, with the average cost to build in the U.S. at $318,634 compared to a median home price of $416,700. Prefabricated homes, such as modular and manufactured types, are more affordable due to partial factory construction. Simpler designs and cost-effective materials, like reclaimed wood and prefab panels, can further reduce expenses. Keeping designs simple, DIYing tasks, and using energy-efficient systems can also help save money in the long run.