Lesson 3: Building a Home

What appeals to you more: finding a house and property you like, buying it, and moving in-or buying an empty lot or parcel of land and building your own home?

Some people find the idea of building their own home overwhelming; but for others, it's the ultimate goal in home ownership. Finding-and perhaps creating-those perfect plans, locating just the right building site, and then watching their home go up is something they can dream about for many years.

If you're thinking of building your own home, three things to consider are

1. house plans

2. building site

3. financing

Conclusion

In Section 2, you have looked into some of the legal aspects of home ownership.

While home ownership may not be uppermost in your mind at this stage of your life, it may become important to you as you get older. Of course, many people never buy their own homes; in fact, financial analysts say that for some people it doesn't make sense, even as an investment. Still, for many Canadians the idea of someday owning a place of their own remains an important part of their hopes and plans for the future. If the day does come when you do buy your own home, be sure you look into the purchase thoroughly and that you get the legal and financial advice you need.