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Avatar for Sentri Homes
Sentri Homes
2.9(
47
)
Find a Custom Home Builder

Serving Excel, AL and surrounding areas

Approved

In business since 2023

Free estimates

Emergency services offered

"Sentri Homes provided the most professional flooring service I’ve ever had. The LVP installation turned out absolutely beautiful, and I was amazed at how quickly everything was completed without sacrificing quality. The crew was fast, accurate, and extremely detail-oriented from start to finish. Everything was installed cleanly, precisely, and with real craftsmanship. The entire process was smooth, efficient, and far beyond what I expected. I would absolutely recommend Sentri Homes to anyone needing flooring installed."
20 neighbors recently requested a quote
Ascended Constructions
New to Angi
Find a Custom Home Builder

Serving Excel, AL and surrounding areas

Approved (Corporate)

In business since 2023

Offers commercial services

We’re a family owned and operated company that values honesty and integrity, and stands behind our work. We offer over 40 years of industry experience. We specialize in Asphalt Shingle Roofing installation, replacement, and repairs. Our services are customized to the individual project, paying close attention to the details of each project that we're involved with. We look forward to building long-term relationships with our clients and guarantee your satisfaction!

1 neighbors recently requested a quote
Avatar for Bill Dobbins Homes, Inc.
Bill Dobbins Homes, Inc.
5.0(
4
)
Find a Custom Home Builder

Serving Excel, AL and surrounding areas

In business since 1989

Free estimates

"I am so pleased with my new home. Everything was handled very professionally and was always quick to answer any questions I had. Natasha was the best a helping me pick colors and make suggestions. If I ever build another home I will definitely use Dobbins again."
Kitchen 1
Arcadi Plan
Kitchen 2
Fireplace
Custom Build

+10

Response time1 day
Recommended by100%of homeowners
Custom Home Builders questions, answered by experts

Yes, you can finance new construction, though the process often requires a different type of loan than one for an existing property. There are several financing options available:

  • Construction-to-Permanent Loan: This is a common option where a single loan covers the building costs and then converts into a traditional mortgage once construction is complete and you move in.

  • Construction Loan (Stand-Alone): This type of loan provides funding only for the duration of the construction project. Once the house is built, you will need to pay the loan in full, typically by securing a separate, standard mortgage.

  • Builder Financing: Some custom homebuilders offer their own financing options, which may only require a down payment to begin the building process.

  • Bridge Loan: This can be a useful short-term loan to fund your new construction while you are in the process of selling your old home.

  • Home Equity Options: If you are building a second home, you might be able to use a home equity line of credit (HELOC) or a cash-out refinance on your current property.

It's also important to be aware that some lenders may have restrictions on financing for DIY house builds, so be sure to verify that you can secure financing before starting your project.

Local regulations dictate how big an ADU can be, and there may also be restrictions on the percentage of the main residence’s square footage an ADU can have. In most cases, an ADU must be smaller than the main residence, but check with your local building authority to confirm restrictions on ADU size.

A-frame homes are on the smaller side. While there’s no set square footage amount it has to be, it will usually come in around 1,000 square feet or smaller.

Buying a house is easier than building one from scratch. Buying an existing home is almost always faster, even if you need to make renovations once you move in. When you hire the right team to build a home, they will simplify the design and build phases so that there is little guesswork throughout the process, but building new construction will almost always take longer than buying an existing home.

The average cost to renovate or remodel a home is $52,300, with most projects ranging from $19,500 to over $88,400. However, costs can vary significantly, from as low as $3,000 for a small project to $170,000 or more for a complete home remodel.

Several factors influence the total price, including:

  • Project Scope and Size: The extent of the renovations, whether it's a single room or the entire house.

  • Location: Geographic location affects labor and material costs.

  • Materials: The quality of materials chosen.

  • Room Type: Kitchen remodels ($14,500 - $70,000+) are generally more expensive than bedroom remodels ($1,500 - $5,500).

  • Other Factors: The time of year, complexity of the work, and any additions or expansions.

On a per-square-foot basis, you can expect to pay between $15 and $60 for standard projects and up to $150 for luxury renovations.

Examples of specific project costs include:

  • Basement remodel: ~$20,200

  • Garage remodel: ~$27,900

  • Loft conversion: ~$20,200

  • Disability accommodation remodel: ~$4,300

  • Major home repairs: ~$11,700

If you are financing the project, note that some loan programs, like the FHA 203(k), may require a minimum project cost (e.g., $5,000) and will necessitate a home appraisal and professional cost estimates. Using a home renovation cost estimator can also help you budget for your project.

The Excel, AL homeowners’ guide to custom home building

From average costs to expert advice, get all the answers you need to get your job done.