Get matched with top storm shelter pros in Ely, IA

Yes, particularly handy DIYers can build their own storm shelter, especially when using a prefabricated kit and an existing space. However, it is a large project that can take several weeks, requiring significant manual labor and heavy equipment. For these reasons, hiring a professional is often recommended. You should always leave certain jobs to a pro, such as installing an underground shelter, projects requiring site excavation, or any custom-designed structures. These types of builds are complex, labor-intensive, and can cost more in the long run if not executed properly.

Deciding whether to buy a prebuilt fireplace kit or build one from scratch comes down to aesthetics, available space, and budget. Many homeowners like the convenience and lower cost of prebuilt options—around $1,500—versus the involved planning and construction of a larger fireplace. Another bonus: you can usually move prebuilt units. Custom projects are more common when homeowners have access to a larger budget and more area in the yard to place the fireplace.

The early stages of building a house are harder than the later stages; laying the foundation and framing the house are two of the most challenging steps. However, it varies for everyone. Some people have difficulty installing HVAC, plumbing, and electricity, while others find it harder to plan the house and secure the necessary permits. 

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.