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Avatar for Illinois Remodeling Consultants
Illinois Remodeling Consultants
4.2(
18
)
Find a Custom Home Builder

Serving Chenoa, IL and surrounding areas

In business since 2020

Free estimates

Emergency services offered

"Great company! Very professional. When my basement flooded they came in and made this stress free for me and handled everything in a timely matter. My basement looks great now and I couldn't be happier. I highly recommend."
Small Bathroom Remodel - After
Hardwood Flooring - Pekin IL
Remodeling - Kitchen & Bathroom Project
Solar Panels Project
Custom Tile with a Bench

+136

Recommended by86%of homeowners
Avatar for World Painting Company
World Painting Company
3.9(
43
)
Find a Custom Home Builder

Serving Chenoa, IL and surrounding areas

In business since 2002

Free estimates

Emergency services offered

"

My wife and I have used World Painting several times over the last four years in two different houses.  The most recent project was a complete makeover of the outside of our home.  We consulted with the World Painting staff on the design (two tones) and the proper colors to use.  We are very happy with the outcomes; both the appearance and the quality of workmanship.


"
Hair Salon Remodel
Restoring Historical Home
Remodeling Cabinets
Recommended by78%of homeowners
Avatar for SAL Construction Services
SAL Construction Services
4.2(
17
)
Find a Custom Home Builder

Serving Chenoa, IL and surrounding areas

In business since 1999

Free estimates

Emergency services offered

"We hired SAL Construction to build us a garage in Morton.
All I can say is WOW!!! Nice, polite, honest, clean, punctual?My husband found
them on Google and after visiting their website we decided to give them a call.
They did everything they said and did a beautiful job right on budget! I recommended
them to my sister who needed a tile floor installed in her kitchen. Scott did
an amazing job on the tile as well. My sister was so pleased?Her & I both
would recommend SAL to everyone. Job well done!
"
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+8

Recommended by80%of homeowners
Trent Davis
3.0(
2
)
Find a Custom Home Builder

Serving Chenoa, IL and surrounding areas

In business since 1990

Free estimates

Emergency services offered

Home Remodeling and Maintenance Services including a Home Maintenance Check Up that is like an oil change for your house helping you save time and money in the long run and giving you piece of mind that your home is in good condition and safe for your family. Larger remodeling projects like kitchens, baths, basements and additions are handled using our cost plus design build process that essentially provides an open book estimating process that allows you to get the most bang for your buck! :-)

Recommended by100%of homeowners
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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.

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.

Remodeling a house is often less expensive than building a new house. You can expect to pay an average of $100 per square foot when you are remodeling. The cost to build a house averages about $150 per square foot. When remodeling, though, some rooms cost more than $100 per square foot and some cost less. Use a home renovation cost estimator to accurately estimate your remodeling costs.

Yes, you can finance cottage construction through several options. Construction loans provide funds in stages as work progresses, while home equity loans or lines of credit are available if you have existing property. Some lenders offer a combined construction and permanent mortgage. Always review loan terms and payment milestones before committing.

A carriage house is a freestanding building, while a townhouse is connected to other units. A townhouse is a full single-family home and typically shares a parcel of land with other connected homes. A carriage house is rarely used as the sole single-family home on a property and is most often an additional building sharing property with a traditional single-family home. 

The Chenoa, IL homeowners’ guide to custom home building

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