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Find Home builders in Lyman

Avatar for Elevate Homes
Elevate Homes
5.0(
5
)
Find a Custom Home Builder

Serving Lyman, SC and surrounding areas

Approved

In business since 2021

Free estimates

With over 10 years of experience, Elevate Homes is who you need to take care of your home. We handle everything from the initial consultation to making sure your property looks perfect every single time. We will always treat your property as we would treat our own, and you will be surprised how simple and easy our team will make the whole process seem. Give our team a call today. We're looking forward to working with you!

Front Elevation
Kitchen
Master Bathroom
Living Room
Master Bathroom

+11

2 neighbors recently requested a quote
Avatar for Wheelhouse Construction, LLC
Wheelhouse Construction, LLC
5.0(
22
)
Find a Custom Home BuilderFind a Modular Home BuilderShelter or Outbuilding - Build

Serving Lyman, SC and surrounding areas

In business since 2008

Warranties offered

Small jobs welcome

"We hired Wheelhouse to rebuild a building on our property that we thought had been destroyed by a large tree during a storm. Much to our surprise, they were able to save the building and make it even better than before. The work was done right: quickly and professionally. They kept us abreast of the progress and even stayed within our budget. We d definitely hire Wheelhouse Construction again should we ever decide to build a new home!"
Master bathroom
Inside Kitchen
Side Contemporary Custom Home
Contemporary Custom Home
Contemporary Custom Home

+45

Response time1 day
Recommended by100%of homeowners
Sommercraft Construction, LLC
4.5(
18
)
Find a Custom Home Builder

Serving Lyman, SC and surrounding areas

In business since 2007

Free estimates

Emergency services offered

"Thomas did an excellent job remodeling our 1400 sq ft basement. The project was a large one encompassing carpentry, plumbing, electrical, drywall and extensive trim work. The quality of work was extraordinary and actually, exceeded my expectations. Job site was always cleaned at the end of the day, and I always felt safe leaving my house in their care everyday. My wife and I highly recommend Sommercraft and look forward to using them again in the future."
Recommended by100%of homeowners
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Home Building questions, answered by experts

Renovating or remodeling an existing structure is usually less expensive than the cost to build a new house. That’s because you can save on the costs of new building materials, laying a foundation, framing the entire building, and installing new materials and utilities throughout the house. However, if a home is in very poor condition or is incredibly old, you could spend more on upgrades and restoration compared to building from scratch.

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.

A construction-to-permanent loan is the most common type of mortgage used to finance a house teardown and rebuild. These loans include financing for construction costs and convert to a long-term mortgage once construction is complete. Check the terms of the loan closely before beginning work—there are often restrictions requiring you to use licensed contractors for all work.

Modular homes are more affordable than stick-built homes if you keep quality and square footage equal. The cost to build a home averages $323,000, while average modular home prices sit at {AvgCost}. If you’re looking for custom or luxury options, a traditional custom home costs $825,000, while a high-end modular home costs $600,000, on average.

A contractor can install your shipping container home in as little as 90 days. This is notably quick compared to a traditional home build, which can take more than a year (providing there aren’t permitting or construction delays that make the wait even longer). For the quickest installation, choose a prefab container home.

The Lyman, SC homeowners’ guide to home building services

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