Some of our Lifestyle Videos

Free Home Value Report Search For Homes

Expert Tips for Home Buyers & Sellers

As your Chicagoland real estate agent Michael LaFido, I want to be your resource for all things real estate. Whether you are buying, selling, or investing in real estate, I am here to guide you through the process. Subscribe to this blog to learn all of the latest news from our local market and receive expert tips for buying or selling a home.

20% Cheaper to Build Today than it was 10 Years Ago


Considering Selling in 2016: Click here for a Free Price Evaluation
Considering Buying in 2016: Get Gateway Access to the MLS

Did you know you can buy newly-constructed Chicagoland homes right now for 20% cheaper compared to when the real estate market peaked 10 years ago? It’s also less expensive to buy a home, buy a vacant lot, a tear down, or to build a new home.

What does this mean for you? To build a $300,000 home back in 2006, you could build that same home today with only $240,000. A million dollar home in 2006 would only cost $800,000 to build.

“
It’s a great time to build a new home!

”

There are two reasons for this. First, builder profits today are down from 20 to 30% to a previous range of 10 to 15%. Secondly, land value is approximately 20 to 30% less in today’s marketplace.

These facts make building a new home extremely desirable. There is a lot of money to be saved by building a new home today. Although some of the costs of building have gone up, it is still far cheaper to build right now than it was ten years ago. This is an incredible opportunity for anyone looking to buy a brand new home. Don’t wait!

If you’re in need of a good builder, please don’t hesitate to contact me! Also, it’s prime home selling season, so contact me if you want to get into the market. This is the best time of year to sell!


Labels:
Location: Chicago, IL, USA

54 comments :

  1. DevikaApril 6, 2016 at 5:46 AM

    Thank you for having taken your time to provide us with your valuable information relating to your stay with us.we are sincerely concerned.., Most importantly, you Keepit the major...
    SEO Training in Chennai

    ReplyDelete
  2. lakshanyaApril 7, 2016 at 4:26 AM

    your content is really great's sound ,it is implementing me to work more in this kind of information and it is a incredible work.

    digital marketing training in chennai

    ReplyDelete
  3. nathanJuly 24, 2016 at 8:42 AM

    Although some of the costs of building have gone up, it is still far cheaper to build right now than it was ten years ago. This is an incredible opportunity for anyone looking to buy a brand new home. Don’t wait!
    hassan car

    ReplyDelete
  4. Michael CraigOctober 12, 2016 at 4:24 AM

    Well, good to read your post.

    Mike Craig
    Internet marketing

    ReplyDelete
  5. for IT theMarch 3, 2017 at 11:54 PM

    I have read your blog its very attractive and impressive. I like it your blog.


    Digital Marketing Company in India Digital Marketing Agency in India

    SEO Company in India SEO Services in India

    Digital Marketing Company in Chennai

    ReplyDelete
  6. Malar RajaMarch 5, 2018 at 10:08 PM

    Really very nice blog information for this one and more technical skills are improve,i like that kind of post. Selenium Training in Chennai
    Oracle Training in Chennai

    ReplyDelete
  7. DeepaMarch 30, 2019 at 2:02 AM

    Really very nice blog information for this one and more technical skill is improved, I like that kind of post.
    Summer Course Training in Chennai | Summer Course Training in Pallikaranai | Summer Course Training in Pallavaram | Summer Course Training in Madipakkam

    ReplyDelete
  8. rojaApril 4, 2019 at 10:21 PM

    Good Blog....Thanks for sharing your informative and amazing blog with us, it’s very helpful for everyone.
    Summer Course Training in Chennai | Summer Courses for School Students in Chennai | Vacation Course in Perungudi | Vacation Classes in Chrompet | Summer Courses in Palavanthangal

    ReplyDelete
  9. DeepaApril 6, 2019 at 2:03 AM

    Nice Blog... good and more informative post... Thanks for sharing keep updating...
    Summer Course Training in Chennai | Summer Course Training in Saidapet | Vacation Course in Adyar | Summer Classes in Velachery

    ReplyDelete
  10. DeepaApril 7, 2019 at 11:43 PM

    Very informative blog. Thanks for sharing such good information and keep on updating.
    Summer Course Training in Chennai | Summer Courses for School Students in Chennai | Vacation Course in Adyar | Summer Courses in Saidapet | Summer Course in Training in OMR

    ReplyDelete
  11. ajayApril 8, 2019 at 11:04 PM

    Your blog is really amazing with smart and cute content. Keep updating such an excellent article..
    Summer Course in Chennai | Summer Courses for School Students in Chennai | Vacation Course in Nanganallur | Summer Courses Training in Palavanthangal | Summer Course in Porur

    ReplyDelete
  12. JasmineApril 9, 2019 at 5:00 AM

    Really i enjoyed very much. And this may helpful for lot of peoples. So you are provided such a nice and great article within this.
    AWS Certification in Chennai | AWS Certification in Velachery | AWS Training in Taramani | AWS Training in Guindy | AWS Training in Pallikaranai

    ReplyDelete
  13. rojaApril 10, 2019 at 1:52 AM

    Pretty article! I found some useful information in your blog, it was awesome to read, thanks for sharing this great content to my vision, keep sharing.
    AWS Training Center in Chennai | AWS Certification in Velachery | AWS Training in Nanganallur | AWS Training in Palavanthangal | AWS Training in Medavakkam

    ReplyDelete
  14. ramyaApril 11, 2019 at 2:38 AM

    Your blog is very informative with useful information, thanks a lot for sharing such a wonderful article, it’s very useful for me. Keep updating your creative knowledge....
    JAVA Course in Chennai | JAVA Course in Velachery | Java Course in Pallikaranai | Java Course in Taramani | Java Course in Madipakkam | Advanced Java Training in Keelkattalai

    ReplyDelete
  15. ramyaApril 11, 2019 at 2:38 AM

    Your blog is very informative with useful information, thanks a lot for sharing such a wonderful article, it’s very useful for me. Keep updating your creative knowledge....
    JAVA Course in Chennai | JAVA Course in Velachery | Java Course in Pallikaranai | Java Course in Taramani | Java Course in Madipakkam | Advanced Java Training in Keelkattalai

    ReplyDelete
  16. DeepaApril 12, 2019 at 12:34 AM

    This is really too useful and have more ideas from yours. keep sharing many techniques. eagerly waiting for your new blog and useful information. keep doing more.

    Python Training in Taramani     | Python Training in Guindy | Python Certification Centers in Chennai | Python Training in Pallikaranai | Python Certification Training in Velachery

    ReplyDelete
  17. ajayApril 12, 2019 at 4:36 AM

    Great post and informative blog.it was awesome to read, thanks for sharing this great content to my vision.
    Selenium Training in Chennai | Selenium Certification Center in Velachery | Selenium Training Center in Taramani | Selenium Exam Center in Keelkattalai

    ReplyDelete
  18. ramyaApril 13, 2019 at 12:16 AM

    Good and more informative Blog. This content was easily understand and unique. Thanks for sharing this post.
    Selenium Training Institute in Chennai | Selenium Training in OMR | Selenium Course in Velachery | Selenium Certification in Perungudi | Selenium Training in Adyar | Selenium Training Center in Saidapet

    ReplyDelete
  19. JasmineApril 13, 2019 at 10:33 PM

    I have read your blog its very attractive and impressive. I like it your blog...
    Java Training Center in Chennai | Java Course in Velachery | Java Training Institute in Saidapet | Java Training in Adyar

    ReplyDelete
  20. DeepaApril 15, 2019 at 2:45 AM

    Nice and good article. It is very useful for me to learn and understand easily. Thanks for sharing your valuable information and time. Please keep updating...
    AWS Certification in Chennai | AWS Training in Tambaram | AWS Training in Meenambakkam | AWS Training in Porur | AWS Exam Center in Velachery

    ReplyDelete
  21. rojaApril 15, 2019 at 10:46 PM

    Awesome post. Really you are shared very informative concept... Thank you for sharing. Keep on updating...
    Microsoft Azure Training in Chennai | Microsoft Azure Training in Taramani | Microsoft Azure Training in Guindy | Microsoft Azure Training in Pallikaranai | Microsoft Azure Training in Velachery | Microsoft Azure Training in Nanganallur | Microsoft Azure Training in Tambaram | Microsoft Azure Training in Keelkattalai

    ReplyDelete
  22. DeepaApril 16, 2019 at 11:49 PM

    Really very nice blog information for this one and more technical skill is improved, I like that kind of post.
    Python Exam Center in Chennai | Python Exams in Velachery | Python Exam Center in Taramani | Python Certification in Chennai

    ReplyDelete
  23. JasmineApril 18, 2019 at 11:43 PM

    Pretty article! I found some useful information in your blog, it was awesome to read, thanks for sharing this great content to my vision, keep sharing.
    AWS Training in Chennai | AWS Training in Velachery | AWS Certification in Chennai

    ReplyDelete
  24. ramyaApril 20, 2019 at 12:04 AM

    Nice post. This post is very helpful. Thank you so much for sharing this post....
    Linux Training Institute in Chennai | Linux Certification Training Institute in Velachery | Linux Training in Taramani | Linux Training in Pallikaranai

    ReplyDelete
  25. ajayApril 21, 2019 at 10:43 PM

    Awesome post. Really you are shared very informative concept... Thank you for sharing. Keep on updating...
    Java Course in Chennai | Java Training Center in Velachery | Java Training in Taramani | Java Training in Adyar | Java Course in Thiruvamiyur

    ReplyDelete
  26. DeepaApril 22, 2019 at 10:46 PM

    Very good and informative article. Thanks for sharing such nice article, keep on updating such good articles.
    Selenium Certification Training in Chennai | Selenium Course in Velachery | Selenium Training Center in Madipakkam | Selenium Exam Center in Velachery | Selenium Course in Pallikaranai

    ReplyDelete
  27. rojaApril 23, 2019 at 2:23 AM

    Awesome post. Really you are shared very informative concept... Thank you for sharing. Keep on updating...
    Software Testing Training in Chennai | Software Testing Course in Velachery | Software Testing Training in Taramani

    ReplyDelete
  28. JasmineApril 24, 2019 at 12:46 AM

    Nice and good article. It is very useful for me to learn and understand easily. Thanks for sharing your valuable information and time. Please keep updating...
    Web Designing and Development Training in Chennai | Web Designing Course in Velachery | Web Development Course in Chennai

    ReplyDelete
  29. ramyaApril 24, 2019 at 3:11 AM

    This is really too useful and have more ideas from yours. keep sharing many techniques. eagerly waiting for your new blog and useful information. keep doing more.
    Cloud Computing Training in Chennai | Cloud Computing Training in Velachery | Cloud Computing Training in Taramani | Cloud Computing Training in Pallikaranai

    ReplyDelete
  30. ajayApril 24, 2019 at 10:52 PM

    Very interesting topic. Helps to gain knowledge about lot of information. Thanks for posting information in this blog.
    Selenium Training Institute in Chennai | selenium Exam Center in Velachery | Selenium Training in Keelkattalai | Selenium Training in Taramani

    ReplyDelete
  31. DeepaApril 25, 2019 at 3:10 AM

    Pretty article! I found some useful information in your blog, it was awesome to read, thanks for sharing this great content to my vision, keep sharing.
    Python Training Institute in Chennai | Python Training Center in Velachery | Python Exam Center in Taramani | Python Training in Guindy

    ReplyDelete
  32. rojaApril 25, 2019 at 11:09 PM

    Good and more informative blog...New concepts and easily understand.... Thanks for sharing the post....
    AWS Training in Chennai | AWS Training in Velachery | AWS Training in Pallikaranai | AWS Training in Adyar

    ReplyDelete
  33. ramyaApril 26, 2019 at 3:11 AM

    Great post and informative blog.it was awesome to read, thanks for sharing this great content to my vision.
    Java Training Institute in Chennai | Java Training in Adyar | Java Training in Velachery | Java Training in Madipakkam | Java Training in Thiruvamiyur | Java Training in Saidapet

    ReplyDelete
  34. JasmineApril 26, 2019 at 11:40 PM

    Your Blog is really awesome with useful and helpful content for us. Thanks for sharing. Keep updating more information.
    Blue Prism Training Institute in Chennai | Blue Prism Training in Velachery | Blue Prism Training in Taramani | Blue Prism Training in Pallikaranai

    ReplyDelete
  35. DeepaApril 27, 2019 at 5:28 AM

    All the points you described so beautiful. Every time i read your blog content and i so surprised that how you can write so well.
    Uipath Training Institute in Chennai | Uipath Training in Velachery | Uipath Certification in Chennai | Uipath Exam Center in Velachery

    ReplyDelete
  36. ramyaApril 29, 2019 at 11:11 PM

    Nice post. This post is very helpful. Thank you so much for sharing this post....
    Android Training Institute in Chennai | Android Training in Velachery | Android Training in Pallikaranai | Android Training in Taramani

    ReplyDelete
  37. ajayApril 30, 2019 at 9:06 PM

    This is really too useful and have more ideas from yours. Keep sharing many techniques and thanks for sharing the information.
    Software Testing Training Institute in Chennai | Software Testing Training in Velachery | Software Testing Training in Taramani | Software Testing Training in Pallikaranai

    ReplyDelete
  38. rojaMay 1, 2019 at 10:04 PM

    Very good and informative article. Thanks for sharing such nice article, keep on updating such good articles.
    Web Designing and Development Training in Chennai | Web Designing and Development Training in Velachery | Wed Designing Training in Pallikaranai | Web Designing Course in Taramani

    ReplyDelete
  39. DeepaMay 3, 2019 at 12:16 AM

    Good and more informative blog. This blog is useful to everyone and unique content. Thanks for sharing the post keep updating.
    Tally Training in Chennai | Tally Training in Velachery Tally Training in Taramani | Tally Training in Pallikarani | Tally Training in Medavakkam | Tally Training in Madipakkam | Tally Training in Keelkattalai

    ReplyDelete
  40. ajayMay 4, 2019 at 1:54 AM

    Pretty article! I found some useful information in your blog, it was awesome to read, thanks for sharing this great content to my vision, keep sharing.
    Tally Training in Chennai | Tally Training in Saidapet | Tally Training in Guindy | Tally Training in Velachery | Tally Training in Tambaram

    ReplyDelete
  41. JasmineMay 6, 2019 at 1:54 AM

    Very interesting topic. Helps to gain knowledge about lot of information. Thanks for posting information in this blog.
    Graphic Designing Course in Chennai | Graphic Designing Training in Velachery | Graphic Design Training Center in Taramani | Graphic Designing Training in Pallikaranai

    ReplyDelete
  42. DeepaMay 6, 2019 at 11:19 PM

    Awesome post. Really you are shared very informative concept... Thank you for sharing. Keep on updating...
    Tally Training Institute in Chennai | Tally Training in Velachery | Tally Training Center in Taramani | Tally Course in Pallikaranai

    ReplyDelete
  43. ramyaMay 7, 2019 at 11:18 PM

    Very good and informative article. Thanks for sharing such nice article, keep on updating such good articles.
    Uipath Exam Center in Chennai | Uipath Exam Center in Velachery | Uipath Exams in Madipakkam | Uipath Exam Center in Taramani

    ReplyDelete
  44. DhanishMay 8, 2019 at 4:30 AM

    It is amazing and Wonderful blog. Useful information to everyone helps to gain Knowledge. Keep updating such a excellent post.
    Best Web Designing and Development Training Institute in Chennai | Best Web Designing and Development Training Institute in Keelkattalai

    ReplyDelete
  45. JasmineMay 9, 2019 at 2:22 AM

    This is really too useful and have more ideas from yours. Keep sharing many techniques and thanks for sharing the information.
    Tally Course in Chennai | Tally Course in Velachery | Tally Course in Taramani | Tally Training in Pallikaranai

    ReplyDelete
  46. ramyaMay 10, 2019 at 2:34 AM

    Your blog is very informative with useful information, thanks a lot for sharing such a wonderful article, it’s very useful for me. Keep updating your creative knowledge....
    Selenium Training Institute in Chennai | Selenium Training in Velachery | Selenium Course in Adyar | Selenium Training in Taramani

    ReplyDelete
  47. ajayMay 10, 2019 at 10:12 PM

    Nice Post! It is really interesting to read from the beginning and Keep up the good work and continue sharing like this.
    Web Designing Training in Chennai | Web Designing Course in Velachery | Web Designing Training Center in Taramani | Web Designing Course in Medavakkam

    ReplyDelete
  48. DeepaMay 12, 2019 at 9:59 PM

    I have read your blog. It’s very informative and useful blog. You have done really great job. Keep update your blog.
    Microsoft Azure Training in Chennai | Microsoft Azure Training in Taramani | Microsoft Azure Course in Velachery | Microsoft Azure Training in Keelkattalai

    ReplyDelete
  49. rojaMay 13, 2019 at 9:16 PM

    Good Blog....Thanks for sharing your informative and amazing blog with us,its very helpful for everyone..
    Linux Training Institute in Chennai | Linux Training Center in Velachery | Linux Training in Medavakkam | Linux Training in Madipakkam | Linux Training in Adyar

    ReplyDelete
  50. JasmineMay 14, 2019 at 10:58 PM

    Good Blog....Thanks for sharing your informative and amazing blog with us,its very helpful for everyone..
    Android Training Institute in Chennai | Android Training Center in Velachery | Android Course in Taramani | Android Training in Medavakkam | Android Training in Pallikaranai

    ReplyDelete
  51. ramyaMay 17, 2019 at 1:56 AM

    Good Post! Thank you so much for sharing this pretty post, it was so good to read and useful to improve my knowledge.
    Python Training Institute in Chennai | Python Training in Velachery | Python Training in Taramani | Python Training in Pallikaranai | Python Training in Keelkattalai

    ReplyDelete
  52. DeepaMay 20, 2019 at 8:57 PM

    This comment has been removed by the author.

    ReplyDelete
  53. DeepaMay 20, 2019 at 8:59 PM

    This blog very easily understandable. Thanks for sharing such an informative post with us. This is a nice post in an interesting line of content.
    Java Training Institute in Chennai | Java Training Center in Velachery | Java Course in Taramani | Java Training in Pallavaram

    ReplyDelete

Subscribe to: Post Comments ( Atom )