
Trying to decide whether to build a new home or buy an existing one? It's a big choice, and money is usually the first thing people think about.
Building a house in Canada is a dream for many. In British Columbia, doing so costs an average of approximately $250–$350 per square foot. But in areas like the Okanagan and Lower Mainland, it’s significantly higher.
For a 2,000-square-foot home, that equates to $500,000 to $700,000 just for construction—not counting the land!
And there's way more to think about than just the price tag. Let's break down what you need to know to make the right choice for you.
What Costs Less: Building or Buying?
The short answer? Buying an existing home is usually cheaper upfront.
In Kelowna, BC, building
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