In recent weeks we’ve been hearing from clients who want to make the move to a better property and build, but are hesitant to take the next step. Because our company does mostly high-end, custom projects, our clients can afford to build, but they feel guilty about spending any money when so many people are struggling.

But now is the best time to build. Lot values have hit levels we haven’t seen since 2003. Building costs – both labor and materials – are the lowest they’ve been in a decade. Costs are down about 30 percent, letting you take advantage of significant savings.

With less work on the horizon, materials and subcontractor labor costs are dropping as they compete for what work is out there. In fact, prices are becoming as competitive as they should have been in recent years.

Homeowners are at a distinct advantage. You can build the home you’ve always wanted for less money, which means you can add that swimming pool, sunroom or spa-like bathroom because you’re spending less money on the entire project.

We also stress to clients who can afford to build that they are in fact stimulating the economy. Don’t feel guilty about building a new house; instead, see it as an opportunity to employ your neighbors. Hire an architect, a contractor, painters, interior designers and cabinet makers. They’ll be grateful and happy to have the business.

People may be tempted to put their lives on hold because of an uncertain economy, but there’s never been a better time to build. And, predictions are the economy will improve next year, so if you don’t start the design and building process now, you’ll miss out on the lower costs.

Consider building your new home today – there’s no time like the present.