Build on your own lot (BOYL) in Oregon
For many adults, homeownership is the ultimate dream, and it’s obviously a considerable commitment to make. If you and your family are choosing a home to live in for years (or even decades) to come, you want to make sure it’s exactly where you want and how you want it.
It’s for this exact reason that many of our clients in central Oregon choose the “build on your own lot” route. If you’ve ever seen that acronym and wondered what it means, we’re here to help!
What does “build on your lot” (BOYL) mean?
As you’ve already seen in this article, the acronym BOYL stands for Build on Your (Own) Lot. But what exactly does that mean?
In contrast to buying a home that’s already been constructed (and likely lived in), build on your lot gives you the freedom to purchase your own parcel of land (the “lot”) and commission a professional home builder to design and construct the home of your dreams on the lot.
Benefits of building on your lot in Oregon
There are so many upsides to choosing to build on your own lot. It’s not just about location, it’s also about the home itself!
Pick your neighborhood
Here in Oregon, we’ve got so many different kinds of beautiful landscapes. You could pick a lot in the mountains, on the Pacific coast, along the river, or even in the desert! Building on your lot gives you much more freedom to decide where your home will go.
Custom-designed home just how you want it
When all you’re starting with is an empty lot, the sky is the limit. If you’re working with the Central Oregon custom home builders at New Era Homes, you’ve got a sizable list of custom floorplans to choose from! You can also rest assured that any custom home we build for you is built to the highest standards.
Modern, green, and energy-efficient
Homebuilding standards have changed significantly even in the past ten years. If you buy a pre-built home, you can’t know for sure that it’s as energy-efficient and eco-conscious as a home built this year would be. New Era Homes has over 20 Green Standards that all of our new homes include, such as triple-pane low E windows, dual flush toilets, and high-efficiency electric stoves.
What Oregonians need to know before building on your own lot
Each city and state has specific requirements for building a brand new home on your own lot. New Era Homes is based in central Oregon, so we’ll be able to help you through the process if you want to build on your lot in Central Oregon.
Financing your new-home build
Even if you’ve already purchased your lot, building a new home is likely one of the more expensive things you’ll finance in your life. Luckily for you, we’ve already written a detailed guide for financing your land and home in central Oregon!
How long does it take to build on your lot in Oregon?
Building a new custom home takes approximately 10 months. Here’s a snapshot of an average build timeline from New Era Homes:
Building a new home to the exacting standards our clients deserve takes time. Other custom home builders might promise a surprisingly (and unrealistically) quick turnaround, but you should be suspicious of such timelines.
Get started on your custom build today!
Now that you’ve learned about what build on your lot (BOYL) means, along with the benefits and requirements that come with it, what’s stopping you from building your dream home?! New Era Homes has more than a decade of experience designing and constructing custom homes. Contact us online today or give us a call at 541-330-5463.