Join us for an engaging episode of '15 Minutes with Paul Ward' where we explore the intricacies of the real estate market. In this enlightening conversation, Paul Ward, a seasoned real estate expert, delves into the comparison between purchasing an existing home and embarking on the adventure of constructing a custom home. Drawing from his extensive knowledge of Ventura County's diverse neighborhoods, Paul illuminates the advantages and drawbacks of each route, offering valuable guidance to help you make a well-informed decision tailored to your individual needs and aspirations. Whether you're a first-time homebuyer, a seasoned investor, or simply intrigued by Ventura County's dynamic housing landscape, this episode guarantees to equip you with invaluable insights to navigate your real estate ventures effectively. From discussing the costs and permitting process of building to the importance of factors like distance to utilities and soils testing, Paul provides comprehensive advice that will empower you in your housing journey.   Watch the full episode HERE What you will learn in this episode: 0:00 Welcome to the Show0:11 Today we will discuss whether you Should Buy a House or Build a House0:32 If you’re buying a house, you can expect these things0:47 If you’re building a house, you can expect these things1:15 Considerations when Building1:20 Building Cost and how to calculate an estimate of total cost1:48 The Permitting Process and what it entails3:11 Distance to Utilities and the importance of this4:00 Why is the Fire Department important when building a home?5:27 Soils testing: Why is it necessary and what to expect6:13 Caissons and why these are important in your build6:30 Cost of Construction vs Value of home once build is done7:36 Is it worth it to build?7:58 If the idea is to save money- what’s better? Paul even mentions “Fixer Uppers”8:41 Paul’s final thoughts on Building Dreams or Buying History9:07 Contact Paul via email: paul@homeandranchteam.com9:12 Thank you to our sponsor: Opus Escrow   Related Episodes: Where Are Real Estate Prices Headed in Ventura County? Zoning Laws and Permits in Ventura County, CAFirst Time Home Buyer Specialist Marianne Caprino    How to reach Paul:paul@homeandranchteam.com805-479-5004    Check out our featured listings as well as other properties for sale in the area: www.Homeandranchteam.com  Have ideas for future episodes? We'd love to answer your questions - leave a comment! For any home buying or home selling needs in the Ventura County area of California, please reach out to Paul@HomeAndRanchTeam.com or visit www.HomeAndRanchTeam.com   A special THANK YOU to our sponsor! Farm Talk with Paul Ward would not be possible without the support of our sponsor Opus Escrow. Supporting our sponsor ensures Farm Talk can provide listeners with the best possible episodes.