Kit home cost is much smaller than traditional homes so this is an attractive path to ownership for the masses. The cheapest ones are well under $10,000. This means that anyone can build an independent dwelling without exhausting their life savings. They don’t even have to borrow money from the bank in most cases.
There are also bigger kit homes that costs tens of thousands or even exceed a hundred thousand dollars. If you need a lot of rooms and high quality finishes, then you should aim for this range. They are still cheaper per square meter compared to traditional builds especially since you won’t have to pay much for labor.
If you have an idle piece of land, then perhaps it is time you develop it. Build your own home with the money that you have and live mortgage-free.