My main business is construction - commercial and residential. Some good advice given to you already here, also on buying an existing and gutting it - some good bargains out there. Here"s a few thoughts for new:
Run the numbers and see what it is to have it "white boxed". That"s dried in, all elec, plumb, and mech"l roughed in and drywall finished. You can sub out those trades or have one general do that part. What"s left - trim and finishes, you can still save on and if you make mistakes, they"re easier to correct (as opposed to goofing up a foundation). The finishes are also easier on your schedule - you"re out of the weather and your work really doesn"t hold up the project too bad.
Believe it or not, there"s some science and tech that goes into doing a house right. Most people with good work ethic and reasonable skills can frame, roof, etc. However - you really need a very good understanding of water and how to manage it. Proper flashing, air sealing (and not sealing in some cases), moisture transmission, etc. can make or break a house and it may not make itself evident until later. I"ve unfortunately had to undo what many do-it-to-yourselfers have done. They"ve done it according to product specs, and tried to do it right, but did not have a grasp on how the whole thing works together. I don"t want to discourage you, rather encourage you to do some research on this part of the process - it will help you decide how much you want to try yourself and if not, will help you select the right tradesmen to help you. Last, by going the white box route and subbing those trades, then doing your finishes you can easily save 20% or more on the cost.
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Today's Featured Article - Oil Bath Air Filters - by Chris Pratt. Some of us grew up thinking that an air filter was a paper thing that allowed air to pass while trapping dirt particles of a particles of a certain size. What a surprise to open up your first old tractor's air filter case and find a can that appears to be filled with the scrap metal swept from around a machine shop metal lathe. To top that off, you have a cup with oil in it ("why would you want to lubricate your carburetor?"). On closer examination (and some reading in a AC D-14 service manual), I found out that this is a pretty ingenious method of cleaning the air in the tractor's intake tract.
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