You already own the lot. You already have a target budget. You already know the type of house you want. But you are thinking: “Maybe I will wait another two years.” That may be a reasonable decision. Two more years can give you time to: Save more money Improve your financial position Complete your documents Prepare for financing Refine your house design But there is another side of the decision. While you are saving, construction costs may also change. Labor rates may change.