Is it cheaper to build or buy in Mexico? The answer may surprise you

Is it cheaper to build or buy in Mexico? The answer may surprise you

For many people considering property in Mexico, one of the first questions is whether it makes more financial sense to build a home from scratch or buy an existing one. On paper, building often appears to be the less expensive option. Labor costs are lower than in the United States or Canada, and construction estimates per square meter can look appealing when compared to the asking prices of finished homes. In practice, the decision is rarely st…