The Homebuilding industry is cyclical, so you need to be prepared for ups and downs. However, if you’re willing to put in the hard work, there are many opportunities for advancement in this field.
And, with the current shortage of skilled tradespeople, now may be a good time to consider a career in homebuilding.
Salaries vary depending on your skills and experience, but generally speaking, Home Builders earn a good wage. And, with the cost of housing on the rise, there’s a lot of potential for growth in this field.
So is homebuilding a good career path? It depends on your goals and circumstances.In order to determine the pros and cons of pursuing a career in Home Builders, make sure to read this article. Here, you’ll find advice to help you decide if you’d like to pursue a career in this field.
- What Is Homebuilding?
- Types Of Homebuilding:
- What is the Scope of Homebuilding?
- So, What Accounts For This Growth?
- So, Is Homebuilding A Good Career Path?
- Good Pay
- Job Satisfaction
- Variety of Careers
- How Much a Homebuilder Can Earn?
- How To Enter The Construction Industry?
- 20 Best Paying Jobs in Homebuilding
- Architect (Average Annual Salary: $90,000)
- Architectural Engineer (Average Annual Salary: $96,000)
- Construction Engineer (Average Annual Salary: $74,000)
- Project Manager (Average Annual Salary: $96,000)
- Construction Supervisor (Average Annual Salary: $87,000)
- Plans Examiner (Average Annual Salary: $60,000)
- Real Estate Developer (Average Annual Salary: $78,000)
- Space Planner (Average Annual Salary: $68,000)
- Construction Foreman (Average Annual Salary: $65,000)
- Construction Inspector (Average Annual Salary: $50,000)
- Architectural Drafter (Average Annual Salary: $49,000)
- Carpenter (Average Annual Salary: $40,000)
- Electrician (Average Annual Salary: $53,000)
- HVAC Installer (Average Annual Salary: $47,000)
- Plumber (Average Annual Salary: $54,000)
- Mason (Average Annual Salary: $43,000)
- Drywall Hanger (Average Annual Salary: $30,000)
- Painter (Average Annual Salary: $34,000)
- Excavator Operator (Average Annual Salary: $41,000)
- Roofer (Average Annual Salary: $35,000)
- Educational and Certification Requirements for the Carers in Homebuilding
- Frequently Asked Questions About The Homebuilding Career Path
What Is Homebuilding?
Construction of residential buildings is called homebuilding. It usually involves the construction of new homes, but sometimes includes the renovation of existing dwellings.
Homebuilders are usually general contractors who subcontract the work to different trades, such as electricians and plumbers.
The process of homebuilding begins with the design of the house. The architect or designer creates drawings of the house that show the layout of the rooms and indicate where the plumbing, electrical wiring, and other features will be installed.
Once the design is complete, it is submitted to local building officials for approval.
If the plans are approved, a site is chosen for the new home. The builder then submits a permit application to begin construction. Construction typically starts with the foundation, which must be sturdy enough to support the weight of the house.
Types Of Homebuilding:
When people in the construction industry talk about the type of building project, the vast majority are referring to the actual building being constructed.
But there are other types of projects that involve construction. One example is homebuilding. Homebuilding can be subdivided into two categories:
- New construction.
In new construction, a builder creates an entirely new structure, In building a new home, you will be dealing with the following stages:
- Site preparation and clearing
- Foundation construction
- Electrical and plumbing installation
- Framing and siding construction
- Roofing and siding installation
- Interior finishing (drywall)
- Interior painting and decorating (carpentry)
- Interior landscaping
Whereas in remodeling/renovation, an existing structure is altered and you will be dealing with these stages:
- Remodeling Kitchen and Bathroom
- Adding a Living Room
- Adding a Bedroom
- Remodeling the Basement
- Remodeling the Dining Room
- Additions to the Basement
- Remodeling the Garage and Other Outbuildings
What is the Scope of Homebuilding?
The current state of the homebuilding market is one of growth and opportunity. The Bureau of Labor Statistics projects that the number of jobs in homebuilding will grow by 6% between 2020 to 2030. That’s a good growth rate projected for the overall economy.
And with interest rates still relatively low, there’s no sign that this sector is going to slow down anytime soon.
So, What Accounts For This Growth?
A combination of factors, including population growth, millennials moving into their own homes, and an increase in single-family homes versus apartments.
In addition, many people are choosing to renovate their existing homes rather than buy a new one. This is great news for contractors, builders, and suppliers in the homebuilding industry.
As the market continues to grow, it’s important to stay ahead of the curve on trends and technologies.
So, Is Homebuilding A Good Career Path?
Being a skilled professional in the construction field is a worthy choice since there is a lot of opportunity in the field, it pays well, and it’s a stable source of job.
However, some roles are better and others are worse. Here are five critical reasons you can depend on a career in the construction or building fields.
There is no doubt that working in the construction industry offers good pay and job security. But for many people, the thought of working with their hands all day is not appealing.
For those who are looking for a career in construction that offers good pay and less physical labor, homebuilding may be a good option.
Homebuilding is a growing industry, and there are many positions available that offer good pay and benefits.
Jobs in homebuilding range from entry-level to management positions, so there is something for everyone. And because the industry is growing, there are many opportunities for advancement.
The feeling of being rewarded for your actions and commitment is known as employee job satisfaction. Working in construction or home building provides opportunities for you to feel gratified and constantly leave you feeling satisfaction with your accomplishments.
A construction job will provide you the opportunity to bring in your vision of your house to inspect it frequently. You will also have the ability to take notes, make improvements, and continue learning your invention to improve your skills even more.
Not even the money that can be made along the way can compare to the sense of pride that comes from knowing you made the difference yourself.
There are many benefits to having a flexible work schedule in the homebuilding industry. A flexible work arrangement enables employees to select the time during which they work and the place, too.
A flexible work atmosphere can assist eliminate stress and maximize job fulfillment in employees’ lives.
The flexibility of a career in housebuilding is unmatched in most other fields of employment. While you are currently in school, homebuilding classes will offer you the chance to gain practical experience in the field while still pursuing your education.
Especially if you’re skilled in construction and home building, you should keep in mind that these fields are both readily attainable spots to locate employment.
Variety of Careers
The industry offers a variety of opportunities for people with different backgrounds and interests. Some homebuilders work as carpenters, while others specialize in design or construction management.
Many people start their careers as apprentices and then move up the ladder as they gain experience.
Some homebuilders work on new homes, while others specialize in remodeling or repairing existing homes. There are also opportunities to work in the manufacturing sector, where companies make the components that go into homes.
Homebuilding is a growing industry, so there are always new opportunities for people who want to enter the field.
Good builders have a variety of connections at their disposal. They can connect with architects to design a custom home, or connect with suppliers to get the best materials at the best price.
They also know how to connect with clients, listening to their needs and wants and turning them into a reality.
A good builder will make these connections for you, saving you time and money. They have the experience and expertise to get the job done right, on time and on budget.
How Much a Homebuilder Can Earn?
A beginning builder might expect to earn around $10 per hour, while those with more experience can command as much as $50 or more per hour. In a day, a builder might expect to complete 4-6 projects, earning an average of $400-$600.
Over the course of a year, a builder might complete around 70 projects, earning an average salary of $35,000-$50,000.
How To Enter The Construction Industry?
If you’re looking to start a career in the construction industry, there are a few key things you need to know.
- First, it’s important to understand the different types of construction jobs and what each entails. There are many different specialties within the construction field, so it’s important to find one that matches your interests and skills.
- Once you’ve identified the type of construction job you want, you need to learn what is required to qualify for that position. Most construction jobs require some form of training or certification, so be sure to research the necessary requirements ahead of time.
- Networking is also key in the construction industry, so be sure to reach out to people in your field and attend industry events.
- Some construction jobs require specific skills, so make sure you have them before you apply for the position.
- Remember, it’s important to be ready for any type of job offer that comes your way in the construction industry.
20 Best Paying Jobs in Homebuilding
Architect (Average Annual Salary: $90,000)
There are many job opportunities in the homebuilding industry for architects. Architects design homes and other structures, so their skills are in high demand in this field. They can work for homebuilders, architectural firms, or construction companies.
The job of an architect can be very rewarding. They get to see their designs come to life, and they often have a hand in creating beautiful and functional homes. Architects also typically have good working conditions, with regular hours and good pay.
There are some challenges that come with being an architect. One is dealing with clients who may not always know what they want. Architects also need to be able to manage their time well, as they often have several projects going on at once.
Architectural Engineer (Average Annual Salary: $96,000)
An architectural engineer is responsible for the design of a building’s exterior and interior and the coordination of all related work.
They may also be involved in the construction process, ensuring that the building is constructed according to plan. If you are interested in a career in homebuilding, an architectural engineer is a great option.
Most architects start their careers as interns, working under a licensed architect. This can be a great way to learn the trade and get experience.
Once you have obtained your license, you can start your own practice or join an architectural firm. Architectural engineers can also find work in construction firms or engineering consultancies.
The job market for architects is projected to grow by 8 percent through 2024, so there are plenty of opportunities available. Architects who have strong design skills and knowledge of construction processes will have the best job prospects.
Construction Engineer (Average Annual Salary: $74,000)
Construction Engineer job in Homebuilding career. A construction engineer is someone who plans, designs, and oversees the construction of buildings and other structures. They work on everything from the initial planning stages to the finished product.
This can be a very rewarding career for someone who enjoys working with their hands and seeing a project through from start to finish.
There are many different specialties within this field, so there is likely something that will interest everyone. Some construction engineers may specialize in designing bridges or skyscrapers, while others may focus on residential home building or remodeling projects.
No matter what your specialty is, you will need to have strong math and engineering skills in order to be successful.
Project Manager (Average Annual Salary: $96,000)
A homebuilding project manager oversees all aspects of a construction project from start to finish, ensuring that it is completed on time, within budget, and to the client’s satisfaction.
They work with subcontractors, suppliers, and builders to make sure that all aspects of the project are coordinated and running smoothly.
Project managers typically have a degree in engineering or construction management, and several years of experience in the homebuilding industry.
The job of a project manager is both challenging and rewarding. They must be able to manage multiple tasks simultaneously and keep track of complex schedules and budgets.
They also need strong communication skills, since they will be working with many different people throughout the course of the project.
Construction Supervisor (Average Annual Salary: $87,000)
A construction supervisor oversees the construction of a home. He or she ensures that the project proceeds smoothly and on schedule.
The supervisor makes sure that all the workers are doing their jobs correctly and that the materials are delivered on time. The supervisor may also be responsible for ordering materials and hiring subcontractors.
The construction supervisor’s job is important because a home is a major investment. It’s crucial that the home is built correctly and in a timely manner. The supervisor is responsible for ensuring that the home meets all safety and code requirements.
The construction supervisor usually has several years of experience in the construction industry. He or she must be able to manage people and resources efficiently. The supervisor must also be able to communicate effectively with clients, subcontractors, and workers.
Plans Examiner (Average Annual Salary: $60,000)
Many people may not think of a career in homebuilding when looking at potential jobs, but there are many different positions in the industry that may be of interest.
One such position is a plans examiner.
A plans examiner is responsible for reviewing building plans to ensure that they meet all applicable codes and regulations. This is a critical job in the homebuilding process, as it helps to ensure that homes are safe and compliant with all laws and regulations.
A career as a plans examiner can be both challenging and rewarding, and it can provide opportunities for growth and advancement within the homebuilding industry.
Real Estate Developer (Average Annual Salary: $78,000)
Real estate developers are responsible for the creation of new homes and neighborhoods. They may work for a homebuilding company, or they may be self-employed.
A real estate developer typically has a background in engineering, architecture, or construction. He or she must be able to manage budgets and timelines, and must have strong business skills.
The job of a real estate developer can be very challenging. He or she must deal with zoning laws, permitting processes, and the ever-changing market conditions.
A real estate developer must also have a good eye for design, and must be able to create neighborhoods that are both functional and attractive.
A career in real estate development can be exciting and rewarding. The pay is typically good, and the work is challenging. It can be difficult to break into this field, but it is well worth the effort.
Space Planner (Average Annual Salary: $68,000)
Space Planners are responsible for creating the floor plans for a new home. They must take into account the size and layout of the rooms, as well as the location of doors and windows.
They also need to consider the needs of the family that will be living in the home, including storage space and closet space. Space Planners typically have a degree in architecture or interior design.
Construction Foreman (Average Annual Salary: $65,000)
A construction foreman is a critical member of any homebuilding team. They are responsible for the day-to-day management of the construction site, as well as ensuring that all crew members are working safely and efficiently.
This job can be extremely demanding, but it also offers many opportunities for career growth.
If you’re interested in becoming a construction foreman, there are several things you can do to increase your chances of getting hired. First, make sure you have a strong understanding of the construction process and all related safety protocols.
You should also have experience leading a team of workers and be able to effectively communicate with clients and subcontractors.
The best way to learn more about this career is to talk to someone who’s already in it. Ask them about the challenges and rewards of the job, and find out what kind of training and education is required.
Construction Inspector (Average Annual Salary: $50,000)
Construction Inspectors are responsible for inspecting the construction and progress of homes and other buildings. They make sure that the construction is up to code and meets all safety regulations.
This is a great job for someone who likes to stay organized and have an eye for detail. Construction Inspectors must be able to work independently and have good communication skills.
A career as a Construction Inspector can be very rewarding. You get to see the final product of your work, and you know that you helped make it safe and up to code.
There are many opportunities for advancement in this field, so it’s a great way to start your career in homebuilding.
Architectural Drafter (Average Annual Salary: $49,000)
An architectural drafter is someone who uses computer software to create detailed drawings of buildings and other structures. They may also be responsible for creating specifications and working with contractors to make sure the project is completed on time and within budget.
Some drafters may also specialize in designing specific parts of a building, such as the roof or the windows.
If you are interested in pursuing a career in homebuilding, becoming an architectural drafter may be a good option. This is a position that requires attention to detail and a passion for creating beautiful structures.
There are many schools that offer degree programs in architectural drafting, and there are also many online courses available.
Carpenter (Average Annual Salary: $40,000)
A carpenter is someone who constructs, repairs and maintains wooden structures. They work in a wide range of industries, from homebuilding to construction to boatbuilding.
The carpenter job in a homebuilding career is a very important one because the carpenter is responsible for creating the frame of the house.
This frame serves as the foundation and provides support for everything else that goes into the house. The carpenter job in homebuilding career also includes installing windows, doors, cabinets and other fixtures.
Electrician (Average Annual Salary: $53,000)
Electrician job in Homebuilding career. Electricians are always needed in the construction industry, and homebuilding is no exception. Those with experience in this field can expect to find good job security and steady work.
Electricians often work on new homes, installing electrical wiring and fixtures. They may also be responsible for troubleshooting electrical problems and making repairs. Some electricians may specialize in a particular area, such as commercial or residential construction.
Most electrician jobs require a high school diploma or equivalent. However, some employers may prefer to hire those who have completed an apprenticeship program. Electricians must have a strong working knowledge of electrical codes and regulations.
They must also be able to read blueprints and have good problem-solving skills. Because of the dangerous nature of the job, safety is always a top priority for electricians.
HVAC Installer (Average Annual Salary: $47,000)
One of the best jobs to have in this industry is an HVAC installer. If you’re looking for a career in homebuilding, becoming an HVAC installer is a great way to get started.
HVAC installers are responsible for installing and maintaining heating, ventilation, and air conditioning systems in homes and businesses. This is a very important job, and it’s essential that HVAC installers have the proper training and experience.
If you want to become an HVAC installer, you need to be willing to learn new things and be able to work independently.
The job market for HVAC installers is growing rapidly, so there are plenty of opportunities available.
Plumber (Average Annual Salary: $54,000)
A plumber is one of the most important people in the construction of a new home. They are responsible for ensuring that all the water pipes and drainage systems are installed correctly. This means that they must have a good knowledge of both plumbing and construction.
Plumbers can find work in many different parts of the construction industry. Some may work for builders, installing the plumbing systems in new homes. Others may work for construction companies, installing and maintaining the plumbing systems in buildings under construction.
Plumbers can also find work in repair and maintenance. They may be called upon to fix a burst pipe or to unblock a drainage system. Plumbers who are good at their job can expect to find employment in this field for many years.
Mason (Average Annual Salary: $43,000)
Masonry is a skilled trade that has been used for centuries to build everything from homes and other buildings to bridges and monuments. The skills required to be a mason are learned through on-the-job training and apprenticeship programs.
Masons typically work with brick, stone, or concrete to create the structure of a building. They may also be responsible for installing windows, doors, and other features. Masonry is a challenging trade that can be rewarding both financially and creatively.
If you are interested in becoming a mason, there are many programs available that will teach you the necessary skills.
There are also many opportunities for advancement within the field, so if you are looking for a career that offers both stability and variety, masonry may be the right choice for you.
Drywall Hanger (Average Annual Salary: $30,000)
Drywall hangers install and tape the drywall in homes and other buildings. This is a physically demanding job that requires strength and stamina. It can be a dangerous job, too, so safety is always a top priority.
Drywall hangers typically start out as apprentices, working under the guidance of more experienced workers.
They learn how to measure and cut the drywall, how to hang it properly, and how to tape and finish the seams. It takes time and practice to develop the skills needed for this job.
The pay for drywall hangers varies depending on their experience and skillset, but it’s average pay is $30,000/year. And with experience, they can move up into supervisory roles or even start their own businesses.
Painter (Average Annual Salary: $34,000)
Homebuilding is a career that many people are interested in, but may not know how to get started. One of the best ways to get started in homebuilding is by becoming a painter.
A painter’s job is to prepare and paint the exterior and interior surfaces of a house. This can be a great way to get your foot in the door of the homebuilding industry.
There are many things that go into being a successful painter. First, you need to have a good eye for detail and be able to follow directions carefully. You should also be able to work independently and have excellent time management skills.
Painting can be a physically demanding job, so you must be able to lift heavy objects and work in all types of weather conditions.
Excavator Operator (Average Annual Salary: $41,000)
Excavator operators are responsible for digging trenches and holes for foundations, footings, and other structures. They also move earth and other materials to create embankments, slopes, and roadways.
Excavator operator is a physically demanding job that requires strength, stamina, and good hand-eye coordination. It is also a dangerous job, so it is important to be safety conscious at all times.
If you are interested in becoming an excavator operator, there are several schools that offer certification programs. Many employers also require their operators to be certified by the Occupational Safety and Health Administration (OSHA).
Roofer (Average Annual Salary: $35,000)
There are many different careers in the homebuilding industry. One of those careers is a roofer. A roofer’s job is to install, maintain and repair roofs on buildings. They work on both residential and commercial buildings.
A roofer typically works with shingles, metal, slate or tile. They must be able to work at heights and have a good understanding of mathematics and geometry to calculate angles and measurements. Roofers also need to be able to work in all weather conditions.
Roofers can find employment with general contractors, roofing contractors or specialty subcontractors. They may also start their own business as a self-employed contractor.
Educational and Certification Requirements for the Carers in Homebuilding
Architecture: Architecture knowledge is useful if you are a house builder. Even if you don t, architecture lessons will often serve you well.
Architectural Engineering: It’s great if you want to be an architectural engineer, but your architectural engineering degree will also have its advantages for other purposes.
Interior Architecture: The interior design is more attuned to the inside of the building than on the exterior. Nevertheless, improving the interior is also of use for other interior finishing techniques.
Construction Engineering: Knowing the mechanics of building as a whole or construction engineering may be valuable for you if you want to be an engineer.
Construction Management: Those who already work for construction companies but are looking to move up into management positions the cost for this degree is not expensive.
It is not necessary to have construction experience for this degree, but possessing an understanding of the lower-level managerial positions generally makes you more competitive as a manager.
Homebuilding can be a great career path for those who are passionate about architecture and design, have strong problem-solving skills, and enjoy working with people. It can be a challenging and rewarding field, and there are many opportunities for advancement. If you are interested in pursuing a career in homebuilding, ask your local builders’ association for information about training programs and job openings in your area.