Common challenges in residential construction include cost overruns, project delays, and labor shortages. Poor planning and inaccurate budgeting can lead to unexpected expenses. To overcome this, thorough pre-construction planning and contingency funds are essential. Delays often result from supply chain disruptions or weather conditions. Mitigating these requires flexible scheduling and proactive procurement strategies. Labor shortages can impact quality and timelines, so investing in workforce training and retaining skilled labor is crucial. Effective communication among stakeholders is vital to manage expectations and ensure smooth project execution, reducing the impact of these challenges on the overall construction process.