Building vs. Buying A Home: These Factors Should Help You Decide
Making the decision between buying a home or building a home can be very difficult to determine. However, when you are making any large financial decision, it is always in your best interest to seek advice from a professional. To help you with your decision, we decided to bring you a few Pros and Cons of Building vs. Buying.
Lot & Landscape
Building allows you to shop around for the lot/property that is perfect for you. However, finding that perfect lot is not so simple and can become very time consuming, stressful, and expensive. Also, the building process can take as long as 6-12 months before you can move in and enjoy your new home.
When purchasing an existing home, you will find homes that have a mature landscape, which will save you the time and money of establishing the yard. Buying often takes making a few sacrifices of design, layout, and features you may desire. That is where we come in to help find the perfect house.
Building will allow you to have the up-to-date products and efficiency standards built right into the design of your home. This can help reduce utility bills and the energy costs that your home intakes.
When it comes to buying, you can always update to the modern technologies and efficiencies in the existing home. If you receive a good deal when purchasing the home, you may have the budget left over to make those energy upgrades.
Building Standards & Control
One benefit of building is that the materials being used to build your home are new and that your home will be built using the modern day codes and regulations. Another benefit is that you will have warranties on many of the products used to build your new home.
Existing homes can be ready for you to move in. However, you can always remodel the home to have the features or design you want. There are many properties on the market where the legwork has already been done. We can help you find those homes!
More questions about building vs. buying? Contact us here!