Building vs. Buying a Home: We Help You Weigh the Pros and Cons of Each
To build or not to build... that is the question.
We get asked all the time - is it better to purchase a new home or a resale home? Well, that depends. It depends on which factors of homeownership are most important to you. So, we're outlining the Pros and Cons of Building vs. Buying to help you make your decision.
Building allows you to shop around for the lot/property that is perfect for you. However, finding that perfect lot 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 can find homes with a mature landscape, saving you time and money on establishing a design. But remember that when you're buying, you are buying someone else's design. So you just may need to make changes and updates eventually.
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 more modern and efficient technology. 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 may not have all the bells and whistles of a new home. However, you can always remodel the home to have the features or design you want. And there are many properties on the market where the legwork has already been done. We can help you find those homes!