When deciding on your next home, the question always arises: is it better to build or to buy? This is an important decision that requires careful consideration. Although there is no single answer, there are a few key points that should help make the choice clear for your particular lifestyle, budget, goals, and preferences.
Going through the benefits and possible drawbacks of each option is a great first step. The following breakdown will take a closer look at these details, and will hopefully provide you with the information needed to make a confident and educated decision.
Building a Home: Benefits
Customized
Putting your own touch on the home can go far beyond simple aftermarket decorations. When having a home built from the ground up, you can choose whichever style suits you best. This is surely the best option for those who want to infuse their own personality into the home from the start, with permanent installations like countertops, cabinets, fireplace, closet sizes and more.
Clean and Clear
The best way to know for certain that your new home is clean? Have it built brand new. With all new materials and no dust, dirt, or grime from years of being lived in, building a new home is surely the best option for those seeking a fresh start and a clean, nearly sterile environment in which to live.
Energy Efficient
Just within the past decade, there have been amazing advancements in energy efficiency within the home. Helping the environment and your pockets, commissioning a new build means less energy waste. You can work with your builder to choose the highest rated insulation, windows, and appliances in terms of efficiency.
Timeline
Although many people would imagine that building a new home takes years, this aspect may not be as much of a challenge as you would expect. Professional builders can sometimes have your home ready in just a few months, which can be comparable to the amount of time it takes to filter, view, and place a bid on pre-existing homes.
Buying a Home: Benefits
Timeline
If you are fortunate enough to find a move-in ready dream home, place a bid, and have your first offer accepted, buying a home can sometimes be faster than having to wait for a build. However, this should be carefully scrutinized before making your decision, as inspections may discover required repairs that add unexpected time to this process.
Predetermined Location
As opposed to settling on a development location chosen by a builder, or purchasing property separately, buying a home may make the decision easier, since they have already been built with proximity to schools, stores, and more in mind. In some cases, however, this may limit the homeowner on their options, or they may need to sacrifice the type of land they desire.
After weighing the pros and cons, the choice should be clear for you. Is it better to build or to buy? Ultimately, that decision is yours to make. If the idea of building a brand new home is the route you wish to take, or if you have any in-depth questions before making a final decision, contact Watlee Construction today for a consultation.
