Building or Buying a Home: Which is Right for You?

When it comes to getting what you want in your home, the question comes down to whether you build it or look for the perfect house to buy.

For those who prefer new construction, the option of starting from scratch is very viable. Here are some vital factors to consider before getting started:

1. Cost

Building a new house from scratch may seem costly, but after an extensive breakdown and with proper management of resources, it may turn out to be less expensive than buying a home that you then must remodel to suit your taste. It is essential to do a total cost analysis to avoid slowdowns during the construction.

2. Flexibility

Flexibility is one factor that people who prefer to build new houses mention. They can modify the house to their taste without having to fit into a preset structure. If customization is a priority for you, this is a great place to start. You’ll have much more flexibility in the layout of your home and will be able to customize it to your liking.

3. Duration

Building your home requires many choices: finding the land and hiring a contractor to accompany you throughout your project are possibly top priority. From design to site monitoring, until the delivery of keys, it is essential to work with a professional with recognized expertise, who will respond carefully to your needs and expectations.

Finally, a new construction project offers you the opportunity to live in a house that is 100% personalized and scalable. This means that your property will be designed to adapt to the new configurations of your home, for years to come.

But not everyone enjoys the scouting and building process. Sometimes it’s difficult to imagine how the home will look and work for you based on drawings alone. If the time frame gets interrupted, you may have to find temporary housing to wait out the weather, material supply issues, or other delays common to new construction. When developing raw land, you often must factor in roads, driveways, sidewalks, and streetlamps. Purchasing a preexisting home can either diminish or eliminate these issues all together.

Need help making the decision? Contact me! Whether it's a beautiful, preexisting home or a dream built from the ground up, I’d love to help you move into your dream house!