Have you been looking for a new home and are tired of estimating the cost of renovations or reworking a floorplan to suit your lifestyle? Maybe it’s time to entertain the idea of bulding the home of your dreams!
Since a home is usually your largest investment and you can spend lots of time and energy searching for or designing “the perfect home”, building may be an option you should consider, especially if you have a wish list that includes specific needs (the things that you absolutely must have-like a 5 car garage or a gourmet kitchen) and wants (the features that you would like in your new home, but could do without if necessary) building may become an exciting option. While the home buying process involves a number of important choices, one of the very first decisions buyers need to make is whether to shop for an existing home or build a new one.
Building a Home
The big advantage of new construction is that you are more likely to get exactly what you want. For many, this factor alone is enough to choose building over buying, but there are other advantages too. A new home is more efficient, especially with the new energy codes which are both better for the environment and can save you money on your utility bills.
Another perk? A new house may literally be better for you. A new home is less likely to have the health concerns or toxic materials such as asbestos and lead paint. You can build with environmentally friendly materials, green Energy Star rated appliances, plus you have the option to outfit your home with future technology in mind such as home automation and solar.
Even though the upfront costs of building can be higher, it may be easier to recoup your investment. A newer home is typically more appealing than an older home to most people and a new home will require fewer repairs and less maintenance, which can save both money and time.
Money and features aside, building a house can lead to a level of satisfaction that you can’t achieve through buying an existing home. There is a definite feeling of an emotional connection to living in a new home that you have created.