One dream that many of us share is having our own house; and more specifically, moving into a new home. Yet even if we have the means by which to do so, there is still one major decision that has to be made: deciding if it’s best to buy a new house or to build one.
If this is the dilemma that you currently find yourself in and you’d like to explore some of the pros that come with doing both, we’ve provided you some information that you should consider in order to help you come to the conclusion of what is truly right for you below:
The Pros of Buying a New Home
Let’s start with the pros of buying a new home. Probably the first and most obvious one is that you won’t have to wait to get the kind of house that you want. A new home is already built and comes with many of the amenities and features that a lot of individuals are looking for. Something else that can be considered a real benefit is that the landscaping is already in place. By this, we mean that if you like lots of trees, there’s a pretty good chance that many of them have already matured. Something else to consider is that while property taxes for newer homes tend to be higher than older ones, sometimes they still end up being lower than all of the fees that will be required to build a house from scratch. So, if time is of the essence and there’s not a ton of wiggle room in your budget, buying a new house rather than building one from scratch is probably the best option for you.
The Pros of Building a New Home
If you were to go to a website like www.ashecountyrealestate.com for tips on what’s best when it comes to investing in real estate, one of the things the site might mention is that there are a few reasons why building a home can ultimately prove to be a really good idea. For one thing, you can literally build your dream house because you can be a part of every step of the planning process from the materials that the house is made out of to the positioning of the home to all of the features and amenities that you want to go inside of it. And so, although building a new home can be pretty expensive, one thing that you won’t have to concern yourself with is having to make a lot of new additions once you move inside of it. So, if you want a home that is completely customized from floor to ceiling, then building a home is right up your alley.
As you can see, there are clear advantages with taking both approaches. It’s really all about stepping back and assessing your budget, your desires and the timeframe in which you want to move into a new place. If you would like more pros (and cons) that come with buying and building a home, contact a reputable real estate agent and/or contractor in your area.