Finding the perfect home is an exciting journey! For some of us, an existing home is right on the money. For others, building a home sounds ideal. And for the rest of us, we’re still deciding on the benefits of building vs. buying a home. If you need a bit of help, let’s weigh the pros and cons!
The Pros of Building a Home
Prefer to have as much influence over your future home as possible? You may want to build your house from scratch. This choice comes with benefits like:
- A home without wear and tear;
- The ability to customize;
- A (usually) larger floorplan;
- Up-to-date and eco-friendly appliances;
- No previous owners; and
- More control over features, fixtures, and everything else.
The Cons of Building a Home
When you build a home, it comes with plenty of benefits. Unfortunately, there are a few cons too. They include:
- Waiting for the home itself to be built, which can take months;
- Paying more on average than it costs to buy a home;
- Having to do extra landscaping, gardening, and lawn work; and
- Waiting on specialty supplies for customization.
The Pros of Buying a Home
Thinking about buying a home? Some of the pros include:
- Possessing a record of market appreciation for your specific house;
- Not needing to wait nearly as long to move in;
- Having front and backyards that are fully landscaped and have older plants and trees;
- Classic, vintage features and appearances; and
- More affordable prices.
The Cons of Buying a Home
In the choice between buying vs. building a home, there a lot of amazing pros to consider. Just remember to also weigh the cons of buying a home too. They are:
- Sometimes older, less modern features;
- Not as much room for customization;
- Potentially more maintenance or inspection tasks to complete before the sale goes through; and
- More competition from other buyers in the same area.
Summary
Now that you know the merits of building vs. buying a home, it’s time to take the next step: finding your ideal place. Buying, selling, or both—Ryan Roberts is happy to help with them all. Fill out our contact form here to begin. As for learning more about real estate, visit our blog here.
