A Place to Call Your Home: Should You Buy It or Build It?
Mahadev Desai is the Founder and CEO of gharpedia.com and SDCPL a leading design consultancy firm having strong national presence. He has a degree in Civil Engineering (BE) and Law (LLB) and has rich experience of 45 years. Besides being the Editor in Chief, he also mentors team at GharPedia. He is associated with many professional bodies. He is also co-founder of 1mnt.in the first in Industry software for contractors’ billing. He is a voracious reader, edited 4 books, and pioneer of book reading movement in Gujarat, India.
Deciding to purchase a home will never be easy. There are so many variables that need to be considered, and it’s hard to determine what we need in order to find the perfect home. This is an investment that should be considered very carefully. It makes perfect sense to put together a list of everything that would be desirable regarding the perfect home. This would include the location, the overall cost, property taxes, HOA fees, as well as the number of bedrooms and bathrooms and other things of this nature.
Should You Buy or Build a New Home?
It makes sense to contemplate whether it would be possible to find the perfect home that is already built, or to meet with a building contractor and create the perfect home.
01. Consider Purchasing an Existing Home
Think about the option of buying a home that is already built. Meet with a lender to get pre-approved and then get started with looking at different homes. If you see something that looks nice, consider making an offer. Of course, it is going to be beneficial to hire a real estate agent who will help with every step, including having the home inspected, financing, putting in an offer and of course closing the deal. Look over at banner custom homes for more information.
Typically, it is more affordable to purchase a home that is already built versus one that has not been built yet. Of course, every situation is going to be different; it makes sense to learn more about what we can expect by consulting with a real estate agent.
02. Older Homes Are a Nice Option
Many people are choosing a pre-existing home because it may be near their place of employment, some lifelong friends, or even family members. Perhaps they are looking for a home which has mature trees and shrubs. Consider the time it would take to grow an apple tree. It could be a few years before any apples are available. Unfortunately, the home may not be perfect. This is one downside to buying an older home. Depending on your preferences, it may be necessary to do a renovation.
03. New Homes Can Be Perfect
Some people are choosing to purchase a brand-new home because they like the feel of living in something that is brand new. Of course, this would require working with a builder to design the perfect home. It will be possible to pick out colours of paint, carpet, cabinets and even countertops. Therefore, some people are choosing to purchase a brand-new home. Another benefit is that the home is going to be more energy efficient and heating and cooling will be up to the codes required by law. There will also be no need to worry about things such as asbestos which is very common in older homes. However, you would still have to worry about things such as installing the yard and planting trees.
If you are planning to build a new house, here are some money saving tips that can help you:
Basically, this is a personal decision for everyone. Contact a real estate agent today and learn more about what options are available. You are certain to be surprised with what they offer. No matter what you decide, a real estate agent is going to be there to walk you through this process. They have plenty of knowledge and they will make sure that everything goes as planned. Call them today and schedule a consultation appointment. This is the easiest way to know that everything is going to work out as planned.
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