You may be conflicted about whether to buy or build your home. The answer is different in every situation. By looking at the advantages and drawbacks of each option, you can decide which one is right for you. Read on for the pros and cons of each!
You’ll find a fairly simple and straightforward process when you decide to buy a home. You can work with a real estate agent to help you find a home that suits your needs.
There are several benefits to buying a traditional home. Here is a list of reasons to consider buying:
There is also the added benefit of having access to many home options. Even when the market slows, you’ll still have several different homes to consider buying.
There are also drawbacks to buying a pre-existing home, and you should make yourself aware of them:
An older home will also be less energy-efficient. You might have to make upgrades to prevent energy loss in your home.
You can also work with a contractor that builds Ormond Beach homes. For example, Fretwell Homes builds in the Briargate at Hunter’s Ridge community, but they also build on private lots.
There are some very important reasons to consider having your home custom built. These benefits may far outweigh any disadvantages that may come with the process:
A benefit that’s not commonly considered is that toxic substances aren’t used in new construction. Materials—such as asbestos or lead paint—are common in older homes but are not used today.
There are a few drawbacks to building a custom home that should be carefully considered. Even if these factors don’t affect your decision, you should be aware of them:
It’s also important to note that you will have to clear your plot of land. Preparing the property for new construction may be as complicated as building your home.
You can learn more about building versus buying a home by doing your research. Learning about your local real estate market and the regulations for new construction in your county can also help you determine whether to buy or build. And if you decide to build custom or buy an existing plan, make Fretwell Homes your go-to choice. You won't regret it!