Building vs Buying a Home: Which Is the More Affordable Option?

Building vs Buying a Home: Which Is the More Affordable Option?

Are you torn between building vs buying a home? With the average US homebuyer having paid well over $200,000 in 2020, it’s no small decision.

The two have distinct pros and cons, and it can be tough to know which option is best for your future. But, not to worry! If you’ve been trying to make the choice but still feel stuck, this is your guide.

In this article, we’ll break down all the benefits of buying or building and help you decide which is more affordable, practical, and suits you best. Keep reading for all the details!

As You Like It

If you have a clear cut vision of just how you want your home to be, you’ll have to customize it sooner or later. This likely means buying a custom home or renovating existing construction extensively. But, which is best when it comes to your bottom line?

If you’re planning to update multiple “money rooms” like bathrooms and kitchens, custom built houses could turn out to be the more affordable options out there!

Going Green

These days, more and more homeowners are going green. Not only does this add value to a home, but it also helps save money each month on utilities and supports a brighter future for our planet!

Wondering is building a home worth it? If you’re planning to add environmentally friendly systems, there’s a good chance that it is. And, you’re likely to see a large return on your investment when it comes time to sell.

Low Maintenance

So, is it more expensive to build your own home? That definitely depends on how much upkeep and maintenance existing construction requires.

When building a custom home, you’ll be installing brand new everything. This means that most of these tasks will be delayed by a few years. And many of your home’s systems will still be covered by warranties.

Location, Location, Location

One of the biggest advantages of building a home is that you decide exactly where to put it. This can help you save big on expenses like travel and transportation, city and state taxes, and even your family’s education. Building in just the right spot could also pay off big time if you later decide to turn your property into an income-generating rental.

Do you already have a dream home location in mind? If so, this custom home builder can help. The right team of construction and home value experts is vital when it comes to custom building!

Building vs Buying a Home – You’re Ready to Choose

Now that you know a bit more about the different options available, the choice between building vs buying a home should feel a whole lot easier. Congratulations! Reading this guide could turn out to be the very first step on your road to confident shopping and worry-free closing.

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