One of the most challenging decisions you could make is finding a new home. After all, you want to ensure you make the best decision for your family. You will spend so much time in your house, so you want to ensure it’s a spot where you can unwind and feel at ease.
There are two main ways to get a new home: buy a resale home or build a new custom home. Each option has its benefits and drawbacks. Here is a look at each option’s pros and cons.
The Difference Between New Custom Home Build and Resale Home
When you say new custom home build, everything is made from scratch. This means that you get to design your home from the ground up. You can even pick all the materials, fixtures, and finishes. Moreover, you can add custom features, such as a personal office, theatre room, and many more. In a nutshell, this home is built specifically for you and your family.
On the other hand, a resale home is a home previously owned by someone else, meaning the house is already built, so you can’t make any changes to the design or layout. Furthermore, you are limited to the lot size and location, and you may be unable to select the materials and finishes you prefer.
How to Choose Between Custom Homes and Resale Homes
If you want to make the best decision between building your custom home or purchasing a resale home, here are the following factors you can keep in mind:
Consider Your Personality and Lifestyle
Your new home will be a reflection of your personality and lifestyle. If you prefer a unique home for your family, then a custom home might be your best choice. Your home can be constructed and built to suit your family’s specific needs and wants.
Meanwhile, purchasing a resale home will allow you to enjoy your chosen home without the hassle of building a new one. You can also save money since you will not have to pay for the construction of your home.
Examine the Location and Community
The home’s location and community are significant determinants when deciding between a bespoke house and a resale property. You can buy a resale property in a community where you wish to reside.
You may even decide to purchase property there and construct your bespoke residence to be nearer to your family and friends. However, unlike resale homes, you may situate your home close to the mountains or the seaside.
Determine If the Cost Suits Your Budget
The cost of establishing a custom home is usually higher than purchasing a resale home. It will also depend on the size and location of the house. Aside from that, you still need to pay for your home’s land and construction costs.
On the other hand, if you want to save money, you can purchase a resale home that is already built and is located in a specific community. This way, there’s no need to pay construction fees and other costs.
If you seek a new home, you have two primary choices: a new custom home build or a resale home. It would help if you studied the advantages and disadvantages of each before making a choice. Nonetheless, choosing between a new custom home build and a resale home depends on your budget and priorities.
Banner Custom Homes can help make your vision a reality. We build custom homes based on our customers’ preferences and requirements. Contact us today to get started on your dream home!