When the time is right for a new home for your family, there are two options: buy an existing home or build a new one. While there are pros and cons for each, here are some benefits to building a new home that you may not have considered:
1) Buyer Competition
According to the National Association of Realtors, the typical home is on the market for less than 30 days. This means that, often times, there is more than one buyer trying to purchase the same home. Properties move fast in Denton leaving home buyers, to face increasing purchase competition. When you choose to build, purchase competition is eliminated, along with having to spend time looking at properties, at home inspections, and negotiating with agents. Building your home allows you avoid the heartache of losing your dream home to another buyer!
2) A Fresh Start
Building a new home means a fresh start and freedom from worrying about impending repairs that could strangle a budget. Older HVAC units, hot water heaters, roofs and foundations all can cost thousands of dollars to update or repair. New homes are built up to code using cutting edge technology and energy efficient features, which leads to lower energy costs, lower maintenance, lower insurance premiums and less stress for you!
3) Creative Control
When you buy an existing home, you inherit someone else’s choices; their floor plan, location, and style choices. A bathroom remodel can cost over $18,000, while a minor kitchen remodel could run you close to $20,000 (Remodeling.com, 2017). But when you build your own home, you get to customize many features like picking a floor plan that suits you and your families needs, choosing landscaping packages, and other design features that show your design esthetic. A spacious master bathroom suite or walk in closet is tough to find in an older home, but when you build your new home, you can choose how to spend your space.