Build vs. buy? Let’s take a look at the ins and outs of real estate.
Are you ready to look for a new house? It is a life marker, a significant point of life, to find a new place to call home. Are you ready to take the plunge? As you know, there are multiple types of residential buildings you could purchase, like a townhouse or a single-family house. When it comes to existing vs. new construction, you’ll be asking if you should build or buy a house.
Affordability
You might be surprised to learn that it is possible for a new construction home to be more affordable than an existing house. It depends on many factors, like size, location, etc., but it is possible to find what you really want for less. Otherwise, it is slightly more expensive to build a home than buy one, but not unattainable.
Timeline
Do you need to move as soon as possible, or can you wait for a few months to a year? If you can wait or have accommodations in the meantime, then you can afford to pursue a custom home-building project.
Old vs. New House Charm
Old houses have their charm, and new houses also have their appeal. If you are looking for a historic property, then a custom home isn’t right for you, unless you would like a new home with a historic look. Otherwise, if the fresh materials, fresh construction, and custom features of a custom home attract you, then a custom home could be for you!
Maintenance
Although an existing home is likely more affordable than a custom-built home, it is also more likely to have higher maintenance needs. You will need to replace the windows, insulation, and other features sooner than with a high-quality new construction home.
Location
The location matters, too. Do you really want to be in a specific location, but there is no house that quite makes you feel at home? You you desire to have land in a specific region and build on it? The location can also affect whether you decide to build or buy a house.
LEARN MORE WITH SHORE-LINE CONSTRUCTION!
At Shore-Line Construction, we know that your home is a reflection of you. That’s why we strive to make each home we build as beautiful as the family who will live there. We work with each of our clients to design a home that fits their needs. The end result is a durable, energy-efficient custom home that the family will enjoy for generations to come. Shore-Line Construction has been serving our customers for over 25 years, and we look forward to the opportunity to help you!
If you’re interested in learning more about what Shore-Line Construction can do for you, check out our website or give us a call at 410-574-6623. Keep up with all of the latest news by following our blog and social media pages on Facebook, YouTube, Pinterest, and Houzz.
