When you are moving to a new property, there are a lot of things to consider. Not least, whether you will buy a ready built home, or choose to invest the time into building one of your own. Of course, there are advantages and disadvantages to both choices. Read on to see what they are and which option would suit you best.
Buying – Time
On of the good things about buying a ready made property is that it usually quicker to do this. That is because you don’t have to wait for the property to be built.
However as anyone that has bought on the property market before it can be a complicated process, so buying a place can take a fair amount of time too. Especially if those buying your old property are in a chain. Then you have to wait for everyone to be ready before you can move.
Building – Your specification
One of the best things about building your own house is that you don’t have to fit yourself into a pre-built space. In fact, you can tailor your home exactly to how you want it. If you want 10 bedrooms all the family can come over and stay at Christmas time that’s fine. Same goes for a granny annex or a bigger utility room. Budget allowing you really can have anything you want.
Buying – More expensive
One of the disadvantages of buying a ready-made home is that they can often be a lot more expensive than building one yourself. That is because you have little choice over the materials that are used in its construction.
It is also the case that a ready made product will cost more to purchase as the person that originally built it will be looking to make a profit on it. This can be magnified over and over again if the property has been bought and sold several times.
Building – Stress
One of the biggest disadvantages of building your own home is the stress that it can involve. If you are new to the home building game, you may not realize all the skills and effort to take to bring a project like this together.
You will need to be able to handle budgets, speak to contractor’s, schedule in works as well as doing your normal day job. That is why many people choose to use companies like Home Crafters to build a modular home for them. This can take care of the al the stress and hassle associated with building your own home.
Buying – Neighborhood
Another positive about buying a ready-made home is that you are almost always guaranteed to get neighbors. If you are building your own place, then it is likely to be one a patch on land somewhere, so there is no guarantee that you will have anyone next door.
This can be very difficult for some people, especially is they like to get involved in the local community. Having people close by that they can see every day and strike up a friendship with can be a deal breaker for them.
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