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Having your dream home built can seem a tempting prospect for many, and rightfully so, but is it a sound financial decision in comparison to buying a new home?<br>
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Having your dream home built can seem a tempting prospect for many, and rightfully so, but is it a sound financial decision in comparison to buying a new home? Your home is a big financial responsibility, whichever decision you take, and below is some guidance designed to help you make the choice between buying or building, a little clearer: The benefits of building your own home: There are many advantages to building your own home, and if you work with a reputable, professional construction company, there’s no reason why it can’t be a lucrative and satisfying choice:
You can customize it Building your own home from the foundations up, means that it can be designed to match your exact needs and desires, right from the layout to the décor. • Competition is low Finding the right home is becoming increasingly tough, and with so much competition, the chances of you finding the ideal home is greatly reduced. Own land and build your own home, on the other hand, and…problem solved!
Maintenance is significantly less With many reputable construction companies offering limited warranties and new homes built to meet strict building codes, along with being kitted out with up to the minute technology, big repairs or general maintenance shouldn’t be an issue for you for many years to come. • You can reduce your energy consumption Less energy usage results in lower energy bills, and with newly built homes often featuring the latest energy-efficient systems and materials, you can start using less energy right from the get go.
The benefits of buying a new home: There are not quite so many advantages to buying your own home instead of having one built for you, but for some, it may prove to be the more convenient solution: • You can move right in If you don’t have the patience to wait while your dream home is constructed, then buying a new home naturally means that you might be able to move right in, or at least wait no less than a couple of months.
Price negotiations are possible It’s true that when having your own home built, there isn’t a lot of leeway on closing costs or purchase price with a construction company, so you may be able to negotiate a better price when you buy a new home. • The process may be less stressful While having your own house built will give you the home you’ve always dreamed of, for some, the process can be too stressful. Buying a new home can certainly come with its own set of stressors, they may be less significant than those associated with having your own home constructed.
It can be hard to say whether having your own home constructed is a smart financial decision, but provided you work with a professional construction company who carry out their work to a high standard and communicate well with you throughout the entire process, your dream home can certainly give you everything you need and want, and selling it in the future, should make you a profit if you maintain the property.
RZ Construction Group Inc is a fully inclusive construction contractor in Astoria NY. From initial design to final clean up, our results speak for themselves. We are fully licensed, insured, and bonded to provide both commercial and residential construction services to customers in Astoria and the surrounding area. Proud to serve New York State for 25 years. No job is too small nor too big. If you are looking for a masonry contractor in Astoria NY or want to know more about our wide range of professional but affordable construction and repair services, reach out to us at (718) 938-9887.
