When looking for a new home, you have two main choices – you can buy an existing home, or you can delve into the world of new home construction. There are pros and cons to both options, and ultimately, your choice depends on your personal objectives, timeline, the available homes in your area, and multiple other factors. Here are just a few of the elements to consider:
Location, Location, Location
One of the first things you need to consider when choosing between existing homes and new construction homes is location. If you’ve found your dream neighborhood and your dream home is sitting there, the choice is obvious – you need that home. However, in other cases, all the homes in your dream neighborhood may be too old or too small. In those cases, you may want to consider a teardown paired with new home construction, which is when you demolish an existing home and have a builder create a new home for you. In other cases, you may want to put your home on a fresh lot that’s never been developed.
Your Dream Home
When you decide to have a builder create a home for you, you can get your dream home. Whether you like an open concept plan, lots of little spaces, multiple bedrooms, a huge master suite, a commercial-grade kitchen, lots of closets, or any other features, you get to choose whatever you want. In contrast, when you move into an existing home, you have to take the home as it is. It may, but likely will not have all the features that you want.
Somebody Else’s Problems
In some cases, when you buy an existing home rather than choosing new home construction, you are actually purchasing someone else’s problems. If the previous owner has neglected some of the home’s upkeep, you may have to deal with anything from roofing issues to wiring to plumbing. On the other hand, if you opt for a brand new home, you don’t have to worry about unplanned repairs or issues. You get a brand new house that has never been mistreated.
Although there are clear advantages to having a builder create a new home for you, there are some timing issues that you may want to consider. When you buy an existing home, the process is relatively straightforward. You put in an offer. If the seller accepts it, you complete the process, and you can move forward relatively quickly. On the other hand, customized home construction can take a bit longer. You generally have to go meet with designers, discuss your objectives, and wait for the home to be built. You also need to buy the lot on which the house is built.
Contemporary Safety and Modern Amenities
Although new construction homes can take longer than buying an existing home, you don’t have to worry about any safety elements. Through the years, a number of materials have been involved in construction that are now known to be toxic. That includes everything from lead paint to asbestos flooring. When you opt for a new home construction, you can rest assured that your home is built to modern safety standards with safe materials.
If you’d like to talk about custom home construction, contact us at Passage Island Construction today. We build custom homes in Vero Beach, Florida and the surrounding area, and we’d love to work with you to create your dream home.