As a renter, you’ll eventually reach a point where you are finally ready to move into a house of your own. However, you’ll run into a crossroads where you have to decide whether to buy an established home or build one of your own. While buying a home is faster and more convenient, building a home allows you to have more control over the process and customise your house’s features. Each option presents unique benefits, so it’s important to make an informed choice that suits your personal circumstances.
The Meelup Display, Before & After
What are the benefits of building a house?
The advantages of building your own house are primarily related to having more control and tailoring the design to your needs. In addition to deciding on the house’s features, you’re able to manage cost and sustainability factors related to the build.
Customisation
By far the greatest benefit of building your own home is the freedom to customise it according to your preferences. You’re able to influence everything from the layout, to the amount of rooms, to the size of the back and front yards. When you’re in the driver’s seat, you are able to prioritise the things that are important for your lifestyle and future goals. While you are still limited by the lot size and your budget, you have a tremendous amount of freedom within those parameters.
In contrast, buying a home leaves you somewhat stuck with the vision of the original builder. You will be much more limited when it comes to customising an established home through renovations. Changes often require a lengthy approval process and tend to rack up higher costs compared to incorporating your desired features from the get-go.
Cost management
When you’re building a home, you have a high degree of control over the costs you incur during the construction process. By doing careful research, you’re able to ensure your budget is going towards the things you care about. You’re able to take your time comparing quotes from different builders and examining the available options for building materials, financing, and more.
Buying a home doesn’t provide you with the same level of transparency. Beyond what you pay for the home, you may discover hidden costs that you were not initially aware of. These include maintenance costs as well as necessary repairs you didn’t notice upon initial inspection.
Sustainability
When you’re building a custom home, you have the ability to include features that promote sustainability and energy efficiency. Not only is this good for the environment, but it can save you a lot of money in the long run. Features like double glazing, high-performance insulation, and smart home energy management features allow you to lower your utility bills while reducing your environmental footprint. Buying a home doesn’t allow you that same luxury.
Future-proofing
When you build a house, you’re able to incorporate design choices for the years ahead. This is incredibly valuable if you have plans to start your family in the near future. You can incorporate features such as a nursery, playroom, and grassy backyard area. And since you’re building a new home, you don’t have to worry about the wear and tear that may already have accumulated over time in an existing house.
New Home in Progress
What are the benefits of buying a house?
The main reason many people choose to buy a home is because it’s easier and less involved than building. For someone looking to simply own a home in an agreeable location, this is a popular choice.
Convenience
The main appeal of buying an established house is that it’s incredibly convenient. Once you have paid for the house and done the necessary paperwork, you are able to start moving in. If you don’t feel like spending time tailoring a home design or waiting for it to be built, this is a popular option.
Location flexibility
Buying a house gives you a greater chance to live in a location that you prefer. You can narrow your house search specifically to areas that appeal to you. This means you’re able to ensure you’re near the infrastructure and amenities that are a priority. When you’re building a house on a plot of land, you don’t have quite the same level of flexibility.
The Meelup Display, Primary Bedroom
Is building or buying a better option for me?
Buying and building are both viable options, depending on your circumstances and priorities. On one hand, buying offers a hassle-free experience for someone who isn’t as concerned about the price or features of their future home. Meanwhile, building is a lengthier, more involved process that allows you to create a home that satisfies all your needs and preferences. If you want the opportunity to put care and thought into your home for the foreseeable future, building is the option for you.
Beginning of a Home Building Journey
Where can I find a custom home builder in Perth?
Redink is your best choice when you’re looking to build a custom home in Perth. We pride ourselves on guiding our clients through the entire building process. This includes answering your questions, presenting a range of different options, and even helping you with finding financing options for your home build. We stay with you every step of the way to ensure you have a finished product that you are proud to live in.
Contact us today to discuss building your dream home!
