{"id":9981,"date":"2018-08-11T08:08:20","date_gmt":"2018-08-11T15:08:20","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=9981"},"modified":"2018-08-06T11:33:55","modified_gmt":"2018-08-06T18:33:55","slug":"building-versus-buying-a-home","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2018\/08\/building-versus-buying-a-home\/","title":{"rendered":"Building Versus Buying A Home"},"content":{"rendered":"<p style=\"text-align: justify;\">You\u2019re finally ready to purchase your own home, but the options are overwhelming. Any visit to a real estate website nets you hundreds of potential properties, from empty lots to decades-old homes. One of the most important decisions to make \u2014 and something you should decide before you start shopping \u2014 is whether you\u2019d prefer building versus buying a home. Both have specific pros and cons that can drastically affect your new home experience. Look at building versus buying from every angle to decide whether you want a brand-new home or if you prefer an existing home and all of its charms.<\/p>\n<p style=\"text-align: justify;\"><strong>5 reasons to build<\/strong><br \/>\nBuilding your own home takes time and patience, but you\u2019ll be rewarded with a place you can really call home. Some of the benefits of building include :<\/p>\n<p style=\"text-align: justify;\"><strong>\u2022 A custom approach.<\/strong> When building your home, you\u2019ll get to choose from a catalog of floor plans or even design one from scratch. That means building a home that makes sense for you and your family. Whether you\u2019re a five-star home chef, wild about sports or into entertaining, you can get exactly what you need, rather than just working with what you have.<\/p>\n<p style=\"text-align: justify;\"><strong>\u2022 No surprises.<\/strong> You\u2019ve probably heard the horror stories : A family buys an existing home only to find it filled with mold or riddled with foundation issues. Building new means you won\u2019t have any of the surprises or risks that come along with purchasing an existing, older home.<\/p>\n<p style=\"text-align: justify;\"><strong>\u2022 No renovations.<\/strong> A cheaper existing home can suddenly become a money pit when the kitchen requires a complete gut job or all of the carpeting needs to be replaced. Because you design a new build exactly the way you want, you won\u2019t need any pricey renovations for a few years. This cuts down on stress and cost, so you can enjoy your home after your move-in date.<\/p>\n<p style=\"text-align: justify;\">\u2022 Smarter home. New homes can be built with automation and efficiency in mind. From better appliances to solar panels, a new home means new technology. Not only does this make your home smarter, but efficient homes are easier on your budget when it comes time to pay those pesky utility bills.<\/p>\n<p style=\"text-align: justify;\"><strong>\u2022 Warranties.<\/strong> Most reputable home builders offer warranties when you build. Warranties typically cover cosmetic issues (think paint and grout) for a year and mechanical issues (like electrical and plumbing) for two. That means if you have any problems, you can have experts take care of your home free of charge. Buying a home means you\u2019re responsible for the costs and repairs from the day you take possession.<\/p>\n<p style=\"text-align: justify;\"><strong>5 reasons to buy<\/strong><br \/>\nNot everyone is the build-your-own type, and that makes sense. Buying your own home definitely has its benefits, including :<\/p>\n<p style=\"text-align: justify;\"><strong>\u2022 Tighter time frame.<\/strong> The average turnaround to qualify for, shop and purchase a home is one to two months. In comparison, the average build time for a new home is seven months. If you\u2019re ready to move ASAP and don\u2019t want to rent while you build, buying a home makes more sense.<\/p>\n<p style=\"text-align: justify;\"><strong>\u2022 Established neighborhood.<\/strong> Most new builds reside in new developments, which could mean noisy construction and a lack of amenities. Buying an existing home means a more established neighborhood, where you know what to expect as far as the general feeling of the area. You can even talk to potential neighbors to see what they like and don\u2019t like about an area.<\/p>\n<p style=\"text-align: justify;\"><strong>\u2022 Mature landscaping.<\/strong> If you love the idea of lush trees and gardens, an existing home is your best bet. New homes require new landscaping, while buying an existing one gives you access to more mature trees and landscaping spaces.<\/p>\n<p style=\"text-align: justify;\"><strong>\u2022 More negotiation.<\/strong> Existing homes give you plenty of wiggle room when it comes to price negotiations. The things you might see as drawbacks \u2014 think tired carpeting \u2014 become bargaining chips for you and your agent. New builds are priced based on materials and contractors, so you won\u2019t have a ton of space to negotiate a better price. If you\u2019re bargain-hunting, a fixer-upper at a cheap price helps you stay in-budget.<\/p>\n<p style=\"text-align: justify;\"><strong>\u2022 Less stress.<\/strong> Let\u2019s be honest: Building a new home is stressful. From material selection to construction delays, no build is without hiccups. When buying an existing home, all you need to do is choose the one you love. No delays, no big decisions, no flaky contractors : just you and your new place.<\/p>\n<p style=\"text-align: justify;\">Making the choice of building versus buying means examining the way you live and how that reflects on your home. For some, the idea of starting from scratch and checking off that must-have list is appealing. For others, the low-stress environment and better deals found in the existing home market makes more sense. Either way, deciding what you want from day one puts you on the path for the home that\u2019s right for you.<\/p>\n<p><a href=\"https:\/\/freshome.com\/building-versus-buying-a-home\/\" target=\"_blank\" rel=\"noopener\">Building Versus Buying A Home : What\u2019s Right for You?<\/a> by Jae Curtis | Freshome<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You\u2019re finally ready to purchase your own home, but the options are overwhelming. Any visit to a real estate website nets you hundreds of potential properties, from empty lots to &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2018\/08\/building-versus-buying-a-home\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-9981","post","type-post","status-publish","format-standard","hentry","category-home-lifestyle"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Building Versus Buying A Home &#8226; Rory C Real Estate | Oakwyn Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roryc.ca\/blog\/2018\/08\/building-versus-buying-a-home\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Building Versus Buying A Home &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"You\u2019re finally ready to purchase your own home, but the options are overwhelming. 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