Buying vs building – what are the costs and advantages?

You’ve decided that it’s time to move on from your current home into a new one. At this point, you need to choose which route to take – buying an existing home or building one from scratch. Each option has its costs and advantages, but which is the best choice for you? Let’s look at the differences between building and buying to help you come to an informed decision.

The Costs of Building

The most significant difference between building and buying is time. Buying a home can be very quick if you need it to be. It’s entirely possible to buy a home within a week of looking, especially if you aren’t as worried about getting everything you want in a home. On the other hand, building a new home takes many months. If you need to move in somewhere immediately, buying a home is the better option.

Building a home can also be more expensive upfront than buying one. However, even though building can be more immediately expensive, buying a home, especially an older one, can also lead to costly renovations and repairs. When you consider the return on investment of building new and the advantages it provides, you may find that the extra initial cost is worth it.

The Advantages of Building

Building a new, custom home provides many benefits over buying an already built home:

A Unique and Personalised Home

When you build from new, you’re getting a unique home that’s never been built before or will ever be built again. The house will be tailored precisely to your wants and needs. Instead of visiting home after home trying to get everything on your wants list checked off, you’ll be able to ensure everything you want is implemented in your build.

You Stay Involved

Working with a builder means you get to stay involved in the process of your home’s design and build. Changed your mind about some aspect of your home’s design? Talk about it with your builder to come up with a solution. You’ll receive one-on-one customer service meant to ensure your home is turning out exactly how you expect.

High-Quality Materials and Products

Our custom homes are built with the highest-quality materials to ensure a sturdy and long-lasting build. Unlike when you’re buying a home, you’ll know exactly what your home is being built with, so you won’t have to wonder about how long it will last or worry about the structural integrity of your home. At Jackson Dwellings, we also work with local traders and suppliers to help support our community.

A Seven-Year Warranty

Building with Jackson Dwellings also means you’ll have a seven-year structural warranty on your home. We’re proud of our work and confident in our skills, and we want to provide you with extra comfort and security when working with us. Get in touch with us to learn more about what we can offer you!

Which Should You Choose?

Should you build, or should you buy? If you’re in a rush to move somewhere new, then buying is the better option for you. However, building a home is the more beneficial option for those who can wait and are financially able to do so. Nothing beats having everything you want and need in your home all while knowing it will last you a lifetime.