When you have the opportunity to get a new house, you typically have two options: whether to build a new home or buy an existing house.
Getting your own home or giving a home to someone you love is a major life decision. Furthermore, it also starts a bit of confusion with all the design ideas in your mind.
While building a new home is the best way of putting your dream house into reality, getting an existing home is more convenient as you have to pay for it, and there you go, you have a new home.
However, while getting an existing home is more convenient, building a house from scratch is the better choice because it’ll allow you to build your home according to your plans and gain a lot of other advantages.
If you’re unsure whether to build or buy, this article covers all you need to know about why building a house is better than buying a pre-existing one.
You can get exactly the house you want
Even if you like an existing house so much, there are still areas of it that aren’t to your liking. After all, the house is designed by somebody else.
By buying and building a new home, you can have a much more fulfilling experience as a new homeowner because you can decide everything and have your home be as customized as you want.
You can have creative control over all exterior and interior elements of the house. You’ll also have a say on the floor plan, cabinets, flooring, and all other decisions when building a home.
When you’re building a home, you’re like an artist with a black canvas. You can be as creative as you want, but remember to keep it within budget.
With a home you built according to what you want, you can ensure that everything is up to your satisfaction.
Choose a contractor that you can trust with your dream house and investment
Part of building a home is getting a contractor. It’s such a major aspect of building a house, as they’ll be the ones to actually work on your home, which is why it’s vital to get a trustworthy contractor and work with engineers and architects that you can trust.
To ensure that your hard-earned money is used well, you need to look for contractors who can build durable and beautiful house and land packages in Perth, Australia. By having a trustworthy contractor, you can enjoy professional advice regarding every decision about your new home.
Having your home built from the ground up means you can do everything according to your plans, and if there are adjustments to be made, they are very minor. When you buy an existing house, there’s a good chance that you’ll want things to be adjusted and renovated, which leads to more extra costs.
Not only does it cost a lot of money to do renovation projects for an existing home, but it can also take a lot of time and effort, especially if it’s a big project. So, if you want less trouble and want to save money for your bank account, it’s much more economical to build a home.
Avoid maintenance troubles
Even if an existing home is maintained well, it’s still older than a new house. It means the materials used in the home have aged already and will need maintenance much sooner. It’s another area where building a new home also has a massive advantage because you can be sure that everything in your house is brand-new.
Over time, the maintenance costs of an existing house can add up at a much faster rate. Furthermore, since you weren’t there when it was built, you can’t be sure if there are areas of the house that should concern you or areas where the contractor did a terrible job.
Reduced stamp duty payments
Being a homeowner means you must pay stamp duty. You’ll pay stamp duty whether you buy an existing house or build a new one, but the key is that you can save money when you build your home from the ground up.
When you buy a house, you need to pay stamp duty for the house and the land. When you build your own house, you only have to pay stamp duty for the land. It means getting a brand new home according to your design while also saving lots of money for future maintenance and home projects.
Enjoy government incentives
It’s great to be a first-time homeowner in Australia, especially those who choose to build a new home, because the Australian government’s First Home Owner Grant Scheme entitles first-time homeowners to $100,000 in grants. With this help, you can get a new home that you designed at a reduced price.
Your happiness will be at its most
Buying an existing home can make you happy, but it doesn’t compare to the joy and pride you’ll feel once you step foot in your new home that you helped design and build. It’s a type of happiness and pride that doesn’t last for a moment but happiness that extends to other areas of your life and makes you more motivated.
If you want to make sure that you’ll be at your happiest after you build your new home, remember to take a look at house and land packages in Perth, Australia, that are worth all the hard work and investment you give to save for a house.