Is Buying Land and Building a Better Investment?
Buying land and building your own home may be a better investment than buying an established property. Learn why this is the case in this short guide.
When faced with the decision to buy a new home or buy land and build, there are a lot of factors to consider.
Most importantly, you want to know that you’re making a sound investment for your future. And, of course, you want what’s best for your family including their health and safety.
That’s why you should consider buying land and building your home, brand new. Not only is it a great way to get all of the key features you seek in a home, your new home will only grow in value from the day you get the new keys.
Existing homes can be remodeled and they’re in established neighborhoods, which can be reasons to consider this option. It’s also a less expensive option up front in terms of initial cost and financing. But if you’ve ever dreamt of building, there are some pros to consider, too.
When you buy land and build a new home, you also get to choose all of the landscaping for your property. This is the perfect time to plant fruit trees or install a lush new lawn. Then, all you have to do is maintain your landscape in order to reap the benefits for years to come.
When those trees and shrubs mature, they can serve as privacy which adds value and peace of mind to potential buyers down the road.
New homes are designed and built adhering to strict safety standards in construction practices. Your new home will be made out of quality products that can hold up to storms, intruders, and age.
With older homes, you may be more likely to end up with problems of mold or other safety issues that cost a lot of time and energy to fix. A new home will be fresh and clean, and safe.
Many builders are starting to offer more ‘green’ products in so much that homes are built with more sustainable materials. And, packages can include energy efficient appliances and hardware so that you can live your part to protect the environment.
These homes are built to withstand years of use and work with technological advances that are still being introduced.
Buying Land is a Great Option
Buying land and building your own home is a great option if you prefer to have complete control over your home buying experience. Of course, it may cost you a little more up front, but the investment is worth every penny. You’ll have the home of your dreams without the hassle of home repairs and other problems.
Most new homes come with a warranty, too, so you can rest assured that anything that could go wrong with a home that you’ve built is covered. And, it will save you money and time and energy so you can worry less and enjoy your home.
When you’re ready to make a move on buying land and building your own home, or if you have questions, contact us. We have resources to help you.