Buy or Build: Which is Right for You?
To roughly quote Hamlet: To buy or to build, that is the question. Whether you are simply dreaming of your future home or are actually in the process of purchasing a new residence, this question is one that will surely sway your final decision. But which choice is the better one? In this article, we’ll take a closer look at the pros and cons of buying vs building your next home and how you should go about taking those crucial steps to secure your investment.
Buying an Existing Home
One, two, three: Sign on the dotted line and you’re officially a homeowner. That’s what buying an existing home is like, right? Not quite. While buying an existing home may seem less challenging than building a new home, since you won’t have to decide on design details, there’s still a lengthy process to follow to avoid potential maintenance issues down the road. Buying an existing home is often the preferred choice for homebuyers on the hunt for a new residence that fits a set timeframe, budget, and location. Some of the biggest pros of buying an existing home include:
- The ability to upgrade at your own pace
- Potential access to neighborhood amenities
- Quick move in
- Less stress
- The option to negotiate price
Building a New Home
If you want to ensure that you are getting everything you want from your new home, be it a pool or open concept layout, building a new home is the best option. With it, you won’t have to sacrifice your dream home wish list. However, these projects are not without expense, especially when it comes to hunting for a location for your new construction home.
The Happy Medium?
Price, location, market trends, HOA fees, property taxes, property condition, etc. are all aspects that can influence your final decision to either buy an existing or build a new home. If you prefer the convenience that comes from buying an existing home but want to avoid the tireless hunting involved in order to find a home that has all the features that you’re looking for and no maintenance requirements, Chesmar Homes could be your happy medium solution. We specialize in building both new construction and move-in ready homes in communities throughout Texas. Our model homes are designed with contemporary luxuries in mind, with base features including:
- Energy-efficient components
- Covered outdoor living areas
- Landscaping/sprinkler systems
- Oversized kitchen islands
These model homes can be personalized with regard to flooring options, wall colors, hardware, and fixtures, but won’t require your undivided attention when it comes to layout. We even have a staff of design experts to help you find the best home configuration and price point for your needs, taking the weight of having to make extreme design choices off your shoulders. In short, you’ll benefit from a brand-new home without the stress.
To learn more about our home building services, new construction homes, or move-in ready homes, reach out to Chesmar Homes today. We build homes in communities throughout Houston, Dallas, San Antonio, and Austin