Building a Home vs. Buying a Home

Mike Crisci, Virginia Home Builder


Should You Build A Home? Or Should You Buy A Home?

The pros and cons of building your own house are both significant, but there is definitely a sense that you’ll be doing something unique. Building from scratch offers the opportunity for customization which can’t always happen with pre-built homes because they come in so many different shapes and sizes depending on what type best suits their needs; this could mean more money spent if all else fails!
When deciding whether it you should build of buy – here’s how these two options compare. Mike Crisci, Virginia home builder, breaks it down:

Pros of building-

1. It’s All Brand New

Obviously, when you build, everything in your home is going to be new. This is going to give you a peace of mind that you can get settled in and just enjoy your new home, without having to worry about doing any repairs after you move in.

2. You Can Customize

It’s not always easy finding the perfect home. When you build, you are in charge of all aspects of your home, including design. You will get to completely customize your floorplan to make sure it makes sense for your needs.

3. Avoid a Bidding War

Let’s face it, when the market is “hot”, it can be hard to make a home purchase. You might find the perfect home, but you’re probably going to be in competition with other buyers, which could lead to going back and forth over the price. When you build, you know your price, and you don’t have to worry about someone else coming in and making an offer on the home you want.

4. Truly Move in Ready

In line with everything being brand new, you won’t have to worry about changing or upgrading anything when you move in. Your cabinets, paint, and carpets or flooring are going to be exactly what you want, before you ever move in.

5. Keeping Up With The Future

With the convenience and added safety that smart homes provide, they’re becoming more common as people get used to this new way of living. When you build your home, you can add all the technology you want, without having to worry about getting someone in to run your wiring and make sure everything works in tandem.

6. The Feeling

Building your own home is an emotional and spiritual experience that you will never forget. The sense of community when everyone starts from scratch, with nothing in the house before them but their dreams – it’s truly something special!

The Cons of Building

Building a home is an exciting process, but its not for everyone.

1. It Takes Time

It can take 6 months or more to have a home built from the ground up. If you’re in a hurry, or have a set deadline, it might not make sense to have your home built just yet.

2. It can be expensive

Materials can fluctuate quite a bit in price, and sometimes things get get really spendy. Sometimes it may jsut make more financial sense to buy a pre-built home until you’re ready to build.

The Pros of Buying

1. Can Be Cheaper

For some people, it may make more sense and be more affordable to make home upgrades over time, rather than have them built into a house all at once

2. You’ll Close Faster

Generally when you buy a house, once it’s paid for you can move in! When you build, you can pay the first day your agreement is made, but you’re still going to have to wait until the house is done.

3. Choice of Location

You may want to live in a very specific area. If you’re building, there might not be any lots available there. When you buy, you can choose virtually anywhere to live.

The Cons of Buying

1.Unexpected costs and “Hidden Fees”

With older homes, you have a higher chance of needing repairs than with new construction. You never know until living in the house how important each repair will be so it’s hard to budget for them all at once and sum up what needs doing over time as opposed just getting started right away on making changes!

2. The Layout is Already in Place

The benefits of designing and building your own home
A custom-built house has more freedom when it comes to interior layouts than an already existing one. The limitations are based on what you can do with the space that’s been set aside for construction, so in theory there’s no end – but let me tell you this: if budget permits (and design), add additional living area by creating a patio or turn the garage into another bedroom!

3. Remodeling Costs

When buying a home, you might have to invest some time and money in order for the room decorating standards of your current house be met. This could include removing wallpaper or changing paint colors depending on what’s already there before investing new flooring too.

Build If You Can, Buy If You Can’t

Conclusion paragraph: While buying a house is an important milestone, building your own home will make you happier in the long term. Not only do you get to create something that’s perfect for your needs and wants, but you also get the peace of mind that things are going to work as intended, and last for a while. If you’re considering building your new Virginia home, contact Mike Crisci today. With over 30 years of experience in the industry, he can help make your dream home a reality.

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