Most first-time homeowners get torn between buying or building a home. Buying a ready-built home is convenient for people who want to move in right away, while others want to build their own home since they can add personal aspects.
While both ready-built and custom homes have their advantages, custom homes offer several options in terms of design, floor plans, and more. Nevertheless, a custom home isn’t one-sided; it has advantages and disadvantages. To decide whether to build a custom home or not, you first need to understand both sides. Keep reading for the pros and cons of building a custom home to help you choose wisely.
Pros Of Building A Custom Home
Custom homes come with lots of benefits. Here are a few advantages:
- You Get What You Order
When you buy a ready-built home, it’s more likely you won’t love every aspect of it. While you can change or upgrade some things to suit your needs, you might not get the exact elements you’re looking for.
On the other hand, a custom home allows you to get what you want in a home. You can get your home designed in a way that suits your family’s needs and their lifestyle. All you need to do is be keen that your home doesn’t turn into something that might be difficult to sell in the future.
- Location Customization
When building a customized home, you not only benefit from getting what you want in a home. Moreover, you also get to choose where you want your house constructed. For instance, you can opt to buy a piece of land in an area with no neighbours or an area with lots of trees.
- You Can Choose The Highest Quality Materials
If you have a custom Home Construction project, you can choose the material to be used in your home. It would be ideal to go for the highest quality materials. Constructing your home with high-quality material ensures you get a beautiful home that will last for many years.
- Less Maintenance
A custom home comes with less or no maintenance costs since everything is new. You don’t need to worry about plumbing, roof, or appliances that require repairs. Additionally, your new home is protected by its warranty.
- Reduced Competition
The competition of readily available homes is driving home prices up, benefiting the seller. If you opt to build a custom home, you don’t have to worry about sky-rocketing costs due to the high demand for available homes.
Cons Of Building A Custom Home
While custom homes are associated with many benefits, they have a fair share of disadvantages, including:
- It’s Expensive
Building a custom home is likely to cost a lot more than buying an existing home. With a custom home, you’ll pay for labour, permits, design fee, and building materials. While you can lower the costs depending on the material and finishes, reducing labour costs below the initial quotation is difficult.
- The Construction Can Take A While To Complete
Another challenge that comes with custom homes is a lengthy home construction period. It can take up to three months to create a small, simple custom home. Therefore, if you’re looking forward to building a bigger house, it can take a year or so before completion. Remember, this period can be prolonged depending on weather conditions, difficulty making decisions, and budget constraints among other things.
- Finding A Location
Most people who build custom homes love to do so in a serene environment. However, it’s nearly impossible to get such a space near shopping centres and other amenities. Therefore, since you might have to locate your home away from social amenities, you’ll have to dig deeper into your pockets to access essential services.
- Lack Of Mature Landscaping
The area should be cleared of grown trees and shrubs to create a space for construction and store construction material. Therefore, your new home might lack mature landscaping. However, to ensure that your space isn’t completely cleared of every grown plant, you can discuss finding a way to retain some with your builder. Also, you can take advantage of a clear lot to choose the type of vegetation you want to grow to enhance your home’s curb appeal.
Everything has its advantages and disadvantages, and so does a custom-made home. With the above list of everything you need to know about custom homes, you can make a wise decision whether to go on with your custom home building project or not.