4 Things you Should know About Building a Custom Home vs Buying an Existing Home
When you are ready to invest in a property or upgrade to a new home, you have the option to buy an existing home or to build a custom home. Depending on your plans with the property, family size, and lifestyle, one option might suit you better than the other.
On one hand, custom home building allows the homeowner to plan the design, choose every item in the house, and to select the quality of the building materials. On the other hand, many homeowners have expressed that buying a modern home is an excellent option because it can take a shorter amount of time.
At Sunset Homes, Calgary’s bespoke home builder, we seek to help and guide homeowners and future homebuyers with all the information necessary regarding Calgary custom homes. That is why we have prepared this list of things to consider when deciding between building a custom home or buying an existing one.
Location of a new home vs. a custom home
Your new home’s location will impact your life in many ways. Depending on your family needs, you would have to consider school districts, your commute to work, and of course the neighbourhood that would suit your family the most.
New homes and new developments are usually far from downtown, whereas custom infill homes are located in the inner city. Living in Calgary’s inner city could offer you and your family many advantages, you can read more about it in our article 3 Benefits of Building a Custom Infill Home in Calgary. Take your time to talk to some Calgary custom home builders and inquire about location.
Convenience of a modern custom home
Always depending on your needs, one option could be more convenient than the other. For example, building a custom home allows you to customize your home, add all the rooms you need or your family will need in the future and use space efficiently. This means that a modern custom home adapts to your family’s needs.
Nevertheless, the custom building process takes longer than the process of buying an existing home. If you have the time to go for custom building, make sure you can develop a positive relationship with your homebuilder.
In Sunset Homes, to make the building process time more efficient, we always try to maintain the best communication possible with our homeowners and we keep them updated with every detail regarding their building projects using co-construct and our online software. Check out our educational video about it.
Custom Building entails a Different Budget and Schedule
Many homeowners are inclined towards custom building but fear that building a modern infill would be a higher cost and that besides taking longer, there is the possibility of going over budget. On the other hand, homebuyers feel less concerned about their budgets when buying an existing home.
If you decide to build with a reputable custom home builder, you should never encounter any of these problems. Ask for references and past experiences from other homeowners that have built with your custom builder of choice. And also, you can ask your builder for savings advice.
Another aspect that concerns your budget is that after buying an existing home it is common to undergo renovations or upgrades.
The renovation costs can be delayed or you can decide to make upgrades after moving into your new home. Although, when you decide to a custom build, as everything is customized, you won't have to account for any renovation in the near future.
Quality of Building Materials
When buying an existing home, there is little possibility to assure your home has been built with the best building materials possible. Conversely, when building a custom modern home, choosing high quality building materials is easier, as well as incorporating green building practices.
Sunset Homes is part of the Built Green Program and is actively seeking the best way to provide our homeowners with the best quality materials for their homes as well as the most energy efficient structure possible.
Are you ready to build a modern custom home? Contact Sunset Homes today; we are proud to be Calgary's bespoke home builder. We will gladly prepare a free quote and give you more information about our custom luxury homes and major renovations.
Don’t forget to check out our ongoing projects, Calgary modern homes for sale, and exciting daily updates on Facebook, Twitter and Instagram. Also, take a look at our beautiful Homes and get to read our reviews in Houzz!
Too Long Didn’t Read (TLDR)
When deciding between buying a home or custom building consider aspects such as location, time convenience, budget and quality of building materials to decide which option suits you best.