As you search for your next home, you’re carefully considering whether you should buy a brand-new home or a resale. Older homes offer convenience, but they can have some problems, and they rarely have everything you’re looking for. Building your home from the ground up, though, can take around a year to complete. Is a brand-new home worth the wait?
Once you consider all of the perks that come with building your home from scratch, we think you’ll have an easier time making your decision.
Of course, the biggest benefit to building your home from the ground up is the opportunity to customize almost every single detail. When you look at resale homes, you’re often faced with difficult decisions. You like the flooring in one home and the layout in the other. With your brand-new home, you can have the best of all worlds.
Controlling the Price
Resale home prices are set by the seller. If you want a particular home, you have to offer a price the seller likes. In a hot market, you may have a hard time getting a home you like at a price you can afford. This isn’t the case with brand-new homes.
While they can be a bit more expensive than resale homes, you control the price with the choices you make. For instance, if you are set on having hardwood floors throughout the home, you can offset the cost by choosing slightly less square footage. If the patio is where you want to spend most of your time, you can spend more money on that area of the home while cutting corners on things that don’t matter as much to you.
Your new home will come with a new home warranty and manufacturer’s warranties. It’s comforting to know you won’t be dealing with any major repairs soon after you move in.
Move-In Ready Condition
Often, when people buy resale homes, they want to make changes to the space. Sometimes, it’s just painting the walls a new colour. Other times, there are extensive changes like remodelling the kitchen. Your brand-new home will be in move-in ready condition. You’ll have selected the right colours and the layout that works best for your family. You can immediately start enjoying your new home.
With a resale home, you’re stuck with the land the home is already on. Building your home from the ground up allows you to pick the lot in a new Regina or Saskatoon community that’s best for your family. You might look for a pie-shaped lot so your kids have a bigger backyard to play in. You might select a specific lot because you know it will have great views through the picture windows in your new home. When it comes to neighbourhoods, you might focus on being close to work or finding great schools for the kids. You have your pick of pre-build lot options in the community you choose.
Timing Your Move
Those buying resale homes are often constrained by the process. When you see a home you like, you have to make a move even when it’s not great timing for your family. Though it takes some time to build your home from the ground up, you do have a bit of a say in when you get to move.
By entering the purchase agreement at just the right time, you’ll be able to move during the summer so the kids get settled before the new school year or plan to sell your current home in the spring when the market is hotter. This is a big convenience. If you have a tight timeline, talk to your builder about when you need the home to be available.
Watching the Process
Finally, it’s simply fun to watch your home go up. Your builder will give you a timeline for the build of the home. Every few weeks, you can drive the family past the lot to see the progress. Kids especially love watching the big trucks move in to dig out and fill in the foundation. Little by little, you see the walls go up and the house gets its finished look. It’s a simple thing, but you and the kids will be more excited about moving into the new home once you’ve seen the entire process.
Building a home from the ground up has a lot of benefits, but it’s not the right move for everyone. If you want a brand-new home without the wait, you can consider a quick possession home. Otherwise, come tour our showhomes, and start making the selections that will make your new home just right for your family.