Buying VS Building a Custom Home

When searching to buy a new home, many people look for homes that check off all of the boxes on their checklist, but finding a home that fills all of your desires can be a difficult task. The best way to ensure you get all of the must-haves for your home is to build your own, but this can be costly and may take a lot of time. Let’s explore the benefits of building a custom home and buying an existing home to find the best fit for you:

Building a Home

There are many advantages to building your own home– you get to be the first to live inside so there will be few repairs to make and you get to choose exactly how your new home will look. Building a new home also means that you may install the newer materials and appliances which generally leads to lower energy costs. For a fully-custom or semi-custom home, building is the perfect way to get exactly what you want.


Though there are many pros to building your own home, there are some setbacks as well. It takes a lot of time to build a new home, so you will have to wait until it is finished to move in. Building a home from scratch is also costly and there may be some features you will have to install later to save money.

Pros
1. Completely new
2. All customizable choices are yours to make
3. Lower energy costs
4. Fewer repairs to make
5. No competition with other buyers

 

Cons
1. Takes lots of time
2. Higher costs

 

Buying an Existing Home

You may find that buying a home is more suitable to your family. For instance, if you are on a schedule you may not have the time to build, so buying an existing home may be more convenient. This will allow you to move in and get settled much quicker.

There is no need to spend money on landscaping or other features because they will most likely already be there, though your family may wish to renovate further after moving in. Buying a home is much less costly than building one because of the many costs that come with constructing and designing homes. However, there are some drawbacks that may include older appliances, needed maintenance, and competition in the changing markets.

Pros
1. Faster move in time
2. Fewer features to install
3. Less costly

Cons
1. Older appliances
2. May need repairs
3. More competition with other buyers

 

Long Ridge Construction helps you through the whole process in finding your new home. If your family is looking to get the best of both worlds between building a new home and buying an existing one, then Long Ridge Construction can help you find beautiful semi-custom homes all for sale in Pennsylvania. Long Ridge Construction works to give you the best experience possible by working beside you through the whole process, we help you find your forever home.

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Long Ridge Construction combines the resources and knowledge of a large construction company with the personal touch of a locally owned and operated business.