Reasons Why Building A New Home Is The Best Decision You Will Ever Make

RajeevT By RajeevT, 2nd Jan 2015 | Follow this author | RSS Feed | Short URL http://nut.bz/z89j2s03/
Posted in Wikinut>Guides>Property & Real Estate>Buying A Home

When choosing between building a new home and purchasing an existing one, we understand that you are often faced with some tough decisions.

6 Reasons Why Building A New Home Is The Best Decision You Will Ever Make

When choosing between building a new home and purchasing an existing one, we understand that you are often faced with some tough decisions. After all, a house represents a considerable investment and you will be stuck there for a number of years –it’s important that you are happy with the decision made. We have compiled a list of 6 reasons why building is the best choice.

1. It means a smart investment
It is often said that that property is one of the safest investment options out there – and it probably is when you compare it with other investment options, like stocks. Whilst house prices do tend to follow a cycle, the value of the land will almost always go up over the years – even if your home falls into disrepair, it will still be worth something.

2. It means more money in your pocket
With interest rates already low in Australia, you could find that mortgage repayments for your new home are far less than you first thought. This could be especially true if you are able to contribute equity from the sale of your current property. If you are not already a homeowner, you could find that the mortgage repayments are less than the cost of renting.

3. It means security
Many who rent are constantly in fear that the owner is going to sell the property from underneath them or that their lease will not be renewed once it’s finished. If you are able to make your repayments, you can sleep worry free with the knowledge that your name is on the title. Do you really want to go through the hassle of finding another rental?

4. It means more space
Building a new home is a great solution if your family is outgrowing your current floor plan (especially when you consider that extensions can be costly and don’t always fix the problem). Starting from scratch is like working from a blank canvas – you have the ability to build the house of your dreams and ensure that all your needs are met.

5. It means a sense of achievement
Whether this is your first build or your third, you will find that it is one of life’s most satisfying achievements. There are a lot of ups and downs to the process, but the end result is always well worth the wait – a home that is truly unique and meets your needs in every way. If you have decided to tackle some parts yourself, the achievement is even greater.

6. It means no compromises
It’s actually quite rare to find an existing home that ticks all of the boxes on your wish list. So why would you settle when you have a way of getting the house of your dreams? If you want a 5 bedroom home with a large study, this is exactly what you will get – the kids won’t have to share rooms and your dining table won’t double as a desk.

If you have crunched the numbers and decided that building a new home is certainly a viable option for you at this point in time, we encourage you to take the plunge. Whilst we are sure that you will encounter problems during the design and construction process, we are also sure that you will love having your own unique house even more. What are you waiting for?

Tags

Building A New Home, Home Builders, New Home Builders

Meet the author

author avatar RajeevT
I am web enthusiast and a passionate blogger who dreams, observes, and listens.loves to learn new things and share useful information, tips & ideas with readers.

Share this page

moderator Steve Kinsman moderated this page.
If you have any complaints about this content, please let us know

Comments

Add a comment
Username
Can't login?
Password