Most homeowners usually end up spending too much time and energy on searching or designing a home. The two options: building a home or buying a resale home both seem good and confuse a potential buyer even further. Fret not. The experts from Blue Ridge realtors are here to settle the debate once and for all.
The location, budget constraints, market trends, property taxes and the buyer’s choices play a huge role in deciding what houses to buy or how to build one. Every buyer is unique and will have specific requirements about their dream home. Among these various choices, the most important and the first one a buyer needs to make is to decide whether they want to build a house or buy a resale home; each with its own merits and demerits.
Buying a Resale Home
The primary advantage of buying a resale home is convenience and cost. Most qualified real estate agents can help you find appropriate properties for sale and guide you through the negotiation phase.
However, it can be tricky to find a home that is in perfect condition, so while negotiating, you must factor in the cost of renovations or any potential replacements if necessary. A buyer on a tight budget constraint should consider buying a resale home as it is cheaper than building one. Another reason one might consider buying a resale home is that they prefer a particular neighbourhood.
The most significant disadvantage of buying a resale home is that it will never be the exact home you want. It will have been built up to the specifications of the previous owner and there is bound to be something that will not fit with your wants or needs.
Building a Home
Building a new home does not offer the same convenience as buying a resale house. There are several hurdles, like finding land in a friendly neighbourhood and finding an excellent architect or builder. To top that, you may also need to worry about water and sewage systems, along with other environmental permits. For many, this factor alone can make a potential buyer reluctant to go this route. But even though the costs of building a home can be higher, the hidden costs of buying a resale home can increase the total investment you will be incurring.
The Bottom Line
Even if you start your search for a resale home, you may end up deciding to build one to get the home you want instead of compromising with a pre-built resale home. Conversely, you may plan on building a home and later decide that a resale home might suit you better. Realtors in Blue Ridge, GA, might help you ensure the process goes as smoothly as possible.
