Have you been saving up for a brand new home? Looked all over and just can’t find that dream house? New construction might be the best option for you, but it’s good to know the pros and cons before diving in.

Buying a home that doesn’t exist yet can be very difficult, so don’t go into it blindly. There are pros and cons to both renovating an old house or building a brand new one. We want to share the biggest pros and cons of building a new home, and ways to make the process go much smoother.

Pros

There are quite a few pros when it comes to building your new home, and many times these will out weigh the cons. The best advice we can give you is to analyze and weigh your own pros and cons to get a better idea of what will work for you.

Customize Your Dream

Now this is the fun part! When you buy an existing home, you have a choice to keep it as-is or to invest time and money into renovating. If you choose to build new, though, you skip this decision.

Building a new home allows you to personalize everything from layout to finishes. Many people find this to be the most fun part because they can get creative and choose options that work best for their unique situation and family.

Up To Code

Another big advantage of building a new home is that everything will be up to date with current building codes. In tune with current building codes, a newly built home will also use safe and energy efficient materials. Plus, many often incorporate trending technology and smart home features.

This also means that as a new home owner, you’re less likely to deal with large scale problems like a leaky roof, or failed systems. Many contractors offer a limited warranty though, in the chance that something should happen.

Cons

As with any decision when it comes to your home, there are some cons to keep in mind. Your decisions concerning your newly built home of course will depend on which factors are most important.

Building New Takes Time

Building a house brand new can take months, sometimes even up to a year or more. There are a lot of factors that determine how long it takes, such as permits. You will need to be prepared to cover the cost of staying in your current residence or renting temporarily. The good part about this though is that once your new house is complete, you will be able to move in right away!

Hidden Costs

When buying an existing home you may be able to negotiate on the purchase price, but this typically isn’t the case when it comes to building new. There are often unexpected costs that arise along the way, such as upgrades to finishes, closing costs and more.

Weigh the New Construction Pros and Cons

Your situation is unique, and deciding which path to take is a big decision. Weighing your pros and cons will help make your decision a little easier, and help you know what’s right for you and your family.

If you’re ready to start working towards building your dream home, give us a call and we will get you a plan. We specialize in new home construction, so you can trust that you’re working with the right general contractor.