Building is an exciting time in life, especially if you are beginning the journey of building your own custom home. While the process can be a long and sometimes stressful one, it is always rewarding. If you are contemplating on whether you should begin building your very own custom home, we have come up with a list of pros and cons for you to weigh out.
Pros
#1) Complete design freedom
When embarking on this journey, you are deciding to build a custom home because you want to make it entirely your own. Your dream home should reflect all your wants and desires. It should have its personality, which resembles its owner. By having complete design freedom, you get to call the shots on every detail, from the floors to tiles, to the bathroom and kitchen design, and so much more. The options are endless, and, in the end, you get to move into your dream home.
#2) Ensured quality home- your home will stand the test of time with higher energy efficiency.
When building a new home, you will often work with an interior designer to decide on the best suitable materials for your home. Compared to an older house, your house will have the most updated materials to increase your home’s energy efficiency. If you decide or unforeseen circumstances happen in the future, you may need to sell the home. By having a newer home with excellent quality materials, the resale value of your home increases, therefore boosting your overall investment.
#3) Minimal costs spent on maintenance.
Due to your home being new and updated, it is doubtful that you will need to spend money on maintenance any time soon. Once your home is built, you may wish to have a pre-settlement inspection to ensure that everything is in excellent condition. This is for your own peace of mind; however, maintenance is often unnecessary when building a house from scratch.
Cons
#1) Timeframes are not set in stone.
Building a new home can be stressful because time is never certain. The process itself may be prolonged due to unforeseen circumstances, such as the weather or finances. If you have a plan in mind to move in by a specific date, try to steer away from this because building is a long process. The best your builder can give you is an estimated timeframe.
#2) There are additional costs to consider.
The cost of building a home is significantly more than any other option such as buying, renovating or renting. It also is not a fixed price as fees will come throughout the process, which will need to be covered. To avoid this, you need to budget more than what is required if you are to overcome this hurdle.
#3) With a lot of custom-home builders, you might have to compromise on location.
When building your custom-home, the design and layout is often personalised. This means that when working with your builder, there will not be a lot of options that will suit the size and floorplan of your land. This might mean that you will have to compromise by not building in your preferred location.
Despite what is happening in Perth, Bellagio Homes are custom-home builders with a difference…
Fear not; Bellagio Homes makes the process that much easier for you. We are a small team that work closely with our clients to ensure that they get the home of their dreams. As owners of the company, we have years of experience in the industry and understand the tricks to get the most out of the building process. We know communication is critical, and our aim is to walk with you through this journey from the very beginning up until you move in. If you are considering building or have any questions, do not hesitate to contact us. We are here to advise and guide you throughout this amazing journey.