Building a Custom Home vs. Purchasing an Existing Home

If you’re ready for a significant change when it comes to your home, you may be wondering whether you should proceed by building a custom home or purchasing an existing one, and the decision is not always easy.

Many people assume that buying an older home and renovating it will cost less than building a custom home, but that is not the case, and in the long run, it can end up costing more. If you’re not sure which option is best, here are a few reasons why building a custom home is a better idea:

Building from scratch means you have more design options and capabilities that will be present right from the very start. An older home will have older designs that are outdated and will need a lot of renovating in order to make changes and look modern, which will cost a fortune. A custom-built home will allow you to design your home exactly the way you want it, which is more practical and affordable. You can include open floor plans, large living spaces and the kitchen of your dreams.

The construction process is a lot easier and custom-built homes have better insulation, better air filtration and are much more eco-friendly. This is because new building codes have high energy standards that are a mandatory requirement, whereas older homes will need extensive renovations in order to be up to code, which can harm your wallet significantly. Custom home builders know the requirements to follow, making the construction process smooth and easy.

Newer homes end up being a far better investment because they will not require repair costs the way that an older home would. They are also a lot more energy efficient, meaning you’ll spend way less on utility bills every month. Overall, it’s a better investment than buying an existing home.

Newer homes also have lower maintenance costs because all of the components are new, meaning you don’t have to worry about roof repairs and HVAC units breaking down. The appliances will come with warranties so you have peace of mind knowing you’re covered if something were to go wrong.

Safety is another advantage that custom-built homes come with thanks to the technology and construction advancements with which they are built. AC units with eco-friendly coolants, garages that have infrared beams and advanced smoke detectors are just a few examples of the improvements you’ll see in newer homes, which makes it a lot safer for you and your family to live in.

Holcraft Contracting can help you build a custom home that meets your vision and your needs. In addition to commercial renovations, they specialize in residential construction and home renovations. Speak to one of their general contractors so they can start building your custom home today!