If you’re in the market for a new home, chances are you’re grappling with the age old question: buying versus building a house. The truth is, there’s no cut and dry answer to that question. But we do think there are some compelling points on both fronts. So let’s take a dive into the nitty gritty of building vs buying a house. After reading a few of these expert perspectives, we hope you’ll have the ammunition you need to make a great decision!
First, let’s look at whether it’s cheaper to build or buy a house
The first thing on all homebuyers’ minds is cost. So which is cheaper: building or buying? Of course, it depends on what you want to build or buy, and where you want it. If you want to buy an existing house in a prestigious area with very little or even no vacant land, it’s going to be expensive. Alternatively, if you want to build on a large sloping block with little site access, it’s going to be expensive. It’s really a matter of weighing up your preferences, and your budget. In a lot of cases, though, building can actually work out cheaper than buying. If you’ve got a good homebuilder on your side, then that’s even more likely to be the case. Good and reputable homebuilders have buying power on their side, which means materials are often cheaper.
When you’re looking at buying vs building a house, you need to look at more than just cost though
Of course, a new house is more about lifestyle than it is cost. Sure, one option may be cheaper, but does that make it the best one? In the case of building a new home, you’ve got more than just cost on your side. New homes are designed for you, and you alone. That means your lifestyle needs come first. So when you build a new house, you know that the end product will be a true reflection of your preferences. That’s not to say buying a house can’t deliver that, of course. It’s just to say that when you build, you can do so with precision and personality!
Building vs buying an existing home: ask yourself whether you love the existing homes on offer
When you scour the property market, you’re probably going to come up with a lot of similar options. Normally, they’ll come to close to what you want, but just miss it in the details. So what do you do? Is near enough good enough? Those are questions only you can answer. But when you do answer them, remember the alternative: building your own house. If you think that the homes on offer around you simply don’t meet your criteria, why settle? Homes are expensive, and you have every right to demand perfection.
Often, building is preferable to buying a house as it allows you to take control over the design
Why exactly does building a house offer you more personalised control over the process? The answer is simple: homebuilders work around you. Sure, you may not have design experience, and it may be your first ever homebuilding project. But your homebuilders have experience and expertise – they can make your vision happen.
In Cairns, we reckon building takes the cake when it comes to buying vs building a house!
Finally, don’t forget to consider where you’re looking: Cairns! Cairns has some of the best vacant land on offer. It’s cheap, incredibly located, and abundant. So why not make the most of it while you can? Finding a nice parcel of land nestled among Cairns’ incredible scenery is an amazing feeling. Living there is even better!
For an experienced local homebuilder, contact Dixon Homes Cairns today!