Buying a Home
Buying a new house is often cheaper than a new build and can already offer much of what you’re looking for. When preparing to buy you’ll face fewer steps and tasks to complete before moving in, resulting in a shorter wait. Of course, a pre-existing home might not have everything you want: the less it suits your preferences, the more work and money you’ll have to put into it. Some historic homes on the Northshore may be old enough to need extensive repairs, which is why it’s important to have a candid conversation with your real estate team about appraisals and what to expect in terms of budgeting for post-sale renovations.
Building a Home
Perhaps the most obvious benefit of building your home is that you get much more control over the details, customizing it to your liking within your budget. That choice comes with additional responsibilities, however, especially if you’re buying land to make it happen. You’ll need to acquire the right permits and recognize that buying land works differently than buying a home.
Building a home also tends to be more expensive thanks to a variety of costs—like paying contractors, purchasing materials, and luxury add-ons—alongside the zoning and utility requirements for the plot itself. Lastly, how long are you willing to wait? You’ll need to allow more room in your moving timeline, so if you’re in a rush to get into a new home, a new-build home may not be the best option for your family.
Ultimately the right choice depends on your budget, timeframe, location, and personal needs, and McNeely Mack LifeStyle Properties | Latter & Blum can introduce you to stellar properties on the Northshore and support you throughout your journey to finding your dream home. With over 75 combined years of experience and a focus on real relationships, our team works hard and always puts clients’ needs first for outstanding results. Learn more by contacting us today.