House hunting can be frustrating. Finding a house that lives up to your wish list of features could be all but impossible, and you could eventually be outbid by another buyer. If you’d rather skip out on the headaches, building a custom home could be the answer for you. Here are four of the top benefits of foregoing the house hunting process altogether and building a home from the ground up:
1. Customized to you
The most obvious perk of building a home is your ability to customize every element of the home to meet you and your family's specific wants and needs. You can have every detail specifically designed exactly the way you want. There won’t be any house on the market that will be this suited to you specifically, so even if you do decide to buy an existing house on the market, you may ultimately decide to renovate in order to customize the home to your liking.
2. Control where your money goes
Being in the driver’s seat of the construction of your new home gives you the control to negotiate pricing anywhere you can. From the materials to labor, you can try and get the best deals to save some money when building your dream home.
3. Avoid maintenance issues
Since everything in your home will be new, you can avoid some of the maintenance issues that stem from aging plumbing, appliances, HVAC systems, and more. Hopefully, your new home will have little to no maintenance for quite some time, and you can relax in your new space. On the other hand, when buying a home, there are often routine maintenance issues that could pop up soon after buying.
4. Energy efficiency
There have been so many updates to home building in the last few years, including advancements in energy efficiency. By investing in energy-efficient materials and appliances, your custom home could save you money each month on your energy bills. Meanwhile, updating an older home to be more energy efficient could be very costly. In fact, the cost to update a 100-year old single-story family home could cost up to $100,000 according to the New York State Energy Research and Development Authority. Building a home with energy-efficient materials and appliances gives you the best opportunity to cut energy costs—a win for the environment and your wallet!
The possibilities and choices are endless when it comes to building a custom home. If you like the idea of a home that is completely customized to meet the short- and long-term needs of your family, a custom-built home may be the right option for you!