Purchasing your first home is a huge deal and it can go one of three ways. Either you go through a realtor and browse the new homes for sale on the market. It can be hard to find your dream home this way if you have specific tastes, often leading to frustration. You may also look at properties online. Around 44% of people searching for a place to call home start their hunt on the internet.
Alternatively, you can choose to custom build the perfect home on your land. If this sounds like the best and most liberating route for you, read on. Here are the top misconceptions you may have when wanting to build home on your land.
Misconception #1: Building a Custom Home Is Too Lengthy of a Process
If you’re worried about the building process taking close to an eternity, this is completely false. The length of your project can vary, depending on many factors — such as the size of the house, the number of windows, and even where you decide to build. However, on average, you shouldn’t have to wait longer than six months. If this waiting period is making you feel antsy, think of all the additional features you can add. You shouldn’t have to compromise on your dream home.
It’s well worth it to build on your lot in the long run.
Misconception #2: It’s Too Overwhelming
Many people shy away from building a home from the ground up because they think it’s too intimidating even to fathom. However, you don’t have to be an expert in construction to build your dream home. You just need to hire the right team of local home builders to guide you. It’s worth the effort if you want complete control — you can decide whether you want to make your home more energy-efficient. Additionally, the number of rooms and the design of the house is all up to you.
Misconception #3 New Houses Are More Expensive
Lastly, many people believe that investing in a new home will be more expensive than purchasing an older home. However, this is not always the case. Older homes can come with a variety of issues. You may have to replace the flooring, fix the plumbing, add energy-efficient appliances — which can all add up to a hefty price tag in the end.
Build Home on Your Land: Making the Right Choice
In conclusion, to build home on your land is worth the effort for anyone striking out in the current marketplace. However, don’t get discouraged by the misconceptions. As you can see, there are many benefits when starting from scratch.