How to Choose a Home That Fits Your Lifestyle

The overall value of homes in Houston, Texas have risen 7.2% in the past year. The prediction of the Houston real estate market is that they could rise another 3.4% over the next year. Real estate is a smart investment, but there are so many ways to go about investing in a home. For instance, you could pursue building on your own land or purchasing a pre-existing home like a construction home or an acreage homesite in a community (such as the new subdivisions in Rosharon TX). So how do you know what the correct option is? Let’s look at the basic pros and cons of each option so you can begin to make an informed decision.

Build Home on Your Land

The main benefit of building a home on your own land is that you have the ability to build a house that will completely fit your lifestyle and is customized to your design. However, the process is a bit more involved than simply buying a home. You need to choose your lot, design your home to your dream specifications, and then figure out your budget and financing. After that, you need to wait until it is constructed and close the deal before you move in. Obviously, it will take more time than the alternative. The costs of building a home may be greater than buying (depending on a lot of factors). However, you could get a greater return on investment if you ever chose to sell in the future — though you may never want to.

Buying an Acreage or Construction Home

Buying a home is certainly simpler than building one. However, you lose some of the customization and personalization in the process. Many would prefer not to have the stress of designing, financing, and constructing a home, and would instead rather find one that they love and will fit their lifestyle already.

Fortunately, there are plenty of beautiful homes available, such as construction homes and acreage homes, where families can spread out and grow. Oakwood Shores in Richwood, TX and Bayou Oaks Estates in Danbury, TX and new subdivisions in Rosharon TX such as Suncreek Estates are just a few examples of locations for acreage homes for sale.

With such a big choice for first-time homebuyers, it’s hard to know what the right option is. Which is why it’s important to find a realtor that can help you find the option that best fits your family’s desired lifestyle.

Date: July 1, 2020
Category: Blog