To build your house from scratch or to buy an already built one?
A house is made of bricks and beams. A home is made of hopes and dreams.
Home construction is a very crucial and exciting part of a family’s life. Many families wait for years to have a chance to build their own homes. If we say that home is a dream, and this dream’s realization is a tedious task, then we are not just floundering words.
Several families struggle to have a shot at buying or building their own houses. When they finally manage to gather the requisite funds, they face a more significant dilemma of buying an already built home or construct one. Both options have their pros and cons, and the choice is totally up to you (if you are at the decision-making stage).
Buying an already built house is not a wrong choice, it has its perks like not going through the hassle of looking for land and finding the best construction company that can timely deliver the project with exceptional quality. The benefits of buying a constructed house are:
- You won’t have to worry about finding and buying a plot of land.
- You can get the desired house space.
- Don’t have to worry about the construction process.
- Real estate agents can help you find your dream house with ease.
- If you are on a tight schedule, then the already built house provides excellent comfort.
- It is cheaper to buy a built house than constructing one according to the National Association of Home Builders.
- You can choose a neighborhood depending on several factors like distance from work, nearby schools, type of community, etc.
- You can renovate and re-adjust the building according to your needs.
Since these perks are very exciting, but some disadvantages are inherent with buying an already built home, for example, a buyer will be limited to what the real estate dealers have to offer, and the houses on offer are not suitable for the buyer.
- You won’t have the choice of customization.
- There might be loopholes in the construction quality that even keen eyes might fail to spot.
- The society guidelines of the neighborhood might limit the room for customization and restructuring.
- Ready to move-in houses might not be what you are looking for.
- You might spend a lot of time house-hunting and still couldn’t find one.
- Due to high inflation rates, already built houses might not provide fair value for money.
- Old houses have defects and are covered up by a real estate agency.
- Old houses are not built for modern-day needs and are generally not energy efficient.
As now you get the idea that buying an already built house has its restrictions and limitations, we will walk you through the most challenging aspect of building the house and supervising the construction process. The foremost process of building a house is deciding what your requirements and ideas for your home are.
Many people might want a home theatre system installed in the basement, efficient emergency management systems, or an energy-saving system that might contribute towards the environmental conservation efforts.
If you are pursuing such options, then the costing and budget become the main focal point during the planning phase as the installation cost of a home theatre system might vary as per requirements and energy-efficient homes require the latest technology.
The best home building practices start with the identification and acquisition of land. Before acquiring the ground in a particular area, you should consider the zoning requirements, easements, available utilities, and natural hazards.
Once you have acquired the land and completed all the legal processes, get an architect to design your dream house within your budget limitation. Communicate you’re desired no. and design of bedrooms, no. of washrooms, and garage requirements to your architect.
Before hiring a construction firm or a contractor to begin the construction works, make sure that the firm has a good reputation and can work at competitive rates while prioritizing the quality. Many firms will offer you low rates but will cut costs by using low-quality building materials that can prove to be fatal in the long term.
Also, ensure that the contractor or construction firm has an adequate workforce and can deliver the building before the deadline, many scholars and dissertation writing services are researching to study the damage caused to the construction projects due to the lack of workers on construction sites.
The adverse effects of the inadequate workforce at a construction project include
- Delay in the project delivery date
- Labour exploitation by the contractor
- Compromised labor safety
- Breach of standardized, safe working protocols
- Such construction processes are liable to more construction site accidents as a contractor tries to squeeze extra work from the workers.
Such construction firms can also compromise on the quality of construction of your house, and it can hurt your emotions, sentiments, and investment. So, it is essential to choose the construction firm even if the rates are a bit higher than the less reputed ones.
Now that you know how to navigate and supervise the construction process let us consider the advantages and disadvantages of building a house.
Advantages of building your own house
A home is very close to the hearts of the family, and it takes years for many families to build a house that they can call home finally. The best advantages of building your own house can be summarized as follows.
- Building your own house rather than buying an already built one gives you the freedom to design the home as you want.
- There are endless customization choices.
- You can opt for a swimming pool, a basement, a garden, and many other things.
- A new home has a longer life span.
- You will have the satisfaction of the quality as you built under your supervision.
- New houses don’t require maintenance for a long time.
- You can choose the land that you want to build your house on.
- You have the freedom to choose the budget.
Disadvantages of building your own house
- The costs of land are high in the current market.
- If you want to build on an already constructed plot, then demolition costs will add an extra burden on your pocket.
- House building is a time-consuming process.
- Site investigation of your residential site is compulsory as per the laws. This also adds to the cost.
- The costs might increase than the estimate due to fluctuating market prices of construction materials.
The choice is really up to you, and both options have their pros and cons. Choose wisely as per your needs and requirements.
The ache for home lives in all of us, the safe place where we can go as we are and not be questioned.
Thank you for reading!