There are advantages and disadvantages to consider when purchasing a constructed home. Let’s take a look, at them;
Advantages;
- Modern construction: New build homes are designed to meet the standards making them more energy efficient and requiring maintenance compared to older homes. They often come with warranties providing peace of mind. For instance, new build homes incorporate energy materials and appliances that can help reduce your energy bills. They may also include eco features like panels or rainwater harvesting systems. Additionally new build homes typically come with warranties that protect against repairs.
- Customisation options: Many new build developments offer customisation choices allowing you to select the features that best suit your preferences and budget. For example, you might have the opportunity to personalise the layout of your home choose finishes or decide on the appliances you want. These factors make buying a new build home an option, for those seeking tailored housing solutions that align with their needs and financial situation. Owning a home can bring a sense of pride and belonging.
- No involvement, in a chain: When purchasing a built home, you don’t have to worry about being a part of a chain, which can speed up the buying process. This is particularly advantageous in today’s market. You don’t have to wait for the sale of your home to be finalised before purchasing the one. This can save you both time and money.
- Building connections: developed housing areas often foster the creation of vibrant communities providing opportunities to meet new people and develop friendships. These developments are typically located in areas undergoing development attracting families. This fosters a sense of community and mutual support.
Drawbacks;
- Cost implications; New build homes tend to be more expensive compared to properties. This is due to factors such as land prices, material costs and labour expenses. The cost of constructing homes has been steadily increasing in years primarily due, to rising material and labour costs. As a result, some potential buyers may find them out of reach. The time it takes to construct a build home can be longer compared to homes. This is primarily because new build homes are often customised and can experience delays caused by factors, like weather conditions.
- The duration for constructing a home can vary depending on the development and the builder involved. However, it’s important to understand that completing a build home typically requires months or even years.
- Some individuals have raised concerns about the lack of character in build homes. This is usually attributed to their cookie cutter designs, which may not possess the charm as homes. New build homes are often created with appeal in mind, which sometimes results in a perceived lack of uniqueness. However, there are developments that prioritise incorporating character into their designs.
- There have been reports regarding quality control issues, with new build homes. Typically, these problems arise from builders or poor workmanship. When considering purchasing a build home conducting research and selecting a reputable builder are crucial steps. Additionally, it’s advisable to inspect the property before finalising your decision.
Ultimately whether or not to buy a build home is a choice that should be based on individual preferences and circumstances. There are both positives and negatives to consider. The ultimate decision will depend on your requirements and financial situation.
If you’re thinking about purchasing a constructed home it’s crucial to conduct research and compare various developments. Additionally obtaining quotes, from builders can help you secure the favourable price.
Pilkington Estates is a real estate agency in the UK can assist you in finding the ideal constructed home that suits your needs and budget. Furthermore, we provide a range of services to guide you through the purchasing process, including mortgage assistance and conveyancing arrangements.
We are ecstatic to announce that we have just won the 2023 British Property Awards, crowning us the BEST Estate Agent in Plymouth (PL1-PL3)! This prestigious recognition comes after months of extensive judging from an independent panel of judges. We are proud to have been recognised for our commitment to providing excellent customer service and our expertise in the local property market.
Feel free to reach out to Pilkington Estates today for information on build homes and how we can help you discover your perfect abode.Â
