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The Benefits of Building Instead of Buying a House

Building Instead of Buying a House

By Alexis WalkerPublished 4 years ago 3 min read
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If you’re right about that age where you want to settle with a piece of property to call your own, you have two options at your disposal – buy a house or build one yourself.

While buying a house is way easier than building one from scratch, it's also true that a previously owned property will inevitably come with some drawbacks. For example, assuming it's been taken care of well enough, you'll have to make some stylistic compromises because the chance of a house or apartment looking exactly as you imagined it tends to be fairly low.

Also, buying a house someone lived in before means you inherit all of the mould, small-scale fires, poor maintenance, and a host of other hidden issues that will be popping up one after the other in the years to come.

Now, when it comes to building your house from scratch, what you have to pay attention to would be the costs of hiring a construction team (unless you plan to build it completely on your own), as well as the waiting period which is bound to last for at least six to seven months.

That said, the feeling of being the first owner of the property you build is irreplaceable, plus there are some other benefits of building your house.

Here they are.

Liberty to Choose the Style & Design

… of both interior and exterior premises.

The thing is, as we said above, one of the most annoying aspects of buying a property is that you have to settle with its style even though you don’t like it. The problem is, of course, that once you’ve bought a house, remodeling is only going to add to the expense sheet, and you can’t make any drastic changes anyway unless you want to completely demolish the house and build one in its place.

If you’re building from scratch, on the other hand, you have the full liberty to do whatever you so desire with your building plans. You can follow any architectural and building model you fancy and there’s no one to tell you anything against it.

Energy-Efficiency

If you play your cards correctly right off the bat and invest some money in insulating your house as well as use materials that are naturally sturdy and can last a long time, you won’t have to pay as much money for heating bills and energy, in general.

Thanks to the new, sustainable materials that are routinely used in the construction of modern-day houses, building a new house from the ground up will mean you won't have to pay as much for the bills as you would if you bought an already built house. Buying high-quality timber can save you a lot of money down the road in reduced bills. Businesses such as ATS Timber deal in all sorts of building materials, and it’s also less expensive if you buy large amounts of it.

No Stamp Duty on the House

If you're building a house on a plot of land you own, you only need to pay the stamp duty on that plot of land, which is way less expensive than if you had to pay it for the entire house.

So, you won’t need to worry about these expenses and you can redirect that money toward further improving your property.

All in all, building your house represents one of the most satisfying things you can do with your money and once you’ve built it, it’s there to stay for decades. You’re also the first owner, can decide how your house is going to look, what rooms you want it to have, and you can make both exterior and interior look the way you like it. If you have the money to pull it off, it doesn’t get much better than to build your own house yourself.

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