One of the most common questions home buyers ask themselves during the home search process is, “Should I build or buy a home?” While each option has its benefits, both buying and building come with a few drawbacks as well. Take the time to consider the points that follow before discussing with your realtor or custom home builder.
Ultimately, the decision to buy or build depends on how quickly you want to get into your home and how necessary modern amenities are to you as a potential homeowner.
Of course, it’s essential to consider the final price. While the median cost of purchasing a pre-1960s’ home was recently calculated as about $295,000 (depending on location), the median cost of building was a bit higher at nearly $315,000. However, when you factor in the sheer customizability, energy efficiency, and potential life-span of the materials used in a new home, you’re much more likely to get what you pay for when you choose to build.
If you’d like more information about the benefits of building a home in the Toledo area, contact Premier Builders online or call (419) 794-5958 today.