Building a Custom Home vs. Purchasing an Existing Home

It is every family’s dream to have their own home. If you plan to own a home, you have two options – you could either buy an existing home or build a new custom home from scratch.

Purchasing an Existing Home

Many people believe that purchasing an existing home is the more affordable option. This is not necessarily true. If you purchase an existing home, you will have to renovate the property, build additions and upgrade different systems.

When you add these costs to the market price of an existing home, its final price may be equal to or more than a custom home. An existing home may have hidden defects and the cost of remediating foundation problems and other defects could run into thousands of dollars.

You may also have to vacate your home and stay in a hotel during renovations and upgrades. These costs too should be added to the price of an existing home.

Building a Custom Home

There are several compelling reasons to build a custom home. When you build a custom home, you can choose the materials and decide on every feature. You can customize every aspect of your home. You can, for example, decide the number of bedrooms and bathrooms you need.

If you have older adults at home or a family member has mobility impairments, you can customize certain features of your home to make it more accessible. You can decide the types of tiles and flooring to be used in every room and how high the ceilings should be.

You can create an open-plan layout or take the traditional route. Your custom builder in Sonoma County will customize the landscape design according to your specific needs.

When you buy an existing home, you are stuck with its pre-existing floor plan and cannot do much to maximize space utilization. When, on the other hand, you build a custom home, your custom builder can come up with space saving ideas to optimize every inch of space in your home.

When buying an existing home, you cannot be sure about the quality of building materials used. Another upside of building a custom home is that you have full control over the materials used. Custom builders have a supplier network and use high-quality materials designed to stand the test of time.

When you build a custom home, you, and not the builder, decide how your home is constructed. You are in the driver’s seat and can manage price points. You can distinguish between needs and desires and forgo some features to reduce expenses.

Holly Construction, Inc. is a renowned custom builder in Sonoma County. We are committed to helping families build the home of their dreams. We are also your go-to team for remodels and additions. Contact one of our professionals at 707-541-0700.