Are you ready for your dream home? You have three options: buying a new home, building a custom home, or remodeling your current home. Which one is right for you?
Let’s take a look at the pros and cons of buying, building, and remodeling. No matter which path you choose, Schultz Builders can help you achieve the home of your dreams.
Buying a New Home
- Move-in ready
- Less decision-making
- May have desirable location
- May have historic value
By far the best part about buying a new home is that you can move in immediately after closing. It’s a great feeling to walk into a house and automatically feel at home.
Buying a new home is also a great option if you’re not interested in making every single decision for a custom home. Not everyone is an interior designer at heart. If you’d rather save the headache of deciding everything from kitchen tile to doorknobs, then buying a new home may be right for you.
Buying is also a great option if you want a house in a more densely populated location where land is hard to come by. If you want to live in a specific neighborhood or part of town, buying might be your only option. Additionally, there’s no way to build a historic home — you simply have to buy one.
- Fixed floor plan
- Potentially inheriting problems
- May have undesirable location
Of course, the worst part about buying a home is that you eliminate a lot of your options with a fixed floor plan. Our custom builders are happy to add a home addition or remodel a space in your new house. However, there may be some limitations based on existing plumbing, electrical work, load-bearing walls, or other concerns.
You might also inherit some issues with your new home. Beyond the major concerns like a leaky roof or termite problem, you may have to deal with some minor annoyances, like cupboards that don’t provide adequate storage. Be sure to get a professional home inspection for the big issues, but also take the time to consider how you would actually live in your new space and see if there are any smaller problems worth taking into consideration.
Also, keep in mind that when you buy a house, you have to deal with the property upon which it is built. If you have plans for a large backyard deck, for example, make sure you buy a house with a yard large enough for that home addition.
Building a Custom Home
- Made for your specific needs
- Built on your chosen property
- Built by builders you trust
When you imagine your dream home, what do you see? Can you envision every nook and cranny? If so, you may want to consider building your dream home with our custom home builders. We can build a home that meets your family’s specific needs. Whether you’ve always wanted a spacious master bedroom, a large walk-in closet, or even a secret study behind a bookcase, our custom home contractors can make your dreams come true.
Another great benefit of building a custom home is that you get to choose the property you build it on. Whether you’re looking for lots of acreage or for a small plot in a desirable part of town, you can buy the right land for your custom home.
Additionally, building a custom home means you get to know the builders themselves. Our custom home contractors are experts who have built many homes in Grand Rapids, MI. You can rest assured that our team will do everything by the book and will make sure your new home is safe, functional, and beautiful.
- Takes time to build
- May be more expensive
According to a survey by the, it takes on average about 9 months from getting a building permit to completing a new home in Michigan. For some people, that can feel like no time at all; for others, it can feel like an eternity. Every house is different, and depending on how big and complex your design is, your custom home may require more or less time than average.
One of people’s biggest fears when building a custom home is that it will be too expensive. Although you may spend more to get a custom floor plan than to buy an existing home, keep in mind that you are responsible for setting your. Our custom contractors will do everything within their power to build your custom home on time and on budget.
Also, remember to factor remodeling and renovation costs into your budget for buying a home before comparing it to your budget for building one. In some cases, building a custom home may cost less than buying an existing one and remodeling it to fit your needs or fixing existing structural problems.
Remodeling Your Current Home
- Keep your current home
- Less expensive
Remodeling is a great option if you want to fix a problem or upgrade a specific area but stay in your current home. With a remodel, you can truly feel like you’re living in a brand new home without having to uproot your family.
Also, if you want to enjoy a newly designed space, then remodeling is the best bang for your buck. A kitchen remodel or bathroom remodel is far less expensive than buying a new house or building a custom home.
- Fixed floor plan
- Same location
- Living in a construction zone
Like with buying a new house, a remodel limits your options with a fixed floor plan. Also, you’ll be investing in your current property and location, which may limit the kinds of home additions you can do.
The biggest disadvantage of doing a remodel is having to live in a construction zone. Although some families can afford to live in a hotel for a few weeks, many families have to section off the construction area and figure out how to make do with a makeshift kitchen or a single bathroom. The upside is that this is only temporary, and soon, you’ll have the kitchen, bathroom, or home addition you’ve always wanted without having to leave your home behind.
Get Your Dream Home with Schultz Builders
Whether you decide to buy, build, or remodel, our Grand Rapids, MI, custom home contractors can help you get the home of your dreams. Call Schultz Builders today at (616) 291-2646, or contact us online for a free consultation.