Saturday, May 21, 2011

Should You Build A New Home Or Buy Older With Personality? By Bold ...

It?s your most important decision yet ? buying a home; but who knew just the thought would dredge up so many decisions?

Buyers on the market today have three main options: building from the ground-up, buy old, or focus on new homes. Your budget will likely have the biggest influence on your choice, followed by your homeowner goals and current availability in the market.

Here is a comparison of the options to help you narrow down your choices.

Buying New

If you are buying your first house, there is nothing quite like knowing that everything you do, change, or add will be all your own. New homes are untouched and fresh, which means they can be tailored to suit your individuality and you know exactly where all of the materials were sourced and how they can be obtained again if repairs arise. If you decide to make additions or alterations, new homes won?t hold many unpleasant surprises such as weak foundations, poor soil quality, or other damaged areas that were undiscovered during the initial inspection. Most of these modern dwellings are also far more eco-friendly with future modifications being just as easy to make. Buying new is also a great way to boost the economy, and you may find a great deal since many developments are still left empty.

Buying Old

The appeal of something with a bit of personality and character, or an engaging history, and potentially lower prices is a bit compelling. Some buildings, such as those that are of rare architecture or in certain areas, are better guaranteed to retain and continue building value over the years. Certain dwellings such as craftsman bungalows or ornate Victorian designs will always have a reliable niche market of interested buyers, while new homes may suffer from lack thereof. Sometimes it is the history that draws buyers into older residences. A famous person or historical figure may have lived there, or an important event may have taken place in the house. This may not add any intrinsic value to a house, but it can add to personal appeal. You?ll be more confined by current layout of the house and there may be more repairs necessary, so before you think you?ve found a great bargain, be sure to get a thorough inspection. You won?t save much if you have to shell out for a brand new roof in two years.

Building from the ground up?

For the very brave, new homes aren?t even fresh enough and there are those that prefer building from the ground up. Creating your own house can be a very rewarding, frustrating, and expensive experience. While people have many expectations regarding planning and building their own abodes, one thing is guaranteed: it will take a while. There are almost always setbacks and holdups during construction, so always add extra room in your timeline, not to mention the budget. Delays can add up as well as materials. Estimations of expenses are always rough, so plan accordingly. Building is a good option for those with a specific vision in mind or needs that traditional architecture can?t fulfill.

You have many options for your new home. Carefully consider these and other factors as you start down the path of home ownership.

About the Author: Millie Gil has been a successful Licensed Real Estate agent for over 25 years in Florida.? Millie is Vice President of Bold Real Estate Group, a boutique agency committed to concierge personalized service for discerning buyers, sellers and renters of residential and commercial properties.? For more information please forward your request to communityinfo@comcast.net

Servicing:? Port St. Lucie, Palm City, Jensen Beach, Stuart, Vero Beach,? Hutchinson Island, Fort Pierce,? Palm Beach, Jacksonville, Jacksonville Beach, Ponte Vedra Beach, Palm Coast, Neptune Beach, Amelia Island, Atlantic Beach, Fernandina Beach, Saint Johns, Saint Augustine, Daytona Beach, Fleming Island and New York real estate.

View thousands of listings? www.Northeast-Florida-Relocation.com,? www.BoldRealEstateGroup.com, ?www.NewYork-Florida-RealEstate.com, www.PGAVillage-Homes.com, www.TheCascadesAtStLucieWest.com, www.HealthcareRelocationServices.com

Tags: agente de bienes raices, Amelia Island, Atlantic Beach Real Estate, buying, Cascades St. Lucie West, Commercial Real Estate, Daytona Beach Real Estate, Fernandina Beach Florida, Fernandina Beach Real Estate, Flagler Beach Real Estate, Fleming Island Florida, hutchinson island, Jacksonville Beach Florida, Palm Coast Florida, Ponte Vedra Beach Florida, port st. lucie florida, St Lucie West

Source: http://boldrealestategroup.wordpress.com/2011/05/20/should-you-build-a-new-home-or-buy-older-with-personality-by-bold-real-estate-group/

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