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SHOULD YOU CONSIDER BUYING NEW CONSTRUCTION?

Monday, July 10, 2023   /   by Ameil Gill

SHOULD YOU CONSIDER BUYING NEW CONSTRUCTION?

SHOULD YOU CONSIDER BUYING NEW CONSTRUCTION?


With shows like Fixer Upper and Flip or Flop, it’s easy to romanticize buying a home and renovating it to your liking. However, the reality is you work 40+ hours a week, don’t have a background in construction, and get nauseous at the thought of trying to get multiple bids for a full kitchen reno.


Move-in ready homes have been selling for top dollar, oftentimes with multiple offers (because, like you, most people don’t want to take on a renovation). So if you’ve been searching for the perfect place to call home, and haven’t found it — or have been outbid — it may be time to consider new construction!


For most people, building a home is a once-in-a-lifetime opportunity and can be really exciting! It can also be intimidating, especially if you’re not adequately prepared or don’t have the right team by your side.


If you’re considering building your dream home, here are some questions you should ask yourself before getting started.


-How soon would you like to move into a new home?


If you need to move into something rather quickly, new construction may not be the best option for you, as building a home can take anywhere from 6 months to 2 years.


Do you enjoy working on home projects and DIY?


If your answer is no, new construction may be a good fit. With everything brand new, all of your customizations chosen, and a builder warranty, you won’t need to do any fixing up or repairs for the foreseeable future.


Are you looking for something specific?


If your answer is yes, new construction may be a great option. You would be able to build something that fits your needs and wants. Depending on the builder you choose, the sky’s the limit!


Have questions about building or buying new? Send me a message — I’d love to share the different builders and projects in our area!

REMAX Realty One Inc. - The Gill Team
Ameil Gill
50 Burnhamthorpe Road West Sussex Centre Ste #102
Mississauga, ON L5B 3C2
416-884-1359

Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2024 Last Updated April 15, 2024
Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2024 Last Updated April 15, 2024
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