Real Estate Information Center

New homebuyers are often faced with the choice of purchasing a new home or an existing home. There are many factors that potential homebuyer should consider before making a decision. The following list compares owning new homes to owning existing homes:

Design and Layout: New homes tend to have extras such as larger rooms, more bathrooms, and bigger closets. There are usually additional options such as paint color, type of cabinets, flooring, custom wiring for TV’s, computers, phones, and more. Modern features like walk in closets and extra bathrooms are available when building a new home. In existing homes, you get the previous owners design and layout. Renovations and upgrades tend to be quite expensive. For those who enjoy heritage homes such as Victorian homes with their hardwood floors and high ceilings will prefer existing homes.

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So you’re thinking about building your own home…

It’s a great idea, because you can get a lot closer to what you really want when you build rather than buy. But there are some critical things to be aware of, in order to keep risks and surprises to a minimum, and end up getting the home you want. We’ve compiled this helpful guide from a number of industry sources and our own experience. We hope it gives you a good introduction.

1. How important is it to choose the right builder?

Your new home is going to be one of the most important investments you will ever make both financially and emotionally. You want to get the design and construction right so that it suits both your present and future needs and lifestyle. There are a lot of builders out there prepared to build you a house but which one is the right one? Which one will turn your dream into reality? Follow the steps in this information pack and you will be several steps closer to fulfilling your dream.

Continue reading ‘What You Need to Know When Building a New Home’ »

As the United States and the rest of the world dig out of the current recession the savvy person looking to build a new home can take advantage of building supply cost remaining steady, good deals on land, and excellent interest rates. But, make sure you do not waste time hoping interest rates will fall even more, because the federal government will most likely not be looking at reducing the rate for quite some time, and straight forwardly, the next time interest rates move, they will probably move up.

Due to the sharp increase in the price of lumber, building a house became much more expensive the last five years. The sharp increase seems to be over, and prices for all building supplies are leveling off. This means the person looking to use one of the many luxury dream home plans should be able to afford all of the necessary supplies to make his or her dream a reality.

Continue reading ‘Interest Rates Not Going to Go Lower – Build Your House Plans Now’ »