Building new vs. buying established
Why building still beats buying an established home
If you’re looking to move, you may be going around in circles deciding whether to build a new home, or cling to the hope you’ll find an established one that fits the bill.
The build vs buy decision is not always an easy one. The right house, the wrong location. The right location, house too small. Or too expensive. The right price, but the wrong location. And around and around you go.
Focusing on your priorities can often help clarify what’s best for you.
Here are a few things you might want to consider when you’re weighing up the pros and cons of building vs buying established.
Designed with you, for you
Building is an opportunity to design a home that works for you, with all the accommodation you need, plus the features that suit your lifestyle. Today, more than ever, our home is place of teaching, working, learning, entertaining and cocooning together as a family. It can be much harder to find that perfect ready-built house. One that has all the character, space and ‘certain something’ you’re looking for. What might you have to compromise on? What might need to change? And at what cost? Build, on the other hand, and your new home is likely to be perfect from day one.
Choose your style
Farmhouse, Hamptons, Contemporary or Coastal? It’s far easier, and often more cost-effective, to put your stamp on a new home than it is to modify an existing one. Rather than having to erase someone else’s style, you can factor in those special style touches from the moment you sit down with your designer.
Modern energy savings
Newly-built homes are typically more energy and water efficient than older ones and that can mean big savings on your utility bills. With a new home, the higher-than-average ratings for everything from taps and showers, to lighting and glazing, can bring welcome insurance against escalating power and water bills.
The fees are far less
It’s hard to argue with the figures. When you factor in fees such as stamp duty, there are some real savings to be made if you build rather than buy established.
Less maintenance, more leisure time
You can never be totally sure what you’re getting when you buy an established home. Maintenance and renovation costs can soon add up, not to mention how upkeep and improvements can eat into your leisure time. Building brings you peace of mind, knowing your new home is backed by a 12-month service maintenance warranty, 25-year structural warranty and fixed price contracts.
On sell value of your home
If years down the track you decide to sell your home, you want to be assured you’re getting premium offers for it. We have received feedback from real estate agents saying their clients have been able to receive higher end offers on their home because it was a Dale Alcock built home. The quality and trustworthiness of our builds is backed by recent market research which stated Dale Alcock Homes is recognised as a trusted and quality home builder*.
Finance structured to suit
Construction loans are specially designed to help you build. Because the funds are released in stages, you’re only paying for the work that has been completed. What’s more you only pay interest on your construction loan until the build is complete. Lower repayments during the build could mean more money to help cover rent while you build or add some special finishing touches to your new home.
Locations both new and established
Building a new home on a great block in a sought-after location can be a great investment. Master planned communities offer a range of lifestyle choices, located close to schools, shops, parks and places of work, entertainment and leisure. Building is a great opportunity to grow with a new community. Or maybe you already love where you live in an established suburb, but your home is past its use-by date? Knocking down the old makes way for a new home designed just the way you want it.
With WA construction costs among the cheapest in Australia, now is a great time to find out more about our current offers
*Painted Dog Research 2022-2023
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Find the home design for you
We have over 50 single storey and two storey home designs to choose from.