5 Benefits of Buying Land and Building a Home

Have you been scouring the market searching for the perfect home, only to be disappointed time and again? Have you thought about building? There are many benefits of buying land and building a home. You may not realize it, but many real estate agents also handle multiple listings of vacant property for sale. If you are having difficulty finding the right house, ask them to see the land available. It could be a pleasant surprise that there are lots available in the area you desire. Here are 5 benefits of buying land and building a home that you should consider.

1.You Get Exactly What You WantBuying Land and Building a Home

You can design and build the home of your dreams; you won’t have to spend exorbitant funds redoing an older home. Depending on the regulatory environment in your area, you may have the freedom to build whatever design you imagine. Plus, you can customize the interior how you see fit or desire.

2. Energy Efficiency That Saves You Annually

When buying land and building a home, you must adhere to current building codes. That means your home must meet certain standards for energy efficiency, especially regarding your HVAC system. Not only is it good for the environment, but it is also good for the wallet. New systems run more efficiently. Therefore, you will see annual energy bill savings. Also, you can fill your home with Energy Star efficient appliances, which save you further.

3. A New Home is Healthier

New homes are not filled with the toxic materials found in older homes. You won’t have to worry about things such as asbestos, lead paint, mold, etc. And, you can use sustainable materials that are environmentally friendly and will not leach chemicals in the future. You can also choose from a wide variety of non-toxic and hypoallergenic building products.

4. Everything is New

Another advantage of buying land and building a home is that you and your family are the first to use everything. There is a particular emotional attachment to choosing everything in your home from lighting fixtures to door knobs or paint color. You all have the ability to create this brand new expression of who you are and what you represent.

5. Better to Recoup Your Investment

While it may seem like the upfront costs of buying land and building a home can be higher, you could experience a greater ROI, making it easier to recoup your investment. A newer home is typically more appealing to buyers, so you stand to reap significant profits should you resell. In addition, new homes require fewer costly repairs and less maintenance. Plus, you will have a home warranty that will cover many big ticket items should they need to be replaced.

If you need assistance figuring out the process of buying land and building a home, contact J.J. Fegan. We have plenty of excellent lots for sale. In addition, we have many contacts throughout the Edgewater and Annapolis area and beyond. We can help recommend everyone you need from architects to contractors. Schedule a consultation. You’ll be so glad you did!



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