Building your own home is something that many of us often dream about. There is nothing quite like the thought that you will be living somewhere that you have had an input in quite literally from top to bottom. You can decide exactly what goes where and have a say in everything from the shape of your bedroom to the color of the screws that hold your mirror to the wall.
For many, building your own home can feel like something to aspire to, but that a lot of us won’t think we actually will do. The US and Australia are currently one of the better countries, statistically wise, for people that build their own homes, with about 40% of homes being self built. In Germany and France it is around 60% and the UK only sees about 10% of people build their own houses. A big factor in this is that people assume it will be much more expensive to build their own home than it would be to just buy one that has been put on the market.Yet it is more achievable than you think and can actually save you a good amount of money in the long run. If you are looking to build your own home instead of buy one, here are some reasons why it could be one of the best things you ever do…
It Is Designed Exactly to Your Taste
By having an input into every part of your home build, you know that it is made to your exact taste. If you buy somewhere that is already built, there are always likely to be things about it that you don’t like and would do differently. Your own house on the other hand, can have everything exactly where you want it and be built in the way you want. You can have it laid out in the way that you think makes most sense, decide on the size and layouts of the rooms and everything in between. Why not use a custom home builder to help you with designing your home?
It Could Save You Money
Building your own home could save you thousands of pounds in the long run. While this does depend on a few different factors, it is certainly something that could help you long term. Building your own home can be a large upfront cost, but you will not have to worry about things such as a mortgage. Also, if you were to buy a house in the area that you loved, but could only afford one that you needed to do up, it saves you all the costs on this renovation. You can find out the majority of the costs upfront and know you are investing in something for the future that you will own outright almost instantly. If you already own land, it is a great thing to do with it, rather than have it sit there essentially rendered useless. Being so involved in each step of the way means that you will also be able to keep an eye on how the process is going and know if there are any problems with the home or land. If you buy somewhere, it could be that the previous owners left out small details or problems that you won’t find out until further down the line and that costs you a lot to fix.
It Is a Real Achievement
There is nothing quite like the achievement of knowing you have played a big part in building your own home. The place that you live is the biggest decision you will ever make in your life, so knowing that you have made that happen is a real achievement and is likely to be one of the proudest moments in your life. While the process might be difficult and you are likely to come across a fair few teething problems along the way, it won’t last forever and you will be left with something that you can reap the benefits from for the rest of your life.
These are just a few reasons that it is a great idea to build your own home. Yes the upfront cost can be a lot, but you will have a long-term investment that is built exactly how you want it and that you can benefit from for the rest of your life. Whether you decide to live there full time or rent it out, you can make plenty of money from it over the years. Would you ever build your own house?