Build Or Buy? That Is The Question.

As you can guess, there is no right or wrong answer. Each option has its pros and cons. For instance, a new building will give you the floor plan you want, but it will take months to construct. If you buy an existing home, you might have to compromise on the floor plan, but you’ll get to move in right after you close! ​

In today’s market, a temptation is that building a new home can be just as affordable in the DeLand area than purchasing an existing home. As an example, Ridgewood Crossing and the Highlands in West DeLand contain 4 bedroom homes currently being built that are selling in the 200’s. 

So, what is the best option? Below are a few cases for building a home. 

• You get to start fresh as the first owner of the home. 
• New homes offer modern features and finishes.
• You can customize your home’s details to suit your lifestyle and tastes. 
• No need to worry about big repairs right away. If so, there is usually a warranty. 
• New homes often feature energy-efficient materials. 

Now, below is the case for buying an existing home. 

• You will like have less stress. 
• You might get neighborhood amenities like a pool. 
• You can negotiate price more. 
• You will like have mature landscaping and tress. 

As you can see, there is a lot to consider. If you are still undecided, consult an experienced real estate agent to help you with the process. Your agent will always know where the best deals are in context of your situation, and they will also know the details on new communities that are being developed. If you decide to go down the construction path, it is important to have a real estate agent on your side that will act as a liaison throughout the building process.  In most cases, it won’t cost you a thing, because their commission is included from the contractor or seller. 

For more information, one of our agents would be happy to sit down with you. Contact our office today.