When you’re buying a new home, you want it to be your perfect dream home. The problem is that when you are dealing with a house that has already been built, it may not be exactly to your standards or wants. 

This means that you have to make some tough decisions. Namely, should you buy a house that was just built, or buy something to fix up? It’s not an easy decision to make so you have to think about a few things before buying. In this article, we will go over several factors you should consider while house hunting. 

New construction has everything

When you see some land for sale Werribee, or wherever it is that you are looking to buy, you have a completely blank slate on which to create a masterpiece. You can use your wishlist to construct the house that has everything. All the modern conveniences and the exact style you are looking for. 

If you can dream it you can build it. Though, if you aren’t very creative when it comes to building design, you can often choose to have a prebuilt home done and still get some say in the design and style of the house. 

A newly constructed house will also be able to use the land and materials to be very efficient and use a lot less energy than an older home. For instance, you can position the house to make the most out of the sunlight in the winter so it can heat itself passively. And new materials keep the house cool in the summer and warm in the winter so you use less energy. 

Downsides to building from scratch

One of the biggest downsides to building a new home is the cost. Land alone can cost as much as a house in some areas. And then the costs of construction can be more than most people can afford. Not only that, but financing a new construction is also a bit tricky. You’ll need to have substantial savings to be able to pull it off. 

Finding land where you would actually want to live is another challenge. In areas near a city where you would likely be commuting to there is not much land available where you can build a home. Though with remote working being so prevalent now, and new developments popping up that offer something of a village, you can live further away from a metropolitan area and still enjoy modern conveniences. 

Buying a fixer upper

When you buy an old house to fix up, you have the second best thing to having a blank slate. You can strip the house down to the studs and essentially make it to your exact standards. 

You may already love the structure and just need to modernize it to where it can suit your needs. The downside is that the structure may not even be that good. And the materials are not as efficient as modern ones. 

You will save some money, but you will also have to compromise on many things so you never really get everything that you want with a fixer upper.