Here's why you should build your next home...
A home is usually the single largest investment that a person makes in their lifetime. So why settle for anything less than one that is perfectly tailored to you. Here are some great reasons why we think you should build your next home:
A new build property is easier to get your hands on.
With homes flying off the market so quickly these days, competition to buy a home can be tough. When you build a home the competition factor decreases. This, coupled with lower deposit requirements than when you are purchasing an existing home means you could be holding the keys to your new home a lot faster than if you go down the ‘existing property’ route (despite the build time).
You could get up to $20,000 towards your deposit for free!
If you are first home buyers, you could qualify for a Kiwisaver Homestart Grant of up to $20,000 for a couple purchasing a home off the plans or land to build on. That is double the grant for an existing property. Who doesn’t love free money!
You get exactly what you want and need.
One of the biggest benefits of building a new home is being able to create a house that’s tailor-made for you and your family. Having a blank canvas means you can really think about your lifestyle and build a home that meets your needs. It allows you to focus on what is a priority to you, like perhaps a luxury claw foot bath, or maybe a walk-in wardrobe bigger than your bedroom, a beautiful custom kitchen, or a media room with all the latest in technology. And you can work with the designers to ensure that your personal style is stamped on everything from the moment you move in, so it will really feel like home. Be it an edgy contemporary style home, a country farmhouse, or even a replica villa; you can have whatever style is you. Unlike an older house, there’s no need to save and plan for renovation projects to make the space more comfortable or to feel more like ‘you’.
New = more comfortable
Strict building regulations mean that all new homes have a high standard of insulation and double glazing. They are also often wired and plumbed for heating and cooling systems and include eco-friendly appliances, and possibly even solar panels. All this makes for comfortable, healthy homes with lower utility bills to help you to save money in the long run.
Instant equity
Often, by the time the house is completed, the value of it is far greater than the cost of buying the land and paying for the build. And we are't just talking about a nominal amount; sometimes the house is worth $100,000 plus more than it cost.
So with all these benefits, why wouldn’t you build new. If you are considering building a new home get in touch with Movest (info@movest.co.nz) and they can point you in the direction of where to start.