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Existing Home vs Custom Home

Hello, summer! The weather is hot, and the housing market is too. Are you contemplating buying a house this season? Perhaps you are unsure of which is better, buying an existing home or buying a custom home. If that is the case for you, we can help. Since KCI Homes has experience with both types of homes, allow us to assist you by considering some pros and cons that come along with each one.

Character

Our homes end up being a huge outlet for us to express our tastes. You likely crave a space that is uniquely…well, you. Something you will not be able to get with a new custom home is one with rich history. Especially if you can find and afford a historic home, they tend to be loaded with a lot of character, from quirky floors to vintage archways. That is, if you can afford the upkeep of an older home.

Custom built homes, while not having the inherited intrigue of an older home, offer the owner the ability to truly make it how they want it. Hand picked fixtures, appliances, and floor plans give you the opportunity to make every detail unique to your tastes. A custom-built home is anything but cookie cutter.

Cost

We work hard for the money we have. Naturally, we want to get the most we can for as little as possible. Everyone loves a deal! Existing homes generally are cheaper than custom ones, so in the financial area, the choice seems like a no brainer. While you hope that the inspector caught everything, the reality is that sometimes you only notice the repairs that need to be made on a home after you are living in it. That simply comes along with homeownership. On the other hand, a custom-built home is brand new. Your roof, appliances, and paint job all have their whole lives ahead of them.

Once you have purchased an already existing home, many decide to make a few upgrades to things like the kitchen or flooring. Changes like these can really aid in making your new home just what you and your family need in terms of style and functionality. So, anticipating a little more in your budget for changes such as these could prove beneficial.

In contrast, a custom-built home may seem more expensive up front, but you are paying for everything to be just how you like it. That way, when you move in, no remodels or changes need to be made. Saving you time and money.

Privacy

Apartments have their benefits, but privacy is not one of them. When you own your own home, you do not have to endure stomping feet above you or loud music below you. Sometimes when on the hunt for a house, the location may be the most appealing part about it. Other times you may fall in love with a house despite its location.

With a custom-built home, you do not have to choose. If you desire a wooded lot or one on a hill for added privacy, you can have it. You can choose which direction your house faces in order to insure the most privacy as well. A custom home gives you the freedom to make seemingly small decisions that can make all the difference for you.

The final thing you may need to consider is your timetable. Clearly, whether you buy an existing home or a custom one, depends on your personal needs and preferences. If you are in the OKC area, though, contact us today. We can help you whichever way you decide to go. For examples of the work we do, why not head over to our Gallery page! Then fill out the online request form if you like what you see and want to see it in person!

By KCI Homes 7-9-2019