To Buy or to Build: The Great Dilemma

Buying vs Building a New Home

We all dream of building our own home, but it may be more headache than it is worth. Here are some considerations to keep in mind when choosing which option is better for you.

Need Another Job?

If you are looking for a second full-time job, managing the buildout of your own home is one. The catch is that you do not get paid. Finding the land, designing the home, managing construction, negotiating material costs- these are all full-time commitments, and unless you are retired, you are unlikely to have the time or energy to devote to the project.

Know-How

Because you spent that summer in college putting up drywall does not mean you know how to build a home. Despite what the DIY channels and websites tell you, setting a house foundation and building a structure in line with building and safety codes is best left to professionals.

Money

If you are sitting on a fortune and you need to spend it fast, building your own home may be the right decision for you. For those of us normal folks, building a home just is not in the budget. It is much cheaper to buy an existing home than to pay for construction. If you have had any experience in building, you know that the project will always cost more than you think.

Customized Living

The real benefit of building your own home is that you get exactly what you want. Existing structures are always limited in one way or another. Perhaps the kitchen is too small and cannot be expanded, or a beautiful four-bedroom home only has one bathroom. Whatever it is that you want, you can design it and build it.

For Title Insurance in Ohio

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