For
many people, home ownership remains a primary goal. Many flock to
real estate listings in search of the hottest properties on the
market while others prefer to deal with home builders who can
construct their dream homes from scratch. Those that fall under the
latter category would have to purchase a house and land package to
realize their dreams.
Despite
the heftier price, a house and land package is easily the best option
in the long run. This is due to a number of reasons. First, a house
built from scratch typically has all-new fittings. Among other
things, a new house can come equipped with the latest
energy-efficient technologies that enable significant cost savings—as
opposed to an older home that may have less stellar fittings and
fixtures in place.
Second,
a house and land package allows the buyer to build a home that
directly caters to one’s wants and needs. By contrast, buying a
pre-existing property may entail expensive upgrades and renovations
down the line to make way for various structural and design
modifications. Third, new houses are typically built in new
neighbourhoods, thereby giving aspiring home owners a better chance
to integrate themselves into a growing community.
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