What Are Some Good Reasons To Build Your Own House?

modern house with sky
Table of Contents
    Add a header to begin generating the table of contents

    You get whatever you want, just the way you want it, and that's it. There are others who believe the discussion should end there, but perhaps you need more than that.

    If you are in the market for a new home but are having trouble deciding between building custom or personalising a production home (also known as "Semi-Custom"), we have compiled a list of ten reasons why you might want to consider building a truly custom home instead of a semi-custom or production home. If any of these reasons sound appealing to you, continue reading.

    There are a lot of people who would rather construct their own houses than buy one that is already on the market. In spite of the fact that the idea of constructing as opposed to purchasing may first appear to be intimidating, particularly when deciding on a contractor, purchasing a place, and selecting a design, constructing has numerous advantages that you may not have considered. Let's have a look at some of the positive aspects associated with constructing your own house. See our list of available builder services melbourne to help you make an informed decision for your treatment.

    Reasons To Build Your Own Home

    A Future-Proof Home

    There are other interpretations of the term "future-proofing," but in this context, we are referring primarily to family planning. The desire to relocate because of a growing family is one of the most prevalent factors that compels people to uproot their lives, sell their current home, and purchase a new one.

    A bespoke house gives you the ability to build a living environment that meets your requirements right now while also taking into consideration the challenges and opportunities that lie ahead for you in the future.

    Lower Monthly Energy Bills

    Some people find success in purchasing an existing home, but retrofitting older homes with contemporary, updated fixtures that are energy efficient can quickly become quite expensive.

    A buyer of a brand-new home should always anticipate receiving fixtures that are efficient in terms of energy use. With that being said, a custom-built home presents an even better opportunity to fine-tune its energy efficiency and significantly cut down on the amount of money it costs each month for electricity.

    Flex Space For Family Life

    The majority of younger families have come to demand open, well-lit flex rooms that organically bridge the gap between the kitchen, dining area, and rest areas. The floor plan of a custom house gives you the ability to make your living space more welcoming to your whole family while still preserving your own space in key areas.

    A Floor Plan That Fits Your Lifestyle

    What's life without friends?

    It can have an effect on the quality of life of a homeowner if they are able to host guests in a comfortable manner. Building a home to your exact specifications provides you with the ideal opportunity to highlight your skills as a host. For instance, you could construct a bespoke patio that draws attention to an existing barbeque pit or an in-ground pool. Transform a regular living room into a great room or construct a kitchen that is big enough to accommodate the complete extended family so that everyone can cook in comfort.

    Self-Expression In The Details

    Think about every place you've lived.

    When was the last time you had any input over the design of your own home? The opportunity to choose by hand details such as doorknobs, light fixtures, or appliances for the kitchen? Homes that are built to order allow their owners to express themselves in a unique way. This is your opportunity to design a unified living experience that is wholly and completely representative of you.

    The Latest Technology, Built Right In

    3d rendering large modern contemporary house wood concrete

    Integrated home technology is one of the elements of contemporary home design that is undergoing the most rapid transformation, along with open floor designs. If you are building a custom home, you have the option of including high-tech features like smart appliances, multi-room audio systems, and home automation right from the start.

    Built Where You Want It

    You have the option to choose where you want to build before you even begin to think about great room designs or roofing materials, and there is a lot of power in that choice. Before you even begin to think about great room designs or roofing materials.

    If you want to start a family, you should consider constructing your home in an area with good schools or near your extended family and friends.

    In addition to this, if you work with the correct home builder, you will be able to construct your house such that it blends in seamlessly with the natural topography of your land. Who's interested in a walkout basement?

    Lower Maintenance Costs

    Purchasing an existing property can give the impression of being a gamble, particularly because of the unanticipated maintenance issues that may arise a few months or years after the sale has been finalised and all the paperwork has been signed.

    And while though this is something that should go without saying, it is important to emphasise that everything in a custom home is brand new. The majority of building supplies, appliances, and home furnishings come with warranties that are directly provided by the manufacturers. Therefore, not only do you not have to be concerned about performing routine maintenance, but also if something fails, it is highly possible that you will be able to replace it for a cost of very little or even nothing at all.

    Opportunity To Choose Your Builder

    Custom home building is all about choices, and that goes for who you decide to work with.

    When you put your future in the hands of a homebuilder, you get the chance to select the very best option for your situation. Choosing a business that will only work with the best materials and artisans increases the likelihood that you will end up with a home that exceeds your expectations and maintains its value for years to come, in the event that you will need to sell it at some point in the future. Considering a new project? Then MJS Construction Group builders Melbourne is the answer.

    You Get More For Your Money

    When purchasing a home off the shelf or through a broker, expect to pay a premium for the privilege. When compared to the price of an existing home, the typical cost of building one's own home is approximately 25 percent lower. Therefore, adding those two extra bedrooms might not be as out of reach as you once thought. If you are astute when it comes to planning, purchasing, and constructing, you can save a significant amount of money.

    It's Good For The Soul

    Why, other saving money, would you construct your own house if you don't need to? Obviously, it takes time, and it isn't always the most convenient thing to do. On the other hand, there is a significant advantage that every do-it-yourself builder relishes in. The experience of creating your own home from the ground up is unparalleled.

    You not only take care of your family by providing for them, but you also play a role in designing the home that they all love to spend time in. Therefore, if you want to accomplish something truly remarkable, why not give it a shot?

    You Will Learn A Lot About The Building Process

    Buy an existing home, and you can live in it for years without ever understanding how it works. You might know some rudimentary plumbing or how electric circuits work. But do you know what makes it tick or how it was constructed?

    If you ever wanted to know more about the building process, build your own – it's as simple as that. You will have a newfound respect for the construction trade, and you will also know exactly how all the inner workings of your home connect.

    You're Adding Something To Your Community

    The construction of a home will have an effect on the community in which it is located. We are aware that this is not always a positive development, but we have faith that your refined tastes will guide you in this matter. You are going to make something that not only your family but also many other families in the future will appreciate and enjoy. Building a house in a desirable area is an excellent way to leave your mark on the world, which is something you might want to do if you've ever thought about it.

    There's Plenty Of Inspiration

    Are you struggling to come up with ideas and do you lack confidence in your ability to design and plan a home? The encouraging news is that there is a significant amount of assistance and inspiration available. To begin, it is recommended that you get in touch with a local architect who would gladly assist you with your plans. Next, head over to the internet and see what kind of information you can unearth there. You could uncover some wonderful ideas to inspire you and comprehensive assistance with the construction of the thing. You can even browse at our online magazine, which features some amazing homes that the owners constructed themselves. Make a mental note of the things that appeal to you, and then see what you can create with that information!

    You Can Meet Your Exact Needs

    One of the primary advantages of designing your own home is, of course, the ability to tailor it specifically to your preferences and requirements. When we move into an existing house, there are bound to be certain aspects of it that we don't care for, as is common knowledge. There is no disputing that it can be quite annoying to have a little nook here or there, or an uncomfortable corner over there. If you plan and build your own house, you won't have to worry about any complications. If you hire an architect, they will assist you in creating the home of your dreams, which will be as close to flawless as you would allow it to be.

    Are you sick and tired of watching your house fall apart around your ears? Then you should construct one yourself, and be sure you utilise the highest-quality materials you can find. When you buy a house, you have no control over whether or not it has been subjected to bad building work or fast fixes, which affects many people. When you make anything yourself, things turn out very differently. You have the ability to ensure that your builders use the highest-quality materials and to keep a close eye on their progression as well as the quality of their work.

    You Can Boost Your Local Economy

    Developing a piece of real estate requires an investment of time as well as commitment and effort. In addition to this, you will require a significant amount of assistance in order to finish the project. People in the community, including builders and craftsmen, will spend a significant amount of time working on your house; as a result, more people will have jobs, be able to work, and make money.

    But despite the fact that you would prefer not to pay anything at all, there is still a degree of social obligation involved in this situation.

    No More Mortgage

    Do you wish to be free of your mortgage for the rest of your life? Then you might consider putting your money towards building a new house rather than purchasing an existing one. You should be prepared to spend a significant amount of money on this endeavour. However, in many instances, it is the only method to support the dream that you have.

    Regrettably, financial institutions like banks and lenders are typically reticent when it comes to providing mortgages and house loans for fresh new properties. However, you should look at this in a positive light, particularly if you do not have any previous experience. Building something of worth that has the potential to provide an excellent return in the future is an excellent way to put your funds to work.

    Earlier Retirement

    It should come as no surprise that many of us will continue to work well into our retirement years due to the enormous expenditures associated with home loan repayments. But what if you didn't have to worry about such expenses? If you do not have to worry about making costly monthly payments, you will have more flexibility to take it easy at work. You might not be able to press the button that says "retire" just yet, but you can certainly enjoy a better balance between your career and your personal life.

    You Can Build Your Home To Your Specification

    You can create your own home to your exact specifications, in contrast to purchasing a home that has already been completed, and the only thing that is holding you back is your money. Raise your hand if you've been searching to buy a house, but there's something missing: the garden is too tiny, there is no utilities, you want skylight windows in the kitchen, and the list goes on and on, but we have all been there.

    Building Your Own Home Could Solve These Issues

    You don't need to do it all yourself.

    People have the misconception that they have to undertake the majority of the work themselves while building their own home. This simply isn't the case at all. You can take care of ninety-nine percent of the job by collaborating with a local building contractor. It is necessary for you to locate a reliable building builder and confer with them regarding your ideas.

    It's More Expensive To Add Additions To An Existing Property.

    You are looking into the possibility of purchasing a ready-built home, but you intend to make considerable alterations to the property, such as installing underfloor heating, right?

    It will be far more cost-effective to implement these ideas during the design process of a bespoke new build property because you will not be altering the structure of the building. These are all fantastic ideas that will make your new home better and even add value to the property. Instead, you are in charge of designing it to your particular specifications.

    Cheaper Than Market Value

    beautiful view residential building (2)

    Building your own house is a lot more cost-effective than purchasing one that has already been constructed, which is another reason to do it. When you build your new home to match your requirements and tastes, you can save an average of thirty percent on the market value of the property, which is amazing. In addition to this, you will practically be able to construct a home that is larger than those that are currently available on the market.

    Increase Your Profits

    We saved this one for last because the vast majority of individuals who create homestays intend to remain there permanently; after all, why wouldn't you? It is made specifically to meet your requirements and cater to your inclinations. If you did decide to sell the property at some point in the future, you would likely see a return on your investment that was somewhere around 25 percent.

    We are a building contractor situated in Hastings, and if you are thinking of constructing your own home, we would be happy to talk with you about the various possibilities available to you.

    Your Home, Your Way

    When you create your own house, you get to choose the design, dimensions, features, and conveniences that are an exact reflection of your way of life, personality, and requirements. You have the power to choose the home in which you will make your permanent residence, down to the choice of building materials, colour palette, and floor design.

    Because pre-designed designs can also be modified to more precisely fit your requirements, the process of constructing your own home may be far less difficult than you initially anticipated. If you're looking for a high-quality, affordable builder in Melbourne, you're in the right place! Check MJS Construction Group!

    Time Better Spent

    There will be no more drawn-out weekends and sleepless nights spent remodelling and reworking another house.

    When you build your own house, you can rest assured that everything will be handled by trained experts. It frees up your time so that you can focus on other pursuits while you wait for the construction of your ideal home. It will take you a lot less time to keep up with the latest developments in a house-building project than to try to do everything yourself.

    Designed For The Future

    We are all interested in incorporating various aspects of modern technology into our daily lives.

    Why not incorporate modern conveniences like sound systems, security, and smart homes into your new home design, considering the advances in residential technology that have occurred recently? If you are trying to retrofit an older home with contemporary technology, it can be a very expensive endeavour. However, if you build your own home, you may develop it with these options from the beginning, which can save you a significant amount of money.

    From The Ground Up

    It's possible that an older home is hiding a whole host of problems that you were unaware of, problems that could end up costing you a small fortune and giving you a lot of headaches as you try to figure out what's causing them. You will have a better grasp of your home and will be able to more readily diagnose any problems that may occur in the future if you purchase a new home since you will be able to see how everything has been built and created from the very beginning.

    Easy Living

    When it comes to repairs and maintenance, a new home requires very little attention. You can be assured that your property will be simple to maintain and trouble-free to live in if you get roofing, siding, and exterior trims that come with extended warranties. Your brand-new house will have a longer lifespan and be more resilient than older homes since many contemporary materials have been engineered to be more long-lasting than their more traditional equivalents.

    When it comes to repairs and maintenance, a new home requires very little attention. You can be assured that your property will be simple to maintain and trouble-free to live in if you get roofing, siding, and exterior trims that come with extended warranties. Your brand-new house will have a longer lifespan and be more resilient than older homes since many contemporary materials have been engineered to be more long-lasting than their more traditional equivalents.

    Conclusion

    If you were on the fence about building your own home before reading this post, hopefully you now have a few more compelling reasons to go ahead and build. Building your own home might be an excellent approach to realise your ambitions of owning the house of your desires while at the same time reducing your long-term financial outlay.

    Not to mention the fact that it can be a profitable and enjoyable experience! If you require assistance in getting started, our team is here to guide you through the process at every stage. What exactly are you looking forwards to? Get started right away on the floor plan for your ideal home!

    Frequently Asked Questions About Building House

    1. Select a good block of land to build on. ...
    2. Build in less populated areas. ...
    3. Build only what you need and keep the layout simple. ...
    4. Consider going for prefabricated options. ...
    5. Opt for basic finishes and fittings.

    Usually, 20% of the full value of the house is a good amount to aim for as a deposit. You can still get a loan if you have a smaller deposit, but you may need to take out Lenders Mortgage Insurance (LMI) which adds an additional cost to your loan. It'll also take longer to pay off.

    The average cost to build a 4 bedroom house is $1,900 m2 to $3,900+ m2, depending on the level of finish, materials and labour. Builders and architects often use a per square metre (m2) figure to cost a project, including a 4 bedroom house like yours.

    All costs include stamp duty. The cost of building includes land purchase, and assumes a first home owner concession on stamp duty where applicable. According to our figures, Perth is the only major Australian city where buying could be cheaper than building.

    According to the Urban Development Institute of Australia's (UDIA) 2021 State of the Land report, Sydney's median lot price in 2020 was $495,000, or approximately $1,285 per sqm. The cost of building in NSW can then vary between $1,780 per sqm for an average low-cost build and up to $5,100 for a typical premium build.
    Google Rating
    5.0
    Based on 24 reviews
    Scroll to Top