Buying vs building: consider your key priorities
Whether you are looking for a place to live or an investment property, every homebuyer faces one big decision: to purchase established or buy land and build a new home from scratch?
The decision will ultimately come down to your key priorities – location, budget, personal style, size and layout.
Other factors include energy efficiency, maintenance, how soon you can move in and what community services are available.
Lifestyle estate Springdale Beach, near Denmark in WA’s south west, is a small community that’s bursting with coastal country charm.
Considered the ideal place to make that sea change you’ve been dreaming of, or to build a relaxing holiday home, Springdale Beach promises to remain small and friendly with just 170 lots available.
According to Kelli Howell, Project Manager for Springdale Beach, many investors and experienced home buyers love the convenience of a complete house and land package, backed by the sophisticated building guidelines developed by LWP for Springdale Beach.
“The predominately sandy nature of the soil at Springdale Beach provides for cost efficient housing construction and we have several great house and land packages to suit a range of tastes and budgets,” she said.
“Underground power, scheme water and telephone service access are also included in the price of the homesite and our design guidelines ensure an attractive range of housing types and styles will be built to suit this unique and beautiful location.”
In addition, new homes are more likely to be built to a higher energy efficient standard, she added.
“The design guidelines also identify ways buyers can reduce the carbon footprint of their new home and save on running costs,” she said.
“Building new means you can consider solar passive orientation and building materials that assist with energy efficiency as well as PV panel systems, grey water systems and more.”
It also means you can select the cosmetic touches that will make you happy – from bathroom tiles and a kitchen splashback to roof tiles and bricks – instead of making do with a dated layout or someone else’s taste in benchtops.
While buying an established home can typically be quicker than building a new house, you might find that building takes less time than you think, particularly in communities with titled homesites.
Kelli said while some people found the thought of building a new home daunting, buyers often got a lot more value for money, with little to no maintenance for the first few years.
“There is generally less competition for that block of land you have your eye on and builders can build your home, along with many other peoples’ at the exact same time, meaning you typically get more bang for your buck,” she said.
“Likewise buying in early to a development often means to you gain the benefit of facilities and services as the development grows and the capital growth that goes with it.”
For more information about building and buying at Springdale Beach, contact Sales Manager Neil Want on 0411 694 999.