Tuesday, June 24, 2014

Are custom homes expensive?

Q:

Are custom homes expensive?

A:

Yes and no.

Yes custom homes are expensive, but they are only as expensive as you want them to be. With a custom home you get to choose everything in them, so your choices make the home the price that it ends up being.

No custom homes are not expensive, you get what you want in your custom home, and you also get a better quality of home. You get a home that will be more energy efficient, a home that will last longer before it needs repairs and a home that you can enjoy for a longer period of time before you need to renovate because it is the home that you designed and had built.

The extra cost of a custom home usually comes from the fact that it is basically a one of kind home, sub-division builders build what are called track homes. That means that they buy a large piece of property and they develop it on mass using volume buying to help discount the price of everything from the land to the lumber to the flooring in your home. This is a good thing for the final price but severely limits your options as a home owner that go in your home from the flooring to the kitchen cabinets. The size, shape and style of the home is extremely limited as well, you will be given a small selection of homes to build from and in the end your home will end up looking like half the houses on the street.

With a custom home you will be given a choice of whatever you want, no matter what the cost of the product or how difficult it is to install you will get the chance to have it in your home. All you have to do is pay for it. That endless possibility and the fact that you are only buying enough of that product to build one house ads cost to the home. One of the things that people tend to forget is that custom homes are worth more when you go to re-sell them later down the road. Custom homes hold their value because of the quality they are built with and the fact that they are different then every other house on the street.

So when thinking about having a home built, ask yourself if you really want to live in a home that looks like every other house on the street? Or do you want to live in a home that is entirely yours, a home customized to you. A home that over its life time and yours will need less repairs and maintenance.

Look into having a custom home built, it might be exactly what you are looking for.

Rob Abbott
Village Builders Inc.

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