Building a house or buying it yourself?

More and more people are fulfilling the dream of owning their own home. The reasons are obvious. Nowhere else can they translate their ideas into individual living comfort and free development in this form. The children of young families grow up in a sheltered environment and in a natural environment. The own house is also the best retirement. His owners will never have to pay more when mortgage repayments have been completed.

Still, the road to your own home still needs to be well thought out, as it will certainly provide you with the biggest investment in your life. The possibilities that lead to your own home are manifold. Many switches to the optimal house can be made on time. The own financial conditions play a role, but also the degree of possible personal contribution. The manageable time to move into the new home is another criterion and not least helps the willingness to live on the construction site for a limited period of time. So what possibilities are there?

Building your own and realizing your own ideas

Builders who build their own house can bring their wishes and ideas into the planning as far as possible. You can freely decide on the number of rooms, a possible basement, a granny flat for the old people and many other things.
But this form of planning also carries a risk, because the future house is only on paper. Functional things like optimal walkways in the house or the future furnishing require a good imagination. For this reason, almost every new building is associated with small functional restrictions that were not thought through to the end during the planning phase.
The new building can be made in turnkey, solid construction or as a prefabricated house. Executing company is either a construction company or a property developer. In both variants, the builders can agree on their own services. However, these should only start when the work of the construction company has been completed and documented with a defect-free acceptance. This cut is important because it regulates all possible warranty issues.

Another form is the individual home construction in own contribution. The builders commission all the required trades and contribute to the cost savings with their high own contribution to their own contribution. In this way, many finishing works can be postponed to the time after completion. This saves construction time and shortens the time of the double housekeeping.

A new or young, ready-made off-the-peg house

The construction period means a great financial and mental burden for the builders. Unfortunately, many a dream bursts. The builders have taken over financially, it comes to the sale of the finished house or the professional situation changes. Real estate agents always have a certain portfolio of such houses that have never or only briefly been inhabited. Another option is foreclosures by the local courts.
Construction work is completed on such a house or only minor residual work is required. Builders who decide to buy such a house, save a long construction time and yet live in a new house. Their disadvantage is that a finished house never fully meets their own expectations. Therefore you must bring along a degree of willingness to compromise.

Buy and restore an old building

Builders who decide to take this step make a major contribution to preserving the urban structures in their future place of residence. However, they take a greater or lesser risk of uncertainty. Each old building hides unforeseen defects that cause additional costs.
On the other hand, the renovation of old buildings is often possible in connection with an immediate collection. The house will be gradually renovated, as the financial means are available.

Conclusion: Every way to your own home has advantages and disadvantages. The turnkey construction is the most comfortable and safest form. Experienced do-it-yourselfers can save a lot of money or organize their time with the self-construction or refurbishment.

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