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Ad #: 570259

The Foremost Financial and Practical Advantages of Custom-Built New Homes

Viewed: 19 time(s)

Posted: 9/4/2024
Updated:
Expires: 3/5/2025

Oceania : Australia > sydney
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Amelia Blunt

   

Your house is the culmination of your efforts, and over time, it can transform into an expression of your artistic individualism. However, there is a problem. What was sufficient yesterday may not be suitable for your family's needs tomorrow. Did you start your family life in a two-bedroom apartment located in a central area of Perth? Do you want to continue the upward trajectory of your household by moving to a new place in Sydney or Melbourne? In such a case, you will have to make a choice.

Do you not have the financial means to become a property owner? If so, you could opt to rent out a unit for an indefinite period. Do you need more stability? In such a case, the best thing you can do is navigate the real estate market of the city where you want to move. However, this can be challenging as the housing prices in major Australian metropolises are continuously growing. So, for most Aussie families, the listed value of market-available homes or units has become impossible. There is, however, another option, namely, turning to custom home builders in Sydney.

What’s Unique About Custom-Built New Homes?


Dwellings constructed by custom home builders in Sydney can be an expression of your artistic flair and allow you to personalise your living space in any way you see fit. The houses listed on the Australian real estate market are constructed by people who perhaps have a creative sense similar to yours. However, it will not be identical. With a custom-built property, you can personalise everything, from the layout of the backyard to the configurations of the rooms, the materials used for the exterior decorations, and even the furniture or the hues of the walls.

Plus, since you will have access to only the finest construction materials on the market, custom-built new homes can be significantly more thermally efficient than the ones available in the real estate space. Sure, those materials will not come cheap, and designing a thermally efficient property will be a significant challenge. However, after a couple of years, the energy savings will transform your initial investment into a financially intelligent move. Not least, you should also keep in mind the control you’ll have over the quality of construction.

Did you find a market-available property that is listed at a favourable price? That’s great. However, unless you do a thorough inspection, you cannot be sure if the house doesn’t suffer from hidden damage or poor craftsmanship that will require a small fortune to fix. In fact, according to a government study that took place in 2023, no less than 53% of all units registered in NSW between 2016 and 2022 have at least one significant building defect. Tailor-designed properties are safer from this point of view, as you will control everything, from the materials used in the construction phase to the choice of the property's location.

What About Granny Flats?


The expertise of custom home builders can be used not only for the design and construction of primary dwellings but also for ADUs. Do you not have the funds necessary to invest in the construction of a new property? Do you need additional space and want to help the growing number of Aussies who are in need of affordable housing? In that case, granny flats could be an option to consider. Last year, in Australia, 163,000 house construction projects were started, which might seem like a lot at first glance. Yet, it is a figure far below the 240,000 dwellings necessary to meet the Aussie government's target of 1.2 million houses built by 2028.

Our country is facing a real estate crisis, and the prices of the homes listed on the market have become unrealistic for the majority of young families looking for long-term living arrangements. Therefore, granny flats are at their all-time popularity height. ADUs are versatile constructions that can add a minimum of 25% to the market value of your primary dwelling. Plus, they can be utilised as storage for your items, host your friends and family, and, not least, be rented out for a predictable and constant revenue. They are easy to build, their costs are significantly lower than those associated with conventional dwellings, and the approval process for their construction, at least in Sydney, is simplified.

Do You Need the Services of Custom Home Constructors?




In almost all cases, the answer to this question will be a resounding yes. You are probably familiar with the construction process of conventional properties, and you have a general idea of the paperwork required to start building your future home. However, even in the best-case scenario, your expertise will be limited. Specialist home constructors benefit from the knowledge and experience necessary to handle your case and set your plans into motion.

Specialised builders are up-to-date with the latest construction techniques used in Australia, have access to quality and cost-effective construction materials, and, most importantly, know in detail the process of applying for a building permit. Custom home constructors are the people to call if you’re interested in custom-built new homes. They will possess the ability to customise the design of your home in tune with your artistic flair, design a floor plan that will maximise the usable space of your lot, and, most importantly, tell you if your ideas are achievable with the budget you have at your disposal.

A Long-Term Investment


Custom-built new homes represent a significant investment that will require a substantial financial effort, something which is not within the reach of every family. However, if cost-efficiency and quality are your priorities, then you can’t do better than with a custom-constructed dwelling. The specialists you turn to will work with quality construction materials and leverage them to put your creative vision into motion. Plus, properties built by custom home builders are usually cheaper than those available on the market, and the returns you can expect if you decide to sell will be substantial.

Constructing a building is a complicated process, whether you want to expand your property with the help of an ADU or you are looking to build custom-built new homes on a parcelled lot. Specialist home constructors are up-to-date with the local building codes and zoning laws; they will manage everything from the design process of your dwelling to the actual construction process and will help you focus on the requirements of your family. Sure, investing in tailored-designed properties will not be exactly cheap. A two-bedroom ADU could cost anywhere from $120,000 to $200,000, while a custom-built dwelling might require a monetary commitment that will surpass $1 million. However, in the long term, investment in them could end up representing one of your wisest financial moves.


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