Custom Building or Buying an Existing home?
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Custom Home Building Vs Buying an Existing Home on the Central Coast
Home Building vs Buying on the Central Coast can be a tough decision. The Central Coast is one of the most popular regions on the NSW East Coast and for good reason. Stunning beaches, laid-back lifestyle and close proximity to Sydney and Newcastle. This makes competition for housing extremely high. Land values on the Central Coast have increased overall by a massive 43.3% in 12 months to July 1, 2021.
More flexible working arrangements during the pandemic made the Central Coast an extremely appealing location to move to. This helps to drive up housing prices as well. Saying that, our prices on the Coast are still much more affordable than Sydney.
Home Building vs Buying Which is right for you?
When it comes to finding your dream home on the Central Coast, there are two main options to choose from, custom home building or buying an existing home. Each option has its pros and cons, and it’s important to weigh them carefully before making a decision. With the help and expertise of local builders like Beach Breeze Building, that decision can be a little less tough to make. Beach Breeze as the name suggests, makes building your dream custom home on the Central Coast a “breeze”.
So the decision, is home building vs buying on the Central Coast. What is right for you?
Custom Home Building: The Benefits to Building on the Central Coast
One of the biggest benefits of custom home building is the ability to design a home that fits your specific needs and preferences that works with your budget. With the help of a custom home builder like Beach Breeze Building, you can work closely with a team of building experts to create a home that perfectly suits your lifestyle. This includes everything from the layout of the rooms to the type of materials used in construction, to the overall finishes.
Another benefit of custom home building is that you have control over the quality of the materials and workmanship. With an existing home, you may encounter issues with outdated systems or hidden problems that weren’t disclosed during the buying process. With a custom home, you can rest assured that the materials and construction techniques are of the highest quality. You won’t have to worry about wear and tear from a previously lived in home and you will save money on repairs and maintenance in the first few years. This means that all you have to do is relax and enjoy your beautiful new custom home and the stunning Central Coast.
Custom home building allows you to incorporate sustainable and energy-efficient features into your home. With the environment being such a big factor these days, building a home that not only helps reduce your carbon footprint but can also save you money on energy bills in the long run. It is a win win!
Building your own home doesn’t have to be hard. With Beach Breeze Building we do everything for you, except pick your fittings, fixtures and finishes. We like you to be involved so your brand-new home really does reflect your taste and style. We support you the entire way and with a simple building process that has worked for many years.
Buying an Existing Home: The Benefits
On the other hand, buying an existing home can be a faster and more cost-effective option than building a custom home. You can typically move into an existing home sooner than a custom-built home, and you may be able to negotiate a lower purchase price if the home needs some upgrades or repairs.
Buying an existing home allows you to see exactly what you’re getting before you make a purchase. With a custom-built home, you’ll be relying on plans and drawings to visualise the finished product, which can be difficult for some people. The use of 3D rendering has certainly made the process of showcasing designs much easier though.
Is it cheaper to build a house or buy a house on the Central Coast?
When it comes to owning a home on the Central Coast, the decision to build or buy can be a challenging one. Both options have their pros and cons, and the choice will depend on several factors, including your budget, location, and personal preferences. We believe that building a home, while it may not be the cheapest option, is something that will bring you a sense of accomplish and joy for years to come.
Building a House on the Central Coast
Building a new home on the Central Coast can be an excellent option if you have specific needs or preferences that are not met by existing homes. With a custom-built home, as discussed, you have complete control over the design, layout, and features, ensuring that you get the home of your dreams.
Building a house in Australia can be an expensive and time-consuming process. The costs associated with building a new home include land acquisition, design fees, permits, construction costs, and landscaping. Depending on the size and complexity of the project, the total cost can range from $350,000 to over well over $1 million.
Deciding to build a house in Australia requires significant time and effort. The process typically takes between 6 to 12 months or longer, depending on the size and complexity of the project, but can take longer based on council approval times. Here at Beach Breeze Building, we strive to make the building process as simple and as easy as possible. We essentially hold your hand throughout thr entire process. So while it can be stressful and overwhelming. It doesn’t have to be with Beach Breeze Building.
Buying a House on the Central Coast
Buying an existing home on the Central Coast can be a faster and more cost-effective option than building a new home. You can typically move into an existing home sooner than a new home, and the total cost is usually lower.
However, buying a house on the coast also has its challenges. The cost of an existing home will depend on several factors, including location, age, size, and condition. In some cases, you may need to make repairs or renovations to bring the home up to your standards, which can be an additional expense.
The Central Coast is a competitive market and a wonderful region to live, so pricing can be consistently higher than smaller more rural regions. There is high demand for Central Coast homes and that demand will drive prices right up.
Which Option is Cheaper?
The decision to build or buy a house on the Central Coast ultimately depends on your individual circumstances and budget. If you have specific needs or preferences that cannot be met by existing homes, building a new home may be the best option, despite the higher costs and longer timeframe.
On the other hand, if you’re looking for a faster and more cost-effective option, buying an existing home may be the better choice. While the total cost will depend on several factors, including location and condition, existing homes can be less expensive than new homes.
Both building and buying a house on the Central Coast have their advantages and disadvantages. The choice will depend on your budget, location, and personal preferences. Whether you choose to build or buy, it’s essential to work with professionals who can help guide you through the process and ensure that you get the best possible outcome. If you choose to build, working with professional builders such as Beach Breeze Building will ensure a smooth and hassle-free building process on the Central Coast.
The Expertise of Beach Breeze Building
Working with Central Coast Builders
If you’re leaning towards custom home building on the Central Coast, Beach Breeze Building is an excellent choice for your project. With years of experience building custom homes and luxury multi-dwellings, they have the knowledge and expertise to guide you through the entire process, from design to construction to final walkthroughs.
One of the things that sets Beach Breeze Building apart from other custom home builders is their commitment to using sustainable building practices. They specialize in incorporating green technologies into their homes, such as solar panels, rainwater collection systems, and energy-efficient appliances.
Whichever way you go, both custom home building and buying an existing home have their advantages and drawbacks. Ultimately, the decision will come down to your specific needs and preferences. However, if you’re looking for a truly personalized home that fits your unique lifestyle, Beach Breeze Building is an excellent choice for your custom home building needs on the Central Coast.
Luxury Building Services, Down to Earth Advice
Expect the Best for your Dream Home or renovation. We certainly do & are waiting to discuss your building visions with you.
Beach Breeze Building is a proud member HIA GreenSmart. HIA GreenSmart is a program offering up-to-date information on practical, affordable and durable environmental solutions for residential design and construction. As one of Australia’s first professional green building initiatives, the program offers a HIA accredited training course for builders and designers wanting to develop new skills and acquire green credentials.
Get in touch
Building a home is one of the most important and expensive things you will do in your life. We also understand that it can at times be very stressful. We are here to help. Our promise to you is that you’ll always have someone to talk to if you have any questions along the way. Feel free to ask as many questions as you want, as often as you need. We cover the entire Central Coast including Terrigal, Wamberal, Killcare, Avoca beach, Forresters Beach and Matcham.