Choosing a Custom-Designed Home Over Renovation

• (Photo : Choosing a Custom-Designed Home Over Renovation)

When you're in the process of buying a new home, you probably weigh out your options depending on factors like price and location. This doesn't mean that you aren't keeping a list of the top features you've been dreaming of including as part of your living space, but these are likely not the critical factors guiding your buying choices. 

The Folly of Renovation Plans 

You may currently consider renovations as something that people only decide to do after they have already been living in a home for a long time, but this is not always the case. Homebuyers often settle for a property that isn't quite what they want because they make plans to add these other features during later renovations. 

One problem with this plan is that these changes often get delayed due to factors like high costs and the undesirability of ongoing construction projects in the home. Sometimes these plans get dropped altogether once the owners realize they are no longer feasible. 

Evaluating Your Choices

If you've already spent years renovating homes, you might be able to make an old home gain enough value to pay off. However, when you follow this option, your new purchase isn't really an investment; instead, you'll risk creating a second full-time job. 

Again, considering the rising cost of building materials, equipment, extra labour, along with the potential for unforeseen building expenses, those who do decide to undertake new building projects might not even end up with a worthwhile gain.

Active Adult Living Communities

Instead of making drawn-out plans to make endless expensive renovations later on, why not consider living in one of the master planned adult lifestyle communities available in the Niagara region in lower Ontario. Such communities make an excellent option for empty-nester and retirees because they provide local access to recreation, quality home care services, excellent local health care, and a community of friendly neighbours.  

Custom Options in New Homes

When you work with a company that specializes in building custom homes, you won't have to worry about completing other renovations later on because your home will be move-in ready as soon as it is built. That's because you'll gain access to choices about how your home is built that you won't get when buying a completed or previously owned home. 

While companies that only offer predesigned layouts might appear to offer you initial value, the costs increase exponentially when you factor in the changes you plan to make later on. The fact is that whether you buy a used home or a new home that you plan to alter, a long-term renovation plan rarely yields a happy ending.

If you're considering moving into a new home for your golden years, why not choose a custom-built option that doesn't require additional construction plans or ongoing maintenance issues. Get in contact with a company that specializes in adult community living to find out more about the building locations currently available.