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WHAT SHOULD I DO? BUILD, BUY OR RENOVATE?” HERE IS OUR ADVICE.

Do you feel like you might be outgrowing your home in Perth? Well, if that is the case, you have three options to consider for your next step forward.

Alas, to build, buy or renovate? Don’t worry, we understand that this decision might be weighing heavily on your mind, and we are here to guide you. Domination Homes have narrowed down the pros and cons for you so that you can make a thorough assessment of which route to take.

First Option: Building a brand-new home in Perth.

 

Pros 

It is always very exciting to make a new start and design your perfect home from the ground up. You get complete control over what you want, meaning that it will be completely unique in comparison with other homes of its type on the market. If this is the first home you are building, are you aware that there are various grants available, which can help reduce monthly mortgage payments while also giving assistance towards closing costs and down payment requirements?

 

We encourage you to do your research on what Perth home builders are doing at the moment. You can start your research with us here!

 

Cons

Building a home is an exciting milestone, but it can quickly become stressful when things don’t go according to plan. It’s important to have patience and prepare for the unexpected challenges that may come with building your own house. Things like weather delays or insufficient funds are just some of them! A Perth builder will usually give you their best estimate about how much everything will cost, but there are no guarantees in this process (which makes people understandably nervous). This is why it pays to collaborate with a luxury builder who has a firm rapport with their suppliers, ensuring costs are kept the same throughout the project.

Second Option: Buying an established home in Perth.

 

Pros 

The home buying process is a great way to get a residence of your liking with the least amount of hassle. So, if you’re interested in living out every homeowner’s fantasy, are looking for an investment property or just want something new that fulfils all the basic necessities, then it might be best going down this road of property purchase!

 

Cons

When you buy a home, it can be really tricky to find one that has everything on your wish list. Some people who have already bought a house in the past will need to pay stamp duty fees again- and this is even more expensive than what they might have originally thought! Be sure to look at all your options before going down this path.

 

Third Option: Renovating an existing home in Perth.

 

Pros

This is a great option if you are considering staying in the area and want to get more involved within your community. You can choose what renovations interest or matter most to you, so that it will be worth spending time on them. Take steps toward completing all of your desired projects one step at a time until there’s no room for improvement left! The primary positive of going the renos route is that you can take things at your pace, without compromising on the neighbourhood you love.

 

Cons

The process of renovation can become extremely draining and time-consuming. It involves a lot of hard work and patience.

 

From here, we recommend that you carefully weigh out each of the options, do your research and make your decisions based on necessity, desires and practicality. At Domination Homes, we want to make this process easier for you. Feel free to contact us with any queries or questions. We are a custom home builder who cares.

 

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