Today, we’re going to take a look at how to find your perfect family home. We’ll take you through all your options, so whichever way you look at it, you will hopefully get the most for your money. Read on to find out how to get started.
Build it yourself
A lot of people have cottoned on to the fact that you get a better deal if you build your home from the foundations up. It’s one of the major reasons why new home sales have soared in recent years. You have a couple of options. First of all, you can approach a new build company who will build your home for you, based on many template designs that they use. Secondly, you can look into taking on the entire project yourself. If you are looking for a quicker timeline, then you should go for the former. If you are prepared to bide your times and put in the work, then the latter can pay off.
However, it’s a lot of work. You will have to find a plot of land, hire an architect and a lawyer to help you get through any planning permission problems. You’ll also have to find a team of builders that you can trust to get the work done on time. Perhaps the hardest thing, though, is that you will have to manage your budget. It’s likely that you will go over - as many of these projects tend to do. The question is, how much more can you afford to pay? If you think this will be an issue, then you are far better off going down the template route.
Buy and renovate
Renovating an old and broken property can be an excellent way to get your perfect family home. You can start again and create it to your liking. You could knock down some walls, for example, and build your perfect kitchen. However, there are a few things to look out for.
Firstly, you need to make sure that the renovations won’t cost you more than what you have saved on the discount. There is dilapidated, and there is also unsalvageable, so make sure you have a professional surveyor look at the property before you buy it. If you don’t take this seriously, your costs could increase to eye-watering levels. Often, you would have been better off going down the traditional home buying route instead.
Try an auction
House auctions are an excellent way to pick up a bargain- but you have to play the game well. It’s not a good idea to go to an auction and buy on your very first visit. Just sit in on a few instead, and get your bearings of the processes. Speak to the successful bidders afterwards and see if they have any tips.
There are bargains to be had, though. Most people who buy from auctions want to move straight in, and can’t be bothered with a renovation. So, you will often find that some of the best prices will be for the houses that need a little work. Go for one of these if you want to get the most for your money.
Hope you’ve enjoyed this guide - let us know if you have any more tips!