New construction or not? Consider these issues
Are you still living with your parents and planning to live on your own soon? Or are you still living in rooms and have just graduated? Or have you been living in a rented house for a while? In all these cases, buying a house could be an option. Because let's be honest: buying is always better than renting, because it's an investment in the future. And it's also nice when something is really yours. That you can do what you want with your house, without being tied to a lease.
But with properties for sale, of course, you also have many options. You can go for an old property and refurbish it completely. Or you go for a relatively new property. Or you might opt for new construction altogether. Are you considering going for a new home? Then it is important to ask yourself a few things.
Your dexterity
Are you a bit handy and do you enjoy doing odd jobs? Then it might be fun to buy an old house and redecorate it completely. But not everyone is handy and/or feels like renovating. If you are not handy, do not feel like chores and maintenance and prefer to arrive in a fresh home straight away, you would do well to go for a new-build. A beautiful new-build home built by professional contractors, perhaps with the help of road plates from Ferex.
Your monthly fixed costs
May sound strange, but when considering whether or not to go for a new build, it is also useful to consider your monthly income. If you have a relatively low income, then oddly enough, a new-build home is often more advantageous in the long run. Firstly, because you can sometimes get an advantageous mortgage from banks with lower interest rates. In addition, of course, you also face lower energy costs, as all new-build homes are nowadays built completely sustainably.
You plan to move later
Some people live in a specific place and stay there until the end of their lives. Of course, there is nothing wrong with that at all, because this means that you like a place and are completely wedded to it. But many people also like to experience more stimuli and move every now and then.
A newly built house is also an investment in the future and chances are you will be able to sell it later for a good price. You can then invest this extra money back into your new home. In short: a new-build home is also ideal for people who are planning to move in the future anyway.
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