Tuesday, November 20, 2018

What's The Sense In Developing Your Own Real Estate When You Could Just Buy An Existing Home?

By Kevin Harris


It's likely taken you years to raise enough money for your journey towards home ownership. As if that wasn't hard enough, you now find yourself facing an all-too-familiar puzzle: Should you develop your own property or purchase one that already exists? While there's no absolute answer for every person, opinions in the Bang Saray real estate industry have it that you're better off opting for the latter.

But here's the deal -- you'll be hard-pressed to find a ready-made house that can fully accommodate your needs. A fresh build, on the other hand, gives you the freedom to design your home around them. More crucially, it will allow you to make the most of today's green technologies.

Keep in mind, however, that you don't have to go all the way in with regards to sustainability. Instead, you want to focus more on the areas that'll make the biggest difference. With that in mind, you'll want to:

Consider the Location: The rule of thumb here is to buy land in a well-developed area, and therefore avoid the headaches of building your own infrastructure. A close examination of the site will help you take advantage of its natural characteristics when designing the house. In particular, you want the longest sides to face north or south in order to keep them shaded. Also consider any negative impact construction might have on the surroundings.

Consider the Size: Though it's tempting to go for maximum square footage, you also want to keep an eye on the financial implications. Remember that a bigger house will cost you more not just when putting it up, but also in maintenance. Still, you can't go wrong by planning around your lifestyle; this'll help you create enough room for your needs while keeping the space manageable.

Only Use Sustainable Materials: Make sure to invest in products that are both eco-friendly and durable. The latter's informed by the need to avoid changing them during the life cycle of the building. Your best bets here include bamboo, reclaimed lumber, cork and recycled plastic. Other than that, make sure to source materials as close as you can to the construction site.

Go Solar: Thanks to the improvements made over the last few years, solar setups are no longer as expensive, hideous or unreliable as they once were. You can actually find models that can cater for all your household's energy needs. What's more, you have an opportunity to integrate solar into your home that owners of older properties cannot. Your investment will also be rewarded with rebates if you're lucky to qualify.

Keep it Tight: Or rather, tightly insulated -- it's the most effective way to lower your ongoing heating and cooling costs. The principle works best when applied to a multi-story structure, but what should use for the insulation itself? Closed-cell spray foam is your best bet due to its superior thermal performance and pliability. This means it'll tightly seal all nooks and crannies around your home.

No prizes for guessing that your custom home build will involve a whole lot more elements. With these points in mind, however, you're now in a position to start laying the framework. Although the project won't be as easy as purchasing an already-developed property, you won't have to put up with the headaches of revamping one.




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