Why A Custom Home is a Great Investment
The largest investment in your life should include the ability to choose your own look and feel that fits your family's goals, lifestyle and dreams.
"The largest investment in your life should include the ability to choose your own look and feel that fits your family's goals, lifestyle and dreams," says Thomas Watson of Realty One Group Revolution. Investing in a brand new home will provide your family with great benefits that will end up saving you money, because as Belinda Agosto of Fathom Realty points out "since everything is bought and installed brand-new, building a custom house gets rid of the stress associated with renovations and repairs." Check out our round up of why investing in a custom home is financially beneficial.
Lower Maintenance Costs
Home maintenance is an ongoing expense, but custom home builders certainly have an edge over owners of pre-existing homes. With everything in your home brand new, you don’t have to worry about leaks in the roof, slipping gutters, or weatherproofing issues. Save money with energy-efficient windows, modern HVAC, contemporary design and up-to-date building standards. When you invest in a custom-built home, everything is brand new and built to the current standards with quality materials of your choice.
Better Energy Efficiency
Saving energy saves you money. Temperature regulation accounts for almost half of the power bill of a US household, and by simply facing 60% of your windows south, you could cut your heating costs by up to 25%. You also have the opportunity to deck out your custom home with smart technology, which will further increase your savings. A smart thermostat alone can reduce your energy costs by 10 to 15%.
Better For Your Health
While older homes are at risk of containing asbestos, lead paint, or mold, your custom-built home is free of toxins. With a brand new home, you can choose a wellness-focused homebuilding approach and maximize your physical and mental health by utilizing low-toxicity materials, installing IoT appliances that encourage healthy choices, and drawing up floor plans designed especially for healthy activities (e.g. exercise, meditation, and meal preparation). Research suggests that such measures could drive noticeable increases in the quality and duration of people’s lives. In fact, according to Hanley Wood, 66% of Americans believe the right housing environment could cut their annual medical costs by 11%.
Value For Money
When you spend money on something that’s exactly what you want, it’s worth the investment. Whether you’re looking to entertain lots of guests or you’d like a simple, quiet family home, a custom home will have all the best amenities tailored for your needs. The odds of reaching that level of satisfaction in an existing home on the market are incredibly slim. Most homebuyers make a few compromises and often end up remodeling their homes somewhere down the line, at a further expense. Invest now, save later.
Long-Term Rewards
A custom home is an investment in your family’s future. While older homes usually feature layouts that aren’t compatible with our modern way of living, your own custom built home will be designed to suit your family’s lifestyle. On top of making daily life more convenient, an open layout can have a big impact on the mood and the spirit of your home. When you design a home with welcoming communal areas and open spaces, you’re also investing in quality family time. Additionally, you can think ahead to your family’s trajectory, making sure your layout can adapt to your shifting needs over time.
Resale Value
Building a custom home makes it easier to recover your investment, should you want to do so in the future. Though upfront costs are likely higher than an existing home, you are likely to have more significant profits and plenty of equity to pass on someday with the resale of a newer home.
Are you ready to invest in the custom home of your dreams? With Atmos, you’ll be guided along every step of the way for a seamless, stress-free experience.
