Why might building your own home be right for you?
Before you begin your journey toward homeownership, you should ask yourself whether building or buying a new home is right for you.
As with all major decisions, there are pros and cons to consider.
People often assume that buying an existing home is cheaper than building a new one. However, what they don’t realize is that those who are financially capable of purchasing a new home may also be able to afford construction. When comparing “like” with “like”, new construction may be the less expensive option.
Buying an existing home may seem like the quickest and easiest option with a set linear path from mortgage application, to house hunting on the weekends, to making an offer.
However, building a new home gives you the opportunity to create a home that meets the unique needs of your family both now and in the future.
Building a house can seem intimidating which is why it’s important to choose a builder that is willing to listen to and understand your needs, says GJ Gardner Managing Director, Ole Sundström.
“At GJ’s we place a lot of emphasis on our customers having a great experience,” he says. “The beauty of building is that you get a home that meets the needs of the people living in it, rather than buying a home that someone else built for someone else.”
Your GJ Gardner team manages the build process from start to finish with expert people at different stages, working together to ensure a seamless experience.
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Your home, your way
As anyone who has ever bought a home can attest, you can literally spend months wandering around open houses trying to find something that fits all your requirements. With new construction, you can design a space that meets your needs, without the compromise or need for expensive and disruptive renovations.
Sundstrum says it’s important to make sure you choose the right builder, as they can help by asking questions you didn’t know to ask and will ensure your new home not only suits you now, but continues to serve as a home and lifestyle for your future changes.
“Our job is to ask our clients the questions they don’t know to ask. If you have young children now, what will they need when they become teenagers? Does anyone in the family work from home? Is there a hobby that might require it? A specific room or area in the house ?Our team has built nearly 23,000 homes across New Zealand and picked up many tips and tricks along the way.
That’s why GJ created Home Prep, her essential guide to the homebuilding journey designed to help you make informed decisions about planning and designing your home for the future. Home Prep brings together years of experience into a comprehensive, easy-to-use guide. It covers everything from starting the journey, choosing the right builder, determining your needs, planning and designing your home, as well as understanding the building process and some of the things you’ll encounter along the way.
The latest and greatest materials and products
Planning for the future doesn’t just apply to the way you live. It also places an important focus on the materials you choose to build your home with. Anyone who has moved into an older home and woke up to crumbling window panes and frozen floorboards will appreciate the benefits of building a new home.
Energy efficiency requirements for insulation ensure new homes are warmer and healthier than ever before, and this includes the latest methods of insulation, double glazing and external panels. This not only makes new construction a more comfortable and healthier environment, it is also more economical to operate.
Sundstrum says the GJ team adheres to current regulations and knows what materials are best suited for specific locations such as coastal areas and alpine conditions.
“We apply strict methodologies in the way we build and the materials we use,” he says.
Building new rather than purchasing existing provides significant cost efficiency. You can optimize resources, incorporate modern technologies, and avoid potential maintenance and repair expenses associated with older structures.
With less time spent maintaining or repairing your home, you can instead spend your weekends taking full advantage of your new home and doing things you enjoy.
Obtaining independent financial advice is vital before signing any contract, whether you are signing a purchase and sale agreement for an existing home, or a building contract for a new build.
Home loans are designed differently for new construction, and there are financial incentives to encourage new construction activity within New Zealand. This allows for smaller deposits and in some circumstances additional support for deposit accumulation.
Financial security means knowing exactly how much your new home will cost. The GJ Gardner system means that you will be provided with precise details of every aspect of your build including detailed plans and comprehensive specifications for the products and materials used.
With new construction, you have added security that you are covered if problems arise after you move in. Before you move in, your local building superintendent will perform a final inspection to ensure your home meets GJ Gardner’s stringent standards. All new homes are covered by the building code which gives an implied 10 year warranty.
Time to enjoy
Efficient materials and smart technology work together to make new construction low-maintenance, freeing up your time for the things you enjoy instead of a never-ending list of chores around the property. There’s no need to start working on ways to make the house fit your needs once you move in, because you’ve had a say in all the choices that make your home your own.
“A new home means less maintenance and more time to spend the things you enjoy,” says Sandstrom.
To find out for yourself why more New Zealanders trust GJ Gardner to build their homes year after year than any other builder, visit gjgardner.co.nz.