Should I Buy or Build a Home? The Pros and Cons - Sunny Homes ACT

 We understand the importance of building a home. It requires careful planning and thinking, which is why we pay special attention to every step of the construction process. From choosing a building site to choosing fixtures and finishes, the build-to-build process is the journey to building a new home.

If you are looking for new home builders in Canberra or a property, be sure to read this guide to find out why it is better to build a home than to buy one.

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01. Your choice 

When you build a home from scratch, that's exactly what you get. Visualize what your new home will look like with the help of our well-appointed showroom. Located in Western Sydney, our showroom is the perfect opportunity to explore our craft for you. Enjoy premium home improvements and upgrades, our unparalleled customer service, and a wide range of modern homes in a variety of Sydney developments; see for yourself why we've been voted the best builders in Sydney for the third year in a row. 



02. Save on stamp duty 

We've all heard of it, but most of us don't know its impact on the final price of your home. And while that has little to do with the post office, it has everything to do with owning your home and the costs associated with it. When you buy a home, stamp duty is paid on the basis of the total purchase price, while only the land value is taxed when you build a home. Although every homeowner must pay some amount of stamp duty, depending on the value of your home this can be a significant amount.


On the other hand, if you are taking a construction loan on vacant land, stamp duty is payable only on the land and not on the residence itself.


If you need more information about Award Winning builders in Canberra? Visit us. Sunny Homes is the simple way to build your dream home in Canberra. We Have a construction company that is passionate about delivering innovative ideas and greater value to our customers.


03. Still New

Buying the real thing means inheriting the real thing. Building your own home in Canberra means getting exactly what you want. The best part is that it's fresh. Instead of going the fixed route, you can eschew the old functional homes of the past for the modern comfort and luxury of a well-designed home.


We provide new builders with high-end accessories and accessories that many builders call "extras", such as driveways, COLORBOND roofing, Actron ducted air conditioning, solar panels, worktops, Caesarstone kitchens, and many others!


04. Gift for the first owner 

A one-time cash payment of $10,000 for qualified first-time homeowners, the First-Time Homeowner Grant can be used to purchase a new-build home, townhouse, apartment, unit or similar, buy-to-let or fully renovated. Although eligibility varies from state to state, in New South Wales, for example, the purchase price of a new home cannot exceed $600,000.

However, if you buy vacant land and enter into a building contract with a builder, the value of the vacant land plus the value of the building contract plus the cost of any building changes associated with it will not exceed $750,000. That's an extra $150,000 of wiggle room that could save you $10,000. 


05. No home hunting 

While building a new home can take months, there is still time to save on headaches by avoiding home hunting every other weekend. Without the hassle of research, sales, and discussions with agents, you can spend valuable time building your custom-built home. 



06. No amendment is required 


Building layouts and floor plans have changed a lot. Buying an existing home means accepting a less-than-ideal lifestyle or shelling out money for expensive renovations. And sometimes, depending on the building, you may not be allowed to renovate or change your new home. With a well-built home, you will get exactly what you want from the start. Our independent quality control company conducts inspections at various stages of the construction process as part of its assurance program, including a 6-year warranty, 90-day service, and warranty period. any problem may arise. 


Are you building a new home? Contact us today- Sunny Homes ACT. If you need more advice or information about building a new home, get in touch with one of our experienced home builders. For more things you need to know as a future home builder, check out our other blogs or get inspired by our home design models today! 


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