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What are The Pros and Cons of Custom Homes?

When exploring available house types and designs in the market, one house that often gets people talking is custom homes. Custom homes mean the owners can decide how their dream homes look in all aspects.

That includes selecting the lot, designing the floor plan, selecting materials, and actually building the home, including finishes and fixtures. Building a custom home is the best decision one can make in one’s lifetime.

Unlike with stock homes, where you have limited control over the lot selection and the construction, everything goes according to your preferences. Living in custom homes feels more like home since you develop familiarity with it right from the onset.

Even with all the benefits custom homes present to their owners, it does not mean it will be all a smooth ride. 

Pros

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Personalization

If there is one aspect that perfectly defines custom homes, it is their level of personalization. While some level of personalization is still possible in some finer details of stock homes, custom homes offer homeowners full personalization of their units. From lots selection, owners retreat to lengthy meetings with the architects to develop the house design. They then take control of the construction while paying close attention to the house plan. Although they may not be the ones to source the materials, they decide what material types will be used in their units. This level of personalization is reflected even in the final steps of finishing and fixture installation. 

Quality Control 

Due to the complete personalization in all steps of the entire construction, custom homes boast higher quality than stock homes. Their owners’ constant control and regular inspections of the units eliminate any room for mistakes. In case of any, they are rectified before the process resumes. This lays the foundation for increased quality that may never be replicated in other house types. 

Unique Design

Another feature prevalent in custom homes is the unique designs. Even when the existing ones in dailies and property magazines inspire current custom home designs, different homeowners will introduce changes in their units. What this implies is that even with the same initial plan, the final product will be different for other homeowners. The unique design allows homeowners to display their unique taste and style, with the guarantee of not being replicated elsewhere. 

Energy Efficiency 

Due to ever-rising energy costs, there is a pressing need for measures to cut energy consumption. That need is not geared only towards financial prudence; it also aims to reduce the effects of climate change, which has become a global concern. Following the latest trends and standards, custom homes have more energy efficiency enabled by R-value and VOC materials. 

Future-Proofing 

When sampling designs for custom homes, homeowners consider current and future trends. State-of-the-art design and cutting-edge materials make the homes stand out for years to come without becoming outdated. This future-proofs the house against the need for expensive, frequent remodeling and updates. 

Cons

Cost Considerations 

The main limitation of custom homes is the increased construction costs. The increased lead time for designing the house plan and the actual construction makes the cost of custom homes much higher than that of stock homes. The premium materials and fixtures relied upon in the building of custom homes further increase the cost of the homes. 

Lead Time 

Due to the personal specifications that characterize custom homes, construction lead time is longer than that of stock or other home types. House plan design alone can take up to months to accommodate your unique preferences. Frequent adjustments and quality control further increase the lead time for this home type. People who are fed up with paying rent and want to move into their homes as quickly as possible are better off with a different option. 

Property Value 

Besides cost considerations, the other major limitation of custom homes is perception. Since what you consider your ideal home may not appeal to everyone, this can reduce its value even when the quality remains constant. This can make reselling the home take longer. 

The benefits of custom homes outweigh the few limitations, mainly associated with the wrong perception. The decision to build a custom home should be based on your budget size, long-term goals, and willingness to engage in a detailed and often demanding process.