Rainy Lake, Minnesota
3181 US-53
International Falls, MN 56649
(218) 285-3635

Should You Build a Custom Home or Buy an Existing One? October 29, 2018

Rainy Lake, Koochiching
Should You Build a Custom Home or Buy an Existing One?, Rainy Lake, Minnesota

When you’re looking for a new place to live, you can search for a home that meets most of your needs and then remodel it, or you can build your perfect custom home from the ground up. Both options have their merits, so consider your needs and preferences to find the option that works best for your family. Here are some of the most important things to consider when deciding whether to buy or build.

Building a Custom Home or Renovating an Existing One

Compare the Costs

When you buy an existing home, you need to consider the cost of the house, taxes, insurance, closing costs, and what your ideal renovation might cost. With a custom home, you’ll have similar costs, but you won’t need to worry about any renovations. Additionally, with a newly built house, everything will be new, so less items will need replaced as quickly as an older house, and more parts of your new home will be under warranty.                                                                                                                                                           

Consider Your Timeline

Building a house can take several months after you close on the land and finalize other details. If you need to move into a new place quickly, it may be beneficial to just find an existing home and have some minor remodeling done. For many homeowners seeking to build, the ability to customize everything is worth it, so some choose to rent temporary housing to take advantage of the benefits of building.

Look at Your Preferences

Do you have a very specific idea of how you want your home to look, or are you more open to different styles? If your preferences tend to line up with the homes that are already in your target location, you may be able to make do with purchasing an existing structure. However, if you have specific tastes, building a custom home can help you make sure you get everything on your wish list and that it all looks exactly the way you want it to.

Whether you need builders for a new custom home or a smaller remodeling project, Up North Builders, Inc. in International Falls, MN, can help. Their team of licensed, bonded, and insured professionals has the skills and experience to complete your home remodeling project to your exact specifications. This general contractor has been serving the communities of International Falls, Littlefork, Rainy Lake, and Lake Kabetogama for more than 20 years. To inquire about your next building project, call (218) 285-3635, or reach out to the team online.

Other Announcements, Events and Deals from Up North Builders, Inc.
Top 3 Dumpster Rental Tips to Streamline Your Project, Rainy Lake, Minnesota
From home remodeling to cleaning out a shed, dumpster rentals are necessary for any project that generates a large amount of scrap material. Understanding your needs and th...read more
5 Ways to Get Your Home Ready for Your New Baby, Rainy Lake, Minnesota
Whether it’s your first child or your fifth, the arrival of a new baby into your home is always a life-changing event. Some parents may want to buy a new house to accommodate&nb...read more
The Do’s & Don’ts of Demolition, Rainy Lake, Minnesota
Remodeling is all about giving yourself a fresh start. Demolition is a major part of this process, as it clears out old materials and readies your space for fresh furnishings. H...read more
3 Items You Shouldn't Throw in a Dumpster Container, Rainy Lake, Minnesota
Renting a dumpster can come in handy when performing a home remodeling project or doing spring cleaning. However, while it might seem like you can throw anything in one of these...read more
3 Home Remodeling Trends to Consider, Rainy Lake, Minnesota
If you’re thinking of starting a home remodeling project but don’t know where to begin, there are plenty of popular trends to consider. They’ll add value to your home and maintain ap...read more