The decision to own a home is an exciting life milestone. However, you must first determine whether you wish to build a custom home or purchase an existing one. While each has their own set of benefits, it’s important to understand what to expect before you head down a particular path. Fortunately, the real estate agents at Lawrence Realty Inc. in Red Wing, MN, are here to provide an overview of the process of building vs. buying a home.

Building a Home

The main benefit of building a new home is that you can customize it to meet your family’s unique needs and tastes, from the exterior style to the layout and furnishings. You will need to hire a real estate agent to assist you in finding a vacant lot; they should have experience in zoning restrictions and building codes. It’s also essential to find a qualified building company to oversee every step of the process and deal with issues such as building permits and inspections.

Buying a Home

Buying a home that is already built means you don’t have to wait long to move in, and it comes with a variety of other benefits. You will be moving into an already established neighborhood, and you can still choose to customize the property by remodeling and building home additions. You also don’t have to worry about obtaining permits or dealing with municipal restrictions.

Whether you’re interested in purchasing vacant land or shopping existing homes for sale, you will need to hire an experienced agent who can guide you through the process. The team at Lawrence Realty, the premier real estate agents in Red Wing, MN, are here to guide you through every step of the buying and selling process so you can land the home of your dreams. Call (651) 388-4745 today to schedule a consultation with a real estate agent or visit their website to browse their current selection of listings.