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If you are ready to invest in a new home for you and your family, one of the first decisions you face is if you want to buy an existing property or if you prefer building a new custom home. As experienced Custom Home Builders in Edmonton, we know that your choice will depend on your lifestyle and the time you want to invest before moving to your new home in Edmonton. 

We understand that your new home will probably be one the most significant investments in your life, that is why we have prepared this comparison that will help you choose the option that better suits you and your family.

Buying an Existing Home in Edmonton

Buying a home can turn out to be a good option for you because it is a process that usually takes considerably less time than building a brand new custom home. On the other hand, if you decide to buy an existing property, it is probable that you will want to make some renovations to adapt this property to your needs, as the floor plan and layout have been already set. The scope of work of minor renovations don’t usually entail a budget as large as a building a new home, but if you plan on doing a major renovation, maybe you should consider contacting an Edmonton custom home builder to have an idea of the costs of building your property from scratch and compare before making a decision.

Building a New Custom Home

If you have some considerable time before definitely moving to your new property, then building a new custom home will probably the best option for you. Although it varies depending on the size of your custom home, it can take between 8 and 12 months to build your Edmonton home. The most significant advantage of building your dream home is that you get to choose everything. This means you can participate in your home's overall plan, size, layout, and design. Check out the Advantages of Selecting a Builder Before Buying a Lot to start planning your new custom home. 

When you decide that building a new custom home is the best choice, you can also select the quality of your building materials and incorporate sustainable options to make your home eco-friendly, efficient, and functional for your lifestyle and plans. Since everything is customized from the beginning, you can forget about renovations in the near future. It is also essential considering that building a new home in Edmonton is a process that takes time and that you will need the services of an experienced Edmonton custom home builder that helps you comply with all legal aspects and good building practices.

Ready to build your new custom one, contact Edmonton Custom Home Builders today! We will prepare a free summary budget for your new custom home building or renovation and provide you with more information about our custom homes in Edmonton and the Fort Saskatchewan area!

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Too Long Didn’t Read (TLDR)

If you are wondering if you should buy an existing home or build your custom home in Edmonton, then you should consider time, location, budget, willingness to make renovations, and especially your lifestyle