Advantages and Disadvantages

I found this list of plusses and minuses to building a house. It helps me to think we are doing the right thing.


Advantages
More customized to your wants and needs

All components of the house are new

Most components are of the latest design

New houses are generally built in areas of expansion rather than decline. This will really help the future resale value.

May be more personally satisfying if you take an active role in the house building process.

Disadvantages

Generally more expensive than a resale house.

The delay during time of construction.

Potential "new house" problems--like anything brand new, it is rarely perfect.


The added costs--landscaping, window treatments, decorating, etc.--that you incur after moving in.

More complicated--finding a lot, finding a builder, getting a construction loan, etc

To address the issues above:
The delay during construction time is not an issue as we have already sold the house and my dad has so graciously allowed to shack up at his place.

Generally costs may be higher than resale but it seems as though we are getting a good house for a good price when you look at the houses that are on the market right now for the price we are paying.

The added costs would be an issue whether new or resale.

We have already found an area we like and it comes with a builder that is a custom builder. We have been able to choose plans that we like and make changes as we like. The process has gone real well so far.