New Parents’ Guide to Affordable Dream House Choices

Brand new apartment

Brand new apartment in PerthMany new parents dream of owning their own dream house. However, it may be hard to manage that with the continuous flow of bills and expenditures. Good thing there are other options apart from buying a brand new apartment complex or a new residential development project.

Here are some of those options:

Fixer Upper – Old homes are quite sturdy and long-lasting. However, they may have out-dated features that need to be replaced. Such features — like an energy-efficient HVAC system, eco-friendly windows and environmentally sound insulation — need to be installed so you won’t be saddled with a money-guzzling property. Have the house inspected to know exactly what you will need to fix beyond what your DIY kits can do.

Starter Home – These are affordable housing that can fit a start-up family such as newlyweds or a one-child family. They are compact but have a lot of space-saving and energy efficient features, which helps the homeowners add to their savings. If you do intend to stay in that house even after you have a third or fourth child, see if there’s enough space (like a backyard) to allow future extensions.

Auctioned Homes – There are the probate and foreclosed homes that are regularly being auctioned off or offered to the public with hefty discounts. The paperwork for these homes may take a while to process, though, and the banks take a while to respond. Once processed, however, you will own the home at a fraction of its price. Even if you get one “as-is” the building renovations you can do in Perth will most likely be less than buying a brand-new home with the same features.

If you decide to get these bargain houses, check with a trustworthy and longstanding residential building company that has a good background on home extensions and building renovations. Beyond whatever it is you can fix on your own time, these experts have the skills and materials to improve your purchase. It’s encouraging to know there are those you can ask for help to complete your dream house.

Enjoy the Comfort and Safety of New Houses

New House

New House in MelbourneWith the rising cost of rental apartments, many people are striving to own houses through mortgages. When it’s time to get a house, people tend to consider the location and the price of the house before making the lifetime commitment. Depending on what you need, real estate companies have devised housing solutions that suit your budget and location.

For a convenient living, various new housing estates in Melbourne provide insights on varying sizes and designs. Here are five reasons why prospective homeowners should consider buying new houses.

Low cost of maintenance

Modern houses are engineered to lower the frequency of maintenance. Unlike a house that was built several years back, newly constructed houses are not subject to early wear and tear as their components are usually new. They give you the comfort that comes with increased durability reducing the out of pocket costs.

Energy efficiency

With new environmental regulations in place, most realtors have turned into green energy to lower energy consumption in residential areas. Today’s homes are designed to reduce energy consumption during hot and cold seasons. They are also fitted with highly efficient appliances that save money on the utility bills.

Access to social amenities

Recently, residential housing has seen a shift in the design from the conventional homes to luxurious master-planned estates.  These communities are well equipped with facilities such as swimming pools, clubs, fields, shopping malls, schools and hospitals among others. The amenities are found within the boundaries of the estate that guarantees security to the residents.

Access to financing

A home is a landmark investment that requires an enormous amount of money. Many homebuyers are not in the position to raise the money upfront and hence rely on the lenders for financing. Often, new house builders tend to partner with mortgage companies that lower the cost of funding for you.

Customized houses

Buying an existing house deprives you the opportunity to decide the kind of a house that you get. With new houses, the construction companies work with you to give you all the features where you need them. You can, therefore, decide the type of flooring material, plumbing design and appliances to be fixed in the building.

Experience the luxury and convenience that comes with new homes.