As your family, assets and needs increase, you might just find you’ve outgrown your home and need more space for your day-to-day living.
There are multiples benefits to upsizing: more living space for your family, the opportunity to create entertainment spaces to enjoy with friends, a complete change of lifestyle for all the family members, and even capital growth for you.
When the time comes to upsize, there is always the big question of whether to buy an existing home or build a brand new one. Each path has its advantages and disadvantages. However, Building a larger home will allow you to make room for all the things that matter, so this is why we want to give you the 5 main reasons why you should build a new home when upsizing:
1. Freedom of choice: 👨👩👦
Building a new home gives you a blank slate to work with and customise your home to suit your needs. You will be able to ensure everything is exactly as you want it, and more importantly, you’ll be able to make sure your home matches precisely the lifestyle you want to provide to your family.
If your kids have grown up, then you’d like to give them more space and create separate rooms for them, but if your kids are still little, then you could consider adding a playground in the backyard that you can see from the inside.
If entertainment is important to you, you’d like to have a lovely alfresco area with a BBQ to enjoy on the weekends, but if you prefer the indoors, then a media room is a great idea! The whole point of upsizing is to think forward and create spaces that are important to you, and that you know you and your family will use for the years to come instead of trying to adapt your family needs to an existing home.
There is no better feeling than moving into a new home that you have built and its unique to you!
2. Builder packages and incentives: 🏡
When building a new home, your options are extensive! You can choose a block of land in a location you love, and then select a home design that suits in it. Some builders can offer you excellent deals for house and land packages where they’re flexible for you to make changes to the home design to suit your purposes so you can build the perfect home for you and your family.
You can also get new home incentives from your builder. These promotions typically include full home air-conditioning packages, upgrades to premium fixtures and fittings and some other luxury inclusions. Opting for one of these options could add value to your home while saving you thousands!
3. Easier Maintenance: 🛠️When you upsize to a newly built home, you won’t have to worry about the exhausting and expensive process of renovating your home while you’re living in it, especially if you have kids and pets. Undertaking renovations to an existing home to try to fit your growing family needs can end up being more stressful, as in this process one can easily blow out timeframes and budget. Instead, when building new, you will move into a brand new home that you’ll love and enjoy from the very beginning. Also, a new home will require fewer repairs and maintenance over time, which will save you both time and money!
4. Sustainability: 👍
A new home will give you the opportunity to create a sustainable place for you and your family! It not just beneficial for the planet, it’s good for you too!
Building a new home taking advantage of block orientation for solar and ventilation purposes will help you create spaces in it that are bright and fresh all year around. Especially in Australia’s extreme weather conditions in summer and winter.
Better building materials, use of light and shadow, better insulation and new appliances that are more energy efficient, will save you a lot of money in the long run. It will also bring countless benefits, as a new home that works better in its environment, is a lot more comfortable for you and your family.
5. Save in stamp duty: 💲
As an added bonus, when you build a new home, you’ll just have to pay stamp duty on the land component of it, opposite to an existing home as when you purchase it you’ll have to pay stamp duty on the value of the entire property. This difference can save you thousands of dollars too!
In the end, the most significant benefit of upsizing this way is to own a brand new home for this new stage of life, where you can create beautiful memories with your family. Yes, you’ll have to go through the construction process, but it would be completely worth it!
At Evolution Building Group, we can provide you with all the benefits of upsizing with a new home while taking the worry and pain out of the building process. If you’re ready to take that next step in life, we can offer you a range of contemporary, functional and customisable homes that have been perfectly designed for growing families. With a number of intelligently designed floor plans, optional facades and inclusions, the Next Collection puts the focus on you, offering a more personalised and flexible approach to building your new home.
Check out all the designs and amazing inclusions we have available on our Next Collection:
If you would like help on your journey to upsizing give us a ring on 02 4244 1212 or email us at firstname.lastname@example.org