To build a brand new Miami home or to buy a brand new Miami Home
Building a brand new home vs buying a brand new home
Brand new Miami homes are very sought-after these days. Many buyers are looking for a contemporary home that has never been used. I speak to many of these buyers on a daily basis and some are torn between buying a brand new home (spec home) or buying a tear down property or empty lot to build the home of their dreams.
Buying vs Building a Miami Home
The David Siddons Group has guided many clients in the process of buying a land / tear down property, constructing a brand new home / remodeling a home and selling the final product for a great return on investment. Being married to a Miami interior designer and architect, I am no stranger to renovations and extensions myself. Visit www.ds-miami.com to see my wife’s work, or call me on: 305 508 0899, I will take you to one of our ‘new home’ or ‘renovation’ job sites so you can understand and appreciate what goes into it – notably: skill, time and money.
My passion for real estate and the construction process has led me to write several blogs on this topic. However you intend to purchase your dream home we will have the answers for you.
There are several aspects to keep in mind when deciding on whether to build / redo a Miami home vs buying a spec home. First of all, the home construction will take a good period of time, there are many approvals needed and people often miscalculate the budget (many buyers enter the process without professional help and someone who is on their side).On the other hand, constructing your dream home will give you exactly what you need and is more affordable than buying a turnkey home. Not to mention that the return on investment is often so good, many of my “end-user” clients decided to sell the home as the profit was too good to be true.