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Old 02-22-2009, 07:47 AM   #1
djluis2k6 djluis2k6 is offline
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Default Brand New House Vs. Custom Built House

I about to start shopping for a new house and I was wanting to know what would be cheaper to do, buy a brand new house, or hire a contractor to get one custom built?
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Old 02-22-2009, 07:54 AM   #2
BluHavik BluHavik is offline
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I'm an apartment dweller but if I had the money to make that choice I'd go custom. Get a house exactly the way I want it. Nice problem to have, I'm hoping to make the move to a house by the end of the year and it's gonna be a decades old one for sure.

Last edited by BluHavik; 02-22-2009 at 07:56 AM.
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Old 02-22-2009, 07:56 AM   #3
STARSCREAM STARSCREAM is offline
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I'd think custom built. Plus you can have everything tailored exactly to how you want it.
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Old 02-22-2009, 07:57 AM   #4
Themoth Themoth is offline
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have to say after looking at the market of houses for sale and what your dollar can buy you right now its a no brainer. Buy a house already built, that's what we are doing. Found a great house for about 40% of what it would have cost.
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Old 02-22-2009, 12:52 PM   #5
Rob71 Rob71 is offline
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Right now, most builders are desperate. There are deals to be had either way. But if you can find a builder that overbuilt, and has homes sitting vacant, you can get a very nice deal. Provided a bank will talk to you.
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Old 02-22-2009, 05:37 PM   #6
phlydude phlydude is offline
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If you buy a new house in a development, there is generally an additional thing to consider...the H.O.A. - the biggest pain in the ass of living in a development.
You can't even put up a fence or a shed without approval.

Next place I buy is going to be a land purchase and have a house built on it. Yeah, you generally have to pay more for utilitiesto be run but you don't have to answer to anything other than the code of law for your area...no snivelling losers with too much time on their hands to try to fine you when you leave your trash can out when you go on vacation.

Stick with the custom built option if you can find the right land in the right place for the right price.
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Old 02-22-2009, 06:41 PM   #7
Clark Kent Clark Kent is offline
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Quote:
Originally Posted by phlydude View Post
If you buy a new house in a development, there is generally an additional thing to consider...the H.O.A. - the biggest pain in the ass of living in a development.
You can't even put up a fence or a shed without approval.
I totally agree about those insane Home Owners Associations that are run like totalitarian regimes. Stay away from them as much as possible. But there are many new houses already built that can be had very cheaply right now.
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Old 02-22-2009, 06:37 PM   #8
Blu-Dog Blu-Dog is offline
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Quote:
Originally Posted by djluis2k6 View Post
I about to start shopping for a new house and I was wanting to know what would be cheaper to do, buy a brand new house, or hire a contractor to get one custom built?
Lots of snakes with custom built...I'd advise against it, especially with the huge inventory of homes out there right now.
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