If you’ve been thinking about building your dream home but aren’t sure if it’s a good time or now, rest assured, it is. Now is a great time to build a custom home in Salt Lake City. Like everywhere else in the United States, existing home sales are through the roof. Most homes that go on the market sell within 30 days. That’s amazing and great if you’re selling your home, not so great if you’re looking to buy one in a desired location.
If you don’t want to go through the hassle of searching for an existing home in the right location, for the right price and that doesn’t become the focus of a bidding war driving up the cost of the home by tens of thousands of dollars, then consider building a new home in Salt Lake City.
Now is a Great Time to Build a Custom Home in Salt Lake City
There’s never been a better time to build a new home – interest rates are still at historic lows and inventory of existing homes is low. Building a new homes gives you opportunities you’d never have if you purchased an existing home.
Pros of Building a New Home
Location – While you can’t build anywhere you want, you can choose from a multitude of great locations. You don’t have to leave the city to find a great location either. New developments are opening up all the time and if you’re inclined to do a little digging you can find lots available in older neighborhoods.
Customization – When building a new home you get to choose the floor plan, the interior design, the fixtures and other selections. Want a stone fireplace? You can have one. Want to include a rear foyer with cubbies and ample storage options for all the sports gear? You can have that too. Building your own home allows you the opportunity to really let your personal style shine through.
First Owner – When you build your own home you are the first one to live in it. That means you won’t inherit other people’s problems. There won’t be any weird DIY fixit issues that you have to learn to love or ignore.
Maintenance – There won’t be much. You may have to cut the grass and do some occasional shoveling but the roof will last for decades, the furnace will last for years and everything will work as it was intended. And if things do break down, the warranty probably covers it (check with your builder about the warranty they offer).
Energy Efficient – New homes are far more energy efficient than homes built even a few years ago. When you build a new home you can choose to go solar which practically eliminates your electric bill. Windows, doors, and siding are all more energy efficient than ever before. You can’t find that in a 40 year old house.
If you’re thinking about building a new home in Salt Lake City, give Ironwood Custom Builders a call at 801-416-3131 and we’ll walk you through the process and answer all your home building questions.