The Benefits of Building a House Vs Buying One

The Benefits of Building a House Vs Buying One

The Benefits of Building a House Vs Buying One

The decision about whether building a house vs buying is best depends on many factors. One of the largest investments a family can make is in the building or purchasing of a home. Location, market trends, price, and many other factors play into what a family chooses and where to eventually buy the home. The biggest factor revolves around building a house vs buying, with each path having distinct advantages and disadvantages. Explore the options to decide which route is best.

Buying a Home

Two advantages stand out when deciding to purchase an already existing home: cost and convenience. Once pre-approval from a lender goes through, a family can shop around, find the perfect home, and eventually make an offer. Within a month or two, the family could be living in the new home.

Convenience

The process involves many steps but being able to move in right away is one of the big factors families decide to choose an existing home. Relocating kids and maybe even work is challenging, so families often choose to go with this route to ease challenges and risks.

Cost

Buying a home outright can lower some of the unknown costs which may come up when building a house. Depending on the real estate market, the prices for existing homes may be more favorable.

Brookstone Homes offers pre-built homes in several of our premier communities.  Explore our inventory and call to schedule a tour!

Building a House

Building a house is not as quick and possibly not as cost effective as purchasing existing property, but a family can select a plot of land and build a custom home with all their desired features for a great price, especially if you work with a seasoned builder like Brookstone. This customization process, along with selecting a neighborhood and getting what they want, is often cited by families as the reason for building a house vs. buying. The biggest advantage overall rests in knowing exactly what a family wants and being able to select a builder who can deliver the goods. A new home is more likely to be energy efficient, have better HVAC (heating, ventilation, and cooling) as well as insulation. This can save families money in the long run.

Time and Money

One of the biggest drawbacks to building a house tends to be the higher costs and longer timeframe associated with the process. A family can limit the risk of building a house vs. buying when selecting carefully the builder and focusing on putting together a good contract. A lump-sum contract can specify fixed prices for construction, thereby reducing the risk of cost overruns for the buyer. Making sure everything is included saves both time and money. Selecting a duration up front can help avoid open-ended deadlines to make sure the builder stays on time. Maintain good communication with the builder and check in to be sure things are going as planned for a better overall process.

At Brookstone, our customers come first. We’re building you a forever home for your family, after all, and that’s more important than costs or financing. Let us help you put together a plan for realizing your dream home today.

 

Brookstone Homes is the premier builder in Ohio for custom homes. If you’re ready to build a custom home of your dreams, call us. We will make sure you get all your needs met in the process and ensure communication stays constant from start to finish.

Call us to find out how to get started: (513) 340-7200

Community Spotlight: The Courtyards of Terrace Ridge

Community Spotlight: The Courtyards of Terrace Ridge

Community Spotlight: The Courtyards of Terrace Ridge

The Courtyards of Terrace Ridge features single-family ranch style homes in a community in Milford, Ohio. Terrace Ridge homes for sale in Milford, Ohio boast green space and walking paths which are accessible to all families in the community. Near I-275 and minutes away from Cincinnati, Terrace Ridge is a unique, friendly, and welcoming community in which to build a home and grow your family. Milford is a unique community with close proximity to Cincinnati and yet has a laid-back lifestyle with opportunities for outdoor recreation along the Little Miami Scenic Bike Trail. Valley View is also nearby, with 150 acres of nature preserve to explore. There is something for everyone to enjoy.

Why People Love The Courtyards of Terrace Ridge

Maintenance-free yards are just one of the great amenities available for families who buy a home here. With close proximity to Cincinnati shopping and dining, it is hard to beat having a quiet residential community with an excellent school district right in the backyard. Young families will enjoy all Milford has to offer, including a safe area for kids to play and minimal traffic in and out of Terrace Ridge. The city of Milford provides a supportive and vibrant business atmosphere with a small town feel that will appeal to families. The community features historic homes and commercial districts amongst quiet, rural living that’s close enough to bigger towns and cities. Terrace Ridge is part of a historic, charming community with accessible natural spaces which is what makes it the perfect place to raise a family and settle down.

Design Your Home with Brookstone

Available home designs in the Parkland Meadows community are varied, with many exterior design options from which to choose your favorite. The designs include:

Laurel: features over 1,500 square feet, including 2-4 bedrooms, and 2-3 bathrooms with various selections available. Families will love the spacious living area and kitchen for dining.

Reily: features over 1,100 square feet of space, including 2-4 bedrooms and 2-4 bathrooms, with various options available. The great room opens to a dining and kitchen area, perfect for spending mornings or evenings with family.

Shawnee: features 1,600 square feet including 3 bedrooms, 2 bathrooms. The optional master bath and powder room can be added for family or guests to create a cozy atmosphere.

Springfield: features over 1,400 square feet which includes 3 bedrooms, 2 bathrooms. Award-winning design features master suite with walk-in closet and optional second floor plan for extra room for guests and family or office space.

Sycamore: features over 1,700 square feet of space including 3 bedrooms, 2 bathrooms with 1,200 square feet of space available for a finished lower level to entertain guests or host family gatherings in a cozy environment.

Wyoming: features over 1,600 square feet including 3 bedrooms, 2.5 bathrooms. The open floor plan boasts a kitchen, dining and family room for sharing with family and friends

 

 

Brookstone Homes is ready to build the custom home of your dreams in The Courtyards of Terrace Ridge or one of our other premier communities. If you are ready to build a signature home, call us. We can help you design and build a home that will suit all your needs: (513) 340-7200.

What Home Builders in Cincinnati are Charging for New Homes

What Home Builders in Cincinnati are Charging for New Homes

What Home Builders in Cincinnati are Charging for New Homes

Building a new home comes with lots of options and opportunities. Home builders in Cincinnati, like the team here at Brookstone Homes, are creating custom, dream homes for families that are comparable in cost to existing homes and even saving the consumer money in the end. The in-depth process of deciding how to price out new homes helps cement a family’s budget. Learn about cost estimates for building a new house and how to pinch pennies along the way to get that desired home built within budget.

New Home Cost Estimates

Home costs vary, depending on the type of home being built. Single-family or detached, the construction of a building makes a difference when looking at costs as well as any added extras, lot size, and materials used. Detached homes are considered standalone structures. Due to the unique construction, costs of standalone homes cannot be applied to duplex or townhome construction. Single-family homes range in price with varying costs for amenities. Our home designs at Brookstone start with a base price for the starting structure, and then we can adjust for your preferred features and customization. Our architects are great at helping you get the most out of your budget.

Custom Home Construction

Custom home construction allows a family to create a home that meets exact specifications for aesthetic and functionality purposes. Custom builds often require services from a residential architect. Hiring design professionals can range from five to 15 percent of a family’s construction costs. Homes typically range between $100-$400 per square foot. Location and materials will play a major role in the price of a custom home. Tiny homes are popular these days but families are often most interested in larger custom homes. Downsized dwellings can often offer personalized touches with lower price points.

Modular and Prefab Homes

Prefabricated homes are manufactured off site and assembled on location. While prefab homes may offer a lower price point for families just starting out, they often lack the custom specifications needed to fulfil a family’s needs. Brookstone Home builders in Cincinnati is eager to help families find the best value for their long term investment in customizing a new home construction over opting for modular or prefab homes.

Material Costs

Home materials are a crucial part of the process. The cost will vary but can range depending on the type of machines used to come in and level the property, among other things. Machine costs range between $70-$90 per hour.  We have long-standing relationships with material providers that allow us to get great deals on top quality building materials for each and every Brookstone home.

Labor Costs

Labor costs will vary according to the pro and size of complexity of the home. Large, custom-built homes will have a higher labor cost than smaller modular homes. The cost to hire architects and engineers will also vary based on location:

    • Architects: $60-$125/hour
    • Engineers: $100-$150/hour
    • Land Surveyors: $300-$700

 

 

The great benefit of building with Brookstone is we have all of that covered in the fixed cost of your new home, and our overhead is more streamlined and cost effective because we build homes every day.

Home Costs

The cost of completing a home varies depending on many factors but can include the following:

 

  • Foundation: $4,000-$12,000
  • Framing: $1,500 to $6,500
  • Exterior finishes: $40,000-$60,000
  • Systems installation: $30,000-$50,000
  • Interior finishing: anywhere up to $85,000

 

Building a custom home is a serious investment, but it does not have to bust a budget. Brookstone home builders in Cincinnati can help decide what options are best for a family to create the best custom home within your budget.

 

 

If you’re ready to build a custom home of your dreams, call Brookstone Homes. We will help you decide what fits in your budget to make sure you get the amenities and features you desire to make the home suit your needs.

Call us to find out how to get started: (513) 340-7200

Featured Home Design: The Chase Floor Plan

Featured Home Design: The Chase Floor Plan

Featured Home Design: The Chase Floor Plan

Here at Brookstone Homes, we offer our signature home designs and award-winning floor plans to suit your desires and dreams for your next home. One of the homes we feature is the Chase design. Each of our signature home designs come with a variety of elevations and styles.

What Makes Chase Unique

Explore the benefits of enjoying one of our signature home designs with the Chase floor plan. There are many benefits both inside and out that will be exciting to families who want lots of space and room to grow.

Exterior

The Chase floor plan is our award-winning home design and floor plan. The front landscaping sets Chase apart from other signature home designs. The exterior includes beautiful brick design with siding that accentuates the welcoming front porch which leads into a cozy front entry. With four elevations to choose from, families have many dream designs on the table for consideration. The overall layout offers over 2,000 square feet of space to share with family, friends, and guests who come for a visit.

Interior

The Chase floor plan provides a cozy, intimate atmosphere inside the kitchen and dining area. With an optional bay window, families will enjoy a quiet nook to sit and read, drink coffee or tea, and take a moment to eat before starting or ending the day with a view. Three beds and 2.5 baths provide families with lots of space to relax and enjoy privacy while having room to move around. A large master suite with sitting room is available on the second floor to sit and read a book quietly, do homework or relax after a long day at work. Each guest bedroom also boasts a walk-in closet for storage. Families who love to entertain can choose the option of a basement for family, friends, and loved ones to watch movies or celebrate family holidays.

Building Your Dream Home with the Chase Home Design

Brookstone knows people and we know custom home design. Our award-winning projects deliver families a beautiful, finished home at affordable prices. Our team, including owner Shannon Lachenman, work tirelessly to provide what customers want and desire in a signature home design. We provide experience built off of five generations of home building. Our expertise and passion are unsurpassed in the Cincinnati area. We are excited to help you build the dream home you have always wanted!

 

 

Whether you are interested in one of our signature home designs, like the Chase, or want to consult with one of our premier architects, we are here to help create the custom home of your dreams. We bring passion and excellence to the home building process.

Call us today to get started: (513) 340-7200