With plenty of resales and foreclosed homes still on the market, it can be easy to forget that building a new-construction home in Chicago from the ground up is still an option.
Thanks to builder incentives and home warrantees (things lacking in a foreclosed home), new-construction homes can cost a buyer less than a resale or foreclosure. But there are some things that even money can’t buy – like peace of mind.
- Choice of floor plan: When building from the ground up, buyers are in the driver’s seat regarding the design and price of their home. They can choose a ranch or two-story plan, add extra rooms and design the home around their needs, such as opting for a first-floor master suite or second-floor laundry room.
- Selecting interior finishes: The freedom of choice truly goes to buyers who build from the ground up. All interior finishes, from lighting and flooring to cabinet stain and countertop material, are chosen by the buyer to create a truly personalized home.
- Selecting exterior finishes: In addition to choosing the home’s architectural style and elevation, buyers who build from the ground up also can select their exterior finishes, such as brick, stone or cedar siding. Front porch styles and window pane patterns can also be chosen..
- Choosing a home site: In a new-home development, buyers can select the home site that meets their needs – whether it’s one with a large backyard or one with easy access to a neighboring golf course.
- Emotional connection to the home and community: Buyers receive an immense sense of pride and satisfaction when they opt to build a home from the ground up because they are so involved in the design and construction process of their home. Plus, they develop a strong connection to the community because they frequently visit the home site and get to know neighbors.