The real estate market has grown in leaps and bounds over the years and this indicates that many people incline towards home ownership. You might want to own one and you’re wondering which house to choose. No need to fret; this article will give details on the difference between custom and production homes. Relax and continue reading for insight into the best option to successfully build your dream home.
Defining a Custom Home
It’s one-of-a-kind or unique since it gets designed according to the owner’s preference. A custom home gets built from scratch. The homeowner, architect, custom builder, and other vital players must get involved in the construction process for a successful custom home. In most cases, the homeowner usually has ownership over the land, but there are times the land is actually the builder’s lot. This is a huge determiner in what you are able to build. Custom builders feature high-quality work and tend to focus on small or regional markets.
Defining a Production Home
This practice involves repeated use of a house design. They are common in neighborhoods built by large-volume home constructors. Such areas usually have a high population like the suburbs. Large tracts of land get subdivided to support the construction of the production homes. The production home lot is likely owned and constructed by a single production homebuilder. But not all large-volume production home builders have what it takes; you need to take precaution by choosing the right home builder.
Some production home constructors offer flexibility and create a room for change. Such homes are known as semi-custom homes where the buyer makes known their preferences regarding certain aspects of the house, and the homebuilder adjusts the home to accommodate the customer’s needs.
Benefits Derived From a Custom Home
• Choice – As a homeowner, you get to choose what you want in and about the home. You can change the building process at will to accommodate your preference. You get to decide the type of floor your custom home should have and the finishes of your house.
• Flexibility – Custom home owners are free to change their decision as they wish to suit their needs. Home interior and exterior styles are also many to choose from. A homeowner may decide on a method but later on, adjust to a better one depending on his/her preference or current fashion/trend. As a result, a custom home is usually a top-notch quality building with unique features.
Setbacks of a Custom Home
• More Time Spent in Construction – The more a homebuilder makes decisions, the more prone to errors they become. If you have to choose from a list of a thousand styles, then time is required. Taking down the previous style and installing a new one takes extra time. It is pertinent to put the proper time aside to make these decisions without haste.
• Extra Cost – More alterations and additions to the custom home mean more money to get spent. Mostly, the extra cash used is usually out of the budget, and the homebuilder needs to dig deeper into his/her pockets.
Why You Should Go For a Production Home?
• Pocket-Friendly – Production homes get made in different designs that come with a variety of prices. According to your budget, you get able to choose a house that you can afford. Besides, production homes share many things like space, thereby reducing the overall buying price.
• Time-saving – Unlike a custom home, the buyer finds a production home ready to occupy. He/she does not get involved in the building process. A custom home builder constructs the house from the ground.
Why Some People Disregard a Production Home?
• Homogeneous Nature – Production homes get made using one design over and over again. As a result, they are all similar! People have different tastes and may not like similarity and other aspects of the home.
• Non-Flexible – A production home comes as entirely built. It is therefore not possible to change what you do not like about the house. For example the finishing, floors, or design.
Both custom and production home are viable and your preference and needs should help you choose. You won’t want to go for a custom home if your wallet is empty. Also, why go for a production home when you need customized space, style, and can afford to build a custom house? Whatever your choice might be, ensure that it suits your budget and needs.