Most people are quite surprised when they learn that building is like buying wholesale. It’s true, all things being equal, building can save you money. It’s similar in that often, your new built home will be worth more than it cost you to build it, thus creating instant equity.
Building in the right spot, following a few basic guidelines could save you up to $60,000.
Did you know when you buy an existing home for $350,000, you’ll pay up to $16,000 in stamp duty on top of that price? But, when you build a home you only pay stamp duty on the cost of the land. Using this example you’d save $12,000 in stamp duty alone. And that’s only the beginning.
At Build In Colac, we’re not builders. We are advocates for Home Building in Colac and we get you started on your home building journey with the builder YOU choose. If you are interested in building, be it upgrading, downsizing or investing in property, then get in touch at [email protected] or 0407 889 458 and we will get you moving in the right direction.
If you’re in your ‘homework’ phase when it comes to buying real estate, take the time to learn the advantages of home building and call us anytime to discuss. We also recommend visiting our sister site Build in Oz, created to help you plan your dream home.