2021 is shaping up to be the year of the home builder! Spurred by the global pandemic and several grants from the state and federal governments. Homebuyers have turned their attention to new home builds as their way to enter the property market.
At No1 Property Guide, we’ve had more buyers enquiring about Darren Walters’ no or low deposit new home build options than ever before. So, we decided we should go over some of the benefits of building your dream home and why it’s the right choice for you.
One of the biggest reasons many home buyers look at building their home is the personalisation opportunities. A new home build brings a range of personalisation opportunities for years to come.
Building a new home means everything will be new and ideally exactly how you like it. But seeing as it’s your home, you’ll be free to paint your walls whatever colour you want. Or change your bathroom vanity if you decide you want a different style instead.
Personalising your home before and after the new home build is a driving force for why we have seen a spike in interest for our home building packages.
A New Home Build Means No Competition
If you’ve been looking at buying a home and attended a few auctions, this may seem pretty obvious. But there’s a lot of competition in the buying market at the moment. This not only makes it harder to buy a home, but it also drives the price up at the same time.
On the other hand, if you’re building a new home, once the block of land has been secured, you’ve got no competition at all. You own that land and no one else can build a house on it unless you let them! Of course, high demand for land around the country means there’s limited registered land available for most buyers.
No1 Property Guide works with land developers daily and we have access to a huge range of estates. Which makes it easier for us to find the right block of land for your new home. Complete our pre-qualification form to get an accurate assessment of your borrowing capacity and discover your new home options today.
Grants for New Home Builds
One of the biggest reasons so many buyers are looking at our no or low deposit new home builds is the grants available. Almost all states and territories have a First Home Owners Grant, providing funds to help get you into the market.
At No1 Property Guide, these grants, plus Darren Walters’ Deposit Boost, are what will get you approved for a fixed price full turnkey house and land package when traditional banks or lenders would turn you down.
Finally, many home buyers are looking at building their dream home simply because it’s more affordable than buying in the current market. Building a new home can actually be cheaper than buying an existing home in many areas. And, when combined with the various grants and Darren Walters’ no or low deposit system, can make the costs substantially better than renting in a similar area*.
Are you looking at building your home? Not sure where to begin? The first step at No1 Property Guide is to discover your borrowing capacity. This way you’ll know what your new home options are. Fill out our pre-qualification form to find out what you might be able to borrow, or contact one of our property specialists to discuss what house and land packages you might be able to buy.
*All information in this article is general in nature and reflects what we’ve seen historically. Costs and expenses can and will vary depending on location and home type. Consult with your lender before making any decisions.