Will you be buying your Vail Valley Home or Building? Many buyers contemplate buying vs building here in Vail. There are advantages and disadvantages of both, so read to find out which decision is right for you!
Building Your Vail Valley Home
Are you set on building your dream home here in Vail Valley? If so, I can help you. Let’s find your dream location and an architect to help you plan it out. That’s the first step. Talk with an architect and get a good idea about what the costs will be. Location and the type of lot you are looking at can alter the price.
What type of costs should you expect? Architect fees, materials, furniture, landscaping, cost of land, driveway, etc. There are many costs when it comes to building your home, even more when you are building in the mountains. Mountain homes can have many different qualities to them that the typical suburban home does not. This can include a mud room, in-floor heat, a second living area, vaulted ceilings and stone fireplaces. This list goes on and on. And it all adds up.
Building your dream home may be very exciting, but you need to remember that it can get very pricey. If you love to customize everything and make it look like ‘you’, time and money will not be your friend. If money is no object, then you got this! You will need to be patient as your home could not be ready for months or years, especially in the mountains with supplies and weather. It all just depends, so talking with an architect/builder will help you get a better idea.
Buying Your Vail Valley Home
Convenience is a huge advantage when buying your Vail Valley home. Typically, it is quicker to purchase your home, compared to building here. It can take months to build your dream home. Instead you could be moving into a move-in ready home in a month!
If you are buying your home here, you have the opportunity to bargain with the sellers, meaning it could actually save you money in the beginning. Especially if you aren’t customizing your dream home, like you would be if you were building. That could also be a downfall though. If you’re someone who is very big into customization, you won’t have near as much opportunity to get exactly what you want in your home. It can be harder to find the ‘perfect home’. And if you do end up buying a home and want to customize the whole home to your taste, this will cost you a lot more down the road.
Compared to a home you are building, maintenance costs can be higher because it’s not brand new. You will need to look at the differences because both options have extra costs. It’s really dependant on the home you are looking at vs building. Either way, I’d love to help you decide whether to build or buy your dream home here in Vail Valley!
Final Thoughts and How Can I Help You?
Vail is a great place to build or buy your dream home! If you’re also looking to sell your home, reach out to me! I can help you! I hope this article has shown you that I am a knowledgeable real estate agent who wants to help you and give as much information as possible. I want to provide my clients with interesting and up-to-date information so they can make informed decisions. If you think that my expertise and positive attitude might be of service to you don’t hesitate to reach out and contact me.
Would you like more information on the Vail Valley/Cordillera area or the real estate market specifically? To receive my detailed monthly market report immediately, click here!
Robert Schilling
Coldwell Banker Global Luxury Specialist
Coldwell Banker Distinctive Properties
(970) 390-0705
[email protected]