When it comes to buying your first house, deciding whether to buy an existing home or build one from scratch can be tough, especially with so many factors to consider.
RCP Group provides a once-in-a-lifetime opportunity for first-time home purchasers to create a high-quality house at a reasonable price.
So, why should you build a new home rather than buying an existing one?
Stamp duty is saved.
You only have to pay stamp duty on the price of the land when you acquire it and build on it. When you acquire an existing home, though, you must pay stamp duty on both the house and the land. As a result, when it comes to stamp duty, building your own home is more cost effective.
Maintenance costs are lower.
Because a brand-new home is brand-new, it’s unlikely that you’ll have to spend money on repairs or renovations in the first few years of owning it. Established properties are more likely to require more upkeep or upgrades, resulting in higher maintenance costs.
Better Location
When you buy land and decide to build on it, you’re most likely doing so in a family-oriented or masterplanned neighbourhood. This implies that parks, amenities, and stores will be within walking distance, boosting living options. RCP Group’s house and land packages are positioned in Melbourne’s west, north, and south-east growth areas, in well-located and well-designed estates.
Sustainability
New dwellings must adhere to various environmental requirements. This means you’ll be living in a more cost-effective and environmentally friendly house, which means lower expenses are on the way! Arden is committed to offering our customers with environmentally friendly, energy-efficient, and cost-effective living options.
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