If you’re in the early stages of building a modular home, you may be asking yourself what comes first: buying land or choosing your house design?
This is a common question, and while there is no definitive answer, the best choice for you will depend on your priorities. There are some compelling arguments for buying your block first, but there are also situations when choosing your design first is the smarter option.
Here are some important considerations that will help you decide if land or design should come first for you.
If location is a top priority, then finding your block first is the best bet. Maybe you have your heart set on a certain suburb or town, or you want to live close to family, friends, work or school. Where you live has a huge impact on so many aspects of your life, and it’s rarely a good place to compromise. If you have budget limitations, you’re better off securing land in your location of choice, and if necessary, exploring other options to reduce the cost of your home.
Making the most of your home’s orientation brings many long-term benefits. When you can position your home and design the floorplan to take advantage of the sun’s movement across your block, you’ll take advantage of natural warmth and light. You’ll rely less on artificial lighting, heating and cooling, which means your home will be brighter and you’ll save money on your power bills. Knowing the lay of your land before the design process starts makes it easier to make the most of these benefits.
The pleasure of waking to a nice view every day from your window or decking should not be underestimated. If you plan to live somewhere picturesque, choosing a floorplan that maximises the views can add significant value and enhance the enjoyment of your new home.
When building a new house, timing is always a factor. If you’ve found the perfect block, it’s likely others have spotted it too, so in this case snapping up the land first would be the smart option. On the other hand, if you’re needing to build and occupy your home as soon as possible, getting the design process started while you search for the perfect block can help speed up the overall process.
If your budget isn’t quite going to stretch far enough to buy your land and your home, you can opt to buy your land first, then leave it sit while you save or source additional funds to complete your project. This can be a good option for first home buyers who are trying to enter the market.
If you have specific design requirements for your new home, locking in your floorplan first is a good idea. That way, you can see upfront what your new home will cost to build and know exactly what you have left in your budget to spend on your land.
Final Word on Buying Land or Choosing Your Home First
While most considerations point to buying land first, always be guided by your personal circumstances. If in doubt, chat to your builder of choice for some expert advice.
If you have your eye on a block, it’s a good idea to discuss the land with your builder before you commit to the sale. They can do some research into services, overlays and bushfire risk, to help you understand any hidden costs that might be attached. Taking this extra step can save you time, money and a mountain of headaches.
Over to You
Have a question or need advice on buying land or choosing a home first? We’re happy to help and would love to hear from you!
Project Consultant at Anchor Homes