Renovating VS New Build

Another question that is often asked of us when people move is whether they should go for a new build property or more of a project. The answer is that it really depends on the individual, and what your priorities are for your new property.

We have had a think about some of the benefits of choosing new build or a fixer upper, take a look, we hope we can help you to come to the right decision for you and your needs.

Three benefits of New Build

 1. No dodgy DIY

1. No dodgy DIY

One of the major benefits of choosing a new build property over a project property is that everything is done for you. You won’t have to spend any of your weekends painting, sanding or fixing if you don’t want to. It can be hard to think how you can make a new build your own, but if you find a property before it has been finished, the developers will often let you pick your finishes.

2. Generally more cost effective


Although new build properties can have a higher upfront cost, the running costs of a new home are often much lower. The newest insulation technology and large windows are usually used by developers, so heating and electricity costs are often much lower for these properties.

3. Ready when you are

3. Ready when you are

One of the great things about a new build property is that there is no having to wait for current owners to complete on their new home, so the only chain you have to worry about is the person buying your property (if you have one to sell). If you choose a new build home it will be completely finished and ready for you to move into whenever you are ready.

Three benefits of a Fixer Upper

1. You can really make it your own

1. You can really make it your own

The great thing about renovating a property is that you can really make it feel like your own. Of course the more you strip back the property, the more decisions you get to make, but whether you are knocking down walls, putting in a new kitchen or choosing plug sockets, any renovation work gives you the opportunity to add your style to a property.

2. Potential for profit


Renovating a property can be a lot of hard work and long days, it can also feel like it is burning through money. Although your upfront costs might seem big, renovation properties can reap huge monetary rewards when it comes to selling in future. Try to budget and plan your projects to have an approximate cost in your mind before starting any renovation works.

3. Pick your dream location

3. Pick your dream location

If for you and your family it is all about location, location, location then you might be struggling to find a property in the area that you really want to live in. Whether the location that you like is really popular or expensive, choosing to renovate a property might mean that you have more options to pick from and can afford more for your money, you can also split the renovating costs over a longer period of time.