Registering a land and constructing your house is no longer a dream beyond your financial scope. House and land packages are setting a right path for home buyers.
If you are finalising one great deal, you must start with understanding the key features. Because it is highly likely to confuse a good deal with a bad one, notes McCourt Property Management Solutions company.
And to prevent this confusion, finding a great location, custom house design, suitable price, additional perks, and financing options is the key. In this blog, you will realise everything about the house & land packages to compare a deal with the right approach. So, keep reading it till the end.
Understanding House and Land Packages
House and land packages help you to buy land and a house together at one cost. You are choosing a lot, picking a suitable house design, and leaving the rest to your builder.
Conveniently, this bundled deal is only available from builders who are flexible with changes in house plans. Compromising on a house or floor plan is now a thing of the past. The idea behind this package is to resonate your home with your vision.
Whether it is making subtle changes in a current layout or creating a new house design altogether, house & land packages is an ideal solution.
Package Benefits You Can’t Neglect
Let’s discover the advantages of choosing house & land packages .
You are relieved from the hassle of purchasing a land. You don’t have to hire a real estate agent or auction for securing a land. There is no requirement for site inspection and land registration. Simply sign a separate contract for land purchase under house and land construction package.
Home and land packages are a 6-12 months of a contract. Moving forward with this deal is pretty convenient for first-time homeowners or investors. It cuts the lengthy timeframe, which is particularly helpful if you are facing never-ending construction delays.
The house & land packages are highly attractive to get a customized home. That too, at a fraction of the cost of buying a land & house separately. Imagine paying only once for the land and house construction without letting go of your preferences. Bonus point to add here is the extra savings on stamp duty. You just need to pay tax on the land and forego the entire build.
Customising a house as per your needs and preferences is an unfulfilled dream for many homeowners. Sometimes, the high-end costs of customisation fuels a vote for no-no. The other times the inflexible builders restrict your idea.
Guide for Comparing Different House and Land Packages
Here are some factors to consider when choosing a house & land package.
Think about the goal behind purchasing a home. Do you want to live in an urban locality or remote region? Are you planning a family in the near future? You have to choose a house close to parks, schools, and hospitals.
Don’t forget to consider future growth of the area. Homes in good and developing localities appreciate in value over time.
Your builder is going to present plenty of house designs. You can either choose the one that picks your needs and preferences. Or, you also have the option to request subtle changes in house design. Customising a complete house design is a great alternative too.
Your home layout, square feet area of the individual spaces, fixtures, and other parameters plays a big role in setting a right foundation.
The primary idea behind finalising one of the best house and land packages is to reduce more and more costs. Maintaining a good balance of budget and house design is the key.
Consider the long-term value of the house to measure its worth. If the house is going to provide long-term security, it is wise to consider a buffer budget as well.
House and land combined deals also come with Turnkey packages. This type of package is suitable for home buyers who want a ready-to-shift house. This, however, carries a fixed price point.
Some builders also offer promotional packages or partner upgrade packages. Promotional packages extend additional features or improvements at no or discounted cost. This often involves upgraded appliances or premium finishes.
Last but not the least point to remember when deciding on a best deal is the builder’s credibility. Good reviews, testimonials, and case studies of your chosen builder is the key. Keep in mind that financing a home is a great option if your builder is assisting with the same.
Final Words
We hope you found this blog useful. As you see, house and land packages are ideal choices for first-time home buyers. Even seasoned investors are moving towards these cost-saving packages.
Remember, the key is to focus on transparency. Even though the package has clear costs, it is wise to inquire about the final prices beforehand. Promotional offers are not misleading; unless you forget to verify the inclusions with the actual contract.
Consider Shri Homes, a custom home builder , for their exceptional house designs, house and land packages, and display homes.
