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Are you ready to become a homeowner? If so, then you might be trying to decide between building your own custom home and purchasing a move-in ready home. Let’s look at some of the pros and cons of move-in ready homes so you can more easily make the decision.
A move-in ready home is often referred to as an “inventory home.” Its name reflects its definition perfectly, as a move-in ready home is merely a home that is ready for move-in immediately upon purchase. Sometimes, a move-in ready home may need 1 or 2 weeks for processing and final inspections before you can move in. However, at its core, a move-in ready home is intended for immediate use.
Of course, the biggest and most obvious benefit of a move-in ready home is that you can move in virtually as soon as you sign the papers. However, that isn’t the only benefit. Check out the following 5 benefits of buying a move-in ready home.
1. You don’t have to live in a construction zone.
While custom homes certainly offer their fair share of perks, you may find yourself living in the middle of a home renovation reality show. Yes, you can technically move into a home as long as it shelters you safely, but living in an incomplete building takes a toll on you. Buying a move-in ready home means that you can remodel later if you’d like, but you don’t have to live in a sea of plaster, paint, and screwdrivers.
2. Inventory homes are often located in great areas.
If you aren’t investing in a “fixer-upper,” chances are high that your inventory home of choice is located in a good neighborhood. After all, if you were building a home from scratch, would you willingly choose a bad neighborhood? The person before you probably didn’t either.
3. Most sellers include upgrades with a move-in ready home.
To boost the value of an inventory home, sellers will often upgrade appliances, flooring, paint, cabinetry, etc. to achieve a more modern and marketable look. So, most of the time, you aren’t losing any efficiency when you purchase a move-in ready home.
4. You have the opportunity to update and personalize your home.
Remember, just because it’s ready to go when you move in doesn’t mean you can’t change it to fit your style and personality. When you tour an inventory home, visualize potential changes and upgrades you would like to make.
5. Move-in ready homes are great investments for resale.
As you improve your home little by little, you are actually making important changes that will increase the building’s resale value. Inventory homes make wonderful investments.
The only disadvantage of moving into a ready-built home is that you don’t get to custom design it. However, for homebuyers who don’t care about custom building, move-in ready homes are great options with many financial benefits. Besides, you can always renovate as you see fit.
At Sheffield Homes, we have more than 40 years of experience to help guide you through the homebuilding and home buying process, every step of the way. Call us today at 303-420-0056 to begin planning your custom home in the Denver metro area or in northern Colorado.