7:18 am - Wednesday February 21, 2018

First Home Buyers, You Can Get What You Want For The Right Price

After the recent slump, the Australian real estate market is showing signs of recovery and even growth, making this an excellent time to buy a house. Under these circumstances, why keep renting? Before prices and interest rates begin to rise again, buyers can take advantage of low interest rates plus incentives offered by builders to stretch their budgets even further, especially for new homes. There has never been a better time to buy your first house.

Builders Compete For Your Business

As the demand for new houses continues to increase, builders are offering a variety of incentives to attract your business, meaning that first home buyers who want to build a house can stretch their money further than ever before. Discounted prices and special features mean that purchasers can get a great house for less money.

Before making a decision, shop around with different builders to learn about various floor plans, pricing, and special offers. After all, there are countless details to consider when building a house. Find a reputable builder who can provide special touches, such as solar systems, extra storage or ducted vacuum systems at lower costs than their competitors. Don’t be afraid to bargain! In order to appeal to buyers, a building company may be willing to match the rates of their lower-priced rivals.

Design Your House to Fit Your Needs

Unlike renting, which requires the tenant to make do with whatever is available, purchasing a brand-new home offers buyers the opportunity to design a residence that exactly fits their needs. Rather than moving repeatedly as a family grows and incurring the expense and inconvenience associated with multiple rentals, consider working with a contractor to build the house of your dreams so that you can stay in one place. Be sure to consider factors such as storage, interior design and colour schemes, and exterior lighting. First-time buyers are often surprised at the number of options available. Take the time to consider future needs for space, entertaining, and overnight guests as you work with your home builder to create a design you will enjoy for many years.

Budgeting For First Home Buyers

Budgets are important for all families. Potential buyers can make the most of the investment by creating a budget that accounts for all living expenses, including the mortgage. Determine how much it will cost on a monthly basis to own a home and create a budget based on that amount. Then practice living within that budget before making the purchase to see if it will be workable.

Before looking for new houses, first home buyers should determine a budget and find a reputable builder. Finding the right house on a budget means knowing what you want ahead of time and working with a reputable builder, or experienced masonry company to make your dreams come true. With the recent improvement in the housing market, now is the perfect time to stop renting and find the perfect new home.

Easystart Homes has been helping first home buyers in WA find and finance homes for many years. In this article, Easystart Homes offers budgetary tips for the first home buyer in Perth. To learn more about affordable new homes in Perth, visit http://www.easystarthomes.com.au/ to see what options are available to you.

Filed in: Construction

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