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Custom Home vs. Existing Home: Comparing Benefits in Bend, Oregon

Tom Sawyer • 2 January 2024

The picturesque town of Bend, Oregon, has become a highly sought-after destination for homeowners, offering an appealing blend of natural beauty, outdoor recreational opportunities, and modern amenities. When considering a move to Bend, the decision between building a custom home or purchasing an existing property can be a challenging one.


Each option presents its own unique set of advantages and opportunities, making it essential to explore both pathways and thoroughly evaluate which choice aligns best with your needs, preferences, and lifestyle.


In this comprehensive comparison, we'll delve into the benefits of building a custom home versus buying an existing home in Bend, Oregon. Through careful examination of factors such as personalization, design flexibility, energy efficiency, and long-term value, we'll simplify your decision-making process and empower you to make an informed choice about your future home in Bend.


Personalization and Design Flexibility


One of the most significant advantages of building a custom home is the ability to personalize and tailor your living space to precisely accommodate your needs, preferences, and lifestyle. From selecting the ideal floor plan and layout to choosing finishes, materials, and colors, every aspect of your home will reflect your unique tastes and requirements.


On the other hand, when purchasing an existing home, the available options are limited to what's on the market at the time of your search. The process of finding a home that closely matches your ideal vision may be challenging and often requires some level of compromise. While renovations can be undertaken for greater personalization, these efforts typically involve substantial time and financial investments.


Energy Efficiency and Sustainability


Custom homes offer numerous opportunities for incorporating energy-efficient materials and systems, leading to a reduced ecological footprint and ongoing utility cost savings. According to the U.S. Department of Energy, newly constructed homes can be built solar-ready, significantly reducing the cost and complexity of integrating solar panels in the future. In addition, advances in insulation, window technology, and HVAC systems have resulted in heightened energy efficiency and improved indoor air quality for newly built homes.


In contrast, existing homes may have dated systems and materials that can contribute to higher energy costs and reduced environmental sustainability. Retrofitting older homes with energy-efficient upgrades can be a worthwhile investment but can often be a costly and time-consuming endeavor.


Maintenance and Long-term Value


Building a custom home means starting fresh with brand-new systems, appliances, and structural components, which generally translates to fewer maintenance issues and repairs in the short term. When designing a custom home, you have the opportunity to choose materials and systems that offer proven longevity and durability, further reducing the potential for costly future repairs.


Existing homes, particularly older properties, may require more extensive maintenance efforts and expenditures due to aging systems and materials. Furthermore, older homes may lack modern safety features and building code compliance, requiring additional investments to bring them up to current standards.


Despite the higher upfront costs associated with custom home construction, the long-term reduction in maintenance expenses and increased energy efficiency can contribute to a higher overall value over time. According to a study by the National Association of Home Builders, newly built homes were found to appreciate at a higher rate than existing homes, contributing to increased resale value.


Location and Lot Selection


Another benefit of building a custom home in Bend, Oregon, is the opportunity to choose the ideal location and lot for your future residence. Whether you desire stunning mountain views, river access, or a particular neighborhood or school district, building a custom home affords you greater control over the selection of your property based on your preferences and requirements.


When purchasing an existing home, the available options are limited to what's currently on the market, and you may need to compromise on location or lot features. You may also encounter competitive bidding scenarios due to the high demand for prime real estate in desirable Bend neighborhoods, potentially driving up the cost of acquiring the property.


Financing Options and Government Incentives


Building a custom home can also present unique financing options and government incentives aimed at encouraging the construction of new properties. Many lenders and financial institutions offer construction loans tailored to custom home projects, providing added flexibility and convenience when financing the build.


In addition to financing options, there may be federal and state incentives available for incorporating sustainable and energy-efficient technologies into your custom home design. For example, the Federal Investment Tax Credit (ITC) allows homeowners to claim a tax credit for up to 26% of the installed cost of solar energy systems, promoting the adoption of renewable energy sources in newly built custom homes.


While these benefits and opportunities are unique to custom home construction, it is essential to consider that the overall cost and timeline for building a custom home may be higher compared to purchasing an existing property in Bend, Oregon. However, the advantages of personalization, design flexibility, energy efficiency, and long-term value can make building a custom home an attractive and worthwhile option for many prospective homeowners.


Make Your Dream Bend, Oregon Home a Reality


Building a custom home in Bend, Oregon, presents unique benefits and opportunities, such as complete personalization, increased energy efficiency, and long-term value. While the process may involve a substantial investment of time and resources, the result is a one-of-a-kind living space tailored to suit your individual needs and preferences. Mountain High Builders, with their expertise and professionalism, can guide you through the custom home building journey, transforming your dream into reality.


Looking for trusted new home builders in Bend, Oregon? Look no further than Mountain High Builders! Our experienced team is dedicated to making the custom home building process seamless and rewarding. From lot selection to finishing touches, we're here to help you create the exceptional, future-proof home you've always dreamed of. Contact us today to schedule a consultation and learn more about our custom home building services in Bend, Oregon. Let's turn your vision into a reality!

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