Building a home may be your ideal choice. There is nothing better than the feeling of knowing that your home has that personal touch; made just for you and your family. Here are a few things that you should keep in mind:
Building gives you the ability to own your dream home, just the way you like it! You can set your budget and determine layout, design and material with your architect/ builder. Providing that you have an honest, efficient work team on your side, building your home can prove to be a worthwhile option.
Despite the feeling of pride and ownership that building your home can evoke, there are some downsides to consider. You may experience cost over runs, delays and other challenges that can be highly stressful. Building your home requires your dedicated oversight, to ensure that your needs and requests are being fulfilled. If you reside abroad, this may present a challenge. Overall, if you own land in a good location, and have the time to commit to overseeing the construction process, then building your home may be your preferred approach, and Co-op Bank is here to help!