When you're ready to start shopping for a new home, you usually have the option of looking at homes already on the market, or working with a custom home builder. There are pros and cons of each decision, but note the benefits of having a home built from the ground up rather than buying a home.
Flexibility for the future
Consider your needs for a home now as well as in the future. Are you looking to stay in the home even after you've reached retirement age? If so, you may want to have a master suite built on the first floor so that you don't need to use stairs to reach your bedroom when you get older. The upper story can easily be removed, or the flooring taken out for an elevated ceiling, and your family home then becomes a retirement home.
You might be thinking of starting a home-based business in the future, and a custom home builder can add an office with a separate entrance for clients to use, along with the electrical wiring you'll need for electronic equipment. By ensuring that your home is built with this type of flexibility for future plans, it will reduce the amount of renovation work that would need to be done to the home over the years.
Customizing a home's interior to suit your particular needs isn't always as easy as you might expect; working with a home builder to create those custom rooms can be the better option. For example, you might be a movie buff and would prefer a home theatre versus a third bedroom in the home, and having this theatre included in your plans can mean making it soundproof, completely blacked out, and with all the wiring needed to support your electronics. Whatever your needs for a custom room, a home builder can usually include them in the plans easier than trying to retrofit a home that's already been built.
You may not realize this, but having a new home built can be much faster than buying a home on the market! When you buy a home, you need to plan inspections, go through a negotiation process with the seller, and then the closing. The seller may also request another few weeks or more to actually vacate, adding to the time it takes before you can move in. When you work with a home builder, you may have your new home built within a matter of weeks, allowing you to take possession much sooner than if you bought a home on the market.