You’ve heard the questions before: “Should I buy a house or build my own?” or “Should I buy a new house or build an older one?” The answers are, of course, not as simple as they seem.

Buying a home, or building a new one, is a big investment. And the real estate market in Texas has been going through a bit of a roller coaster lately, as a result. While that may not be good news for those in the market for a home, it can be good news for those who are in the process of building a home.

But if you are in the market for a new home, you have to ask yourself, is it smarter to buy or build a house in Austin, TX?

Here are some of the pros and cons of building versus buying a home:

Buying a home is a Long-Term Commitment.

Buying a home is a long-term commitment. When you buy a home, you’re making a large investment in real estate. And you’re essentially committing to living in that home for at least seven to ten years.

While that’s a commitment you can make to yourself, it’s not something you can make to your spouse, family, or friends. So, you need to be ready to make a commitment to a place, and the people in it, that you’ll be living in for the next decade.

If you’re ready to make that commitment, then buying a home is a good choice. But, if you’re not sure if you’re ready to make a commitment to a home, and the people in it, for the next decade, then it may be better to build your own with the best Austin home builders.

You’ll be able to make a Bigger down Payment.

You’ll be able to make a bigger down payment. When you buy a home, you’re paying cash for it. And you’re making a smaller down payment than you would if you were buying a home with a mortgage.

When you build a home, you’re usually building with a home loan. And the home you’re building is the equity you’ll be using as a down payment on the home you’re buying.

That means you’ll have more money in your pocket to put towards a down payment on a home. And if you’re ready to make a bigger down payment, that can make a big difference in whether or not you buy a home.

You’ll have more Flexibility in the Home’s Design.

You’ll have more flexibility in the home’s design. While you can buy a home that’s been built to your specifications, you can’t build a home to your specifications.

When you build a home, you can make changes as you go along. If you want a smaller home, or a larger one, you can make those changes. You can make those changes, and you can make those changes as often as you want.

While you can’t change the design of a home you buy, you can’t change the design of a home you build, either.

You can’t add things like a garage, or an extra room, without changing the plans for the home