Buying land to building Vs. Buying a ready House
Are you in the land market for a new home in Kenya? One of the biggest decisions you’ll face is whether to buy land and build a house or buy an already built house.
Both options have their pros and cons, ranging from customization and cost-effectiveness to legal complexities and unexpected expenses.
We’ll explore the differences between buying land in Kenya to build a house versus buying an already built house, and the various factors you need to consider before making a decision.
Whether you’re a first-time buyer or a seasoned investor, read on to discover the best option for your lifestyle and budget.
Pricing
Generally, buying land in Kenya to build a house is cheaper than buying an already built house.
However, this also depends on the location and size of the land and the type of house you want to build.
Buying an already built house can be more expensive because the cost of the land, building materials, and labor has already been included in the price.
Customization
Buying land to build a house allows you to have more control over the design and construction of your home.
You can customize the layout, size, and features of the house to meet your specific needs and preferences.
When buying an already built house, you may have to adhere with the existing design and features, or pay extra to make changes.
Timeframe
Building a house on your own land can take longer than buying an already built house.
The construction process can take several months to a year, depending on the size and complexity of the house.
On the other hand, buying an already built house can be a quicker process, and you can move in as soon as the transaction is complete.
Infrastructure
When buying land to build a house, you may need to invest in infrastructure such as water, electricity, and roads.
This can add to the overall cost and time required to complete the project.
In contrast, buying an already built house usually means that the infrastructure is already in place.
Resale value
The resale value of a house depends on various factors, including the location, size, and condition of the property.
Generally, a well-designed and well-built house on a prime location like Kikuyu can have a higher resale value than an older house that may require renovations.
In summary, buying land in Kenya to build a house offers more flexibility and customization options, as well as potential cost saving opportunities compared to buying an already built house.
However, building a home also comes with challenges such as legal requirements, potential delays, and unforeseen expenses.
It is important to work with experienced professionals like Amcco Properties Limited to navigate these challenges and create your dream home.
If and when you are ready for a unique and rewarding land buying to home-building journey, call Amcco Properties Limited at 0701293199 to get started today.
