In a new home, the customization costs can be rolled into the overall home mortgage, possibly costing a fraction less than the out-of-pocket costs for a remodel. In turn, building a custom home may look more attractive to some buyers.
Building a custom luxury home from scratch or choosing to remodel an existing home is tough and stressful decision to make and we understand that.
First, building a new custom home requires a lot of patience, excellent communication with your general contractor and many cases there are multiple delays for unforeseen factors. Both options allow you to achieve the home of your dreams, but how do you decide which path is right for you?
When deciding whether to build new or remodel an existing home, choosing a location is one of the most important factors in choose a home. You can’t change the location of your home. If your current home has a fantastic location, but a dated interior; it goes without saying it’s likely a good idea to remodel with a trusted certified general contractor.
When choosing a home to renovate, you have to take into account location carefully, looking at what is going on in the neighborhood ie are other homes undergoing renovations? It’s important to enlist a Realtor to pull comparables for your community or neighborhood. It’s very important to pay close attention to the quality of finishes on the renovations completed.
Depending on the level of renovation planned or needed, the home could risk becoming over-valued for the neighborhood if not built consistent with the other homes. Another words, you don’t want to be the highest priced home on the street!
Many of the dated homes built in SWFL don’t have the design features that today’s homes do. Is it possible to renovate it the way you want? In most cases, Absolutely! There are some instances where the home may have to undergo such a significant alteration that it may be better to tear the home down, and start over fresh with a brand new custom build.
Some people enjoy the challenge of renovating a home or like the idea some cases welcome the ups and downs that renovations bring with them. However, if it’s just a matter of getting what you want in a home, you need to consider which trade-offs are acceptable to you, such as making concessions such as: for load-bearing walls or replacing old floor joists to handle a new tile floor.
One factor that must be considered when remodeling is, there’s a life span in which a renovation will last (design trends/styles frequently change) both interior and exterior, and factor the cost of renovating. In the long run will it be worthwhile? That’s a decision that is made on a case by case basis.
As mentioned earlier in this post, with renovation comes hiring a reputable and certified general contractor and other necessary experts, such as an architect, interior designer and landscaper, but by building a new home, all of those roles are generally handled in-house. With many years of experience, our clients at KTS Homes choose to be very involved; this also comes highly recommended by our staff. It is also paramount, that you communicate effectively and openly with your builder or general contractor. This will eliminate any surprises later in the process.
In our experience, luxury buyers don’t have the time or energy to focus on all of the details, this presents an advantage for new construction in that the builder handles all of the details for you; including progress reports, assigned staff members, who you will develop a close repore with, photography, conference calls and site visits.
As a luxury custom home builder, KTS Homes keeps the design experience under one roof, and our clients benefit from this by making a series of personal choices to there taste. Sometimes, we see that clients become overwhelmed when presented with such a vast array of options. In this case we ask the client what there style preference is and we can narrow down selections based on there preferences.
While both new construction and remodels can experience delays due to weather, back-ordered materials or other factors, having a contract for a new construction home imparts a certain amount of discipline to stay on track, both for client and builder.
At the end of the day, it’s really about the quality of life you’re looking for; there are many factors to be considered for renovations and building a new luxury custom home. For a design consultation, call us today to see how we can make your dreams come true!
KTS Homes is founded by Scott Kish II his extensive career in construction and architecture lend him the ability to build modern and contemporary homes throughout Southwest Florida. KTS homes currently develops and builds ‘on your lot’ throughout Naples, FL and in the following communities: Naples Reserve, Naples Club Estates, Seagate Villas and Certified to build in Twin Eagles.
Our strong customer focused approach, as well as commitment to the highest level of quality, craftsmanship and innovation in each and every home in unparalleled. KTS Homes has garnered multiple awards from the Collier Building Industry Association’s Parade of Homes, as well as several Aurora awards for their Newport model in Parrot Cay at Naples Reserve.
The company has in-depth knowledge of local markets, contacts as well as Scott Kish II serving on the SWFL local economic development board and active member of Naples Area Board of Realtors.