Skip to Content

31.52 Million Page Views

Why Now May be the Time to Build

This is a great time to build a home!

With the housing market in recovery mode and new residential construction on the rise a unique opportunity exists to take advantage of what are still comparatively low material and labor costs while enjoying accelerating appreciation. Whether it's a new home addition vacation home or a commercial property analysts agree that those who build now will realize the highest return on their initial investment.

Along with this upward trend material and labor costs are also expected to increase making today the perfect time to take advantage of this economic opportunity. Not only will you save money short-term in construction costs but by building now you'll make an investment that will yield a much higher return over time. Comparing the numbers real estate continues to be a better choice in investing your money than the stock market especially with recent market performance returns in mind.

There are many benefits to investing in real estate including leveraging your mortgage to amplify your ROI the consistency of real estate compared to the volatility of the stock market and bigger breaks on your taxes. According to a recent article from CNN Money "If you (or your mutual fund) hold a stock for more than a year before selling then you owe only a capital-gains tax that tops out at just 15 percent. Second you can offset any investment losses you realized against your gains on your income tax return.

Interest rates are lower than ever and material costs are remaining relatively steady for now. General contractors are available and hungry for any work they can get coming off of a two year building slump. "(According to the National Association of REALTORS) in April 2012 homes changed hands at a record pace of 7.2 million per year at a median price of $206000 up 15.1 percent from a year earlier. The last time home prices rose so fast in one year was in November 1980 when prices shot up 15.6 percent" says Forbes Magazine.

Making the wise choice to invest in real estate this year remains one of the best ways to make sure you get the best possible return on your investment and building a home with a differential something that sets it apart from other homes on the market enhances the return. Unique homes are often sold for much more than comparable homes in the same area. Homes with one-of-a-kind features energy efficiency and brilliant architecture are providing the best return for home builders. Building your home with energy efficiency at the forefront is a great way to set your investment apart while keeping your heating and cooling costs low over time.

In addition to building "green" adding an architectural novelty to your home will pack your investment with a high-quality differential bringing your return even higher. Features such as outdoor kitchens and patios or unique architectural styles such as post and beam or timber framing provide an aesthetic appeal that will lure in potential buyers while providing energy efficiency with the addition of SIPs to enclose the structure. Exposed timbers quality materials and cathedral ceilings are features that bring your real estate investment the distinction it needs in order to thrive in a growing economy.

For those looking for a strong long-term investment this is the time to choose new real estate. And if you're choosing to build there has never been a better opportunity to engage in a relationship with your architect builder or home design/build company.

Quick Brevard MLS Listings By Category