Buying vs Building: Advantages of buying a house

By Ihesiulo Grace

14 April 2017

The thought of buying a land and erecting your own building to your own taste sounds appealing, but, looking at the process involved, isn’t buying an entire house anew without going through all the preambles better? Here are some of the reasons why experts believe that buying offers better alternatives than building.

A freshly bought house offers varieties
Fresh houses that are up for sale offer you a pool of choices. You can choose from a variety of what the market begets, in your preferred location depending on how fat your pocket is.

Unlike a house you have to erect; once your building stands you are left with no choice anymore. Too bad if you made bad choices or opted for wrong options in your design and the final outcome becomes a nightmare.

Dealing with cheats
It will be the loss of a cheating contractor when you decide to buy a house. There is the likelihood that a contractor will cheat you in the course of a building project. Albeit when you buy, the only person that can cheat you then is your property seller.

Avoiding harassment and embarrassment
The menace of omonile’s and area boys in the course of building could get worrisome. If you can’t handle the drama then buy a house. You would have succeeded in avoiding the harassment, intimidation and embarrassment in some cases.

Risk involved in construction of new project
A building that’s being erected can collapse in the course of its construction if adequate care is not taken. Poor workmanship can ruin a new structural piece that’s in the offing especially if you are not at liberty to personally inspect your building project due to a busy schedule. Albeit a house that’s already standing and is up for sale as at least scaled the hurdle of construction and may hopefully stand for the entire period you live in the property.

Approval problems
Building in Nigeria comes with its challenges especially in recent times. Quite a number of people meet huge brick walls when seeking and getting approvals for their building projects and one of them is the town planning permits/government allocation. You may encounter problems getting approval for your building project; nonetheless an already built one is most likely approved, so you don’t need to bother yourself about the town planning authority. When it comes to this, buying a house is usually the best alternative.

Stress
It worthy of note that the stress and pressure that comes with erecting your own house is enormous, and if you are not the type that can cope with the rigours of building projects then buying an already built house is the answer. It saves you the stress of monitoring your building project the entire period.

Perseverance
Also, building a house takes a lot of time and effort. If you are someone who doesn’t like to wait or you are not a patient person; if you want to move in very quickly, then buying a readily built house might be the better option.