What should I Buy | Myrtle Beach New Construction or Existing Home?

Custom Home in Creekside Cottages Murrells InetBuild vs. Buy – The Myrtle Beach Matchup 

Should I build or buy a home in Myrtle Beach?

Buy

Build

As a buyer, you’ll have plenty of options for purchasing an existing home. “If you build it they will come” is no longer a builder’s creed, many builders and developers have halted new construction in favor of moving their vacant properties. What’s even more exciting is that dream home you’ve been eyeing, thanks to price reductions, may become a reality! Begin your search using our Myrtle Beach MLS search tool!

Planning to build? Deals are plentiful and you may be able to build a custom home in the Myrtle Beach area for less than the cost of an existing home. Another plus, residential lots can be purchased for a fraction of the original asking price. To begin searching for a lot, use our convenient Myrtle Beach MLS search tool. Lower lot costs and building costs bring you one step closer to owning the home of your dreams!

Insider’s Tip:

Instead of a builder having 6 houses under construction, they may have 1 or 2. If you make the mistake of waiting to build until the market is up (or on the upswing) not only do you risk paying more, but your dream home may not receive the time or attention it deserves. If you do plan to build, quality should be your builder’s number one concern no matter what direction the market is trending towards.

If you would like to speak with a quality driven builder, or you need the assistance of an experienced local REALTOR®, contact us! If you are a Realtor and you have a client that is interested in building a custom home, contact our builder, commissions are paid as soon as we break ground on your client’s project.

Discussion

#1 By Alex Cortez Maui Realtor at 8/20/2018 4:19 AM

It really is a phenomenal time to buy, whether buying an existing home or building a custom property. I know in my market builders have been craving more work, hence the ability to negotiate labor costs is enhanced. Good info, Preston.

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