Edmonton Luxury Homes: Buy or Build?

Luxury homes are custom homes designed with your comfort and aesthetic preferences in mind. These properties tend to include high-end fixtures, stylish fittings, and custom features throughout the home. When you’re in the market for a luxury home, it’s common to consider whether you should buy an existing home or build it from the ground up. In this article, we explore when it might be suitable to buy a luxury home or when it’s better to build one.

Reasons For Buying a Luxury Home

If you’ve walked through a luxury home, you know how exciting they can be. These homes often include spacious living areas, beautiful floors, gorgeous kitchens, and spa-like bathrooms. It is easy to picture yourself living there!

Move-in Ready

People love buying a luxury home because there is no prep work or major repairs required. While some people enjoy renovations and adding a certain level of customization to their homes, others prefer a move-in-ready option. With a newer home, you can bring your furniture, unpack your bags, and enjoy your luxury lifestyle right away.

Quick Turn-Around Time

One of the main reasons people choose to buy a luxury home is that they can often take possession very quickly. This is ideal for people with busy lives or who are relocating from other provinces as they can quickly move in and settle in.

You Love the Design and Style

Some people consider themselves to be style gurus with a distinctive sense of taste. While these individuals prefer to incorporate their identity into various aspects of the home, others gravitate to homes with these features in place. If you love walking through a luxury home and its style resonates with you, buying is probably a good option.

The Cons of Buying a Luxury Home

While buying a luxury home might seem like a great idea on the surface, there are other factors to consider.

How Is the Location?

Luxury homes are hard to come by, so you may be limited with your choice. While you might find the perfect house with all the features you desire, is the location suitable for your needs?

Does the Layout Work for Your Family?

When buying a new home, it’s important to realize that they were designed with someone else’s family in mind. While the layout may have worked perfectly for them, how does it work for you? How much of a compromise are you making when you buy your luxury home?

Reasons for Building Your Luxury Home

While buying an existing luxury home has some benefits, building a custom home is an exciting process with endless possibilities.

Get the Customization You Want

When you build a luxury home, you can design your home exactly the way you want; you don’t have to compromise with the layout, so you can create a space that functions perfectly for your family—factor in your lifestyle needs and incorporate them into your design.

Office Space

If you work from home, you might benefit from a separate office space designed specifically for you. A more isolated space gives you the peace and quiet to be more productive, and a separate entrance allows clients access to your office without walking through your home.

Luxury Master Suite

Family life can get hectic, so how about designing a master suite where you can decompress from the stress of a long day? Picture yourself lounging on a cozy loveseat next to a warm fireplace after indulging in a relaxing soak in your spa-inspired bathroom.

Build Where You Want

If you currently live in a home that’s too small or dated but love your neighbourhood, why not build a new home on your property? Or, if you want to move to a new area, simply find the perfect location and build your custom home there. The great thing about building a luxury home is that you don’t have to compromise on location.

The “Cons” of Building a Luxury Home

While there are many advantages to building a luxury home, the only real drawback is that it does take time to build. However, when you factor in the level of customization you’ll receive, it’s certainly worth the wait!

Luxury Estate Builder in Edmonton

Are you ready to consider building your dream home? At Timber Haus, we’re one of Edmonton’s most sought-after custom home builders. Our expert team has over 40 years of experience building custom homes, and we look forward to building your dream home. Let’s get together and discuss your project today.