Building a new home vs. buying an existing house

Deciding whether to build a new home or buy an existing one in Brisbane is both exciting and challenging. With modern developments and charming, established suburbs, there are many factors to consider.

Let’s take a look at the pros and cons, whether you’re dreaming of designing a new home in Brisbane or moving into a ready-made house, to help you decide.

new home built by Ashcroft Architects in Redbay

Building a new home in Brisbane

Building a new home offers the chance to create a space that’s entirely your own, with modern features and energy-efficient designs. 

However, it also comes with certain challenges, such as time investment and potential cost overruns. Let’s dive into the key pros and cons of building a new home in Brisbane.

Pros

Complete customisation

One of the biggest advantages of building a new home in Brisbane is the ability to fully tailor it to your needs. You control everything – from the floor plan to fixtures, materials, and colour schemes.

If you’re wondering if you need an architect to build a new house, having one can ensure your home is designed to suit your exact needs and preferences.

Energy efficiency

Brisbane’s warm climate makes energy efficiency essential. You can incorporate technologies like solar panels, high-quality insulation, and energy-efficient appliances to reduce long-term bills and create a more eco-friendly home.

Low maintenance

New homes offer peace of mind with all-new systems and structures, reducing the need for repairs. Many also include builder warranties for added protection in the first few years.

Modern design

Newer homes often feature modern, open-plan designs that cater to today’s lifestyle. These homes typically include smart home technology and contemporary kitchens. They also offer better integration of indoor and outdoor living spaces, ideal for Brisbane’s subtropical climate.

Planning to build your new home? You can check out some new home design trends for inspiration.

Cons

Longer timeline

Building a new house can take months or even over a year, depending on the complexity of the design and potential construction delays. If you’re in a hurry to move, this could be a drawback.

Find out the best time to build a new home in Brisbane.

Location choices

While Brisbane offers great opportunities for new builds, some areas may not provide the same level of convenience as established neighbourhoods or locations closer to the CBD. You might need to consider the trade-off between location and building a new home.

Higher upfront costs

Building a newly designed home usually involves higher upfront costs than buying an existing one. This is especially true when considering the price of land, building materials, and design services.

buying a home for sale

 

Buying an existing home in Brisbane

Buying an existing home is a great choice for those looking for a quicker move-in and the charm of established neighbourhoods. 

With ready-made homes in prime locations, this option offers convenience, but it also comes with certain considerations.

Pros

Move-in ready

One of the major advantages of buying an existing home is that it’s often ready for you to move in as soon as the sale is complete. This option suits you well if you need to relocate quickly or don’t want to wait for a new home to be built.

Established suburbs

You often find existing homes in Brisbane in desirable, well-established neighbourhoods. These areas typically offer convenient access to amenities such as schools, shops, parks, and public transport.

Character and style

Many existing homes have unique architectural details that give them a distinctive look and feel. For buyers who appreciate the charm and history of older homes, purchasing an existing property can be more appealing than building a new one.

Cons

Higher maintenance costs

While an older home may have charm, it often comes with maintenance requirements. You might face issues such as ageing plumbing or electrical systems, roof repairs, or the need to modernise certain aspects of the home.

Less energy-efficient

Existing homes may not be built to the same energy efficiency standards as newer homes. You may need to invest in upgrades like better insulation, more efficient appliances, or solar panels to reduce long-term energy costs.

Limited customisation

When you buy an existing home, you may need to work with the existing layout and features. While some renovation options exist, making significant changes to the home’s structure can be costly and time-consuming.

Flood zones

Brisbane is known for its periodic flooding, particularly in low-lying suburbs near the Brisbane River. When buying an older home, it’s important to check the property’s flood risk and ensure proper mitigation measures are in place.

What’s the best choice for you?

As architects in Brisbane, we understand that choosing between building and buying is a deeply personal decision. Factors such as your lifestyle, budget, and long-term plans influence the decision.

If you’re excited about creating a modern, energy-efficient home that suits your exact preferences, building might be the ideal choice.

On the other hand, if you want to live in a well-established area and enjoy the charm of an existing home, buying could be the better option.

Need expert architectural help in Brisbane?

No matter which path you choose, we at Ashcroft Architects are here to help. Whether you’re looking for new home architects to design your dream home from the ground up or need the expertise of renovation and extension architects to transform an existing property, feel free to reach out. 

We’re passionate about helping Brisbane residents create homes they truly love! Contact us today at (07) 3206 0239 or get in touch online to discuss your new project.