EP. 1066 - Why is it so scary to buy a new build??? New vs Established Property

Ever grappled with the decision of buying a swanky new property or revamping an established one? This episode is a goldmine of insights on the contrasting dynamics of the two options. With our guest Michael, we dissect the costs of building a new house and comparing it with buying a unit off-plan. We also unravel the associated risks and the uphill task of securing funding for a fresh build. On the flip side, we delve into the perils hidden in renovating an existing property and stress on the need to prioritize what best serves you and your family.Taking a detour, we open the book on the philosophy of building. Highlighting the significance of constructing with honesty, we discuss the potential costs linked with the process and the bravery required to venture into a building project. Moreover, we touch on the potential rewards of building, and why it could be a preferred choice over buying a pre-existing property. This episode promises to equip you with the knowledge you need to confidently choose between building anew or buying established.