A question may be plaguing you lately as you envision yourself enjoying the island lifestyle. Is it better to build a new home from the ground up or choose an already existing space on the Island? Of course, this choice isn’t one to be taken lightly, and you’ll need to decide which option will yield better results. As more full-time and part-time residents are choosing to make Marco Island their home, more homes are being built to accommodate this influx. So, should you build or buy a home on Marco Island? Let’s delve into the benefits and limitations of each option.
Building a Home on Marco Island: The Benefits
Marco Island is a popular destination, and homes are being snapped up quickly by eager buyers, which may cause you to want to build your own home. This is advantageous, especially since you’re able to design it to meet your exact specifications, down to every last detail; something that you won’t be able to do if you buy an existing home. Other benefits associated with building a new home include:
- Less maintenance
- The latest building materials
- Increased energy efficiency
- Location of your choice
When you choose to build a new home, you’re essentially starting from a blank slate, allowing you to create the home you’ve always wanted on the Island.
Building a Home on Marco Island: The Limitations
Typically, this option costs more money and takes a lot more time than simply moving into an existing structure. It will also take more effort and result in many more decisions made by you when it comes to overall design, features, layout, style and so forth. For many homeowners, these aren’t really limitations, as they’re able to get the house they’ve always wanted.
Buying a Home on Marco Island: The Benefits
Many Marco Island residents like the idea of a move-in ready space. In addition to being able to get settled right away, buying a home is typically less costly. There’s always the potential for renovations in the future, but you don’t necessarily have to tackle those right away. It takes less time and money than building a home from the ground up, which is a big selling factor for many island residents.
Buying a Home on Marco Island: The Limitations
The biggest limitation right now is inventory. You may not be able to find the home you really want, due to low inventory in this extremely popular destination. On a positive note, builders are working around the clock to add more homes to Marco’s inventory, so residents can find the space that works for their needs. One of the other main limitations is having to compromise on some of the features, as it’s almost virtually impossible to find a home that’s exactly how you envisioned it. You may also need to renovate it to meet new building standards, especially if it is an older home.
Whether you want to work with a reputable builder to build your home from the ground up, or you’d rather move into an existing home, the choice is yours to make. Marco Island is continuing to top the charts as one of the best places to live in Florida. When it comes to your Marco Island home, you’ll be in the midst of all of the island charm, whether you choose to build or buy a home.
Gulfstream Homes is excited to help you build a home on Marco Island! Call (239) 254-1664 or visit www.gulfstreamhomes.com to get started.