A home is usually the single largest investment that a person makes. However, Karachites often remain double-minded, when they come to invest their time, energy and money for having their own house to reside. They are usually confined in between two choices either to construct a house or buy an existing house. Both looks often Hobson’s choices, however there is another way which is more secure, sound and facilitating; it is invest in or purchase a model house in under-construction housing scheme. Model houses are the residential villas and apartments which housing societies build on their predesigned models. They have many advantages.
Building a new home doesn't offer the same convenience as buying an existing under-developed home. Not only do you have to find the land, which may not be in an existing neighborhood, you also have to factor in the time to find an architect or builder, and choose every element of the new structure. While joining an existing development can streamline the process, though it may limit your degree of choice.
Building your own can be time consuming if you are intimately involved, and every time you have to confront with unforeseen and unwanted circumstances. You cannot skip the hectic process of finding the professional and reliable architect in Pakistan. Selection of the architect, budgeting for construction and managing required finances, everything together makes this construction a mind racking project. Thus, going for model houses is a good decision. Even though the process still involves numerous steps – such as financing, viewing homes, making offers, home inspections and closing – the convenience of being able to move in right away is compelling enough for many people to choose an existing home over a build.
Then there's cost. Model houses are usually available on highly affordable prices. So, don’t need to worry much about the unpredictable budget coming ahead. In many cases it's cheaper to buy an existing home, besides loan financing and easy installment plans also make the task easier.
In different phases of the same housing society, the layout designs may vary with respect to the size of a particular land block. Let’s explore some of the advantages and disadvantages of model houses.
Published on February 14, 2020