When it comes to buying a home, you have many different options to choose from. These include purchasing a perfect house and land package Canberra, or buying a ready-made house with the land already included. With so many choices available, you may be wondering which one is best for you. We’re going to take a look at both the pros and cons of each option so that you can decide which one is right for your circumstances!
You can select your block and customise your home design
You can select your block and customise your home design. You have the choice of choosing the land size, house design and the number of bedrooms and bathrooms that suit you best. You will also be able to choose from a range of floor plans with different number of living areas or garages if required.
You can benefit from significant savings
You can benefit from significant savings when you buy a house and land package Canberra. There are several ways that you can save money when purchasing this type of property:
- Stamp duty. When buying an off-the-plan apartment, there is usually no stamp duty to pay because the developer has already paid it on your behalf. However, if you buy an existing property (that is not new), then you will have to pay stamp duty on top of other fees such as legal costs and building fees which could add up quickly!
- Legal fees. If you’re buying an off-the-plan apartment in Sydney or Melbourne, there’s no need for lawyers or conveyancers because everything that needs doing has already been done by the developer during construction phase – they are also responsible for transferring ownership over once building has been completed so there’s no need worry about any red tape either!
Requires little to no maintenance
When you buy a house and land package Canberra, it is important to consider the time and money that will be involved in maintaining the property. Many people do not have the skills or time to maintain their own homes. As such, they hire someone else to do it for them. If you choose this option, then make sure that your contractor is reliable and trustworthy; otherwise it could cost more than expected in terms of both quality of workmanship and price.
Another option is self-maintenance: if this sounds like something that appeals more closely with your lifestyle (or simply because there’s no one else around), then go ahead! Just remember that doing so requires tools as well as materials; these things tend not only expensive but also heavy–not ideal when carrying them up stairs!
You can avail of tax deductions
In addition to saving on costs, you can also deduct the cost of building materials, fixtures and fittings. You can also deduct land acquisition costs including legal fees if applicable. If you took out a loan to finance your house purchase or refinance an existing home loan, interest paid on that loan is tax deductible as well as any other fees associated with buying or selling a property (such as conveyancers’ fees).
Conclusion
If you’re looking for a new home and want to get the most out of your money, then we would highly recommend going with a house and land package. It has many benefits over other types of home ownership options such as building from scratch or buying an existing house from another seller.
