Build a house, or buy on the primary or secondary market?

Owning a house of your own is the dream of most of those who live in a block of flats. But when an opportunity arises to make such a dream come true, many important decisions have to be made. The fundamental one is whether we will build a house to our own design, or decide to buy a ready-made building, which we can easily find on both the primary and the secondary market. An estate agency in Katowice has many listings of houses for sale. By heading to an estate agency, we certainly save time and can find what we are looking for faster.

Pros and cons of building a house

The undoubted advantage of building a house from scratch is that it will be exactly what we need. So we will have a say in its size, its layout, the number of rooms and so on. We will also be able to decide which materials are to be used, which translates into quality and durability. Another matter is price. Building a house from scratch usually works out cheaper than buying one from a developer. Although this is not always the rule, because finishing specialists charge high rates these days. If we are forced to hire tradesmen for all the work, the price does not have to be lower at all. And in most cases years go by between finding and buying a plot in Katowice and furnishing the house and being able to move in. This is one of the bigger drawbacks of building a house. Because if we have the funds for a house, we want to move in as soon as possible, and waiting several years for it to be built does not satisfy everyone. And then the only chance of a quick move is ready-made houses for sale, which can be moved into almost overnight. It is different if at a given moment we can afford only the plot and the first stage of work. Then spreading things out over time has its advantages and lets us avoid taking on long-term mortgages.

Houses on the primary and secondary market

If we want to find a house in a short time, it is best to use intermediaries such as estate agencies. One of the basic questions we will hear there – besides how much we want to spend on a house and how big it should be – is whether the house should come from the primary or the secondary market. New properties in Katowice that are finished to developer's standard (stan deweloperski) will be more expensive than used ones. Their advantage is that we get a warranty on them, they will probably be of a higher standard, and there will be no need for a complete renovation, only finishing to our own taste. If we opt for a used house, we will pay less, but usually have to spend more money on renovation. So is the primary market in practice always more expensive than a house from the secondary market? No, it all depends on the condition of the used house. That is why, when deciding to buy a house, it is worth considering both kinds of listings. Because the differences in price may be small, while the differences in standard may be very noticeable.