Building New is Today’s Viable Solution to Housing
In the past, buying a resale home has been far less expensive than building new. While that may still be true in some places, it is no longer the case for a large portion of the U.S. Not only is there a rapid rise in resale purchase prices, inventory is low and most resale purchases require renovations.
Renos cost money and often reveal unanticipated expenses. The price for renovating a master bathroom in 2023 starts at $30,000. Pricing for a basic kitchen reno begins at $40,000. I have personal experience with this one. My sister was recently quoted a starting price of $80,000 for her small, nothing fancy kitchen reno in Southern Maine. She’d also need to wait almost a year for the reno to begin as the contractor was scheduling out months in advance.
Depending on what is needed or desired in a resale home, the average person will spend over $100,000 in renovations and upgrades.
Building a new home is not inexpensive and will not be the less expensive option. However, the vast difference between a resale price with renovations and a new home build price has all but disappeared. The advantages to building new have become greater over the past 5 years because the expense of a new build no longer far outweighs that of a resale.
Yankee Barn Homes Offer More Advantages
Yankee Barn offers all the advantages of a new home, plus money-saving energy efficiency built in to every shell package we produce. The level of efficiency built into our True Panel System is far superior to any remodel. The panels are crafted in a climate controlled facility making the system far more cost effective than any re-insulation project.
Read more on the YBH True Panel System
Discover the Energy Efficient Features of every Yankee Barn Home
Custom Designed and Built to Your Specifications
Each Yankee Barn home is a custom design created in conjunction with our clients. While the homes featured on our website may be replicated, they are seldom exact copies. Situations and tastes are unique and each client has their own requirements for a home.
Yankee Barn has an in-house design team who work with clients to design a home to owner’s specifications. While we provide suggestions on floor plans and adhere to all city and town building codes and regulations, the owner is in the driver’s seat when it comes to the look and feel of their home. Your vision and our design expertise creates a high end custom design home only achievable when building new.
