Let’s talk buying off the plan…
In Bowen, you don’t often see the opportunity to buy a house of the plan. When we decided to offer our current house and land package at Silk Road off the plan, we thought it would offer buyers some real advantages! In the ever-evolving real estate landscape, purchasing a house off the plan has emerged as a compelling option for savvy homebuyers in metropolitan areas – and Bowen is no different! This unique approach involves buying a property before it is constructed, based on architectural plans and design concepts. There are several distinct advantages to consider when venturing into the off-the-plan property market. Not only have Hodge Town and Country Builders done all the hard work for you in terms of picking the perfect piece of land, obtaining building approvals, drawing up custom plans and house design that makes the most of every inch of the Silk Road block of land, selecting all the high-end fixtures, fittings, building materials, paint colours and creating stunning 3D renders that show you exactly how your build will look – there are also a number of other advantages to consider:
1. **Financial Incentives:**
Buying off the plan often comes with financial perks. Prices offered off the plan are often attractive prices or special incentives to early buyers. This can translate into significant savings, providing a financial edge to those willing to commit early in the development process.
2. **Potential for Capital Growth:**
One of the most appealing aspects of purchasing off the plan is the potential for capital growth. As the property market tends to appreciate over time, buyers may find themselves sitting on an asset that has increased in value before they even move in. This potential for profit can be a powerful motivator for investors looking to make a smart financial move.
3. **Customization Opportunities:**
Although Hodge Town and Country Builders have done all the hard work for you in making the selections, we are open to minor changes for customisation. While major structural elements are predetermined, customization options such as colour schemes for example, can often be tailored to individual preferences.
4. **Locking in Today’s Prices:**
In a rapidly changing real estate market, buying off the plan can be a strategic move to lock in today’s prices for a property that will be completed in the future.
5. **Low Upfront Costs:**
Purchasing off the plan typically requires a lower initial deposit compared to buying an established property. This allows buyers to secure a property with a smaller upfront investment, freeing up funds for other purposes or investments.
6. **Potential Tax Benefits:**
In some regions, buying off the plan can offer potential tax benefits, such as depreciation allowances for new construction. Buyers should consult with financial advisors to understand and maximise any tax advantages associated with their off-the-plan purchase.
7. **Peace of Mind with New Construction:**
Brand-new construction built by our reputable company comes with the reassurance of modern building standards, the latest technology, and energy-efficient features. Buyers can enjoy peace of mind knowing that their home is comes with the Hodge Town and Country Builders Guarantee and is built using the latest materials and design innovations.