With home prices rising and bidding wars in full force, is buying a few acres of land and building a house a good alternative to steer clear of the competitive market?
When COVID hit and working from home became the norm, the lifestyles of many families have changed dramatically. We’ve seen people looking for bigger homes to furnish home offices, and we’ve seen people looking to move farther outside the city because driving to work for many is no longer required since many businesses have shifted to a full remote environment moving forward. And with housing prices rising at a rapid pace and the struggles of winning a bidding war, buying land and building a house has caught the attention of many buyers. And why wouldn’t it? I mean, building the house of your dreams with lots of space, plenty of privacy, no HOA, and very few neighbors sounds appealing, right? But how feasible is it, and is buying land as easy as it seems?
Watch the video above to find out!