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Why Is It Smarter To Build a Home?

Categories: Uncategorized | Posted: November 17, 2017

Why Is It Smarter To Build a Home?

It’s time to move to a new home. Now that you’ve made the life-changing decision, the next step is to decide whether to buy an existing home or build your own. This may be the biggest purchase you’ll ever make, so it’s important to get it right. And more and more, Americans are finding that building a new home is the right choice for them. That is even more true for the Huntsville and Madison, Alabama area. Learn why building your new home is the smart choice:

  1. Your “perfect” home doesn’t exist—yet.

Anyone who’s ever house hunted knows that the process is often tedious, exhausting, and almost always frustrating and disappointing. The truth is, the home that is exactly what you’re looking for—that meets all of your expectations fulfills all of your family’s needs—just isn’t out there. One may have the charm and character you love, but lack all-important storage space. Another is exactly the right size and ideally located but do you really want to spend weeks pulling up that wall-to-wall shag carpeting? (Yuck!) When you choose to build your home you choose every detail from its location and the number of rooms, to the color of the kitchen backsplash and the finish of each doorknob.

 

      2. Save Big

Some people may be dissuaded from building because initially because it appears more expensive. It’s true that you’ll have to pay for the land plus the costs of designing and building it yourself. But over time, you’ll almost certainly save money. For one, you won’t spend a dime on renovations upon moving in. And you don’t need to worry about ongoing home maintenance that can deplete the savings of owners of older homes. Additionally, newly built houses are more energy efficient so you’ll likely pay significantly less on your energy bills each month than you would in an older home. And if the time ever comes to sell, you’re a lot more likely to recoup your costs and even make a profit on the sale, because newer homes are more appealing to buyers. Plus, did we mention Legacy Homes pays all closing costs when you use one of our Preferred Lenders?

 

  1. Be Happier and Healthier

Then there are the things that money just can’t buy (or so they say!): health and happiness. Owners of custom-built homes often report higher levels of satisfaction and happiness with their purchase. They got exactly what they wanted in their home, and they’re free of the ongoing headaches and stress that renovation projects and maintenance causes. They can also rest assured that their houses are free of toxic chemicals that were often used in the construction of older homes like asbestos and lead.

  1. The Huntsville/Madison Area is a Home Builder’s Paradise

Data released by the U.S. Census Bureau in May 2017 shows that the Huntsville area is growing by leaps by leaps and bounds. From 2010 to 2016 Madison’s population grew by nearly 12 percent and Huntsville grew by more than 7 percent with no signs of slowing. And it’s important to note that the growth is coming in the form of high-tech employers and well-educated professionals. Moneywatch.com ranked Huntsville as one of the country’s fastest growing tech cities with a 309% growth of tech jobs in just the last year! So what does all of this mean? It means build your home now! Residential land is still plentiful and building costs are still low compared to national averages. But with continued high-tech growth, land and home values are likely to increase precipitously in the coming years and decades. That makes the house you build now a very smart investment.

 

 

Great Reasons to Move and Build in Madison

Categories: Uncategorized | Posted: October 26, 2017

Huntsville is on the path to becoming the biggest city in north Alabama. Hundreds of jobs continue to move to our area and provide a healthy economy of growth. The Rocket City has seen a steady incline in population and several large organizations have moved here or plan to in the near future. Real estate is healthy in this area and several huge commercial projects are in the works, such as Midcity Huntsville and Downtown Huntsville.

Madison-Homes

What’s more impressive is the dramatic growth of the HSV neighbor, Madison. Believe it or not, Madison has actually existed since 1869. It took 100 years to reach 4000 people since its only main draw was a railroad depot. This would all change when America plopped a few Germans in Huntsville and had them build rockets. We are all familiar with the results! Once viewed as a small “suburb of Huntsville,” Madison has multiplied its population by 10 times since 1980, surpassing 40,000.
At Legacy, we have seen the opportunity and growth of the area and have created several beautiful communities in that area like Iredell, Heritage Brook, and Applewood. But why exactly is everyone moving to Madison? Here’s our thoughts on some key factors affecting the migration.

 

Madison-Homes

Commute
Madison has many engineers, as does Huntsville. So access to the Arsenal is critical. Madison residents have a quick access to Gates 7 and 9. For non-government workers, highway 72 and interstate 565 make a commute to anywhere easy. While you may hear the occasional complaint about traffic, most of those complaints come from locals who have yet to live in a top 10 metro city of the United States. While we have our occasional jam, it’s smooth sailing most days with a small 30 min slowdown around 5pm.

School Systems
Madison has a great reputation of taking care of the children. The school system is much newer than Huntsville, affording the community new buildings, a rich support system, and an active local government. Many people move from Huntsville to access these excellent schools and our Legacy communities benefit from being in the best zones. Huntsville and Madison took 3 of the 10 in top 10 schools in Alabama.

Room to Grow
While Huntsville has “rocketed” in its job growth, land has also become a fairly scarce resource. While Madison has also grown dramatically, many residents happily agree that it feels less crowded. It’s population density is still half of Huntsville. There’s still a few farms and plenty of trees that dot the area to give it a country feel with city benefits. It’s far more than a train station but it is still definitely on the move!

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