A display home is a stylish house with a very good ambiance and also all the latest trends. It basically offers a family-friendly environment. A display home is built by a builder to showcase their ability, caliber, and proficiency to potential customers of what an end result can look like. Display villages on the other side mention a collection of display homes by distinct home builders that give the guest a chance to see and encounter different home designs all in one location. One of them is a display village in Canberra with Hotondo Homes.
Benefits Of Purchasing A Display Home
Building a home is one of the most memorable and exhilarating times of your life. It’s like you are going to start a new phase of your life. So to begin this journey here are the things you need to think about before you contact a builder and start looking for display homes. First of all, you should be clear about your needs like what you’re looking for in a new home, and list down the ones that satisfy your requirements and expectations.
Good fit factors are like the number of bedrooms and bathrooms, square footage, and price. Always keep your budget in mind and look accordingly at a display home. All the stylish and functional inclusions (appliances, flooring, cabinets, lighting) give you a great idea of how the home can be personalized to fit your way of living. You can talk to the builder and tell him about the specifications and upgrades to really make the home on your own condition. Benefits of display homes are:
1. Leaseback Agreement Returns:
If you own a home you can give a lease to the builder for a specific period of time(usually 24 months) to use as a display home. This is a substantial benefit you can gain from owning a display home. A leaseback agreement also provides rental fees that are higher than the standard ones. The builder is a willing tenant who will want to rent immediately after you buy it.
2. Furnishings And Furniture:
You can change the old furniture and accessories with new ones while the house’s cleanliness is never compromised. Hotondo Homes’ display homes offer you brand new appliances and fixtures and fittings. You should definitely visit them.
3. Good For Investment Purposes:
If you are interested in investing and then selling the product after years when good returns are available, then here’s another venture for you. Visualize owning a property where you have zero maintenance costs along with the second source of income,i.e, rent paid by tenants. This is what the leaseback agreement offers you. Another positive side is you can do whatever you want. You can either choose to move in the house or sell the home with good returns conditioned on the state of the real estate market at the time of sale.
4. You’ll Save In Landscaping:
When you build a home on your own from the start including landscaping, labor work, and all other works it costs thousands of dollars more to complete. You can easily save by purchasing a display home because the builder has already done the construction and interiors.