Myers Homes

  • Home
  • About
  • Services
    • Custom Home Construction
    • Home Remodeling
      • Bathroom Remodeling
      • Countertop Replacement
      • Custom Cabinets
      • Kitchen Remodeling
      • New Flooring (Wood, Tile, Stone)
      • Room Additions
    • Home Maintenance
      • Basement Waterproofing
      • Drywall Repair
      • Electrical Repairs
      • House Painting
      • Gutter Cleaning
      • Ice Dam Repair
      • Masonry Repairs
      • Plumbing Repairs
      • Replacement Windows
      • Roof Repair / Replacement
  • Showcase
  • Blog
  • Contact
You are here: Home / Building a home / It isn’t the Purchase Price, but the Cost of Ownership

November 6, 2014 By Rob Myers Leave a Comment

It isn’t the Purchase Price, but the Cost of Ownership

Often when asked about home building vs. purchase and remodeling, I like to think about castles. In many parts of Europe, it’s possible to buy a real castle! And, often, these amazing structures and properties can be had for the price of a 25 year old American vinyl sided colonial! But, it isn’t the cost of the purchase that is the major hurdle, but the cost of fixing the property, rebuilding its infrastructure, bringing it up to current codes, and, then after all that, the annual maintenance of a building built, well, like a castle. So, this is true also of many homes- the purchase price is reasonable, but the cost of making the home your own, conforming with current codes, and, then, maintaining it can  often be daunting. I try to see if the changes a specific purchaser wants to make are major or minor, if the home was well made in the first place, and how far off current codes we really are to begin with. Some homes are worth the update no matter what, and some really aren’t. Some buyers are into that kind of project, and some aren’t. It’s a balance. Hoepfully, though, when you’re done, you’ll have your own “castle”- http://www.bloomberg.com/news/2014-11-05/crumbling-castles-haunt-east-germany-25-years-after-wall.html

castle

Filed Under: Building a home, Financing, Home Values, Remodeling

If you’re thinking of building…

You should have a conversation with Rob Myers. For twenty years, Myers Homes has offered its customers straight talk, inspirational design, and unparalleled execution. Using a unique team-oriented design/build approach, he can help you build the home of your dreams. Treating the design/build process as a whole allows give you control over the entire process - assuring a quality end result.
Have a conversation with Rob Myers

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Start a conversation

Talk to Rob Myers, and let him guide you through the new home building process. No obligation or strings attached.

How To Contact Me Through Social Media

  • Facebook
  • LinkedIn
  • Twitter
Myers Homes Featured on Houzz

Architects, interior designers, and more ∨

When decorating or building a home, don't forget about the walls.
With the help of a bath designer, revamp your bland bathroom with a walk- in shower, multiple bathroom sinks and a new bathroom vanity.

Remodelers, home builders, and real estate developers rely on GuildQuality's customer satisfaction surveying to monitor and improve the quality of service they deliver.

Recent Posts

  • Nashville Thoughts
  • Beware the Internet of Things
  • It Only Looks Easy
  • Game Changer?
  • To Fantastic Customers

Showcase

View More


Copyright © 2022 Myers Homes · Custom Home Builders and Remodelers In Chagrin Falls | Serving Greater Cleveland, Ohio Log in