And that is still true, right? 

Right??? 

Of course it is! 

At Tyler Goff Group we believe that buying a home is still a huge part of achieving the American Dream. We also believe that because the American Dream, including buying a house, feels less and less achievable for so many, that we have to get creative when it comes to getting that done. 

What do I mean? 

I mean so many people today still think of buying a home as buying that 3 bedroom 2 bathroom, ready to move in, Single Family Dwelling. 

But buying a home can take so many more avenues and have so many amazing results that differ from that classic picture. 

Alternatives to the Classic Single Family Dwelling

Single Family Fixer Upper

So the first option, and probably the most obvious, is that same 3 bedroom 2 bathroom Single Family Dwelling… only it needs a little work. 

This option is the most obvious, and you have likely already considered it, but it is definitely worth more thought. I’m not saying you have to buy a house with a sunken roof and a cracked foundation, but you can find fixer-uppers that simply haven’t been updated in years. 

Old paint, old trim, outdated wallpaper, lackluster yard. All of these things are cosmetic, and sure they will take you time and money to update, but you can move in when you close and take your time updating your new home on your own schedule and budget. 

And you can save thousands if not tens of thousands of dollars on the sale price just because the house is not what we call “turn key.” 

The Total Teardown

Okay, so let’s talk about that house with the sunken roof and the cracked foundation. It’s worth a look. What’s the neighborhood like? How much of a deal can we get you? 

If you already have a home to live in that is affordable, it might be worth considering buying a home that needs to be entirely renovated from the foundation up. It’s all about the math. 

A house with a good location would even be worth tearing down entirely and rebuilding if the numbers make sense and you can get a construction loan. 

In the end, you may end up saving a ton of money and building the home of your dreams. 

Land!

On that same train of thought… you could buy land and build. Yes, it is more complicated, but it doesn’t have to be more expensive. If you can find land with all the utilities - water, electric, gas, sewer - ready for a build, it might be worth your time and money to simply start from the ground up. 

This is a big consideration and has a lot to do with legacy building, but you might find it to be one of the most rewarding experiences of your life. 

And as to finding the right land - that’s what we’re here for!

Tiny Home

Another option, that could go hand in hand with the land idea, is to buy or build a tiny home. So many people are going minimalist these days, and it can be a great way to start out your homeownership journey or a great way to downgrade from a house that has become too big. 

Tiny homes can be adorable, cozy, and come with a ton of cool amenities, and cost you less than $100,000. 

If you have been considering scaling back life and going tiny, this is a wonderful place to start. 

Manufactured/Prefabricated Homes

Another consideration many people today still don’t consider is the prefab house. So many think this is the equivalent of living in a trailer, but it’s not. A manufactured home can look and feel just like a Single Family Dwelling, and be quite large in fact. The only difference is the house is built somewhere else, usually with less expensive materials, and transported to the land on which it will sit, rather than built onto a foundation. 

These homes can be much more cost effective and be a lovely way to start, or upgrade your homeownership journey. 

Contact Tyler Goff Group Today

If any of these options sound interesting to you, give us a call. At Tyler Goff Group, we can help get you started and discuss what each of these options might mean for you, In a real estate market that feels like inventory is always tight, it pays to think outside the box. 

And we’re here to help you do just that.