Do you want a cabin in Pigeon Forge to add to your real estate portfolio? Whether you want the cabin to be your primary residence or a rental property, this can be a great investment. The question you need to ask yourself is whether to build a new cabin or buy a pre-owned one. To help you decide, here are the pros and cons of building a new cabin vs buying Pigeon Forge cabins for sale.

Pros of Building a New Cabin

When you choose to build a new cabin in Pigeon Forge, you start with a blank canvas. You get to plan every detail and customize it to meet your needs and wants. You determine the size, layout, style, and decor, and you can insert personal touches everywhere you want. You can also rest assured that all the building materials are brand new and that the construction meets current building codes. This can save you on maintenance, repairs, and remodels in the future. A lot of times, new cabins tend to be more energy efficient, too, which can also save you money.

Cons of Building a New Cabin

Building a new cabin can sometimes be a long and difficult process. You need to find the right land in a location you like and that can support your needs. After purchasing the land, it often takes an average of five to six months for the construction to be completed. This timeline depends on multiple factors, including the size and style of the cabin, availability of construction materials, weather conditions, permits, etc. The building process can also be costly. You typically can’t negotiate costs with the builder, and the costs may end up being higher than you expected at the beginning. Waiting for your cabin to be finished can be stressful, too, especially when delays or material shortages occur. Your cabin may not be ready when you originally planned, so you need to be flexible.

Pros of Buying Pigeon Forge Cabins for Sale

One of the biggest advantages of buying Pigeon Forge cabins for sale is that you get to move in a lot sooner. Once the purchase is complete, you can move in as soon as the seller has moved out. When you purchase a newly-built cabin, you may be able to move in immediately. If you buy a pre-owned cabin, you may want to do some minor remodeling before moving in, but this will be a much quicker process than building from scratch. There are typically a lot fewer tasks to think about when you buy Pigeon Forge cabins for sale. For example, you don’t need to deal with a builder, and utilities and landscaping are likely already in place. You can also often negotiate the price with the seller so you can get a better deal on your cabin purchase.

Cons of Buying Pigeon Forge Cabins for Sale

The most significant con of buying Pigeon Forge cabins for sale is that you can’t customize the structure to fit your tastes and needs. You can do some remodeling, but overall you’re buying a cabin that was designed and built by someone else. Additionally, pre-owned cabins can sometimes have hidden issues that you couldn’t see before the sale. While the seller is supposed to tell you about any problems, there may be something they weren’t even aware of or that the inspector could have missed.  You also have less control over the location. You could find a cabin you want but it could be in the wrong location. Or, you could love the location of a cabin but not like the layout and style of the cabin itself. There is more give-and-take when it comes to buying existing Pigeon Forge cabins for sale.

Should You Build or Buy a Cabin?

As you consider whether you should build a new cabin or buy Pigeon Forge cabins for sale, it’s important to consider the costs, timelines, and potential stressors of each decision. However, no matter if you build or buy, the end result should feel well worth it. If you decide buying is the right move for you, take a look at current cabins for sale in Pigeon Forge to find the right one for you! If you decide to build a cabin, connect with a real estate agent to help you find the right land for your new build!