Who doesn’t want to build and live in their dream home?
So, spend some time looking around Chiang Mai and the outer areas such as Mae Rim or Pa Daet, find an ideal site and commission an architect to design, then engage a contractor to build, your piece of heaven; your own castle, your own fortress!
All well and good…, until you come to try to sell the property…
Then, when you start doing the mathematics: right, I bought the land for Baht xxx, built the house for Baht xxx… so the property now has to be worth at least 4 times the total I spent because it is my house, it was designed by me (and the architect), to my taste, to my vision.
Hmm…, well, not quite.
As a result, considering this and the propensity for many people to want to build their own dream home, the question has to be asked: “Why will someone buy my dream house at far, far more than they will spend on buying land and building their own, when my house has been designed and built to be my dream home?”
What do you think? Is there a big market in Chiang Mai for second-hand “dream homes” with prices more than Baht 20M, 30M, 40M?
Perfect Homes is a leading Chiang Mai real estate agency with extensive experience in the city, regionally, nationally and internationally.