First house or dream house, which one comes first [Article]

However, whether one would want to build or buy his/her dream house or first house, depends on the individual’s financial strength and proper planning.

A dream house is, however, one that will meet your needs for many years.

NB: Someone’s dream house may be a simple 2 or 3-bedroom, which may be regarded as the first home of another person.

Then after this first house, the individual can focus on the dream house if you have the financial muscle.

● Commercialise your building: Instead of building your first home for your immediate use, you can rather turn it into any viable commercial use, i.e., guest house, crèche etc., and plough back the proceeds to build a new house.

Furthermore, whether we build our first home or dream home, may not necessarily be the preference of our kids in the future, especially if the focus is to leave them an inheritance.

More so, someone’s dream home is like the first home of another, therefore the first home or dream home depends on the individual’s financial capacity, taste or preference