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Homebuilding Myths Busted

23 May 2025

Whether you are ready for a lifestyle change or looking to invest in property, the decision to buy an older existing home versus building a brand-new one raises endless questions. And, with so many misconceptions out there about home building, it’s not surprising that buyers often overlook the option that will best serve them in the long run.

So, let’s debunk five myths about building a new home and discover the benefits of using a top project builder like Hallmark Homes to bring your dream design to life.

Myth #1: Building a new home is more expensive than buying

Firstly, it’s important to differentiate between the concept of “price” and “cost”. Whilst the purchase price of a new home may seem higher on paper, you will incur additional expenses on top of the initial house price outlay if you buy an older home.

Any planned aesthetic refurbishments, structural renovations, and general repairs must be factored into the overall cost of buying an older home. In contrast, with a new home, you are guaranteed the exact floor plan, style, and quality you want from day one.

Plus, even if your renovation starts on budget, any unforeseen issues like water damage, faulty electrical wiring, or the need for a new roof will blow out your initial estimate.

Similarly, with an older home, the replacement of kitchen appliances, air-conditioning units, and other fittings will be required far sooner than in a new home where everything is fresh, under warranty, and low-maintenance.

Also consider factors like Transfer (stamp) duty, which in Queensland currently requires purchasers to pay transfer fees on top of the price of the home. As of 1st May 2025, however, first home buyers purchasing a new build became exempt from paying transfer duty. This represents a substantial cost saving that you are unable to take advantage of if purchasing an established home.

Myth #2: Custom builders are better than project builders

While custom builders offer completely bespoke homes, the process can often be time-consuming, expensive, and overwhelming. That’s where builders like Hallmark come in, offering a smarter, more streamlined way to build your dream home.

With decades of experience and a proud local legacy, Hallmark Homes gives you the best of both worlds. Our carefully considered range of home designs gives you the flexibility to choose a floor plan that suits your lifestyle, with room to personalise through our Select by Hallmark colour palettes, finishes, appliances, and more.

You can walk through any of our display homes across South East Queensland and experience the space, design, and quality before you build. Whether you’re dreaming of a Hamptons-inspired home or a modern country retreat, our facades and interior styles are designed to inspire.

More than just a builder, we’re a partner in the journey, making it easier, more enjoyable, and far more affordable to bring your vision to life. And with a team that truly cares, you’ll feel supported every step of the way.

Because at Hallmark, it’s not just about building houses. It’s about creating homes you’ll be proud of.

Myth #3: It’s too late to buy or invest in a new-build home

Sure, the South-East Queensland property market is hot! Increasing home prices, interest rates, and huge competition may lead you to feel that you won’t be able to break into the market at all, let alone buy a new home.

But at Hallmark, we offer a range of affordable home designs that allow clients to achieve their new-home building goals. Opting to build in an up-and-coming estate or just outside major regional hubs also offers a greater selection of house and land packages to accommodate your budget.

Not only will this help get you into a new home in the short term, but the value of your property may increase as the area’s transport links, infrastructure (like schools), and lifestyle amenities expand.

There is often a misconception that new homes are like new cars, which depreciate as soon as they are driven out of the showroom. But in reality, it is quite the opposite. History has shown that land and house values steadily increase over time, even if there are temporary dips in the market. Plus, you have the potential to significantly enhance this capital growth with value-adding extras to your new property down the track.

Both owner-occupiers and investors can reap the immediate and future financial rewards of building a new home, particularly where the intention is to hold them for years to come. So, it is not too late!

As expert project builders, we at Hallmark Homes can help you determine your property goals and guide you through the process of home design and location selection.

Myth #4: You need an architect to design your dream home

This is indeed a myth! In fact, many of Australia’s most incredible award-winning home designs were not the work of architects.

Individual needs, budgets, and locations require different building specialists. At Hallmark Homes, we are known for designing and building quality houses to suit all block shapes, sizes, and terrains across South-East Queensland.

Our brilliant team of designers has curated a range of homes with the flexibility to meet your needs without the unnecessary cost of engaging an architect. We offer a choice of stunning façades, colour palettes, and finishes, inspired by some of the world’s finest design trends.

Myth #5: There’s no such thing as a low-maintenance home design

Think again. While every home needs a little TLC, a smart design can make all the difference when it comes to keeping things simple.

At Hallmark, our homes are thoughtfully designed with everyday living in mind. Open-plan layouts mean fewer walls, more flow, and less to clean. And with a wide range of durable, fuss-free flooring and finishes to choose from, it’s easy to create a space that looks great, without the extra upkeep.

We’ve also taken the hassle out of storage and landscaping. Our clever inclusions and practical layouts are all about making life easier, so you can spend less time on chores and more time doing what you love.

Want to see it for yourself? Explore our range of floor plans or step into one of our display homes across Brisbane, the Lockyer Valley, Gold Coast, and Sunshine Coast. Contact our friendly team today to help you start your journey to a home that fits your lifestyle.

 

*The information on this website is for general information purposes only. It is not financial advice. Consult with qualified financial advisors for personalised guidance.

1 Queensland Government – Transfer duty

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10 Smart Kitchen & Bathroom Choices

Kitchens and bathrooms are the most important rooms in your new home, but they can also be the hardest to change if something isn’t right. Getting it right before you build is critical—that way you won’t have to just ‘live with’ anything you don’t love.

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