The Cliffs Lake Keowee communities have an active development pipeline AND a mature resale market. Buyers face a real choice: new homesite + custom build, or buy an existing home that someone else already built.
The two paths are not equivalent. This page is the framework.
The structural differences that decide the answer.
You design the home you want — siting, layout, finishes, dock configuration. Constrained by community ARB and the vetted builder roster, but largely your call.
18–30 months from contract to certificate of occupancy. Design phase 6–12 months, construction 12–18 months. Some Reserve and complex sites longer.
Custom builds typically price 15–30% above comparable resale per finished square foot. Land + design + construction + landscaping + finish-out + ARB review fees.
You get what someone else built. Excellent if the home matches your needs; worse if you'll renovate. Many resale buyers factor a renovation reserve into their underwriting.
30–60 days from offer to close. Move-in capable. The fast path.
Lower per finished square foot than new construction — usually by 15–30% for comparable specifications. Renovation reserves can narrow that gap.
A buyer-side framework for picking the right answer.
...you have a specific home design in mind, the timeline works for your relocation, and you value full design control. Especially compelling for waterfront sites where dock-permit feasibility and home siting are tightly linked.
...you need to be in within a year, you're flexible on layout, OR you find a recently completed home (2–4 years old) where the prior buyer absorbed the new-construction premium and is exiting at a discount.
A side-by-side analysis of two specific homesites versus two specific homes is the right framework — not a generic build-vs-buy answer. Full build vs. buy guide →
A 30-minute conversation is the fastest way to get a confident next step.