With little to almost no homes available to buy, building or buying a new construction home has been the way to go. Depending on what’s important to you, you may find that the advantages of a new construction home outweigh the benefits of a pre-owned alternative. In this blog you will read five reasons that building a new home is the best option in this market.
Low Maintenace Cost
New construction homes come with a significant financial benefit: low maintenance costs. With modern plumbing, appliances, heating, and air, a new construction home can leave you worry-free for several years.
Built-in accordance with the latest building codes and safety regulations, new construction homes are engineered to require less care and maintenance. With less to worry about and fewer unexpected out-of-pocket expenses after move-in, you can spend time enjoying your new home and exploring your new community rather than making repairs and updates to an existing home.
The Convenience of Move-In Ready
Whether you’re on a strict schedule or on a tight budget, new construction homes are a great option for homebuyers who want to move in worry-free with only their suitcases.
With a new construction home, you can trust everything is updated, your plumbing will work and you won’t have any foundation problems that must be fixed before you can move into the home.
You also don’t have to worry about missing or dated appliances, as new construction homes often come with state-of-the-art appliances already installed. This can include:
- Washer and dryer
- Refrigerator
- Stove and oven
- Microwave
- Dishwasher
The Protection of a New Home Warranty
Just like when you purchase a new car, a new construction home – and everything in it – often comes with a warranty. This means you can buy with confidence knowing the builder will cover the cost of any issues during the warranty period, such as a leaky roof or broken water heater. This is unlike a pre-owned home where you may not know about hidden defects or problems until after you’ve purchased the home – and you’re left with the bill.
A new construction home warranty gives you one less thing to worry about during the home-buying process.
Modern Floor Plans and Designs for How You Live
Pre-owned homes can be dark and boxy, often leading you through a maze of tiny rooms that have you seeing dollar signs for each wall you’ll want to tear down.
In contrast, a new construction home is a bright and welcoming experience from the moment you walk in the front door. Often with a wide-open floor plan, many new homes boast tall ceilings that give a spaciousness you can’t always find in an existing home.
They are also thoughtfully designed for the way people need and want to live. An open eat-in kitchen with an oversized island creates the optimal place to gather with friends and family, and bedrooms and bathrooms are strategically placed to keep every family member or guest happy.
Timeline Constraints can be Mitigated
While the average time to build a house from contract to completion varies from three months to about nine months, there are options available for buyers in a hurry. Many builders have spec homes or immediate delivery homes that can be moved into within 30 days. These are homes deliberately built to accommodate buyers with a tight timeline or they are homes built for a buyer whose contract didn’t go to settlement.
Spec homes that have been built on purpose tend to be neutrally finished, says Rezende, with design choices made by professionals based on the most popular finishes and fixtures chosen by other recent buyers.
Credit: https://www.khov.com/blog/7-benefits-of-buying-a-new-construction-home-vs-existing-home/
