BENEFITS OF BUYING A NEW CONSTRUCTION HOME

To help consumers better understand the advantages of new home buying, I compiled a list of reasons to choose a new home over a resale.

To get the new construction detail please click here [New Home Construction]

Financing:

New home buyers may be able to take advantage of mortgage financing perks made available through their builder. “New home builders, in many cases the larger ones, have their own mortgage companies or they will offer paying points or closing costs and buy down certain rates for you. Even sometime they may contribute some money on upgrade costs.

Personalized Design:

Many home builders allow buyers to participate in the process of designing their property, which helps create a living space specifically tailored to the consumer’s tastes. New home buyers, for example, can often decide where their bathroom might go, choose their favorite type of flooring, or pick the color of the exterior paint. Buyers moving into a subdivision can sometimes even pick the lot they like best. Instead of putting a lot of time and money into renovations, enjoy your new home, personalized to your style and designed for your life, from the day you move in.

Building codes:

Building codes have mandated increasingly higher energy efficiency standards since they began to address the issue in the late 1970s. The most recent International Energy Conservation Code came out in 2009 [and] required roughly 17 percent more efficiency than the codes of three years prior, Newly constructed homes use energy more efficiently in two ways. First, they tend to have a tighter-sealed building envelope that helps prevent conditioned air—cool air in the summer, warm air in the winter—from escaping.

Green appliances: 

The more energy-efficient mechanics of the house also help reduce utility bills for new home buyers. Newly-constructed homes often include green systems and appliances—like high efficiency stoves, refrigerators, washing machines, water heaters, furnaces, or air conditioning units—that homes built years ago might not. The conditioning equipment is usually considered to be one of the larger energy consumption devices, but certainly those kitchen appliances matter. Existing homeowners can always retrofit their property or buy higher-efficiency appliances, but doing so requires a potentially significant expense.

Less maintenance & Fewer repairs: 

At the same time, today’s new homes are engineered specifically to minimize maintenance requirements. You buy a used house you don’t know what you are getting, you might have to do a lot of maintenance. The features of newly constructed homes should also hold up better than those of existing homes, which may have experienced years of wear and tear. People will buy [previously-owned] houses and then the carpet needs to be replaced or it needs to be repainted, or it needs new appliances, or the flooring is shot. When you buy a new home in today’s market, it really is new.

Warranty: 

In addition, builders often agree to take care of the repair work that becomes necessary in your newly constructed home for at least the first year. A new home is generally fully warrantied by the builder for a minimum of a year and most of all the other components are warrantied for extended periods. So if your roof starts leaking or the heater breaks during the warranty period, your builder will pick up the tab for the repairs. When you buy a resale home, even if you have a home inspection done, it still does not turn up hidden defects that you don’t find out about a lot of times for two years.