The Advantages of Buying a New Construction Home

Posted On Friday, 20 May 2022 20:28

Did you know a recent study found that 60 percent of buyers would prefer to buy a newly built home over an existing home? In this article, we’ve put together a summary of the key advantages of buying a new home over a resale to help you decide if it’s the right choice for you.

New homes are more energy-efficient. The federal government has energy efficiency standards that all new construction homes are required to meet. These standards are much higher than those of the past. By living in a new home, you are reducing your carbon footprint and also saving money on lower energy bills.

New homes are built using updated materials. You’ve probably heard about unsafe materials used in older homes, such as lead paint and flammable carpets. New homes are built according to the latest standards using today’s technology. This means that only the safest materials are used and modern technologies, such as fire retardants and carbon monoxide detectors, are included.

Maintenance costs are lower on new homes. New homes are just that–new. When you buy a new home, you won’t have to worry about replacing the roof within a few years, fixing loose tiles in the bathroom, or updating your plumbing and electrical systems when something goes wrong. You will also have the protection of a new home warranty that will cover most unexpected problems that do arise.
You have more pricing certainty when buying a new home. During times of high competition in the resale market, when homes are selling for well above the asking price, bidding wars are common and buyers have little to no price certainty. Choosing to buy a new home eliminates negotiation from the homebuying process, giving you more certainty about the final price you will pay.

Newer homes have a higher resale value. If and when you decide to sell your home, even if it’s after several years, your home will be newer and more modern than most other resale homes on the market. This means you will end up with more in your pocket to spend on your next home purchase.

Buying a newly constructed home turns your dream home into a reality. When you buy an existing home, you would have to have incredibly good luck to find a house that exactly matches your vision of your dream home. Buying a newly constructed home gives you more control over its floor plan and design features so that you can turn your vision of your dream home into a reality.

As you can see, newly built homes offer many advantages to homebuyers. If you decide that a new construction home is the right choice for you, NewHomesMate is here to assist. On our platform, you can search for and tour thousands of new construction homes and communities in your area. Our new home experts are ready to guide you through the entire home buying process.

Start searching with us today!

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