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Advantages of Buying a New Build
Dated: March 4 2019
When you are looking to purchase a new home you often think about price, location, layout and amenities. You should also ask yourself if an existing home or new build would be better for you and your family. There are benefits to both, but today we are talking about the benefits of purchasing a New Build Home.
§ Everything is new: Every element of the home—from the foundation to the rooftop—is brand new, clean, and in working order.
§ Maintenance and repairs: In the initial years of ownership, the buyer can avoid some of the maintenance and repair costs that come with resale homes.
§ Warranty: New homes usually come with a builder’s warranty on the structure and manufacturers’ warranties on all appliances and mechanical systems.
§ Energy efficiency: Heating and cooling units, water heaters, and other energy-consuming items are manufactured with the latest innovations in energy efficiency. Innovations in design and the building materials boost the energy efficiency of new homes and lower utility bills.
§ New wiring: Wiring for phones, electrical outlets, media, and computer access enables capacity and placement to the buyer’s specification.
§ Individual choices: Finishing choices reflect the buyer’s taste and enhance the enjoyment of daily life. Floor-plan selection matches the home layout to the buyer’s lifestyle and needs.
§ No haggling over conditions and repairs: A buyer walk-through prior to closing replaces haggling over condition and repairs. The builder notes needed repairs and touch-ups on a punch list.
§ Flexibility: Depending on degree of customization, siting, size, and floor plan can be matched to the buyer’s needs and wants.
§ Relationships with lenders: Builder may have prearranged financing geared to the subdivision’s target market, which speeds up the application process. Large builders can negotiate attractive rates, terms, and incentives as well as roll closing costs into the price.
When you are ready to start looking for a new home let us help you explore both existing homes as well as new builds. Together we will find what is the best fit for you!