Why the higher cost of a new house may be worth it
Buying a new home instead of an existing one has plenty of perks: Maintenance costs will likely be lower, the home will be more energy efficient and it will look more modern.
Of course, you’ll pay for those perks; new homes cost more than comparable used ones.
New homes are more likely to be outfitted with “modern features,” including an open floor plan, bigger closets, a kitchen island and walls that are pre-wired for flat-screen TVs. Getting modern features was the most common reason people strongly preferred a new home. By buying new, you also may have the option of customizing the home.
Some of the top benefits of buying a new construction home include:
Low-Cost Maintenance – 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 numerous years. You’ll also save with a new home’s heating and cooling systems, given that newer furnaces and air conditioners tend to be more energy efficient. Appliances also perform better when they’re newer.
Move-In Ready – Whether you’re on a strict schedule or a tight budget, new construction homes are a great choice for home buyers who want to move in worry-free with only their suitcases. With a new construction home, you can trust everything is up-to-date, 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 You also don’t have to worry about missing or outdated appliances, as new construction homes often come with state-of-the art appliances already installed.
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.
Designed to Fit Your Style – With several options to choose from, a new construction home lets you design a space that fits your style. The choice is yours. Whether you choose 18”x18” ceramic tile, granite countertops, finished wooden cabinets or a palatable neutral wall color, your home will be finished in a way that’s tailored to your preferences. You also have the added appeal of being the first to cook a meal in your kitchen or enjoy your brand new spa bathroom.
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