Why Buy a New Home?
Although there are many benefits to purchasing a resale home, newly constructed homes provide significant advantages for today’s homebuyer.
Warranty
New homes are usually offered with an extensive warranty. In most cases, buyers receive one year’s coverage for everything in the home plus six years for major structural defects. Although resale homes typically have a warranty upon purchase, such warranties tend to cover only specific items in the home.
Appreciation
Statistics indicate that the maximum appreciation for a home is gained within the first four years after construction. Thus, a wise investment is inherent in the purchase of a new home.
Upgrades & Customization
Upgrading or customizing a new home, while the construction phase is in its final stages, is certainly less expensive and more efficient when compared to implementing the same modifications on an existing structure. Walking into your new home with the floors, paint colors, and fixtures that you chose is a gratifying experience.
Safety
Some older homes present a safety concern to the prospective buyer due to asbestos in the attic or lead-based paint on the walls. Due to modern building codes and strict safety requirements, new homes avoid these problems.
Energy Efficiency
New homes are built with more energy efficient materials than those used in older homes. This aspect of the new home has a less negative impact on the environment and results in lower utility bills for the homeowner.
Less Maintenance
Newer materials also require less maintenance. The owner of a new home has more time for relaxing at home rather than repairing it.
Modern Technology
Additionally, new homes are more adaptable to modern technology. Whereas an older home would need cable jacks and data ports installed, the new home has them in most every room.
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