Newly constructed homes are very popular with a large segment of buyers. There are good reasons for it too – other than that new home smell of course.
With pros and cons for both new and resale homes, you can’t go wrong but here are 4 reasons why buying new can cut homebuyer costs.
1. Peace of mind
Like everybody else that completes the purchase of a home, things are going to be a little bit tight for a while. You don’t need any new headaches. Like a new car as opposed to a used car, the likelihood of problems arising is diminished in buying new. Nothing in the home has ever been used before. There’s no 20-year-old HVAC system to worry about or faulty electrical wiring. You will have peace of mind knowing that you won’t likely have any major repairs to worry about.
2. Energy savings
While older homes have their charm, most are not energy-efficient and be very costly to keep it warm of cool. Newly built homes are much more energy conscious than those of decades ago. That new HVAC system has never been used and it’s incredibly more efficient than the clunker in an older home. The new kitchen appliances and water heater will also be of higher efficiency. You’re saving big on energy costs with new construction.
KB Builder has recently built several new home developments in Southern California. Their solar power energy system and WaterSense appliances on average save homeowners $1,000 on their energy bills per year.
3. No Repairs
In a newly built home, there aren’t any drippy faucets, cracked windows, holes in gutters, shingles to be replaced, or electrical or plumbing issues. It’s all been inspected by the municipal building inspector. Nobody can live in the home until such time as they’ve issued an occupancy certificate. If something does go wrong, everything is under warranty, including all of the appliances that came with the home. That all ends up as big dollars saved. There won’t be any home or appliance repairs for many years.
4. More choices
When you buy an existing home, you get what you get, and that’s about it. When a builder knows how much you want to spend on a home, they’ll give you a variety of choices from lots, floor plans, cabinets, vanities, tile, carpets and kitchen appliances. The only choices you’ll make on existing construction are the changes you might make at your expense.
If you buy a newly constructed home, it won’t take long to see the benefits. You’ll have more choices, more energy efficiency and fewer headaches.
Via First Team Real Estate.
Thank you for reading. I hope you found this information useful.
Jeff Pittman, Realtor in Ladera Ranch – Orange County, California