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Advantages of buying new homes:
Delayed Major Maintenance Costs
New homes are built to last, so homeowners who purchase newly built properties often face lower monthly maintenance costs. Based on the American Housing Survey, 26% of homeowners spent $100 or more per month on maintenance costs. But that number is significantly lower in homeowners who purchased homes built within the last 4 years. In fact, 73% of these homeowners spent less than $25 per month on these costs. This lower need for upkeep also makes it easier for new homeowners to get a home warranty.
New houses 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 several years.
Built in accordance with the latest building codes and safety regulations, new houses are engineered to require less care and maintenance. With less to worry about and fewer unexpected out-of-pocket expenses after move-in, you can spend time enjoying your home and exploring your new community rather than making repairs and updates to an existing home.
Energy efficiency has become increasingly important over the years, so in most cases, the newer the home, the easier it is on the environment. New homes better retain heat in the winter and air in the summer due to their thicker, dual-pane windows and insulated walls, ceilings and floors.
Depending on the home design, there’s also potential for an even stronger focus on efficiency, as some modern new homes come with built-in solar panels and other renewable energy sources.
With modern construction and the integration of advanced technologies comes the added benefit of energy efficiency. New homes are built with the latest advances in construction materials and building practices, which can give new homeowners the benefit of reduced monthly utility bills.
Many new construction homes are certified by an independent, third-party home energy rater, which requires the home to meet certain energy standards and requirements. This means the home will include insulated walls and ceilings, helping to reduce heat loss during winter and keeping your home cool during summer. Many new homes also include high-efficiency central air conditioning, further reducing utility usage.
Safety Stamp Of Approval
Homes that are up to code come with many benefits on top of the physical safety of your family. Because a new construction requires compliance with stricter safety regulations, newer houses require less maintenance and receive the safety stamp of approval – which typically results in lower insurance costs and higher resale value.
Modern Floor Plans and Designs for How You Live
Pre-owned homes can be dark and boxy, often leading you through a maze of tiny rooms that have you seeing dollar signs for each wall you’ll want to tear down.
In contrast, a new built home is a bright and welcoming experience from the moment you walk in the front door. Often with a wide-open floor plan, many new homes boast tall ceilings that give a spaciousness you can’t always find in an existing home.
They are also thoughtfully designed for the way people need and want to live. An open eat-in kitchen with an oversized island creates the optimal place to gather with friends and family, and bedrooms and bathrooms are strategically placed to keep every family member or guest happy.
Larger Living Spaces
New homes aren’t always larger than old homes – but as flowing, open floor plans have grown in popularity, we’ve seen these trends reflected in newer properties. This has led to a greater average square footage, more storage space and plenty of open spaces for entertaining.
The Convenience of Move-In Ready
Whether you’re on a strict schedule or on a tight budget, new construction homes are a great option for home buyers who want to move in worry-free with only their suitcases.
You can trust everything is updated, 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 dated appliances, as new constructions often come with state-of-the-art appliances already installed. This can include:
Washer and dryer
Stove and oven
The Protection of a 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.
New developments’ warranty gives you one less thing to worry about during the home-buying process.