There are many benefits to buying a brand-new home. These include customization, energy efficiency, and a warranty.
A new construction home also eliminates the hassle of dealing with old paint or asbestos. It can save you money on specialized tests and inspections. In addition, the new home will likely come with a warranty covering major structural items.
Customization
Buyers at Forest Ridge can personalize the interior of their new homes to their exact preferences. Whether they’re looking to add a wine cellar or upgrade their main bathroom, a new home allows them to build it exactly how they want it without paying for costly renovations later.
Many builders offer design teams to assist with customizing a new home while it’s still under construction. These professionals can help ensure the finished product matches the buyer’s style preferences and lifestyle needs.
Energy Efficiency
New homes often feature Energy Star appliances, windows, and insulation that reduce energy costs. Adding energy-efficient solutions like LED light bulbs or smart thermostats can significantly lower your utility bills even if your home isn’t new.
Energy-efficient home upgrades also increase your resale value. As more and more homeowners become financially literate and eco-conscious, they’re willing to pay a premium for a house that reduces their energy costs.
If you’re looking for a green upgrade, working with a knowledgeable energy consultant can help you get approved for the right mortgage and install various sustainable solutions to reduce your electric and natural gas use. You’ll see savings in your monthly bills, from energy-efficient toilets to solar panels.
No Maintenance
While buying a brand-new home may seem like a dream come true, there are some things that buyers should consider before taking the plunge.
Unlike resale homes, new construction properties typically require less maintenance and repair costs in the long run. This is because all products and systems are brand-new, and most builders offer warranties for their work.
Buyers can expect to save money on repairs and maintenance costs in the long run, reducing their overall expenses. However, it is still essential to get a home inspection before purchasing.
This way, buyers can ensure that everything in the home is pristine before moving in. It will help them avoid any unforeseen expenses that may arise later on.
Modern Design
New houses offer various contemporary design options, such as open floor plans that create a sense of spaciousness and make rooms feel bigger. Builders often incorporate energy-efficient features like insulated windows and doors to reduce energy costs.
And since a brand new home has never been lived in, it won’t have any quirks that come with an existing property, like stains on the carpet or dinged-up walls. It’s a pristine investment that will only increase in value over time.
Warranty
As we all know, buying a home is a substantial financial commitment. Purchasing a new construction home from the builder can reduce some of those financial risks by protecting your investment.
New construction homes often come with warranties to protect you from unexpected issues. It includes a one- or two-year warranty on plumbing and electrical systems. They also typically include a manufacturer’s warranty on appliances and heating and cooling equipment.
Whether buying an existing older house or a brand-new build, hiring a buyer’s agent specializing in these transactions is wise. They can help you find a lender who understands new construction and guide you through hiring a reputable home inspector to check for potential issues.
