09 Jul Top 10 Reasons You Should Buy A Brand New Home
Have you been thinking about purchasing a home? There are so many factors you should consider when you’re ready to make the big move. Things to consider are the neighborhood, the size of your new home, different floor plans and more. After all, this is one of the largest investments you will make in your life. Consumers should consider purchasing a brand new home over a pre-owned home for many reasons.
The standard in the new home industry is that each home comes with at least a one-year warranty on structure. Some of them generally come with a five-year warranty on major appliances for your new home. Additionally, third party warranties are available for new homes. Re-sale homes do not come with warranties and over time, you will need to replace appliances and home structures. Replacing appliances can be costly to home buyers, so consider a brand new home with top of the line appliances and warranties.
Home Maintenance Costs
Years of usage on appliances and wear and tear of the home will ultimately affect your wallet. If you purchase a pre-owned home, you will have to replace structural elements of your home sooner than a brand-new home. You do not know the quality of care given to your home by previous owners or how weather has affected certain elements over the years. If you are the first one in the home, you know the history and how you care for it.
Ability to Customize Your Floor plan
When you finally decide on a builder’s floor plan, you have the option to customize it. Design the home of your dreams from top to bottom before it’s ever built. You can add an extra room, create more closet space or eliminate a room all together. There are endless possibilities to creating the perfect home for you when you build new. Additionally, you can upgrade the materials to exactly what you want. In contrast, you will not have this option when buying a pre-owned home.
Low Financing Options
Some of the biggest issues in purchasing a home is securing a mortgage with great rates, dealing with closing costs and inspections. Many new home builders will have already done the research and know where the best rates are for their clients.
Choose Your Own Finishings
By purchasing a brand-new home, you can be the ultimate decorator. You can choose your own colors, carpet styles, tiles wall coverings, light fixtures, appliance colors and exterior colors.
Another important point to take into consideration is that most homes need remodeling 25-30 years later. All homes have a lifespan and must be kept up to avoid losing value. A brand-new home will score higher appraisal values because they have a longer life over a pre-owned home.
When it comes to buying a new home, you’ll receive the latest and greatest in everything. New materials to build your home and also new appliances inside of your home. Appliances are constantly updated and new technology is being added to them. By buying a new home, you will have the most state-of-the-art appliances throughout the home, under warranty.
Home Site Location
Another aspect of buying brand new is the option to pick your home site. After you choose your builder and floor plan, you can purchase your vacant lot separately and in a location that suits you. Not only do you get the home of your dreams built from the ground up, you’ll get it in exactly the neighborhood of your choice instead of settling on where a pre-owned home is situated.
By law, new homes must adhere to new energy codes that homes that were built in the past. Also, many of the new appliances come with the Energy Star sticker which will tell you exactly how much money you will spend and how much energy. All of these factors result in savings for you in the long run. Pre-owned homes built years ago may not be as energy efficient.
Finally, the overall pricing of a brand-new home will be competitive per square foot with the newer resale homes. However you will have many choices you would not have otherwise.
In conclusion, there are many great advantages to purchasing a brand-new home over a pre-owned home when shopping for your next property. You will save money, time and many headaches.. Make sure to weigh all of your options before making your next home purchase and consider all of the great benefits to building a new home.
For more information, contact Edward Russell Johnston, General Contractor. He has one of the best teams (engineer, architect, interior designer and builder) anywhere in this part of Florida to create an outstanding project as cost efficient, timely, and enjoyable as possible.