Buying a BRAND NEW home may seem daunting when you can get a resale for a couple of hundred dollars less a month, but buying a new home can actually save you money in the long run (plus a few other benefits!)
The word NEW is the key here because everything in a new construction home is brand new.
This includes a 1-year warranty on everything PLUS a 10-year structural warranty. This comes in handy when appliances break or the foundation of the home starts to shift. If you don’t buy NEW, then you will have to pay out of pocket for those items. New construction homes are very low maintenance in comparison to buyin.65489g a resale home.
When you buy a new construction home, you have the ability to have ALL or part of your closing costs paid; this saves you money INSTANTLY.
New construction homes are also energy efficient, which means you will be saving LOADS of money on your electricity bill, whereas a resale home doesn’t offer this same benefit.
You can customize EVERYTHING when you build a new construction home – from flooring to backsplash to faucets and light fixtures. It will be custom-tailored to YOUR liking and exactly how you want it.
There is no need to worry about replacing that hideous tile flooring throughout the kitchen of a resale home or updating outdated light fixtures.
Most new construction homes also come standard with SMART features that are very convenient in this day and age.
New construction communities offer other benefits like superior drainage, making it much less likely to flood than an older neighborhood.
Builders also don’t sell to investors so that the newer community will retain its integrity for a more extended period.
Most people who purchase a new construction home plan to live in that home rather than rent it out every year or so. This means that you’ll get to know your neighbors, and your property value is protected.