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Advantages Of New Construction Homes Versus Pre Owned Houses

Buying a new home as opposed to a pre-owned one comes with a number of substantial benefits

. In the current real estate market, newly built homes are priced very competetively with pre-owned houses, so except for those people who want a residence with some history or who want to be in a specific neighborhood that doesn't have area for any newly constructed, most individuals will do better with investing in a newly built residence.

A considerable advantage that newly built houses have over pre-owned is the warranty coverage. Warranties are obtainable when investing in a pre-owned house, but the protection is much more limited in duration and scope as compared to the warranties on new houses. Warranties on new construction residences generally cover you for one year on basic finishing and appearance items, five years on appliances and other mechanical items, and ten years on structural items. With a pre-owned home, a typical warranty is restricted to one year on everything.

New construction houses generally have much better energy efficiency than the average pre-owned home. Houses being built currently are as a rule much more energy efficient than ones built just 5 or 10 years ago. Energy-efficient appliances and HVAC units in addition to enhancements in insulation will usually save you considerable amounts of money on your monthly utility bills, which will help offset the difference in mortgage payments between a newly constructed home and a pre-owned one.

An additional benefit of new construction is that there is typically less maintenance and care required in comparison to older homes. New inside finishes hold up better to damage and superior exterior finishes are more immune to damage from the elements and insects. This means you'll have fewer repairs and maintenance to complete, resulting in fewer hassles and reduced costs.


Investing in a new construction residence generally allows for at least some customization so you can get your dream home without having to do significant renovations. New home builders can commonly give you several floorplan selections and will frequently have design studios with consultants to help you pick out the right finishes so you can make your home truly your own.

Lastly, home builders are often providing some really great neighborhood amenities in their newly built communities that are very uncommon in older communities. Community centers with big swimming pools, barbeque grills, sport courts, and occasionally even nature trails are becoming more common and these added features can make new development communities very satisfying to live in.

Evidently, there are many substantial advantages and benefits to investing in a newly built residence as compared to a pre-owned one. Between the enhanced home and community amenities, comprehensive warranties, enhanced energy efficiency, and reduced repair and maintenance, new construction homes can provide a large amount of value for the money. Although they may cost a little more than equivalent pre-owned homes, the savings and enhanced amenities are usually well worth the additional expense.

by: dancz70qpo
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Advantages Of New Construction Homes Versus Pre Owned Houses