The Advantages Of Purchasing A Newly Built House
There are a lot of advantages that come with purchasing a new construction home as opposed to a pre-owned home
. In the current real estate market, new construction properties are priced very competetively with pre-owned properties, so except for those individuals who want a house with some history or who want to be in a particular neighborhood that doesn't have room for any newly constructed, most people will do better with buying a new construction house.
The first major advantage of new construction properties is that they come with an comprehensive warranty. Although you can obtain a warranty on a pre-owned home, it will be much more restricted in the scope and length of coverage than the warranties on new construction properties. Newly built homes normally come with 1 year warranties for decorative features, 5 year warranties on important mechanical things such as kitchen appliances, and 10 year warranties on important structural components such as the foundation. The warranties that are offered on pre-owned residences generally restrict coverage to a period of one year and may have limitations on what is covered.
New construction homes more often than not have much better energy efficiency than the average pre-owned home. Residences built now are much more energy efficient than homes constructed just a few years ago. Energy-efficient appliances and heating and air conditioning units combined with enhancements in insulation will commonly save you sizeable amounts of money on your monthly utility bills, which will help offset the difference in mortgage payments between a newly-constructed residence and a pre-owned one.
New construction houses typically require less care and maintenance than older houses, and this further reduces your monthly costs. New exterior materials are more resistant to the weather and inside finishes are becoming more immune to wear. This means you'll have fewer repairs and maintenance to do, resulting in fewer inconveniences and reduced costs.
New homes often allow for customization at little to no charge, so you can obtain the floorplan and amenities that you really would like without going to the trouble and expense of a major remodel after purchase. A number of new home builders have quite a few flexible floorplans and many have design studios that permit you to select the finishes you would like.
Finally, home builders are often providing some really great community features in their newly-constructed neighborhoods that are very unusual in older communities. Community centers with large swimming pools, barbeque grills, sport courts, and occasionally even nature trails are becoming more widespread and these added amenities can make new development neighborhoods very satisfying to live in.
As you can see, new construction houses have a number of benefits over pre-owned houses. When you consider the warranties, the superior energy efficiency, modern floorplans and amenities, and enhanced neighborhoods, the worth of newly constructed houses frequently far exceeds that of comparable pre-owned properties. Although they may cost a little more than equivalent pre-owned houses, the savings and enhanced amenities are usually well worth the additional price.
by: craq1utvba
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