The Benefits Of Investing In A New Construction Home

Purchasing a new house as opposed to a pre-owned one comes with some considerable advantages

. Newly built homes these days are priced very close to similar pre-owned ones, so unless you want to be in a particular neighborhood that doesn't have any new construction, or want to be in an older dwelling with some history, a new construction house is usually the best choice.

One of the principal advantages that comes with the purchase of a new construction home is the comprehensive warranty. Warranties are obtainable when purchasing a pre-owned house, but the protection is much more restricted in duration and scope as compared to the warranties on new homes. New construction houses usually come with 1 year warranties for decorative features, 5 year warranties on major mechanical items such as kitchen appliances, and 10 year warranties on important structural components such as the foundation. The warranties that are offered on pre-owned homes typically limit coverage to a period of one year and may have limitations on what is covered.

Improved energy efficiency is a enormous benefit of investing in a newly constructed residence versus a pre-owned one. Newly built houses generally have much better energy efficiency than houses that have been built even as recently as five to ten years ago. Improved insulation and appliances that require less electric and/or natural gas use can consistently save you money on utility bills every month and these savings alone are regularly enough to offset any discrepancy in monthly payments on a newly constructed house and a comparable pre-owned home mortgage.

An added advantage of new construction is that there is generally less upkeep and care required as compared to older houses. Enhancements in exterior materials have resulted in houses that are more resistant to insects and damage from the weather, and new inside finishes are holding up better to daily wear and tear. Fewer repairs, replacements, and touch-ups means less inconvenience and less expenditure for you.

Generally is it possible to have at least some customizations done at little to no additional cost and you can get what you really like without having to undergo significant remodeling. New home builders can generally give you several floorplan selections and will often have design studios with consultants to help you choose the right finishes so you can make your residence truly your own.

One last advantage of newly constructed homes is that builders are often creating some very nice features in their new neighborhoods that are typically not available in older communities. Nature trails, high-tech sport courts, and large swimming pools and full-featured neighborhood centers can greatly enhance your enjoyment of your new home.

Without a doubt, there are numerous substantial advantages and benefits to investing in a new construction home instead of a pre-owned one. Between the enhanced home and community features, comprehensive warranties, better energy efficiency, and reduced repair and maintenance, newly constructed residences can provide a lot of value for the money. Although new homes may have somewhat higher purchase prices, savings on utilities and reduced repair costs will more often than not ofset the higher initial cost in the long-run.

by: dancz70qpo

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