Deciding on a home is very personal, and there are many factors that go into making that decision. Pre-built and new construction homes both offer amazing benefits, which sometimes makes it hard to decide which one is best for your situation. This blog discusses some of the benefits of buying a new construction home over an older home.
Move-in Ready: A new-construction home will be ready for you to just add your final touches. You shouldn’t have to spend hours cleaning or working on updates and repairs because it’s already set to go. Plus, you’ve probably personalized most things, from paint colors to layout, so you will move in ready to know where you want all your furnishing and how the design will pull together.
Low-Maintenance Costs: When moving into a new construction home, you’re probably going to be met with immediately low-to-no-maintenance costs. Everything is new—plumbing, cabinetry, HVAC, appliances, flooring—these should all be worry-free for many years. Plus, most new homes are built with engineered products that are made for minimal care requirements and are more energy efficient (which bring us to the next point).
Energy efficiency: Most newly built homes come with the latest technologies, which include the benefit of energy efficiency. From materials to finishes, the home will include advanced products versus older built homes. Plus, most new construction homes need to meet certain energy requirements, and involve the certification of an independent, third-party home energy rater before a loan can close. These requirements include insulated ceilings and walls and efficient HVAC systems, which significantly reduces your monthly utility bills by keeping your home cool in the summer and preventing heat loss in the winter.
A Community of New Homes: Communities with lovely, new homes is another popular reason people choose a new construction home. Some of these communities comes with swimming pools, clubhouses, or pickleball courts. Many people like the purposefully crafted neighborhoods these new communities bring today.
New Home Warranty Protections: Builders will often offer a short warranty period for new construction homes, providing some peace of mind. Most older homes will not come with any sort of warranty, and you’re getting into the home as-is. Older homes could have hidden issues, which is much more unlikely with newly built homes.
More Modern Layout: A new construction home will have a fresh layout applicable to today’s trends. Whether you opted for a customized floor plan or not, you have some control over the layout design and details, which is not something you get with an older home. Older homes likely come with some remodeling needs, sometimes extensive, but you can be sure your new construction home is built with a modern feel and amenities. And, if you’ve opted for a custom-built home, the options are only bound by your imagination (and, of course, budget).
If you’re ready to look for a new construction home loan or decide a pre-built home is for you, visit InterWest Mortgage for assistance. We handle loans for practically any home purchase and love to help our clients get into the home of their dreams.