Monday, June 9, 2014

8 Reasons to Choose a New Home Instead of a Resale

There are several reasons to buy a brand new home when you are ready to purchase. Here are 8 top reasons to choose a new home over a resale.



 
1. Customization -  Even in a semi-custom home where options are limited, a homebuyer can frequently choose the type of flooring, colors, fixtures, appliances, etc., therefore, putting their own personal signature on the home.  In addition, if there are several homes in a subdivision, the buyer can handpick their lot.

 
2. Efficiency - Building codes have required higher energy-efficiency standards over the years.  In many cases, your utility costs will be lower because of energy efficient products in the home that are now government mandated.  As homes that meet code are being built, it's pretty clear that they are going to be more efficient.

 
In addition, newer homes tend to have a tighter-sealed building envelope, or the enclosed part of a structure, that helps prevent conditioned air — cool air in the summer, warm air in the winter — from escaping. Features that create this envelope include higher-efficiency insulation, doors and windows.

 
Owners of existing homes can always retrofit their property or buy higher-efficiency appliances, but doing so can be expensive.

 
3. Fewer repairs - The features of new homes should also hold up better than those of existing homes, which may have experienced years of wear and tear.

 
4.  Less maintenance - Today’s new homes are engineered specifically to minimize maintenance requirements. 

 
5. Warranty - Builders often agree to take care of the necessary repair work in a new home for at least the first year.  Some builders even offer a 2/10 warranty which provides limited coverage for up to ten years.

 
6 Fire safety - New homes often include fire-safety features that may not be in properties built years ago. For example all new homes are required to include hard-wired smoke detectors.  In addition, some homes are equipped with fire sprinklers and fire retardant materials. 

 
7. Concessions - Builders are accustomed to selling homes on a regular basis and have the experience and knowledge of how to transact a fair deal with the buyer.  This experience will often allow them to be flexible in areas where a private seller may not be able to.

 
8. Financing - Sometimes home buyers can take advantage of mortgage-financing perks available through their builder.

 
Nancy Puder is a real estate broker in Arroyo Grande, CA. with Nancy Puder & Associates. If you have any questions or concerns regarding your own property, contact Nancy at (805)710-2415 or email Nancy@NancyPuder.com.  You may also go to Facebook.com/Nancy Puder Realtor and "like" her page to access other real estate related articles.

 

 

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