A lot of people prefer new construction homes for a variety of reasons. They provide buyers with the chance to design their ideal living environment, from floor plan designs to building materials. These include everything from extra energy-efficient HVAC systems, custom cabinets, doors and windows.
Constructing a new home is exciting and here is what you will have to look forward to when making the decision to purchase and go through the building process. Let's take a look at some of the advantages you can expect.
Make it unique & special.
When building new construction, customizing your new home is one of the most exciting parts. Having a custom, tailored home allows builders to display their creative talent and craftsmanship. Expressing yourself with materials that reflect your tastes, preferences, and personalities is also an option.
When you purchase an existing home, you cannot alter the layout of the house. At best, you can remodel and replace the old fixtures and finishes. If personalizing your next home is at the top of your wish list, a customized new home may appeal to you.
Being new it's very clean.
Want to ensure your health and the health of your family? New houses are the best option for clean living. Knowing that no one has ever lived in a new home is a great feeling. All the newest materials and sealants are used in new houses, making it impossible to find a cleaner alternative. Overall, living in a brand new house that no one has ever lived in will prevent you from having to deal with any unpleasant surprises when purchasing an older house that has already been lived in.
It's not necessary to update.
When you purchase a new and improved masterpiece, there is no need for updating because the products used are drawn from current design trends. An existing resale home, on the other hand, is not necessarily a blank canvas.
A prospective homeowner who purchases an existing resale house may discover that the previous owners selected colors or flooring patterns decades ago, leaving them with the desire to alter certain features. When you create a new home from scratch, you have the opportunity to make a variety of design choices, which is a significant advantage to purchasing a new house rather than an existing one.
Saving energy
New, energy-efficient houses being built today can make everyday living much more manageable. Utility costs are on the rise in 2022. Because new construction is more energy-efficient, utility costs are lower than average and thus cause homeowners to worry less about their electricity and gas bills every month.
The new construction houses are so energy-efficient for several reasons, including vinyl windows, new door trim and seals, and improved insulation between walls to prevent drafts. These goods may significantly reduce the need to heat and cool your home. If you are looking towards a prebuilt home due to a lower price point remember the energy savings of a new construction home.
Lower upkeep costs
New homes require less maintenance than older existing ones. You won’t have to worry about your roof leaking when it rains or your air conditioner breaking during the hottest months of the year. You can enjoy all the benefits of living in a new home without having to deal with maintenance issues. When things break down, they are often covered by a builder's warranty, which we will discuss next.
It's a smart idea to get a third-party home inspection on a new construction home, even though everything is brand new. Most people only get home inspections on pre-existing homes. After the cost of construction, who wants to pay for a home inspection? In reality, a home inspection costs around $350 to $500. It may save you up to ten times as much if anything is found to be defective.
Builder provided warranty.
Builders typically provide warranties with their housing that are not available on new residences. Even if you could buy a home warranty later, it would not cover as many items as your homeowner's insurance. A builder's warranty goes beyond everything that your homeowner's insurance covers.
Home builders typically provide coverage for any problems with the house for the first two years after purchase. Since new houses are being built in their area, they can be fixed right away. I was very pleased with the warrant of my new construction home. It was much less difficult than dealing with a home warranty or an homeowners insurance claim.
Warranty quality differs enormously between builders. You can check the Better Business Bureau (BBB) website for reviews on the builder you want to hire or ask around your neighborhood for more information.
The incentives home builders provide.
Homebuilders frequently offer in-house financing that competes with most 3rd party mortgage firms. For example, they may give you $5,000 off your closing costs by using their financing. Since they are already profiting from your house purchase, they have the extra margin to offer financing incentives that external sources cannot.
It is sensible to shop around to make sure you're getting the best mortgage offer. With all of that said, builder incentives may change as the market switches from a seller to a buyer's market. Currently, builder in the Dallas, TX area are offering steep incentives to move inventory.
It's time to draw a conclusion.
It's crucial to make the right investment when purchasing a new construction home, which is one of the biggest investments you will ever make. Having the ability to shape your vision for your ideal home when buying a new construction home is one of the biggest upsides for purchasing new construction.
Architects and interior designers have created a wide range of floor plans for you to choose from. You can also design your own house, adding custom cabinets or countertops, hardwood floors in every room, or even an extra bedroom if your family is growing and there isn’t enough space.
Having gone through the list above, you should now have a good idea of whether building a new home is a good choice for you, or not. Working with a real estate agent will help you get the best results. Because of their experience and knowledge, they will help you through the process and keep you from getting confused as you construct your new home.
If you would like to speak with a real estate professional in the Dallas, Tx area about all the new build communities and current incentives please click on the floating button that reads "How Can We Help." We would love to review all options and answer any questions.
