5 Benefits of Buying a Newly Built Home
You have probably heard many opinions regarding the benefits of buying one type of home over another or perhaps even the benefits of buying a home instead of renting. There is no doubt that buying a home allows you to build equity. But not all homes are created equally. Older homes can be quite beautiful and great investments. But buyers should be ready to face many unknowns that do not exist when they chose to buy from new home builders.
1. Energy efficiency
A new home means an energy efficient home. Energy efficiency is increasingly on people’s minds; however, due to climate change related issues, it is a safe bet that energy prices will increase in the coming years. Keeping this in mind, energy efficiency has never been a more important variable in buying a home.
The simple fact is that, in general, older homes can’t match the efficiency of newer homes that typically will include up to date insulation and higher efficiency HVAC systems. Whether you’re buying a new home in Sacramento CA or a home in a colder climate like New England, you’ll be glad to retain warm air in the winter and cold air-conditioned air in the summer. Some new homes even come standard with solar panels, and smart home technology that monitors and control your energy usage. For example, learning thermostats adapt to set the indoor temperature based on your lifestyle and the weather outside.
Getting an older home’s energy efficiency up to new construction standards might be possible, but the process would be costly and time consuming. The superior energy efficiency of new homes will translate into a lower carbon footprint and big cost savings over time. For those moving into new townhome communities, ask the neighbors what they pay. You can expect something very similar.
2. Fewer repairs
Older homes need repairs. No matter how responsible the previous owners may have been, old homes tend to have a wide variety of issues. Whether it’s a leaky roof, cracks in the foundation or other issues, you can be sure that older homes will eventually begin to show their age.
3. Great warranties
Warranties are great for homeowners who are looking for a little peace of mind. If something does go wrong, especially shortly after you buy the home, you have a good chance of having those repairs covered. If you are buying from new home builders, be sure to find out all their warranty details ahead of time.
4. Exceptional fire safety
Sadly, fire safety is often overlooked when people consider buying a home. Quite often, fire safety and fire safety upgrades are built into new homes. Fire retardant chemicals in carpeting and insulation have become increasingly common.
You’ll also want to think about fire sprinklers, which may or may not be included in your new home. Smoke alarm systems are vital, but they only alert you to a problem. Sprinklers can do more than just detect a fire; they can also put it out. Fire sprinklers are required in homes of certain sizes, but this varies based on your local jurisdiction.
5. Enjoy a move-in ready home
If you’ve ever bought an older home, then you know that it may not be possible to move in until you’ve made repairs or bought appliances. A newly built home should be move in ready, which can save you money as well as the added inconvenience of having to handle tedious and expensive upgrades.
Newly built homes from reputable and proven new home builders are trouble-free homes. Moving can be a stressful ordeal, especially if you are moving out of state or to a new city. Knowing that your home will be relatively headache free is a good feeling and makes a very strong argument for buying a newly built home.