New homes vs. old homes:
why new homes are better
If you're in the market for a home, and you're thinking about whether to build and get a new home or stay with something already on the market, you want to consider a new home for various reasons.
A new home will be modernized
This is one of the biggest pluses that come with a new home. First, everything will be new. There's no concern about maintaining heavy-duty items such as plumbing, electrical wiring, water heaters, or even the new stove and fridge.
There's a fresh contractor and manufacturer's warranty within the home, covering you for some time. New Homes themselves come with warranties so you can take comfort in the fact that your covered even after closing.
Then you’re looking at modern floor plans and designs that help with better flow and layout management, as well as more aesthetically pleasing since you'll be able to pick out the design you want versus compromising on the design of an existing home.
A final component is that you're also future-proofing your home through the modernized home, which will help you make it a smart home either from the start or later.
You’ll save money
Your utilities will be much more manageable with all this smart tech and smart architecture to maximize insulation and minimize electrical usage as new homes are built to the new energy codes versus the design and build standards of an older existing home. Combined with everything, you won't have appliances soaking in electricity or heaters not pumping enough heat when needed.
New homes also qualify for some of the best mortgage loan offerings, with minimal down payments, such as F.H.A Mortgages, where only 3.5% down payments are needed.
When it comes to the equity on the building itself, it grows with appreciation, but also every time the builder who built your home raises their pricing as well, offering two ways for equity growth on a new home.
Eliminate the unknown of purchasing real
By building and getting yourself a new home, you won’t have to handle the stress of haggling with existing homeowners to buy their home and deal with all that negotiation, paperwork, and extra realtor fees to get their home in the end.
You'll also be able to pick your best friends to be your neighbors as you can easily offer them to consider getting a lot in these new developments for their new home as well.
Save yourself the headache
Work on getting the home you want to build the way you want instead of buying something used that may start to come with its own issues in the future without you being aware of it until it's too late. Pick your styles, tastes, décor, and color, and simply have that vision turn into a reality without ever needing to compromise.
And it doesn't matter whether you're looking for your next home or just starting to upgrade from being a renter; a new home is a perfect fit for everyone.