Buying a newly built home has many advantages that you won't find in an existing resale home. From modern floor plans and designs to energy-efficient appliances and technology, there are plenty of benefits to consider when making the decision to buy a new build. Architecturally speaking, a newly built home is like a blank canvas, ready to be created as the buyer sees fit. With current design trends, there is no need to update it.
Additionally, newly built homes require less maintenance than existing older homes. You won't have to worry about the roof leaking when it rains or that the air conditioner will break down in the middle of summer. You can enjoy all the benefits of living in a new home with no maintenance issues, as most are covered by the manufacturer's warranty. Newly built homes are also built incorporating the latest technology when it comes to energy efficiency.
You can equip your home with energy-efficient appliances and technology that will help you keep your monthly bills as low as possible. This is also likely to result in having to do less maintenance in the short term. When building a new home with everything you want from the ground up, there are plenty of design options you can take on your own. However, buying a newly built home already costs about 20% more than an existing one, so consider the additional costs and be careful to find a balance between getting the things you want and staying within your budget.
Many home builder warranties cover anything that happens to the home within two years of the purchase date. Plus, builders pay the real estate agent's commission when buying a newly built home. This is an added bonus that you won't find when buying an existing old home. When it comes to customizing your new build, you'll definitely want to find the right equipment to work with. World-class energy efficiency, new appliances, the latest in modern designs, customizable accessories and quality guarantees are all benefits you won't find if you buy an existing home. Modern building standards optimize energy efficiency by default, and new homes are built with better building materials than homes of the past.
If you decide to use your newly built home as a rental property, you probably won't have to deal with the increased maintenance costs that are normally required to keep an old home in good condition.
