Should You Purchase a Newly Built Home?
The biggest difference in buying a home today and how it was several decades back is that there now exists a little bit more flexibility, thanks to various options made available to prospective buyers. There are homes sold by their previous or original owners, foreclosed properties sold by banks and finance institutions, and of course, those new construction homes for sale. While it is true that majority of people looking to purchase a house will prefer previously owned properties due to their practical price tags, you have to understand that there are also some perks you can’t just ignore when buying builder homes instead.
In this post, let us give you some of the most viable reasons why buying a newly built home makes sense.
1 – You can customize it as much as you want.
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One of the best things about buying a newly built home is that home builders usually give the buyers some room and liberty to contribute in the design process. So, it’s really quite a nice feeling to know that your new home is something you built based on your preferences. There are so many customizations that you can freely decide on your own, something you can’t do on a pre-owned property, including choosing paint color for the exterior and interior, type of flooring, type of roof, and the size of the rooms, bathrooms, and kitchens.
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2 – Repairs are put to a minimum.
The excitement over buying a new home compares to nothing. But then again, you do have to understand that it isn’t as easy as searching for the ideal property, paying for it, and then moving in fast. The fact is some people aren’t even ready to take on the home ownership role for the reason that it comes with the tedious responsibility of maintaining it. And for the most part, maintenance means doing the necessary fixes and repairs. But the good thing about new construction is that repairs are going to be at a minimum since practically everything inside is new.
3 – You get the benefit of a better warranty.
If you are considering a newly built home as one of your options in buying a house soon, you will come to realize that in spite of the higher price, they come with better warranties, including free repairs for at least one year as offered by most builders. Supposed structural issues, damage, or any problem in the home surfaces within the warranty period, it means the builder will cover the costs for repair. It may be true that you will save thousands of dollars if you purchase a pre-owned home, but the kind of repairs you expect to cover along the way could very well level the playing field.