Pros of a New-Construction Home
Similar to acquiring a new car, investing in a newly constructed home offers the advantage of owning property in impeccable condition. However, it’s crucial to also take into account the drawbacks of new construction. Here, we explore both the benefits and disadvantages of purchasing a newly built home.
According to Real Estate,
Brand new
One of the biggest benefits of freshly built homes is that everything is brand-spanking-new. You will be the first person to live there, the first person to use the appliances, flip the light switches, etc. Everything in the home will be in perfectly pristine condition — and it’s unlikely you’ll have to make costly repairs anytime soon.
Customizable
With some new-construction homes, you can choose everything from appliances to paint colors, tailoring the home to suit your needs and preferences. “Many of our Utah buyers find that established homes in their price range require significant updates and renovations to get them aligned with their expectations,” Horner says. “New-construction homes are desirable because you can customize as you see fit.”
Plus, considering the country’s current housing shortage, it can be hard to find an existing home that suits all your needs. Building a new one can help you get just what you want without waiting for it to come on the market — or worse, losing it to a higher bidder.
Energy efficient
Many new-construction homes use the latest energy-efficient building materials, which means you could save money on energy costs over time.