There are many reasons why building a new home is a very viable option to consider when looking to buy. When home buyers are out “kicking tires”, it seems like the last place they’ll look, is at a new home development. And it makes sense that they do. Obviously, every buyer wants the best deal they can make – and there are a lot of bargains out there with foreclosures and distressed properties.
However, keep this in mind. There are many more benefits and reasons to build a new home rather than purchasing an existing one.
First, and the most obvious, is that you can customize the new home to meet your family’s tastes and needs. You select the plan, the options to put in it, and the colors of all the finishes. Siding color, roof color, shutters, cabinets, flooring, paint, light fixtures, etc. This is always the best part and the most fun of the construction process.
Second, every part and system of the house is brand new and is equipped with the latest technology and efficiency. Unlike an existing home you may be looking at, the new home will also come with a warranty protecting you from needed repairs that may arise. Many new home warranties will carry a 10 year structural warranty for your protection. Because of the newer and more efficient components of the new home, another bonus you would enjoy will be having lower utility bills compared to an older existing home. Most of the new homes that are being constructed today will have natural gas which is the cheapest and most efficient way to heat your home. However, if you prefer an all electric home, you can have your builder do that for you. Again, you have the option!
Lastly, financing is easier and you will need less money out of pocket to close. There are many loan programs and incentives that are available that require little or no down payment for new construction. Many times, you can also negotiate to have the builder pay your closing costs as well. Another caveat, is there is no need to hire a building inspector as you would be required to do for an existing home. Your new home would be built to current building codes and the builder will pay for the necessary building inspections throughout the process.
So, as you do your due diligence and shopping for your next home, be sure to contact a builder in your area or stop by a development you may be interested, and check out the benefits of building your new home.
Country-TeK Homes is currently building in Festus, MO