New Construction: Is It Right for You?
New construction home developments have sprung up across the country. They show beautiful new designs in both living spaces and exterior details. It’s appealing to have the ability to choose your flooring, countertops, cabinets, lighting, and other features—moving into a home no one has ever lived in. Yet, there are also good reasons to consider a resale home as well. Understanding the advantages of each, you can decide if new construction is right for your needs.
Brand New Construction Home The first advantage for new construction is that everything is new, fresh, modern, and includes the latest design trends. Appliances and windows will be energy efficient and include all the newest features. Homebuyers will also find no need to budget for repairs since everything is new and should include a warranty.
Resale Home A resale home can offer great value to homebuyers. The home will already have landscaping and upgrades installed, saving out-of-pocket costs. Resale homes also tend to have larger lots in established neighbourhoods. Property taxes may also be lower because the infrastructure is already in place. Finally, the buyer can easily research schools, safety, and amenities which may still be under construction in new developments. Both new construction and resales homes have benefits. If you are in the market for a new home, consider the options in your area and compare real costs and benefits. Knowing the difference can save you money and help you find the right home for your needs and lifestyle.