Should You Purchase a Newly Built Home?
The biggest perk of buying a home today is the fact that unlike what it was several years ago, there are now more than a couple of property choices to consider. 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. And while most prospective home buyers will look at previously owned homes due to their reasonable (at least for the most part) prices, there are actually several benefits or reasons why it makes sense to buy builder homes instead.
Let’s have a look at some of the best reasons why you must consider a newly built home.
1 – You can customize it as much as you want.
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Perhaps the biggest perk associated with buying a newly built home is that builders, at least most of them, will give freedom to the buyer to join them in the process of designing the property. So, it’s really quite a nice feeling to know that your new home is something you built based on your preferences. Unlike a previously owned house, you can choose the color of your exterior and interior paint, type of flooring, how large the bathroom should be, and a lot more customization.
Getting To The Point – Options
2 – You expect few to no repairs at all.
There really is nothing more exciting than the prospect of having to buy a home for the first time. But it’s not really just about getting approved for a loan, choosing a house to buy, and then moving in as soon as you can. In fact, one of the major drawbacks of home ownership is that you need to embrace the responsibility of maintaining it. And for the most part, maintenance means doing the necessary fixes and repairs. But if you choose a new construction, it means everything in the building is new and repairs are likely to be at the minimum years after you purchased it.
3 – There obviously is better warranty.
If you happen to consider newly built homes as an option in your home buying plans, you will realize later on that even though they come with higher prices than pre-owned homes, the builders usually will offer you repair work for free at least one year. Hence, if there are any structural issues or minor problems in your home which surfaced during the warranty period, it means you won’t be forced to cover the expenses for the repairs. 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.