Buying a new construction home can mean you are looking to purchase anything from a blank plot of land to build a home on to a recently completed home. As long as you are the first residential owner of the home it is considered new construction. And as with anything that is new, there are many benefits over buying something old.
Here are 10 key benefits of buying a new construction home:
1. Buying New Construction vs. Used
One of the biggest advantages to buying new construction is simply that the home is new and not “used.” Aside from the home itself being new, everything within it — from the appliances, to the fixtures, to the paint — is also brand new. And because you are the first owner, you do not have to worry about the poor aesthetic choices made by previous owners.
2. New Home Warranty
It is common for new homes to come complete with a new home warranty. This will protect you from having to pay for repairs out of pocket or through your homeowners insurance if something goes wrong. For example, if your roof begins to leak after your first Winter in your new home, the repairs will often be covered. Pre-owned homes do not have the luxury of a warranty.
The appliances in your new home will also likely come with warranties, though these will be through the manufacturers. Again, old homes with old appliances will not have these warranties in case something goes wrong.
3. Lower Maintenance Costs
New homes are less likely to require maintenance in the near future, which means big savings for you. Since everything in the home is new, everything should work as advertised — and if it does not, you have the warranties. Old homes often have issues which go unnoticed until after you move in, leaving you with the costly repair and maintenance bills.
Or, even if there are not any issues when you purchased the homes, issues may appear more quickly in an old home. The pipes may be holding up for now, but how much longer will they last if they have not been replaced in the past 40 years? Again, everything in a new home is new.
4. More Customization
Depending on when you purchase your new home, there may be some customization options available to you. If you purchase the land before construction begins you will have more options than after it is complete. It is always less expensive to choose different options before, rather than after a home is complete.
Some of these customization options may include:
- Paint colors
- Floor Plans
- And other upgrades
5. Limited Options
While this may seem contradictory to the previous point, the fact that new construction homes come with limited options is actually a good thing. While you can customize your new home, the limited options will make it much easier to decide. It is like when you go to a restaurant with a 10 page menu vs. one with a 1 page menu. Too many options can get overwhelming.
6. Modern Floor Plans
If you purchase a new construction home one thing you may notice is that it comes with a modern floor plan. This means that the home is more likely to be “open” and less constricting. It may have higher ceilings, wider hallways, and more natural light.
How many times have you seen couples buy pre-owned homes on HGTV and then need to demolish a few walls to make it look the way they want? It is better to have the floor plan you want from the outset.
7. Fewer Expensive Renovations
As mentioned previously, it is always less expensive to make changes during the construction process than afterwards. If partway through the building of your new home you decide that it needs another bedroom, this is much easier to include at this stage. Adding another bedroom to a completed home is a much larger project.
8. Energy Efficiency
Since new homes are built using new techniques, materials, and appliances, they are more energy efficient than old homes. New construction homes typically come with energy efficient air conditioning and heating; windows; and appliances such as dishwashers, refrigerators, dryers, and toilets.
Renewable energy sources like solar panels can also be included into new homes during the building process. This will mean they are incorporated into your home at every level rather than being added on as an afterthought.
9. Safety Features
One often overlooked benefit of new home construction are the modern safety features. Modern circuit breakers and safety sensors can help prevent damaging fires. The modern building materials can also be safer. Old homes may have used toxic building materials like lead-based paint or asbestos.
10. Community Amenities
New construction homes are often located within new or developing communities. While these communities tend to be farther away from town and city centers than older homes, that does not have to mean there is nothing around. New communities may include amenities such as public pools, gyms, parks, and other recreational buildings.
These are just some of the many benefits to buying new construction homes. New homes will look the way you want them to, save you money in the long run thanks to less maintenance and more energy efficiency, and will be covered under warranty if something goes wrong.
New Construction Homes from Mancill Builders
Are you looking for a new construction home? Whether you are looking for a newly complete home or a custom home on an open lot Mancill Builders can help. Contact us today for more information on our new construction homes.