Why Buying a New Construction Home is a Smart Choice
Purchasing a new home is one of the largest investments many of us will make in our entire lives. That’s why it’s so important to make sure that you choose the right home for you and your loved ones.
If you’re trying to decide between buying an old used home or a new home, you’ve found the right blog. Here’s everything you need to know about why buying a new construction home is a smart choice.
Designer Home from the Start
Despite some old homes being beautiful, it can also take a lot of time and effort to make the space more comfortable for you and your loved ones. Unlike new homes, older used homes may require you to spend time and money stripping away old finishes before you get started.
This can add time and money to the entire moving process. On the other hand, new homes let you start fresh as soon as you walk in the door. Each new Conner Home includes selected interior finishes hand chosen by professional interior design experts who include the latest design trends in surfaces and flooring – making each home uniquely different.
Don’t Waste Money on Repairs
When buying a home, new homeowners are always advised to keep some money aside for essential repairs. This is especially true in older used homes which often come with issues that aren’t clearly visible but may come up later.
Did you know that most people set aside 1% of a property’s value just to do maintenance and repairs when they're buying a home? That means that if you buy an old home for $650,000, you should budget $6,500 for essential repairs and maintenance - sometimes even before you can move in.
Many new homeowners choose to add these costs to their property's mortgage. While this is a great way to minimize the immediate costs, it will end up decreasing the equity you have in the property.
With a new home, however, you are starting fresh. New construction. New and efficient home design. New building and energy codes. And a New Home Limited Warranty providing peace of mind that your home builder will stand behind their workmanship.
Futureproof Your Investment
Not every home is future proof, but with a new home (vs. a used/older home), it is much easier. Our new homes offer modern appliances, eco-friendly finishes, energy efficient systems and features, and smart home technology to help increase the long-term value of the property and minimize your maintenance and utility costs every month.
With Conner Homes, Buying a New Home Is a Good Investment
All in all. Real Estate has proven over time to be a good investment. And while old homes often have character and charm, they often come with hidden repairs and maintenance costs that can cut into the equity of your home. New construction homes are built and designed to last, with modern technology helping you save on both maintenance and utility costs.
If you have any questions or want to learn more about why buying Conner home is a good investment, feel free to contact us today.