If you are ready to purchase a home, you have many things to consider including whether you should purchase a new home or a used one. Once you have been to the bank and have a better idea of the money that you must spend, you are ready to get started. There are many benefits to building your own home, and below we set out 11 of those benefits:
New developments in constructions materials have made them able to stand up to time and weather better. New builds are much more eco-friendly and using the latest building materials can ensure that utility bills are lower with better heat retention in the winter months and heat resistance in the summer. Using the most up to date building materials can lower your carbon footprint by saving energy overall.
When you have a new home built for yourself, you can customize it to include all the options that you want. You can choose the exterior appearance, the style of your home, the roofing materials, the interior finishing and just about everything else that you can think of. You can make the home uniquely yours.
When you purchase a new home, you are the first person and family to reside in it. This means that there are no old repairs that have been made that you may not know about. There will be no wear and tear in the home, everything will be unused and untouched. There are many people out there who do not like the idea of moving into a home where someone else has previously lived.
No Work or Renovation Required
Often with used homes there is a certain amount of work that needs to be done if you want to customize the home to suit you and your family. There may be repairs that need to be done urgently or appliances that need to be replaced. There could be flooring and rooms that need to be updated. Whatever it is, just know that moving into a used home equals work in some form. You never know
When you purchase a newly built home, it will come outfitted with new appliances and the most convenient items you never thought of. Resale homes usually have older appliances that may need replacing in the near future. If the home is old, it may not even have a dishwasher which is a “must have” for most homes these days.
Comes with a New Home Warranty
New homes are sold to buyers with a new home warranty. This warranty covers all the unforeseen issues that can crop up in the first couple of years. If something breaks or is damages, it could be covered under a new home warranty. Some warranties offer a cash back incentive if the owners never try to use the warranty to cover anything.
That New Home Smell
Your new home comes with a “new home” smell that is not only appealing but also satisfying. It is a reminder that you have purchased something new and amazing for your family. When you purchase an older home, you may have entirely different smells, such as musty odours or mildewy smells, particularly if there is moisture in the home.
Modern Technological Gadgets
New homes are outfitted with all the latest gadgets and technologies. Some of the things that new home buyers are looking for in a new home include smart home technology, solar panels, home security, thermal windows, geothermal flooring and a heat pump which also cools in the summer.
More Resale Value
If you are planning to sell your home down the road at some point, newly constructed homes sell for a higher price than used homes. Every time the older home is sold, if it has not been updated, it will sell for a lower price than what it was purchased for.
Features in the Community
New homes are usually built near communities that offer sought-after amenities and security. Your new home could be near to a club house, a game room, pool, or be secured behind a security gate. There are homes built-in self-contained community settings that offer all these types of items, you just need to know what it is you are looking for.
Establishing a Neighbourhood
Sometimes new homes are built in areas where there is no neighbourhood just yet. When you move into this type of new constructions you are part of the privileged few that will be founders of a new neighbourhood that is safe for you, your family and your friends to live in and enjoy.
When you choose to purchase a new home, you have so many great benefits when compared to choosing an older, used home. This is not an extensive list of those benefits, but it can get you thinking why you should consider buying a new home over an older one.