Many buyers today are torn between existing homes and brand new construction. It may seem as if a better deal is to be had a foreclosure or short-sale but that may not be the case in most situations!
Homebuyers have an advantage in the current housing market, and there are plenty of newly built homes still for sale in many parts of the country.
Buying a home is one of the largest investments most people make, so it’s important to know as much as possible on how to get the most bang for the buck. In addition to reduced home values and a large inventory of homes on the market, the current tax incentives make it very affordable to buy a new home.
Why Buy a New Home Instead of an Existing One?
When compared with existing homes, newly built homes have a lot to offer. Most of those reasons are obvious, such as the fact that it’s clean, freshly painted and without need of repairs because everything is new. According to housing experts at the National Association of Home Builders (NAHB), purchasing a newly constructed home offers buyers added value beyond the structure’s age.
New Homes are designed for Today’s Lifestyles
Today’s floor plans are designed to make living easier for homeowners. Builders are designing them to fit lifestyles, and at the same time incorporating as many of the bells and whistles that homeowners want. In addition to open floor plans and more spaces designed for gathering, new homes also include areas specifically designed to meet a homeowner’s individual needs. In recent years, there has been more emphasis placed on home offices in new floor plans in order to satisfy the growing number of people who work from home. Children’s playrooms and study nooks are also factored into many new floor plans. Simply put, today’s new homes can be equipped with the spaces homeowners want and need.
Energy Efficient New Homes Save Homeowners Money
Homeowners are researching ways to incorporate energy efficient products and building techniques into their homes. With energy efficient building products and techniques, buyers can recoup the costs of investing in an energy efficient home through savings on their utility bills. Today’s builders are taking their cue from buyers and are incorporating those products into bids and spec houses. Homes built prior to the increased awareness and advances in energy efficient technologies don’t offer those savings.
New Homes Contribute to Sense of Community
Newly constructed homes also offer some not-so-obvious perks. In many cases, homeowners are not just looking for a new house; they’re looking for an opportunity to be part of a community. Buying a home in a new master-planned community offers homeowners a unique chance to be on the ground floor of building a neighborhood. When you buy a newly-built home, chances are you’re not the only “new kid on the block.” When people move in at the same time, there are often lasting friendships that are formed as well.
Many new residential communities include pools, walking trails, tennis and basketball courts and additional opportunities for interaction among neighbors. Local developers have thoughtfully designed home sites that take into account popular amenities that encourage people to come together. In some cases, block parties, community socials or neighborhood associations provide opportunities to get to know neighbors.
Today’s Homes are Designed for Entertaining
Today’s newly built homes are designed for entertaining, with many layouts featuring more open spaces rooms that allow parties to flow better than in previously built homes. Entertaining is a key factor in modern home designs, including kitchens that allow hosts to interact with guests as well as additional amenities such as wine coolers, wet bars and butler’s pantries that make entertaining more convenient. Many new homes also incorporate outdoor living areas and downstairs entertainment venues. In addition, most new homes are wired for entertaining, with more outlets and electrical options. Sophisticated lighting can be positioned where it is needed most, adding to the advantages of new construction.
The advantages of buying a new home over an existing one vary from price, design, comfort to lifestyle. For many homeowners, buying a new home indicates a certain milestone in their lives. There’s nothing quite like preparing the very first meal in a new kitchen, on new countertops and in a new oven. Aside from the obvious reasons, many factors contribute to why buying new makes sense, especially in today’s housing market. Currently, there is a diverse selection of new homes on the market that have been built with the amenities and floor plans that could make daily living easier and more enjoyable. Energy-efficient products and techniques included in new homes make buying a new home a smart investment.
Wynn Construction Homes in North Carolina is known for our quality new home construction. The counties that we are currently building in are: Franklin County, Granville County, Johnston County,Harnett County, and Onslow County.