3 Reasons Why You Should Choose To Buy Or Build A New Home
Posted on: 24 July 2018
Are you tired of living in an apartment or some other rented home? Have you finally saved up enough money to put a down payment on a mortgage to purchase a house? Buying a house can be an exciting moment in anyone's life but there are still some things that you need to consider.
One thing that needs to be decided is if you'll be purchasing a brand-new house or one that was built some time ago. While there are advantages and disadvantages to either choice, here are some reasons why you should consider buying a completely new home.
1. No repairs: One of the worst things about buying a house is finding out in just a couple months that something major needs to be replaced. Sometimes, this can be a minor plumbing issue, but in other circumstances, this may be something as expensive as finding out that the entire roof needs to be replaced. With new homes for sale, this isn't going to be an issue for a few years.
While you'll still need to pay for regular maintenance of your air conditioner, furnace, and other aspects of your home in order to make sure that they have a long life, you won't need to worry about replacing anything for a while.
2. Warranty: It does occasionally happen that someone moves into one of the new homes for sale and finds out that there is an issue with the house. Although this is usually something minor, it can still be an annoyance. If this were an older home, there would be little that could be done except for calling the appropriate repair professional.
But when you buy a new home, it should come with a warranty that is good for somewhere between a few months and a couple of years. Should a manufacturing defect be discovered in that time frame, you wouldn't be the one footing the repair bill.
3. Lower utility costs: As time has gone on, the building materials used in creating a house have changed drastically. 100 years ago, a house may have been little more than wooden walls with single-pane windows. Today, new homes for sale are constructed with things like modern insulation, dual-pane windows, and other similar improvements.
What this means is that your utility bills will be lower in a new home than they would in a home that is even just a few decades old. Over time, this energy efficiency will more than pay for itself with utility bills that are a fraction of what they could be when compared to a similar older home.
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