Are you a first-time homebuyer who is conflicted between buying a new house and a used one? Purchasing a house is a big decision. If you’re not satisfied with your purchase, you can’t just return the house and ask for a refund. While old homes have their own charm and historical significance, majority of people still prefer to live in newly built homes.
Here are a few reasons homebuyers would rather choose new properties instead of older, used ones.
No Need for Repairs or Renovation
The appeal of living in a new home built in a new subdivision is that you can move in easily and develop a normal routine without having to do any repair or renovation work. In a new home, you can settle in right away. This is important especially if you’re busy and have no time to hire people or do any renovation work yourself. If you buy a new house, you don’t have to worry about computing for renovation and repair costs. The price of new homes is upfront and you will immediately know which one best fits your budget.
Old homes tend to smell musty and they may also contain items left by the previous owner. Unless you find it rewarding to fix and clean things up to transform an old house into something you can call your own design, you’re better off buying a new house. Also, older homes might have structural issues and could be more prone to weather-related damage, making insurance costs higher than new homes.
Design it Your Way
Subdivision homes offer different floor plans, allowing you to select which layout will suit your personal style and needs. Some even allow custom home building where you can design the home of your dreams within a workable budget. If you buy a new house, you can choose what flooring material, bathroom and kitchen fixtures, or lighting to install. But if you purchase an old home, your design options are limited and you are likely to end up living with a design that reflects someone else’s taste.
New home developments are often located in communities that offer different amenities, from green spaces like hiking trails, reservoirs, and parks to facilities such as spas, golf courses, and resorts. These communities are also located close to restaurants, shopping centers, and other recreational areas.
Building codes and regulations change over time. Newly constructed properties are built with state-of-the-art materials and are compliant with energy standards and building codes which may not have been in place a few years ago, making them safer and more energy-efficient compared to older properties. Also, unlike in older homes, the heating and cooling systems in new homes are also new, so you can save more on electricity bills.
New homes offer comfort and quality, and they also allow you to customize the design as you like. When you buy a new home, you have the opportunity to make your own choices – choices that will allow you to create wonderful memories in a home that’s built based on your dreams, and not someone else’s.