Buying a home can be a stressful and overwhelming process. It is a significant investment and there are several decisions to be made along the way. One of the first questions you need to answer is whether to buy a newly constructed home or a resale home. While it is important to make this decision based on you and your family’s needs, there are a few notable advantages to buying a new home. Here are three reasons to consider buying a newly constructed home over a resale home.
Savings and Reduced Costs
One of the most notable advantages of buying a new home is reduced costs. Before and after moving in, you will enjoy thousands of dollars in savings on things such as:
- Home Inspection – This is frequently covered by the home builder. You will have the peace of mind that your home is up to standard without spending more out-of-pocket.
- Homeowner’s Insurance – In most cases, insurance and taxes are lower in newly constructed homes.
- Maintenance – New homes require minimal maintenance and repairs over the first few years compared to resale homes, saving considerable time and money.
- Utility Bills – Compared to existing homes, new homes are much more energy efficient. See how Keystone’s energy efficiency compares to other new constructions.
Beyond these short-term benefits, new homes provide a higher resale value if you and your family decide to move. While it may be a larger up-front cost, the overall savings and return on investment make buying a new home a sound financial decision.
You Have Control and Flexibility
When building and buying a new home, you have control. Throughout the planning process between you and your home builder, you decide how your home will be built and what customizations to include to meet your family’s needs. Perhaps you’ve always wanted a sunroom, or you need the extra living space of a finished basement. At the end of the day, you decide what goes into your new home.
Along with how your home is built, you also decide WHEN your home is built. In most cases, resale homes come with the pressure and uncertainty of the housing market. When building a new home, you have the flexibility of deciding to build right away or in the near future.
Feeling at Home Right Away
After spending the time and energy to plan, design, and build your new home, you and your family will feel at home right away. A new home is your vision come to life and an opportunity to start fresh. It is a blank canvas for creating new memories with your family without having to adapt to outdated styles or worry about costly updates down the road.
Start Building Your New Dream Home
At Keystone Custom Homes, we are committed to going above and beyond for our customers in building their perfect home. If you are looking to build a new home in Pennsylvania or Maryland, contact one of our experienced home advisors today and start building your dream.