When you're planning to buy a home, you will have to decide between existing homes for sale or purchasing a new construction home. While an existing home can have a lot going for it, many people prefer buying a new construction home if it fits in their budget. Purchasing a new construction home comes with a number of benefits that you won't find when buying an existing home for sale, so it is not surprising that many people are very happy with their decision to choose new construction. Some of the top reasons to opt to buy a new construction home include the following.
Ability to Make Decisions
While new construction homes differ from custom homes and usually have set floor plans, buyers of new construction homes typically have a lot of say about the design and finishes of their house. When you choose to buy a new construction home, you will have the ability to choose your flooring, countertops, cabinets, appliances, and paint colors. Being able to make decisions about the finishes in your home can help save you from the headache and expense of updating an existing home to reflect your personal style.
Choose Your Lot
You may be able to find an existing home for sale that you love, but it is not uncommon to dislike the location. Maybe the backyard backs up to a busy street, or maybe the home is on a street that gets a lot of traffic as residents enter the neighborhood — both of these things can be very annoying after you move in. One of the best things about choosing to buy a new construction home is the fact that you can choose the lot that you want. Some lots, such as those that are larger than normal or that have an excellent view, can cost more, but that can be rolled into your mortgage. Purchasing a new construction home ensures that your home is built in the perfect spot for your family.
Buying a new construction home is a lot like buying a new car — everything in the house will be brand-new and still covered by a warranty. When you invest a large amount of money to purchase a home, having a warranty and knowing that you're the first owners of the house can bring a lot of peace of mind. During the home warranty period, your builder will make any repairs needed, and you won't have to pay anything out of pocket.
To learn more about your new home options, contact a real estate agent.