Brand New Homes and Condos
Benefits of Purchasing a Home in a New Development
There are many benefits to purchasing a newly
constructed home vs. an existing home:
1. Pride inherent in being
the first owner of a home in a new development is an expression of your decisions on options,
decorating and landscaping.
2.
You don't have to worry about replacing out dated carpeting and counter tops as
well as aging appliances and roofs. You select window treatment, appliances, flooring, etc.
3. A new home is configured to suit your needs
and features numerous conveniences such as built-in appliances and walk in
closets. They are also being wired to take full advantage of today's
communication and entertainment technologies.
4. New home developments often sell at higher resale values
and carry better warranties. A home purchased in a new development are often more desirable
than older home developments. Today's new home builders are subject to more stringent disclosure standards than
existing home sellers.
5. New
home developments are safer. They feature better wiring systems and meet today's stricter
building codes.
6. New homes are
healthier because asbestos, lead, and other hazardous materials have been
eliminated from home building products.
7. New condos or homes are more energy efficient. Due to
better windows, more efficient heating and cooling equipment, better control of
air infiltration, and greater use of insulation, new home developments are twice as energy
efficient as homes built prior to 1980.
8. Existing homes require more maintenance and
upkeep than new developments.
9. Purchasing a home in a new development is expensive to maintain. A new home can be operated for 20-30% less
than a home built in the 60's.
10.
Buyers in new developments make friends quickly. Unlike established
neighborhoods, where cliques and long-standing friendships may already exist,
new homeowners share something unique. This can create a strong and long lasting
bonds.