5 BENEFITS OF INVESTING IN NEW CONSTRUCTION
It’s understandable why new construction has risen in popularity these last few years. Your home is brand new and all yours. It can also be a great real estate investment. Your home requires limited maintenance, comes with a warranty, and offers customization. You also get the newest technology and improved fire safety without having to do any installation yourself. If you’re still looking for more advantages, here are 5 reasons to purchase new construction.
REQUIRES LITTLE MAINTENANCE AND FEW REPAIRS
When you purchase new construction, you are purchasing a brand new home. Since no one has ever lived there before and everything is newly installed, you should almost zero maintenance and repairs.
With resale homes you also run the risk that your home does not meet new building codes that have been passed since it was built, possibly threatening the safety of those who live in it. All in all, new construction home will hold up better than resale homes. They haven’t experienced the wear and tear that comes with everyday life, and therefore should require no maintenance for the first few years.
COMES WITH A WARRANTY
If anything malfunctions, you don’t have to worry. All new construction must come with a builders warranty. Most materials and workmanship items have a warranty of about two years, while structural elements typically have a 10 year warranty. A warranty of some kind is required by law for new construction, while most resale homes don’t have one unless the previous buyer bought one.
If you purchase a pre-construction property, you are often given the ability to customize your home. You can help choose features, flooring, cabinetry, lighting, and fixtures that make the home perfect for your taste. Sometimes you can even help design the floor plan decide where the bathroom or closets should go. Occasionally, if you purchase in a subdivision, you will be allowed to pick the lot you like best in addition to customizing your home.
EQUIPPED WITH NEW TECHNOLOGY
New construction homes benefit from the fact that they were built with advanced knowledge and technology. We better understand architecture allowing us to provide better, longer lasting construction in newer homes. For example, insulation technology has advanced in the last few years so all new construction homes will be built with fire retardant insulation while resale homes were not.
These new homes also come equipped with the newest technology. They are energy efficient and provide better air quality. They have built in alarm systems, speaker systems, internet wiring, and cable that resale homes will not have. This saves you from having to contract installation and cut holes in your walls, saving you time and money.
PROVIDES ADVANCED FIRE SAFETY
New construction homes can come with the most advanced technology, including fire safety. Most new construction home feature hard-wired fire alarms, instead of the battery operated ones found in all resale homes. These alarms use the home’s electricity with batteries as backup, making sure they function properly when you need them.
LOOKING FOR NEW CONSTRUCTION?
With over forty years of combined experience working and living in the South Bay, our expert team of realtors has been recognized again and again as the premier realtor service in the area. We have experience buying and selling all types of properties, including new construction, and intimate knowledge of the area. Our reliable service and expertise makes buying a home in the South Bay easy.