Why Buy New?
10 Reasons Why You Should Buy a New Home
1. Competitive Pricing
Compare prices of existing homes to those of comparably-sized new homes! Southern California is home to hundreds of homebuilders, both big and small, who are competing for your business. When builders compete, you benefit. And most home owners looking to sell their homes cannot offer the incentives or attractive financing options builders can to move their inventory.
When shopping among existing homes, buyers have to take the previous owners’ style into consideration. Do you pay even more to redecorate or do you make do with someone else’s choices? A new home, however, provides you with numerous design, color and material options. Having the luxury to tailor a home to your tastes can be one of the greatest features of buying a new home.
3. New Home Warranties
New home buyers are assured at least a one-year warranty on the home itself and, in many cases, five years on major appliances. And in California, homebuilders are required to guarantee the structure of a home for a full 10 years! That means new home buyers are assured quality construction in their new homes! There’s no second-guessing the work a previous owner might have done (or not done!).
4. Home Location
Location, location, location. Not only do new home buyers get to choose which beautiful new home community they want to live in, they also get to select their individual unit or home site within that community. Would you prefer your bedroom get morning sun or afternoon sun? Would you prefer to live near the park or on a cul-de-sac?
5. Convenient Financing
In today’s market, securing financing for home ownership can be tedious and stressful. Many builders have simplified this process in order to provide you the best deal possible that gets you into your new quickly and easily. And in a buyer’s market, some builders are willing to pay additional closing costs.
6. Low Maintenance
Why worry about upgrading or constantly maintaining your home if you don’t have to? New homebuilders use the latest and greatest materials that technology can offer. The result? New homes are virtually maintenance-free for many years.
7. Floor Plans
Never thought about the convenience of modern floor plans? Take a tour of many existing homes and you’ll find bad layouts and wasted or unusable space. New home buyers, however, have a variety of modern layouts and styles to choose from that are suitable to any family. Many builders allow a variety of custom option, allowing you to alter the layout and turn a living room into an office or a media nook into another bedroom.
8. Energy Efficiency
New homebuilders are required by law to meet stricter energy codes than in the past, which benefits YOU, the consumer. This is an enormous cost-saving benefit when considering the costs of fuel and energy today. Many existing homes were built when energy codes were either more lenient or nonexistent.
9. Modern Appliances
Appliance manufacturers introduce new models every year and homebuilders are able to offer the latest state-of-the-art equipment at the time of completing a new home. And, because the homebuilder buys for the entire production of new home, the purchasing power often reduces the buyers’ costs.
The typical home needs remodeling after 25-30 years. Since new homes have an assured longer life, appraisals are generally higher than on comparable existing homes. That means new homes will likely sell for a higher value in the future.