You’ve beefed up your credit score, saved the requisite 20% down payment, and found a reliable mortgage lender. This means only one thing: you’re finally ready to buy a house! After clearing these hurdles though, another one crops up on the horizon—should you purchase a resale home or build a new one from scratch?
According to Palm Beach Country Contractor, a respected home builder in West Palm Beach, both are viable options, but the latter offers unique perks to buyers. Below are just a few of them:
As You Like It
When buying existing homes, it’s hard to find one that checks all of your tick boxes—it may have a spacious living room but a tiny backyard; or it may have a sizable yard but just one garage. By building a new house, all your wants and needs can be incorporated into the design, so the place is guaranteed to please you.
Moving into a resale home is rarely as straight forward as it sounds. Chances are, you’ll still conduct repairs to make the place fully suitable. An aging water heater might need replacing, for example, while the HVAC system might need a tune up. If you build your home, everything will be new, so repairs and maintenance are a non-issue when you move in. Everything will also be covered by warranties; if something breaks down, you won’t have to spend money on repairs.
Your expenses don’t stop when buy a home; each month, you’ll still spend considerable money on utility bills. As this article from MSN Real Estate states though, a newly built home can actually help you minimize this cost:
Newly constructed homes use energy more efficiently in two ways, [Kevin] Morrow [of the National Association of Home Builders] says. First, they tend to have a tighter-sealed building envelope, or the enclosed part of a structure, that helps prevent conditioned air — cool air in the summer, warm air in the winter — from escaping. Features that create this envelope include higher-efficiency insulation, doors and windows.
“Gone are the days of the single-pane window,” Morrow says. “Now, I think you are starting to see triple- and quadruple-paned windows. These are windows that are designed to really minimize the transfer of heat either from warm to cold or vice versa, and they of course will help the building envelope.”
Buying your first house is indeed a momentous event, and you want to choose the best one for you and your family. If you want to an abode that’s just right for you, talk to trusted West Palm Beach home builders and let them turn your dream home into reality.
(Source: 9 reasons to choose a new home over a resale, MSN Real Estate)