With the mortgage crisis still looming in the market today, many house hunters will not have a problem looking for distressed, cheap and foreclosed properties. However, it is crucial that buyers shouldn’t overlook the many benefits of purchasing a new home in Edmond. Although the price of new homes is higher, it cannot be argued that a new home has more advantages compared to buying foreclosed properties.
Below are 4 reasons to choose a new home over a resale:
Most home builders will let buyers take part in designing their homes, which helps in making their homes based on their needs and taste. Just with new home buyers, they can decide on many things like picking their flooring type, the colour of the exterior paint, etc. Home buyers moving into a subdivision can even choose which lot they want their house to be. There is a lot of flexibility when it comes choosing many things you want to for your new home if you opt for a new home instead of used houses.
New building codes have mandated that newly constructed home must have high energy efficiency standards. With this in mind, you will know that new homes are more energy efficient compared to older homes. For example, new homes tend to have a tighter-sealed building envelope that helps in preventing conditioned air from escaping. Features that make this envelope include things like high-efficiency insulation windows and doors. This means that purchasing a new home will help you save money on bills as compared to purchasing a foreclosed property.
Purchasing a new home will normally mean that it will come with energy-efficient systems and appliances like efficient stoves, washing machines, refrigerators, furnaces, air-conditioning units and water heaters, which means that it will greatly help in reducing utility bills as compared to homes that have been years ago.
A newly constructed home has new and way better features as compared to old existing homes, which have been through years of wear and tear. Old homes will likely need repainting, new appliances or flooring and the list goes on, which means that the buyer will have to spend more money on such things as compared to purchasing a new home where everything is literally new and there’s no such thing as repairs, repaint and buying new appliances.