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5 Reasons to buy a New Home

By
Real Estate Agent with ReMax

There are reasons for buying resale and other good reasons to buy a new construction home Direct from a Builder; including,...

A wide variety of communities, location, location, location, modern floor plans, an practically unlimited choices of features, colors, fixtures and finishing's, lot selection, modern safety and energy efficient standards, and invaluable Builder warranty offering an extended commitment to reliability and unique value opportunities.

Consider these 5 Reasons

1) Value - In today's market, almost everything is negotiable. Many home builders, if you negotiate well, will often help contribute down payment and almost always money towards closing costs; thus saving you what can amount to a lot of money out of pocket.

2) Modern Architecture - Build the Home that's Right for you Today's New Home Builder, offers an array of modern floor plans that are sure to feel custom to each buyer, these plans are including large kitchens with huge family great room, more bathrooms, with steam showers, and jetted tubs, walk-in closets, his and her sinks, Guest Entrance/Casitas, Pool s, pools, spas, putting greens, fireplaces, home offices, built-in plasma tvs and wonderful use of windows for natural lighting and often spectacular views,

3) Choices - The dizzying amount of choices include and are no way limited to... exterior paint, stonework, windows, interior Paint colors, faux and textured, carpets, stone, floors or wood, variety of wood cabinets, stainless steel appliances, with larger capacity refrigerators, double ovens and 6 burner gas range, granite counters, tiled bathrooms, light fixtures, landscaping choices and solar heated pools, to name only a few of the countless choices making the process not only fun, but personal.

4) Spec Builds in Inventory - Discount price - no discount in product or value. If you can be a little more flexible in all of your specific desires. Many New Home Builders have some home in current Inventory. Either Buyers could not qualify or the Builder built as "Specs" , homes available for purchase immediately.

5) Long-Term Appreciation - Think New Car Smell! Lets face it, who doesn't like New. New vs. Used is as American as apple pie. Think, new car smell. And when it comes to resale, one of the first items looked at when comparing location, size and pricing, is Age .

I want to say that there are also plenty good reasons to buy resale.

However, thought I would share these points and ask for your feedback of advantages, disadvantages, pros, cons, etc.... on what my respected peers and consumers think?

Copyright © Wexler, *"Why Buy New from a Phoenix | Scottsdale Builder??*

Comments(1)

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Ilyce Glink
Think Glink Media - Chicago, IL
Best-selling author, award-winning TV/radio host.

You offer some great advice and certainly the positives to purchasing new construction so I think it only fair that I throw a couple of the cons to new construction out there.

1. New construction typically costs more than existing housing. Typically you'll pay more for a 4bdrm newly built house than for a similarly-sized home built 5, 10, 20 or even 50 years ago. That can be partly explained because new houses ten to be larger than those built 20 years ago.

2. The neighborhood may not be established. New construction typically takes place in cornfields. That's because it's difficult to find vacant, large infill plot of land in a city and it isn't profitable for large production developers to build homes piecemeal.

3. You have to keep an eye on your developer's funds. One of the dangers in buying new construction early on in the life of the project is that the developer may run out of cash before the project is done. If that's the case, your home could plummet in value.

That being said there are still some great reasons to buy new construction. Great post Daniel, hope I wasn't too much of a downer!

Aug 26, 2008 05:21 AM