4 Reasons to Buy a new construction home

By
Real Estate Agent with wexzilla.com

Phoenix AZ real estate is made up of new home developments that sprouted up during the real estate ‘gold rush’ of 2001-2005. In

fact, I would argue that Phoenix AZ real estate leads the country in the number of new home builders who have come here to develop land.

As a result, the choice between resale and new home construction is difficult. Although,, I have argued very good reasons for both, it seem lately the advantages weigh in favor of new home construction.

There are many pros and some cons to both choices.

However, are 4 Reasons to Buy a new construction home direct from a builder.

1. Pricing/Value - most builders have a lot more room to negotiate than resale owners. The sales process is much more of a business decision versus an emotional one for most homeowners. Also, builder’s incentives make the price quite compelling.

2. Modern Energy Efficient Design - makes a home eco-friendly and “Green” ?

3. Design your Dream Home - both offers an array of modern floor plans that you can choose paint color, stonework, flooring, cabinets, landscaping and what seems to be an endless amounts of choices in amenities and design.

4. Long-Term Equity Appreciation- Think New Car Smell! Lets face it, who doesn’t like New vs. Used is as American as apple pie. Think, new car smell.

Comments (5)

Toula Rosebrock
Diane Turton, Realtors, Forked River, NJ - Lacey Township, NJ
Broker/Sales Associate, Realtor, Lacey Township,

ToulaRosebrock.comHi James:

Very nice post.

Lots of great reasons why to buy new...

Feb 27, 2009 08:31 AM
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

James, the ability to design your dream home is one of the most powerful reasons for sure plus getting that first year warranty.

Feb 27, 2009 10:31 AM
Charlie Hamilton
Suncrest Homes - Ashland, OR
Suncrest Homes, Custom Home Builder - Southern Oregon

James, I agree 100 percent and I would even add to your price/value argument in that not only are contractors motivated but so are our sub contractors, since we are one of the few contractors in our area still building, we have negotiated some amazing pricing from our subs. When you combine these facts with great lot prices and the fact that material costs are also down we have the "perfect storm" for why new construction is an amazing value. 

Feb 28, 2009 02:09 PM
Marzena Melby
Coldwell Banker Burnet Realty - Richfield, MN
Realtor, Twin Cities Minnesota Real Estate

Right now, prices on new construction are so incredibly low that that the consumer receives a huge value for relatively little money.

Mar 03, 2009 12:28 PM
Anonymous
Troy Reynolds

What about buying empty lots and then building custom? Do buyers still get the same good deal?

Mar 12, 2009 06:34 AM
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