Just like when buying a car, purchasing a home means deciding between two choices — new or used. New construction homes are becoming more popular in the current real estate market, primarily driven by supply constraints and enticing financial offers. With older houses aging and supply dwindling, more buyers are turning to new builds.
When it comes to which property type is best, there’s no quick and easy answer for everyone. The decision to buy a new house or an old house will depend on the individual homebuyer’s unique lifestyle and needs.
We’ve put together a guide that your sales teams can use to educate buyers on the benefits of buying new construction.
Elevated amenities: Most new-build communities offer highly sought-after amenities like walking trails, a gym, a pool, a clubhouse, a pickleball court, tennis courts, a dog park, and so much more.
Build a community with neighbors: Being among the initial residents in a community means buyers are not outsiders trying to integrate into an established group of friends. In a new community, residents develop relationships from the outset, fostering stronger bonds and a more connected lifestyle. This cultivates a sense of belonging and allows buyers to integrate into the neighborhood circle seamlessly.
Larger living spaces: One of the major benefits of buying a new construction home is the spacious floor plans. Today’s families expect a little more breathing room, and new construction homes reflect that. The average single-family house in the United States in 2023 was 2,514 square feet. In the 1960s, census data tells us that the average new home size was 1,200 square feet. For a larger living space, new construction is the way to go.
Privacy: New home communities often offer a private and secure environment, nestled away from bustling city life. With a focus on privacy, these neighborhoods are typically situated in secluded locations, providing residents with a sense of tranquility away from the hectic hustle and bustle of metropolitan areas.
Health: Does your house affect your health? You better believe it. New construction homes offer numerous health benefits, starting with improved indoor air quality thanks to modern ventilation systems and materials free from contaminants like mold and mildew. This cleaner air promotes respiratory health and contributes to overall well-being. Add that to the growing list of benefits of buying a new home!
Everything is new: For many home buyers, one of the most significant benefits of buying a new construction home is that everything is brand new — from the foundation to the roof. These homes are built to adhere to modern building codes, ensuring structural integrity and safety.
Additionally, new homes come equipped with state-of-the-art appliances, often upgraded to meet the latest energy efficiency and functionality standards.
New trend styles: New construction homes are at the forefront of modern design trends, featuring sleek and contemporary elements that enhance aesthetics and functionality. They embody the latest trends in home design, offering a perfect blend of style, comfort, and innovation for today’s discerning homeowners.
Open floor plans: Most older homes also lack an open floor plan. New build homes are designed with open floor plans, creating spacious and flexible living areas catering to modern lifestyles. People are drawn to homes with open floor plans because they offer a sense of spaciousness and flexibility in living arrangements. Open floor plans also allow for better natural light distribution to create a brighter and more inviting atmosphere throughout the home.
Smart home technologies: The integration of smart home systems allows homeowners to remotely control various aspects of their home (such as lighting, temperature, security, and entertainment) via smartphone or voice commands. There are also smart, advanced security systems. Video doorbells, smart locks, and surveillance cameras enhance home security and provide peace of mind.
For home buyers, having the ability to personalize their forever home ranks at the top of the benefits of buying a new construction home. Buyers can work with builders to have a tailor-made construction process, resulting in the home of their dreams. With new builds, buyers can choose the homesite, select the floorplan, handpick the home’s products, and customize interior and exterior colors.
Energy efficiency: Most new-construction homes have many sustainable features, including energy-efficient windows, appliances, HVAC systems, and solar panels. This can provide serious long-term savings through lower utility bills.
Low maintenance costs: One of the benefits of buying a new home is that new construction requires minimal maintenance in the first few years. Everything is new, and buyers do not have to worry about replacing appliances, wiring, plumbing, or anything else. This could amount to an extra $10,000 to put down on the down payment because nothing will need to be replaced for a while.
Home warranty: A new construction home typically comes with a warranty that provides peace of mind to homeowners. This warranty often covers structural components, mechanical systems, and workmanship for a specified period, relieving homeowners of the financial burden of unexpected repairs or defects.
Save on remodeling costs: The costs of upgrading an existing house to be livable and loveable for modern homeowners are often significantly higher than those associated with a new construction house.
Want to help your sales team better educate buyers on the benefits of buying a new construction home? Our new ebook has all of the information needed to help you and your new home sales team communicate these advantages. The Benefits of Buying New Construction is meticulously crafted to illuminate the advantages of investing in new construction properties.
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