Top 10 Considerations – New vs. Used Home

Screen Shot 2016-04-29 at 4.58.04 PMOk. You’re on the hunt for the perfect home, but you can’t decide if you want a fixer-upper or a move-in-ready new home. Obviously, we’re a little biased on this topic, but we’ve also overheard a lot of home-buying discussions. So, we compiled this list of real reasons real people have told us why they choose new homes versus new.

  1. You can design your “Dream Home” exactly how you pictured it. You get to put your personal touches into your home, without having to do an entire home remodel, or find a used home that checks the most things off your “must have” list. New home builders have specialists to help you design your home. Yes, that means you can bring your Pinterest inspiration boards to life in your new home!
  1. Energy consumption/new building requirements = low cost of ownership. HERS index is your home’s rating. The lower HERS score, the better. Think of it like MPG in your car, but for your home. You want more MPG for your car, but for your home you want a lower HERS score. The lower the HERS score, the lower energy your home is consuming, which equates to lower energy bills. In fact, you can click here to calculate the savings you could have with a new home’s lower HERS score.
  1. Bye bye replacement/repair bills! Everything is new, so you won’t have to worry about updating your air conditioner, repairing the water heater, replacing the floors, getting a new roof, etc. All of those items are brand new, so time and money spent on replacing those is in your savings (or shopping) account instead. Those items typically all come under manufacturers warranty as well!
  1. Resale Value. Communities that are building new homes are large business ventures for home building companies. They are building in areas that are expected to grow and have spent a lot of time researching the area to ensure they have an area that’s a good value. Costs of these homes build in an upward or growing area will only increase, vs. purchasing a home in an older area of town that might be declining in value
  1. Warranty. New homes come with warranties from the builder, and typically have warranties on all of the appliances and products within the home. With a resale home, unless everything was recently remodeled and includes warranties, there won’t be warranties available on those homes.
  1. Less personal time spent on home projects. Let’s face it. There are only so many hours in a day. Do you want to spend all your free time covered in sawdust, realizing that it looks a lot easier on HGTV? Since you can decide what items you want in your home as it’s being built, you will spend less time working on home improvement projects. Things like remodeling your bathroom, upgrading the floors, etc won’t be an issue since you can choose to have them completed for you! You’ll have more time to enjoy your home, throw parties, spend time at the community amenities, etc.
  1. Keypad Locks - TechnologyAdvanced technology and design. Since your home is brand new, so will all the technology that comes with it. And in today’s tech-savvy age, EVERYTHING has some sort of technology attached to it. For example, M/I homes come with things like Schlage Keypad locks (which offer key-free touchpad entry), built-in thermostats, and many other high-tech appliances.
  1. Choose a floorplan, layout and homesite that meets your needs. Want to be on a wooded homesite with three-car garage? You might spend months, or even years looking for that perfect home that’s already built, but with a new home, you can select your homesite and then the floorplan that fits your family’s need. Again, saving you time (see a trend here?).
  1. Comfort and air quality. My husband has really bad allergies, so this one especially hits home (pun intended) with me. Because new homes have the latest building standards for a home, you will get a better “sealed” home that keeps your home cooler in the summer and warmer in the winter! That also means you get state-of-the-art ventilation and the best air quality possible.
  1. What’s your Homestyle? Last but not least, this one’s all up to you. We have a new “What Homestyle are you?” quiz on our website, so click here to take it and see if you’re a good match for new or used!

 

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