Is moving into a new home on your 2022 to-do list? Not just I-haven't-ever-lived-here-before new, but no-one-has-ever-lived-here-before new? Whether you're a current homeowner or a first-time home searcher, a newly constructed home could be just what you need to make your property dreams a reality this year. Here are four reasons why new builds could be worth your down payment and/or putting your current living space on the market.
1. Unleash Your Creativity
If you've ever played the popular computer game The Sims, you know how much fun it is to design your own dwelling space. Depending on when you enter the building process, new home construction can be just like that, but in real life! Whether you're working with a contractor to fill an empty plot or you're able to get in on the ground floor of a new housing community, you may get to leave your mark on everything from how many floors your house contains to the style of the light fixtures that illuminate every room.
Even if the property is already complete, the modular nature of many modern homes allows for a level of customization you can't find in most older properties. At least not without enlisting a contractor and construction crew. When the dust has settled, the paint is dry, and those keys land in the palm of your hand, you can take pride in knowing you're moving into a home that is truly yours
2. Protect Your Physical and Financial Health
According to a recent Statista Research Department report, nearly 75% of homes in the U.S. are 30 or more years old, and 43% of homes were built before 1978 when lead-based paint was first banned. Since then, regulations on other harmful chemicals like asbestos, formaldehyde, and phthalates have resulted in safer building materials ranging from paints and varnishes to pipes and insulation. Purchasing a new home on a fresh plot of land could also make your property eligible for a new home warranty, which could cover everything from materials to workmanship. You’ll be able to rest assured your residence meets the most recent codes and regulations. It also removes the need for renovations to replace outdated materials, which lowers maintenance fees and other unwanted surprises sometimes found in older homes.
3. Reach Peak Efficiency
Of all the many benefits technology offers, efficiency is probably the most significant. From water fixtures to HVAC systems, new homes often include countless efficiency upgrades you won’t find in older models. One excellent example of this is the seamless integration of smart devices. For instance, many modern homes either come with or can easily be equipped with smart security systems like motion-activated cameras or video doorbells. Speaking of, bluetooth locks are becoming increasingly common in new residences. In terms of lowering your monthly bills, newly constructed homes are often better suited for solar panels, smart thermostats, or even refrigerators that connect to your Wi-Fi router.
Modern homes are also more likely to have external power outlets for amenities like electric-vehicle charging stations or battery-powered backup generators. In addition to reducing your carbon footprint, these innovations have the potential to lower your monthly costs.4. Think About Longevity
4. Think About Longevity
As our society becomes more technologically advanced, future home buyers will continue to demand modern amenities like the ones previously mentioned. For that reason, purchasing a new home can be a potentially profitable financial investment. Not only is a new home likely to retain its value, but it could also lead to some beneficial credits that could help lower your taxes. Whether you're interested in a permanent residence or an investment property, a new home may be just what you're looking for.
Interested in learning more about the new home opportunities in our area? We would love to sit down and discuss them with you! Give us a call to hear about up-and-coming housing developments, the latest listings, or trusted contractors who could help you turn an empty plot of land into a sparkling new piece of property