by Amar REALTOR® | July 8, 2022 5:07 am
New Construction Homes vs. Resale Homes
New construction homes offer more customization and flexibility.
One of the benefits of purchasing a new construction home is the ability to customize it to your specific needs and taste. For example, you may choose the flooring, countertops, fixtures, and appliances you prefer. In addition, new construction homes often offer more flexibility in terms of layout. For instance, you may be able to select a floor plan with an open-concept living area or a house with a first-floor main bedroom suite. A new construction home may be the right option if you want a specifically tailored home to your needs and preferences.
New-construction homes are typically more energy-efficient
New-construction homes are typically more energy-efficient than older homes for several reasons. Building codes have become increasingly strict recently, and builders use more energy-efficient materials and methods. In addition, new homes are often
better insulated and have more energy-efficient appliances. As a result, they tend to use less energy overall. This is not only good for the environment, but it also saves money on utility bills. And with the cost of energy expected to continue to rise, the savings from an energy-efficient home will only become more significant over time.
New homes have warranties that protect you against defects in materials or artistry.
When you buy a new home, you are making a significant investment. In addition to the purchase price, you incur the cost of furniture, appliances, and other necessary items. As such, you want to ensure your new home is built to last. Fortunately, most new homes have a warranty that protects against defects in materials or artistry.
This means that if there are any problems with the construction of your home, the builder will be responsible for making repairs. The warranty length varies from builder to builder but typically lasts at least one year. In some cases, the warranty may even be transferable to future owners. This can provide peace of mind knowing that your investment is protected.
New homes have more control over the design and features of new construction homes.
When building a new home, homeowners have many factors to consider. The location, lot size, and neighborhood are just a few things that come into play. But one of the most important decisions is the type of home they want to build. For some people, this means buying an existing home and making renovations. Others choose to create a new construction home from scratch.
While both options have their benefits, building a new construction home gives homeowners much more control over the design and features of their new home. They can work with an architect to create a floor plan that meets their specific needs, and they can choose from a wide range of finishes and fixtures to create a truly their own space. Building a new construction home may take longer and cost more than buying an existing one, but the extra time and expense are well worth it for many people.
New construction homes are built to your specifications, so you can choose everything from the floor plan to the finishes.
Building a new home is an exciting process. You get to choose the floor plan that best suits your needs and the finishes and fixtures to make it feel like your own. While there are many benefits to buying an existing home, building new construction offers a unique opportunity to create the home of your dreams. New construction is the way to go if you want a home that reflects your style and personality. With so many possibilities, you’ll surely end up with a one-of-a-kind residence that you’ll love for years.
Resale homes are typically more affordable than new construction.
Affordability is often key when deciding whether to buy a new or resale home. In general, resale homes are more affordable than new-construction homes. This is because the cost of land and labor is typically included in the price of a new home, while these costs are not factored into the price of a resale home. In addition, builders often offer a variety of incentives to encourage buyers to purchase new homes, such as free upgrades or closing cost assistance. As a result, buyers focused on affordability may be better off considering a resale rather than a new construction home.
Resale homes come with established neighborhoods and communities.
Resale homes offer many advantages over new construction homes, including established neighborhoods and 
communities. When you buy a resale home, you benefit from the planning and development that has already taken place in the surrounding area. The streets and infrastructure are in place, and the neighbors have already moved in and become familiar. In contrast, new construction homes are often located in remote areas, far from shops, schools, and other amenities. This can make meeting new people difficult and make them feel like part of a community. If you’re looking for a sense of belonging, a resale home is a way.
Resale homeowners may be able to get a higher price for their homes when they sell
When it comes time to sell a home, many homeowners hope to get the highest possible price. For those who have owned their home for several years, improvements made over time may have helped increase its value. However, another factor influencing the selling price is whether the home will be sold on the resale market or as new construction. Houses sold on the resale market tend to sell for more than new construction. This is because potential buyers are willing to pay a premium for a home that is already built and does not require additional work. As a result, those looking to maximize their return on investment may want to consider selling on the resale market.
Amar Realtor specializes in new construction and resale homes. Amar has closed successful transactions representing sellers and buyers in various residential transactions, including single-family homes, townhomes, condominiums, and income properties. Amar also has expertise in short sales and bank-owned properties (REO).
Resources
https://www.boe.ca.gov/proptaxes/newconstructionproperty.htm
https://www.hcd.ca.gov/
https://www.hud.gov/california
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