Skip to content
×
Pro Members Get Full Access
Succeed in real estate investing with proven toolkits that have helped thousands of aspiring and existing investors achieve financial freedom.
$0 TODAY
$32.50/month, billed annually after your 7-day trial.
Cancel anytime
Find the right properties and ace your analysis
Market Finder with key investor metrics for all US markets, plus a list of recommended markets.
Deal Finder with investor-focused filters and notifications for new properties
Unlimited access to 9+ rental analysis calculators and rent estimator tools
Off-market deal finding software from Invelo ($638 value)
Supercharge your network
Pro profile badge
Pro exclusive community forums and threads
Build your landlord command center
All-in-one property management software from RentRedi ($240 value)
Portfolio monitoring and accounting from Stessa
Lawyer-approved lease agreement packages for all 50-states ($4,950 value) *annual subscribers only
Shortcut the learning curve
Live Q&A sessions with experts
Webinar replay archive
50% off investing courses ($290 value)
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x

Posted over 11 years ago

Benefits of New Construction

Gone are the days when we think only the rich and famous can buy new homes.  What was once considered a luxury has now been made more accessible to the home buyers.  Builders and developers have introduced a wide array of new construction homes in various sizes, styles and price-ranges, including townhomes, condominiums, and single-family homes.



And because new construction homes are now within your reach, you have more than enough reason to actually consider getting one!  Here are a few benefits of purchasing new construction that are sure to appeal to home buyers.


Everything is New and "YOU!"

Ever walked in a home and thought, “Oh, if only the previous owners didn’t do this.”  You know what I’m talking about – misplaced built-in fixtures, inadequately sized rooms, improper room layout, or shabby carpeting.  Home trends change with time and newer homes nowadays often have grander bathrooms, walk-in closets, and larger kitchens!


Also, if you buy a home in the pre-construction stage, you might have a say on the layout and customize the home features according to your liking.


Eco-Friendly (Lesser Costs, Too!)

Think about it – less renovation expenses.  You don’t have to spend too much to “suit” the home according to your tastes because it was made for the modern you in the first place!


Newer homes are also more energy-efficient as some developers are now required to comply with Energy Star standards.  Builders also try to incorporate ‘green living’ elements into the home such as well-placed windows to accommodate natural lighting.  You don’t have to worry about high electricity costs and even scarier, outdated electrical wiring.


A Welcoming Neighborhood

Usually, when you buy a new home in a community, everyone else is new, too!  There are no existing cliques to deal with, and you get to build up the community and welcome the new neighbors as they arrive.


Better Value for Home Resale

Life happens, and when it’s time for you to move or give up your home, you’re in a better spot than older home sellers.  Because your home is relatively newer, it will be more attractive to home sellers who are looking for a typically newer home at a lesser cost than a new construction.


In the end, buying new construction not only appeals to a homeowner’s pride or visual tastes, it also allows you to save more money in the long run, and secure a favorable financial spot once it’s time to sell.   


Rebecca Johnson, Realtor


Comments