Author Box
Articles Categories
All Categories
Articles Resources

Top Benefits Of Investing in A Newly Constructed Home Rather Than A Pre Owned Home

April 06, 2012 | Comments: 0 | Views: 162

Purchasing a new home instead of a pre-owned one comes with various sizable benefits. In the current housing market, new houses are priced very competitively with pre-owned houses, so except for those people who want an address with some history or who want to be in a distinct neighborhood that doesn't have space for any newly constructed, most individuals will do better with choosing a new construction house.

A considerable benefit that new construction homes have over pre-owned is the warranty protection. Warranties are available when investing in a pre-owned house, but the protection is much more restricted in duration and scope as compared to the warranties on newly built houses. Warranties on newly built houses generally cover you for one year on basic finishing and appearance items, five years on appliances and other mechanical items, and ten years on structural items. With a pre-owned house, a conventional warranty is restricted to one year on the whole lot.

Power efficiency is an additional benefit of purchasing a newly built residence rather than a pre-owned residence. Residences built now are much more energy-efficient than residences constructed just a few years ago. Energy-efficient appliances and HVAC units in addition to improvements in insulation will generally save you sizable amounts of money on your monthly utilities, which will help offset the difference in mortgage payments between a newly built house and a pre-owned one.

New construction homes typically require less care and maintenance than older houses, and this further reduces your monthly costs. Advancements in exterior materials have resulted in homes that are more resistant to bugs and damage from the weather, and new inside finishes are holding up better to every day wear and tear. You'll have less hassles and expenditure when you have less to do to keep up your home and fewer repairs to complete.

More often than not is it possible to have at least some customizations done at little to no additional charge and you can get what you really want without having to endure significant remodeling. New home builders can usually give you several floor plan variations and will often have design studios with consultants to help you select the right finishes so you can make your residence truly your own.

One final benefit of newly constructed homes is that builders are often making some very nice features in their new developments that are typically not available in older neighborhoods. New neighborhood features such as multi-purpose sport courts, large well-equipped community centers, and even nature trails can add considerably to the convenience and your enjoyment of your surroundings.

Clearly, there are a considerable number of noteworthy advantages and benefits to purchasing a new construction house as compared to a pre owned one. Factoring in the reduced cost of utilities, superior warranty coverage, reduced care and upkeep, and better features and amenities, new construction homes provide a really great worth. Although new homes may have somewhat higher purchase costs, savings on utilities and reduced upkeep costs will frequently offset the higher initial cost in the long-run.

Jim Dunlap is a new home specialty realtor in San Antonio, Texas. For added information about investing in a new construction house, especially new construction houses in San Antonio, please take a look at the New Homes San Antonio introductory video, or contact him at his New Homes San Antonio website. You may also make contact with his office:

Realtor Jim Dunlap, 16719 Huebner Road Suite 4, San Antonio, TX 78248, (210) 394-5000

Source: EzineArticles
Was this Helpful ?

Rate this Article

Article Tags:

Advantages Of New Construction Homes


Newly Built Homes


New Home Buying

The documents are inevitable to assess your age, income, employment and residence. For the loan to be petitioned from the bank, you need the right procedure of application.The documents are

By: Simon Liva l Real Estate > Buying l November 20, 2012 lViews: 257

The main reason why people tend to be apprehensive about moving homes is that it entails packing everything in the home, transporting it and then unpacking it in the new home. The entire process of

By: Ringo Star l Real Estate > Moving Relocating l October 27, 2012 lViews: 210

There are a number of benefits to owning a second home. Buying to let is a long term investment. The property will usually accumulate value over time and also can generate rent on a shorter term

By: Alan Trotter l Real Estate > Investing in Real Estate l October 19, 2012 lViews: 241

Building a home, especially your first one, can be an incredibly daunting task - there are a number of factors, including budget and planning, that must be taken into account before any sort of

By: John K. Taylor l Real Estate > Building a Home l July 10, 2012 lViews: 333

When you're ready to sell your house, the first thing you'll probably do is find a real estate agent to help you through the process. It can be so inviting to seek out the discount Realtors who offer

By: W Josh Anderson l Real Estate > Selling l July 10, 2012 lViews: 262

You see the signs everywhere, especially in a strong economy: For Sale By Owner. For some reason, many people believe they'll do a better job of selling their homes without the assistance of a real

By: W Josh Anderson l Real Estate > Selling l July 10, 2012 lViews: 241

One can say Coronado is an amenity of downtown San Diego. We regularly chat about Coronado highlighting its proximity to downtown as an enjoyable day out.

By: Margaret A Irvingl Real Estate > Homesl April 07, 2012 lViews: 172

It's been a long time coming years upon years of countless foreclosures, short sales and distressed properties have hit the Real Estate market but believe it or not, we are finally starting to see

By: Katie D. Creekl Real Estate > Homesl April 05, 2012 lViews: 153

Florida golf course homes enjoy the best of all worlds; easy access to championship golf, and a wide variety of other amenities. If you're looking for a luxury home in Florida, several premier

By: Charles Posessl Real Estate > Homesl April 04, 2012 lViews: 180

For many people, moving into a first place is more about the acquired freedom than it is about the structure. Whether it's a rented room in another's home, a one-room efficiency or an actual

By: Al Zobecl Real Estate > Homesl April 03, 2012 lViews: 176

You will feel difficulty in selling a mobile home when you are not having the right preparation and when you are not following proper channels. These mobile houses are ideal for people who want to

By: Rebecca K Leel Real Estate > Homesl April 03, 2012 lViews: 147

We all know that the Green movement is in full swing. We're aware that things are changing, that things are moving in a direction where energy efficiency and environmentally friendly products are

By: Gary Gentryl Real Estate > Homesl April 02, 2012 lViews: 163

Discuss this Article

comments powered by Disqus