If you’re in the market for a new home, have you considered going the route of a brand-new build? With more buyers choosing new construction than ever before, you might want to take a closer look at what makes these homes so appealing. Data shows that newly built homes now account for 15% of all home sales, the highest percentage in 17 years according to the National Association of Realtors (NAR).
So, what’s motivating buyers to go with something fresh off the lot? Let’s break down the reasons more people are opting for new construction.
1. Say Goodbye to Unexpected Repairs
Who wants to deal with plumbing issues, electrical problems, or the hassle of renovations right after moving into a new home? No one. That’s why the number one reason buyers are flocking to new homes is the peace of mind they offer. With brand-new everything—plumbing, electrical systems, and appliances—you’re far less likely to face unexpected repair costs. Plus, many builders provide warranties, adding an extra layer of protection for your major systems. With inflation impacting everything from groceries to gas, avoiding additional maintenance expenses is a major draw.
2. The Freedom to Personalize
One of the most exciting parts of buying a newly built home is the ability to customize it to your tastes. Whether it’s picking the perfect floor plan, choosing the color of your walls, or selecting the light fixtures and cabinet knobs, you get to make your home truly yours. If you haven’t found a home that fits your vision, building one from scratch allows you to make every detail exactly how you want it. The level of personalization available in new builds is one of the top reasons they’ve gained so much popularity in recent years.
3. Access to Amazing Amenities
Many newly developed neighborhoods come with a whole range of community amenities like parks, swimming pools, fitness centers, and communal spaces. These extras not only enhance your lifestyle but also help foster a greater sense of community. If you’re someone who enjoys being connected to your neighbors or taking advantage of social spaces, a new home in one of these communities could be just what you’re looking for.
4. Increased Inventory of New Homes
If you’ve been house-hunting lately, you know that the market for previously owned homes can be limited. With the supply of existing homes lower than normal, many buyers are turning to new construction to broaden their options. Builders have ramped up production to meet demand, meaning more new homes are available for sale right now. This is a win for anyone who’s having trouble finding the right existing home and wants to explore newer options.
5. Energy Efficiency Saves You Money
Energy efficiency is another perk that makes new homes so attractive. Modern construction techniques and eco-friendly materials lead to homes that are more energy-efficient than their older counterparts. This means lower utility bills, which is great news for your wallet. From high-efficiency water heaters and air conditioning units to energy-saving appliances, new homes are built with your budget and the environment in mind.
6. Smart Home Features for the Tech-Savvy Buyer
Today’s new homes are packed with the latest technology to make life easier and more connected. Smart home features like voice-activated systems, smart thermostats, and advanced security options are becoming standard in many new builds. These technologies not only add convenience to your life but can also help you save on energy costs by optimizing your home’s systems. If you love technology and want to stay ahead of the curve, a newly built home may be the perfect fit.
The Importance of Having Your Own Agent
While new homes are a hot commodity, don’t forget the importance of having your own real estate agent. Builder contracts can be complex, with fine print that’s easy to overlook. An experienced agent can help ensure you’re getting the best deal, advocate for you throughout the buying process, and guide you through every step, from choosing a builder to negotiating the final price.
Buying a newly built home comes with numerous benefits, from avoiding renovation headaches to customizing your space exactly how you want it. If the idea of skipping repairs, personalizing your home, and taking advantage of energy-efficient technologies sounds appealing, let’s talk. Call or text us at 855-935-MORE, and let’s explore your options to find the perfect newly built home for you.