In 2023, nearly 31% of buyers bought a brand new home. A common misconception is that new homes are generally less affordable than pre-owned homes.
However, choosing to buy a to-be-built home can save substantially in remodeling costs. You can also protect yourself from financially crippling maintenance issues.
And guess what? These are just two of the advantages of buying a newly constructed home. Let's walk through all of the benefits of buying a to-be-built home.
A to-be-built home is a brand-new home built to the preferences of the buyer. The buyer gets to choose everything from the homesite to the trim. It is truest form of buying a brand new home.
For clarity, not all new homes are to-be-built. Another type of new build is a quick move-in home, which is also true to its descriptive name. Those types of homes are for those who don't have the luxury of time and, quite literally, need to move in quickly.
Besides time, which can depend on a variety of factors, there are numerous perks to buying a to-be-built home. Here are our top seven.
One of the exciting advantages of buying a to-be-built home is that you can choose from multiple floor plans. And most of these floor plans allow for various options and upgrades. This could be a larger kitchen island, bigger closets, wider patio, room for a third car in the garage, and much more.
You have the opportunity here to make your home's layout truly your own, so choose wisely -- changing your home's layout in the future won't be so easy.
When buying a new build home, you will also be able to choose from a range of interior materials and finishes. You get to select things like backsplash, flooring, cabinetry, paint colors, etc. This gives you a lot of opportunities to truly personalize your home.
It means your new home, while being similar to its counterparts, will still be personalized and unique to your taste.
Being able to choose the finishes and fittings has a few distinct advantages.
For one, you can move into a home that you love from the get-go. No swapping out of fittings, replacing old cabinetry, or wishing the floor were a different finish.
Not having to change these things also saves you substantially on move-in remodeling costs.
As mentioned above, to-be-built homes come with an absolute minimum of maintenance costs.
This is a decided advantage, as it can save you money, time, and inconvenience.
In contrast, older homes are almost guaranteed to incur higher maintenance costs. There will inevitably be a lot more fixing and replacing to do.
Depending on the age and construction of older homes, they can develop various issues -- some of which can be costly to repair. Here are just some of the main problems older homes can develop:
In some cases, these types of repairs may be affordable. But in others, they could be crippling. For instance, if a roof replacement is in order, this can cost tens of thousands of dollars.
And these types of large, unexpected maintenance costs are common. In fact, more than 44% of Americans experience them within one year of closing on a resale home.
Besides being practically maintenance-free, some homebuilders offer warranty services for their new construction and to-be-built homes. This means that in case something fails or breaks during the warranty, it will likely be repaired under warranty.
One of the drawbacks to buying a pre-owned home that many people don't consider is the lifespan of appliances.
When buying a new build home, all of the appliances will be right at the start of their warranty period.
On the other hand, in older homes, you will often find that the appliance warranties are either out of date or due to expire soon. This means the cost of replacements and repairs is all on you.
Another benefit of buying a new build home is they are often more energy-efficient and healthier.
Depending on the time of construction, older homes can contain potentially toxic materials, such as asbestos and lead-based paints. They can also contain mold colonies or have radon emitting from compromised foundations.
In contrast, new construction houses can only be built using materials that pass accepted safety ratings. They're also built to higher energy efficiency standards.
For example, Brightland Homes to-be-built homes have an average Home Energy Rating System (HERS) score of 64. That's more than twice as efficient than that of the average resale home. Imagine what that will save you on utilities over time.
When purchasing a resale home, there are inevitably things that home buyers want to change. Whether it's the living room paint job, the bathroom floor, or the outdated kitchen, there's almost always a remodeling projects that has to get done.
This incurs extra costs and also complicates the move-in process.
When you buy a to-be-built home, you can move in hassle-free. All you have to do is pick up the key.
If you're looking for your dream home, then a to-be-built is the way to go. The personalization is unmatched to a quick move-in or resale home.
Brightland Homes can help you build that dream. We guide you through the process from start to finish and can even supply financing options and advice. Start by filling out the form below, and one of our experts will contact you!