Wednesday, August 12, 2009

Why Build a New Home?

Everyone knows it's a buyer's market these days. Find the neighborhood you like and you're likely to find at least one home for sale. If you find more than one, you'll probably be in the driver's seat when it comes to making an offer. So why would you want to build a new home rather than buy an existing home? We tell our prospective clients that building a custom home allows them to have the home that THEY want rather than the home that another owner or even the builder wanted to build. You can look and look at existing houses, but you'll probably never find a house that fits ALL of your needs perfectly.

The Home Builders Association of Greater Cincinnati offers these reasons to build:
  1. When you buy a new home you get exactly what you want. You won't have to replace old carpet, countertops or aging appliances or roofs. You select the floor plan, appliances, window treatment and flooring.
  2. New homes carry better warranties.
  3. Today's new homes can be wired to take full advantage of the latest communication, security, home office and entertainment technologies.
  4. New homes often sell at higher resale values than older homes.
  5. Builders today are subject to more stringent disclosure standards than existing home sellers.
  6. New Homes are safer than older homes. They have the most up to date wiring and electrical components and have been constructed to meet today's stringent building codes.
  7. New homes are healthier because asbestos, lead, and other hazardous materials are no longer used in new home building.
  8. New homes are more energy efficient. Newer window technology, increased efficiency in heating & cooling systems, better insulation and better control of air infiltration are just a few of the things that make new homes far superior in energy efficiency than existing homes. New homes are twice as energy efficient as homes built prior to 1980.
  9. Existing and or older homes are more expensive to maintain and require additional maintenance and upkeep vs a brand new home or condominium.
  10. New homes offer more updated floor plans, typically featuring more storage, larger rooms and modern features.

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