Buying Homes New Makes Sense

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By Dennis Fineman


For someone in the market for a home, they can look at older homes in neighborhoods that have been around for decades, or they can chose from recent construction. There are advantages either way, but new homes offer a few advantages that older homes do not.

The housing market is already full of homes, and sharp people like to snatch them up when times are good with an eye to investing. They are sometimes able to get great deals on new homes due to foreclosure auctions and then either flip them or rent them out. This is a very effective way to enter the business of being a landlord. There are also tax incentives that come with buying.

A house that was built recently won't suffer from many of the problems that plague older homes that come from wear and tear. A house built in the last decade or so likely won't have issues with wiring, plumbing or heating. All of the systems are up-to-date. The reason prices fluctuate is because at certain times, more people may be selling than buying, or vice versa. That's why it's important to take advantage of a good market. Here are some advantages to buying a new home.

They're Built to Be Efficient - Old houses can have a unique look and feel, but new construction houses use modern design choices that are proven to be more energy efficient than homes of previous generations. Due to better insulation, the homes retain more heat, and they often come stocked with Energy Star appliances that consume less energy. And despite being larger in size than old homes, with more open space, the efficiency makes them cheaper to maintain.

A Little Slice of Suburbia - Recently-constructed neighborhoods attempt to recapture that feel of suburban community. They might have miniature parks and playgrounds, wide sidewalks appropriate both for bicycle and foot traffic, not to mention the security of a gated community or a cul-de-sac.

Modern Home, Modern Entertainment - If you talk to someone who was building homes in the 60s, you can be sure they didn't have surround sound or HD projectors in mind when they designed the living rooms. No one could have predicted what entertainment trends would be popular half-a-century later, so they were designed with the era they came from in mind. Modern homes are designed to be fitted with modern entertainment, so you won't have to fiddle with the wiring or work in confined space.

The final reason to buy a new home is simply that the American consumer still likes new. Imagine a newly-wed family: The mother will want to cook on a new stove, and the father will want a spare den room all to himself. The American home is no longer a kitchen and two bedrooms: It has den rooms, entertainment rooms, exercise rooms, and everything for the modern imagination.




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