Ten years ago, a new home cost about $60K more than an existing home.
Not anymore. Today, new construction and existing homes are virtually on equal price footing.
That said, here are a few reasons why a new home may be right for you:
• New homes are built with the latest materials and technologies, making them more energy-efficient and sustainable.
• You may be able to customize your new home by choosing the floor plan, finishes, and appliances.
• Most new homes come with a warranty, which means major problems will be covered. Plus, with new systems and appliances, there shouldn’t be any costly surprises anytime soon.
• New construction homes typically have modern community amenities. Think walking trails, dog parks, playgrounds, and a community pool and clubhouse.
• Let’s face it. As much as you might love the idea of a fixer-upper, most people don’t have the time or capacity for major renovations or upgrades. A home you can walk into, hang a few pictures on the wall, and call it a day sounds well…pretty nice.
Keep in mind a new home can take several months to be completed. But if you can weather the wait, a new construction might be ideal for your next home.
Want to hear my take on the newest neighborhoods in Montgomery? Say the word by sending me an email, and I’ll share all the details.
Source: Old homes in the U.S. now cost just as much as new properties. Here’s why. – CBS News
-Megan Stultz
Call or Text 936-537-2587
Megan@Southern-Luxury.com
www.Southern-Luxury.com