Buying New Construction: Why A New Home May Be Your Best Investment Yet

While it may be against your first instinct to consider buying a new home, it’s time you should reconsider that reflex. New construction homes may be on the more expensive end of your budget, but can ultimately save you thousands of dollars in the long run.

Discover all you need to know about purchasing a new construction home with our easy-to-understand guide.

Old Homes = More Problems

Much like a person, homes as they age can develop problems that require upkeep and maintenance, which add up over time. Maybe the roof was built incorrectly and now leaks during thunderstorms, or the thermostat doesn’t run like it should, you’re accepting this responsibility as a buyer when you purchase an existing home.

Unfortunately, these maintenance fees aren’t counted into the price when you purchase, meaning while you think you got a steal, you could be throwing potentially thousands of dollars away each year on upkeep costs. If you’re not planning on this property being your forever home, it’s a poor investment.

Save Money in the Long Run

What scares most homebuyers away from new construction listings is the imagined price tag. While they do tend to be a bit more expensive than existing listings, the true added cost is marginal, and will almost undoubtedly be made up from the lack of maintenance expenses in the upcoming years.

Plus, newly constructed homes are built with more attention to quality of material and energy efficiency. Featuring top-notch and state-of-the-art materials means lower utility bills, saving you thousands of dollars as long as you live in that home.

Create Your Dream Home

Perhaps one of the most titillating advantages of buying a new home is simply being able to construct it to your exact needs and wants.  Are you an aspiring chef craving a kitchen to foster your abilities, or a growing family looking to house more in the future? Buying a new construction home allows you to design with flexibility to suit what exactly works best for you.

Apart from functionality, you also get creative control over the aesthetic of the home. Are you tired of generic cookie cutter homes? This is the perfect opportunity to build a modern architectural wonder, or throw back to classic revival elegance.

Ready to Make the Jump?

If you’re ready to create the home of your dreams, let me help! As your local real estate and area expert, I can help you through every step of the new construction process—from finding the perfect property to connecting with a vast network of professionals perfect for your needs.

Have questions about the area, or just want to know more about Philadelphia’s main line? Contact me and discover why locals absolutely love living here.

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