Things to Remember When Selecting a New Home
The new homebuyers are usually faced with the option to buy a new home or that existing home. Before making a decision, there are various things that the homebuyer must consider. Here are the essential things that you should be aware of when owning a new home to going for an existing one.
The design as well as the layout is one thing that you must consider. New homes tend to have such extras such as larger rooms, more bathrooms and bigger closets. There are often additional options like type of cabinets, paint color, the custom wiring for the appliances, phones, computers, the flooring and several others. The modern features such as the walk-in closets, the extra bathrooms and others are also available when building a new house. If you go for the existing homes, then you could have the design and the layout of the previous owner. Upgrades and also renovations would tend to be quite expensive too. For those who want to have heritage homes such as the Victorian hoes that come with hardwood floors and high ceilings, they may go for the existing homes.
Though the existing homes can be more affordable to buy, they often require more maintenance that can increase the costs. The new home usually have durable materials such as pressure treated wood decks and aluminum siding that need little maintenance for many years. Those new homes are constructed from materials which only need little or no maintenance at all. The purchase price for such existing home is usually more negotiable.
Usually, the new homes have just little or no costs associated when it comes to roofing, plumbing, wiring as well as heating systems. Those existing homes may require upgrades and repairs as well.
Also, there are a lot of homebuilders that provide warranties ranging from eight to ten years. The warranties may cover the problems that are related to construction. Moreover, those new appliances such as the stoves and refrigerators can be under the warranty of the manufacturer. Existing homes don’t come with warranties.
New homes have better insulation, windows, and air filtration systems and their heating and cooling systems are more efficient. Those existing homes are not really energy efficient. There is poor air circulation and such means that there will be more energy used.
The new home subdivisions are built or made to provide various community extras like parks, schools, swimming pools and playgrounds that are just nearby. The existing homes don’t have this type of luxury.
Depending on the location, the new homes are able to meet weather as well as geological standards for tornadoes, hurricanes, flash floods, earthquakes and more. But the existing homes are not able to meet these things.