Ro Caddick-Kilduff's Blog
Once you’re ready to buy a home, you probably have a pretty good idea of what you want. Should you buy a new construction home, or look for an existing one? Builders may refer to existing homes as “used.” This term makes them sound much less appealing. Truthfully, there are many advantages to both new and existing houses.
Benefits Of New Homes
One of the most visible benefits of buying a new home is that it is untouched. The home is clean, and everything is sparkly new. You know that nothing in the house needs to be repaired. That is one of the most significant incentives to buy a new construction home. Having no repairs offsets some of the typical costs that homeowners incur once they buy.
Latest Technology And Amenities
One of the other benefits of new homes is that they are not dated. You’ll have access to all of the latest technologies and amenities in a new construction home. The home will be energy efficient which will save you some money on utilities. You’ll have all of the technological comforts that you need in order to keep your devices charged and your in-home entertainment on point.
You May Be Able To Select Features
If you do buy a new construction, often, you’ll have the option to choose the details of the home. Some key features, colors, and styles will be in your control, so you can’t complain about them once you move in!
There may be less competition for a new home. This is because most new homes are present in neighborhoods that are just being built. All the home on the street are most likely vacant, so people looking for new construction have a lot to choose from in one area.
The Cons To New Construction
Although buying new construction sounds fantastic, there are a few drawbacks. First, you’re pretty much relegated to one location- wherever the new homes are being built which is generally on a new street full of new homes. The area is essential especially when it comes to your home’s value increasing over time. Many times, new construction homes are built by the same construction company. All of the houses on the street look the same, and there may be little differentiation between them other than the color. If you’re someone who likes variety, this is something to consider.
Keep in mind that you can always buy an existing home that may be less expensive than new construction and do whatever it takes to make it your own. This is a practical option for many people. Your options may be a bit fewer if you do decide to look for new construction homes, so it’s good to go into the home buying process with an open mind as to all the possibilities that are available.
Ready to embark on a new adventure? List your house, and you may reap the benefits of your decision for years to come.
Ultimately, there are many reasons why you should consider kicking off the home selling journey today, and these include:
1. You could profit from a home sale.
Diligent home sellers generally have no problem showcasing their properties to dozens of prospective buyers and generating significant profits. If you know how to effectively promote your residence to property buyers, you could enjoy substantial profits from your home sale.
Oftentimes, it helps to bolster a house's curb appeal prior to adding a residence to the real estate market. A home only gets one chance to make a positive first impression on buyers. And if your residence boasts a dazzling front lawn, pristine siding and other stunning exterior features, it may be better equipped than other properties to stir up interest from buyers.
You may want to get your house appraised too. This ensures you can get a property valuation from a home appraiser and establish a competitive initial asking price for your residence.
2. You can upgrade or downsize.
Although your present home may have suited you perfectly when you initially bought it, now may be a good time for a change. Fortunately, you can upgrade or downsize as needed if you sell your home.
Think about your current living situation and future plans. Then, you can simultaneously list your residence and search for a new house that matches your criteria. And once you finalize your home sale, you can seamlessly relocate to a new address.
3. You can live closer to family members and friends.
If you enjoy spending time with family members and friends, you may want to find a house that is close to these loved ones. Meanwhile, if you currently are forced to deal with a long commute to visit loved ones, listing your house may help you take the first step to live near family members and friends.
When it comes to finding a house near loved ones, it may be beneficial to hire a real estate agent as well. A real estate agent can help you list your current residence and search for a new home close to family members and friends. That way, you can get the support you need to accomplish your desired goals.
During the home selling process, a real estate agent will showcase your residence to potential buyers and negotiate with a buyer's agent on your behalf. He or she also will respond to any concerns or questions that you may have throughout the house selling journey.
Furthermore, if you need to find a new home once you sell your current residence, a real estate agent is happy to assist you. This housing market professional can keep you up to date about available properties in your preferred cities and towns and help you find your dream residence.
Hire a real estate agent today, and you can receive expert guidance any time you want to sell or buy a house.
324 South Street, Wrentham, MA 02093
324 South Street, Wrentham, MA 02093