Home Buying Tips - Buying New Homes vs. Used Homes

Buying a home is one of the biggest investments in a person's life. With so many home options available, the decision to purchase a new or used home can be overwhelming. New homes offer many modern, practical and cost-saving advantages that used homes often lack. New homes also symbolize a fresh start; it is a way to establish a long-term future from a good starting point. Homebuyers have a unique opportunity to live in a new area and become part of a new community. Today's new homes are built with durable products that are easy to take care of and advanced construction techniques that save homeowners both time and money.

The following home buying tips outline some common benefits of a new home:

Choice of Finishes

Homebuilders offer a wide range of stylish homes and coordinating finishes. The level of customization varies depending on the builder but such choices are a way to personalize what would otherwise be just a "blank canvas".  The ability to choose your carpets or paint colours increases feeling of ownership.

You are the Only Owner

There's a certain pride that comes with being the original owner of a new home which can't be experienced with a used one.  Unexpected costs sometimes accompany the purchase of an older home.  Avoid the shock of having to repair hidden electrical or plumbing problems. New homes come with warranties so there are no extra maintenance or upkeep expenses to worry about.

New Appliances

Today's new homes may include a full set of new appliances.  They are more energy efficient and  technologically advanced than appliances found in older homes with features designed to suit the modern lifestyle.  Homebuyers can now move in and start using them immediately instead of having to deal with the stress and logistics of buying these appliances separately.

Modern Design

Modern homes are more structurally sound as they are built with the latest technologies and innovations.  Layouts are designed for comfort and the modern lifestyle (e.g. open-floor plans and more luxurious ensuites).  Floorplans are functional yet beautiful. Homes are typically more spacious and efficient to operate. There is more opportunity for customization as builders are offering homebuyers a chance to add personal touches to standard features.

Safety

Most new homes are now hard-wired with advanced safety features such as smoke detector systems, better windows and circuit breakers.  Modern locks and alarms mean lower insurance premiums and peace of mind.  Materials used in the construction of new homes no longer contain hazardous substances like asbestos and lead.  All new homes adhere to today's stricter building codes and standards.

Energy Efficiency

New homes are built with the latest energy-saving devices (e.g. better windows), ventilation systems (e.g. better heating/cooling systems) and insulation technology. They are twice as energy efficient as homes built before 1980s.  Today's environmental standards are also helping to prevent mould and improve air quality.  Homebuyers save money, the environment and energy costs all at once.

Maintenance

New homes have better warranty protection against defects in workmanship, materials and structural components.  Most are constructed with durable siding, window and trim materials that never need painting.  Roofing materials are denser, last longer and have fire-retardant features.