What Are the Benefits of Building a New Home?

Since the family home is usually recognized as the largest single investment a person makes in their lifetime, many buyers go to great lengths in searching for the right design, materials, and costs. Apart from personal preferences, location, price, market trends, and the condition of the property are always deeply considered before signing a contract. Of course, the biggest decision in a home-buying process is whether to buy and renovate or build a new home. Each course has its pros and cons, but here we’ll focus on the advantages of building a new home.

Exactly as you want it

Often times this is the reason enough for many homebuyers. The feeling of moving into a brand new home that you’ve designed together with your architect is hard to match with any existing home purchase. Building from the scratch gives you a clean slate to work with, and tons of flexibility to customize features like the arrangement of the rooms, staircases, windows, porches, etc.

No need to renovate

Building from the foundation up means there’s no need to renovate, repair or replace. Although each buyer’s mileage may vary, these post-purchase actions can be exhausting, especially after you’ve splurged on a property you’ve been hunting for some time. Building new ensures that every aspect of the home is customized, so there are no surprises concerning materials and the quality of work.

Energy efficiency potential

We often forget that then current trends and energy efficiency standards haven’t always been around. Only half a century ago, when a lot of current homes were built, not many people understood the concept of energy efficiency. Nowadays, with the energy prices much higher, every homeowner understands the importance of quality insulation, energy-efficient windows, and even concepts of passive building. By building your home, you are free to invest in as many energy-saving features as your budget allows it.

Easier maintenance

At least in the first ten years, new homes require much less repairs and maintenance, saving you both time and money. If you build new, the materials and installations such as wiring, plumbing, and air conditioning, will be of better quality and more up-to-date with today’s building codes. As a result, your new home will experience less break-downs, blackouts, leaks, clogs, etc., saving you money in the long run.

Working with a reputable contractor

Due to national and state government incentives in countries like Australia, more and more prospective homeowners are motivated to consider building new through programmes like the First Home Owner Grant (FHOG). This interest in new homes is followed by the demand for trusted contractors like this team of professionals for new home construction in Sydney. In search for a construction company, ask for the references of past clients, architects and subcontractors they have worked with. Also, they should confirm their licences, as well as they bonding capacity, in case something unfortunate happens.

Homes selling like hotcakes

Whenever the ‘used or new’ debate pops up, perhaps the real question should be ‘could you buy a used house if you wanted to?’ As the housing market is getting increasingly besieged by the millennial buyers, the demand for houses in attractive neighbourhoods is starting to grow past the supply. This report by the CNBS Realty Check warns that home sales have increased nearly 10% over a year, and those are the figures from 2017. With such a competitive market, homebuyers need to be watchful as ever, attend open houses, talk with realtors, and eventually compete with other interested parties in the bidding process. By building new, you save yourself all the time, trouble, and costs associated to house hunting.

Smart features, finishes and tech

Like fashion, cars and gadgets, housing trends change with time. And if you want to remain current on what’s working and what isn’t, building new is always the right way to go. By building from ground zero, you can implement the latest features, finishes, but most importantly, smart technology which would be otherwise challenging to integrate with an older home. Also, keep in mind that the resale value for new construction under normal circumstances is far greater than with older houses.

When you decide to move into the house of your own, the second decision is usually whether you’re going to buy an existing house and adapt it to your needs, or build a custom house from scratch. Apart from the greater energy efficiency potential, new builds are always easier to maintain, as well as more convenient for implementation of smart technologies. Above all, you get to choose the construction company, so there are no surprises after you turn the key.