Sunday, February 16, 2014

Buying Houses New: The Advantages

Buying Houses New: The Advantages

By Dennis Fineman


When you choose to buy a house, there are two ways you can go about it: you can look for an older home, or you can look for or special order a new construction home. While there are certain advantages and disadvantages with each, there are a number of positives about new construction homes that you might want to consider.

There are plenty of houses on the market, ready to be cherry-picked by smart investors. Brand new homes can be purchased cheap at foreclosure auctions. It is sometimes possible to buy groups of houses, and this could be a wise long-term investment for someone wanting to set up business as a landlord. To make it even easier, there are now tax incentives to buy.

A house that was built recently won't suffer from many of the problems that plague older homes that come from wear and tear. A house built in the last decade or so likely won't have issues with wiring, plumbing or heating. All of the systems are up-to-date. The reason prices fluctuate is because at certain times, more people may be selling than buying, or vice versa. That's why it's important to take advantage of a good market. Here are some advantages to buying a new home.

New Homes Are Energy Efficient - While there is an appeal to older homes with a distinct, quaint look, new homes are often designed to be highly energy efficient. They lose less heat, due to superior insulation techniques and come with newer appliances and plumbing systems that use energy and water more efficiently. While new homes tend to be bigger than old ones, the energy efficiency actually makes them cheaper to power and heat than a lot of old homes.

A Little Slice of Suburbia - Recently-constructed neighborhoods attempt to recapture that feel of suburban community. They might have miniature parks and playgrounds, wide sidewalks appropriate both for bicycle and foot traffic, not to mention the security of a gated community or a cul-de-sac.

Entertainment for a Modern Age - Understandably, the homes of previous decades were designed to be fitted with the entertainment systems popular at that time. But this means that a house from the 70s will take require some serious work to accommodate a modern-day sound system or high-definition projector. Conversely, a home built in the modern age has modern conveniences in mind. Most new homes are already set up to be easily fitted with large TVs and powerful surround sound speakers.

One last good reason to buy new is the simple fact the average consumer enjoys having something new more than something used. Modern homes have moved away from the design choices of the past, becoming larger and more complex, suited for a more complex lifestyle.




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