Is new construction the way to go in this dizzying-paced market?
I’ve got the pros and cons you need — and it all comes down to what YOU want:
PROS OF NEW CONSTRUCTION
Custom-fit: Customizing your new home is the biggest pros of building new construction. It gives you the chance to design almost every inch of space to meet your needs.
Squeaky clean: Moving into a new home knowing that no one has ever lived there is an amazing feeling — plus, major systems and appliances won’t need replacing anytime soon.
No reno: When you build or buy new construction, there’s no need for updating because your home will be on trend with materials, colours, and design from day one.
Builder warranties and financing incentives: Many builder warranties will cover anything that happens to the home within two years of the date of purchase.
CONS OF NEW CONSTRUCTION
Cost: All that custom stuff? Yeah, it’s gonna come with a price. On average, it costs around 20% more to have a new home built than to buy an existing one.
Limited options: Unless you build a 100% custom home, you may be limited in your design, floor plan, and finishing options.
Fluid sticker price: Because of delays, change orders, and added costs, it’s hard to know how much your new home will cost until the welcome mat is out.
Timeline: You can be kicking your feet up in an existing home in as little as 30-45 days. New construction? Stretch that timeline out to at least 3-12 months.
Like to continue the conversation or tour some new construction communities around here? DM me and let’s chat!