There are many benefits to buying a newly constructed home over an older home. There’s no guarantee that you will know of all the problems an older home has, especially if it’s a foreclosure. Lenders won’t always know of all the problems or if the previous owner intentionally sabotaged something in the home. Even home inspections can’t pick up every possible problem a home may have.
In addition, when you buy a new home, you can pick the amenities. You can pick the type of floors and the color on the walls. You can pick the type of tile you want in your kitchen and bathrooms. Some upgrades can be purchased at a discounted price as well. By designing your own home, you are able to tailor the home to your taste from the beginning.
Moreover, newly constructed homes are energy-efficient. Homebuilders are required to comply with the 2009 International Residential Code. More specifically, the State of Texas, adopted the 2009 International Residential Code on January 1, 2012. This means new homes in Texas must comply with the energy-efficiency laws in this code. New appliances are also more energy-efficient.
New homes have substantially less repairs than older homes. Older homes have the potential for problems leading to additional unforeseen expenses. For example, when the foundation of a home cracks, the structure usually cracks as well. Having a new foundation is a sure way to avoid expenses associated with foundation repair.
Furthermore, new homes come with a one year builder warranty. The builder will repair or replace anything that goes wrong with the home for one year. If anything goes wrong with an older home, unless you bought a warranty, you will be paying for those repairs. Even if you did buy a warranty, you could still end up paying for certain things out of pocket as warranties don’t cover everything.
Buying a new home allows you the ability to ensure additional fire safety in your home. In Texas, smoke detector guidelines are governed by the fire safety code of the political subdivision where the home is located. Sellers are required to provide smoke detectors in each home according the fire safety code. If the subdivision where you’re buying your home doesn’t require hard-wired smoke detectors, you should make sure that your home is hard-wired for smoke detectors. These smoke detectors work off the electricity of the home with a battery back-up in the event the power goes out.
Source: www.usnews.com
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