There are a number of major milestones for adults in the United States, including graduating from college, getting married, and having children. Another is buying your first house. The majority of people in the market for a home will buy one that has already been lived in. However, according to the US Census, roughly one million new dwellings have been built in each month of 2015. Here are three reasons why you should join these millions of people who prefer new construction when it comes to their homes.
Due to advances in materials, new building techniques, and a more conscientious approach to the environment, new construction offers levels of efficiency beyond what most older homes can offer. Not only does this benefit the environment by reducing your carbon footprint, but also it can save you money in multiple ways. Higher efficiency means lower bills when it comes to gas, water, and electricity. You can also qualify for lower interest mortgage rates if the dwelling is energy-efficient enough. The majority of modern structures qualify for such financing, while older ones do not.
When buying an older house, it is important to know if there are any issues, such as termites, asbestos, and worn-out plumbing. But you can not always find all of the problems. With new construction, you know that the electrical wiring is done correctly, the plumbing is not worn out, and no toxic materials are present in your home. Furthermore, the vast majority of products used when building structures today are widely available. This means if there is an issue, you can easily pick up a new window, door, or cabinet from a home improvement store. In older houses, replacement parts are often no longer manufactured, and will, therefore, have to be custom made at great expense.
According to recent studies, the average length of home ownership is currently over thirteen years. Realtors believe that it is even longer for the first owners of a home. This is a long time to live in one place. With new construction, you have the ability to create exactly the environment you want, without having to settle. If you like cooking, you can build an extra large kitchen. If you are an avid reader, you can add a private library over the garage. Look around your current living space and consider what you would change about it. When you build your own house, you can make it just how you imagined.
In conclusion, new construction offers several advantages over older homes. They are generally much more efficient, which saves on utility costs, and can qualify owners for lower interest loans. There are fewer issues for the owner to deal with, and it is easier to fix problems when they occur. Finally, your home is where you will spend the majority of your days, so it should be just how you want it to be.