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Why Buy a New Home
22 REASONS


1. Favorable Pricing. Competition among homebuilders makes new homes less likely to be overpriced. New homes are easy to compare with other new homes in the market equating value to value. The homes are the same age and options are declared up front with a price breakdown for comparative shopping.

2. Simplified Financing. Securing financing is the major obstacle to home ownership. Most homebuilders have done the legwork for you. They have researched the market and negotiated the best rates for their specific type of housing. Many homebuilders now include closing costs in the price of their homes.

3. New Home Warranties. New home buyers are assured of at least a one-year warranty on the home itself, and most likely five years on major appliances. Many of today's homebuilders extend structural warranties to a full ten years, underwritten by insurance companies.

4. Modern Appliances. Appliance manufacturers introduce new models every year and homebuilders are able to offer the latest state-of-the-art equipment at the time of completing a new home. And, because the homebuilder buys for his entire production of new homes, his purchasing power can reduce the cost to the buyer.

5. Home Site Selection. Location, location, location. Being able to select just the right Home Site is almost as important as choosing the proper home to fit the buyer's lifestyle. Developers and homebuilders offer a wide selection of sites, including golf course locations, views, ponds, greenbelts, waterfront, rural acreage, topography, environmental guidelines, curvilinear streets, and more.

6. Floor Plan Options. Builders of new homes offer a wide variety of functional floor plans to fit your lifestyle. If it's not an inventory home, homebuilders also offer the opportunity to either eliminate or add rooms, upgrade materials, include special architecture, and generally customize the home.

7. Latest Materials. Low maintenance is one of the most important features of the new homes being built today. New technology in building materials has made the homes of the 2000's virtually maintenance free, especially on the exterior. No longer does a homeowner have to worry about painting every 3-5 years.

8. Choice of Finishing. With a new home, it's possible for the buyer to be the decorator before moving in. Choices of carpet, wall-coverings, paint color, lighting fixtures, window treatments, etc., enables the new home owners to live with their personal selections and not be restricted by the taste of previous owners.

9. Energy Efficiency. A new home built today is required by law to meet stricter energy codes than homes built in the past when past codes didn't exist or were much more lenient. Many homebuilders use materials that are designed to exceed the strict limits to produce future savings for the owner.

10. Lower Maintenance. It is given that all manufactured products have an expected lifespan. Daily use, weather and quality of care all play a role in longevity. Buying a new home eases the nagging question of "How long before it breaks down?" With a new home, the answer is simple - a substantially longer period.

11. Compatible Neighbors. In most new communities, buyers will be moving in with neighbors in generally similar circumstances. Often with pre-owned homes in established neighborhoods, the home buyers may find themselves in a difficult position as the new kids on the block, unable to quickly fit into social situations.

12. Value Appreciation. Statistics say that the typical home will need remodeling after a life expectancy of 25-30 years. Since new homes have an assured longer life, appraisals will be generally higher than on comparable existing homes, making conditions more favorable for future retail at appreciated prices (enhanced appreciation).

13. Your New Home Can Be Everything You've Dreamed Of. There is no need to settle for someone else's dream when you buy a new home. The pattern in the ceramic bath tiles, the wood floor in the kitchen, the arched windows - all of the special touches that lend charm and distinction to a home will be uniquely yours to enjoy for many years to come. There's no place like a new home.

14. You Won't Have to Update or Redesign. The nicest thing about signing the mortgage papers for a new home is that you know you won't be shopping for a remodeling loan a few years later. Everything you want can be built-in from the beginning, and there are no old appliances to modernize or dated carpet colors to eliminate. You have the best and the latest in style and quality and the beauty of everything being brand new.

15. New Homes Must Meet Higher Code and Inspection. The more our society learns about such things as fire prevention and earthquake damage, the stronger and stricter we make our inspection requirements and building codes. The wiring, the foundation, the materials in a new home, are all the result of the latest technology, legislation, and city codes that put teeth into the expression "the safety of your own home."

16. Take Advantage of Maximum Appreciation Potential. Homes appreciate with time. But a new home, located in a desirable neighborhood, increases even more and will have greater resale appeal if you should sell in five or six years. And everything you add to it, from the room you finish yourself to the deck and landscaping you plan to do next year, increases your equity and the value of your investment.

17. A New Home Has No Skeletons in the Closets. Is there asbestos hidden in the ceiling? Will that strange odor go away with a good cleaning, or is it locked into some permanent or expensive fixture? How well was the home built in the first place? These are all questions you can put to rest when you buy a new home from New Homes Colorado Springs.

18. Financing a New Home is Easier. Lenders prefer to finance new homes by reputable builders. They know that a well-built new home is a better risk than an older home. Also, new homes offer energy efficiencies that can mean lower interest rates, the mortgage customer is less likely to encounter costly repairs that could interfere later with the ability to make the mortgage payment, and or cause the property to be neglected.

19. Your Neighborhood is Well Planned and Desirable. Builders know that a key factor in selling homes is to build them in well-planned, desirable neighborhoods. This is done by carefully selecting home sites in established neighborhoods or by planning and developing new communities. There's one other option, you are welcome to find the home site you want in the neighborhood you want.

20. Your New Home Comes with a Warranty. A new home comes with something no older home can give you. The builder's warranty, which is your guarantee that you are getting what you paid for and that your builder stands behind his product. Also, your new appliances, carpets, and mechanical equipment will be backed by warranties.

21. You Benefit From the Latest Technology. As with everything else in our space age society, new and better ways of constructing homes are always being generated. Today's new home offers the latest in energy efficiency and savings, the latest product technology in everything from your heating system to your built-in vacuum system, and the most current health and safety codes.

22. The Choices are Yours. When you buy a new home, you have the rare opportunity to customize your home to your personal tastes. You don't have to make do. From the beginning, you can work with your builder to personalize your floor plan, colors, textures and designs.
 
Zane Whitfield, REALTOR® :: 5265 North Academy Boulevard, Suite 3300 :: Colorado Springs, CO 80918
Phone: 719-593-1518 Toll Free: 866-593-1518  Fax: 719-457-0282


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