11 reasons to choose new construction
TRANSCRIPT
11 Reasons to Choose New Construction
Starting Your Home Search?
Median construction time is six months for condos and around five months for single-family homes.
1You can find a home without
feeling rushed.
Zillow Research, “New Home Construction Bulks Up: Denser and Bigger,” September 30, 2015
800,000 new single-family homes are expected in 2016, rising to 850,000 by 2017 and 900,000 in 2018.
2There are many new homes
to choose from.
Urban Land Institute, ULI Center for Capital Markets and Real Estate, ULI Real Estate Consensus Forecast, April 2016
3You’re not just buying a home, you’re buying a
lifestyle.Urban planners create diverse and sustainable communities close to schools, amenities and transit.
“What’s Walkability Worth? How Walkable Neighborhoods Affect Property Values,” Zillow Talk: The New Rules of Real Estate, Rascoff and Humphries
4Closing might be faster and
easier than you think.With no personal attachment to a home, builders
eliminate sentiments that can drag out the process.
Zillow Porchlight, “The Home Buyers’ Guide to New Construction,” March 21, 2016
5You can lower your energy bill.
Innovations in energy solutions can increase efficiency up to 30 percent.
U.S. Environmental Protection Agency, ENERGY STAR® Certified New Homes infographic
6Your family will be healthier.
Today’s low- and zero-VOC (volatile organic compound) products offer better indoor air quality
than traditional materials used in older, used homes.
Treehugger.com, “VOCs: Volatile Organic Compounds, Indoor Air Quality and Respiratory Health,” March 13, 2008
Ask each builder about special offers like zero closing costs, upgrade credits or expanded floor plans.
7You might get a better deal
than you thought.
BuilderOnline.com “Big Builders Gear Up for a Big Week,” April 28, 2010
Most builders offer a menu of designs so that your home reflects your style, not the previous owner’s.
8You can make it yours before
you move in.
NewHomeSource.com, “Is a Custom or Production Home Builder Right for You?”
9You’re protected from the get-go.
Warranties can protect your new home for years before you need to undertake any major repairs.
FreedAdvice.com, Real Estate Law, “New Home Warranties”
Two-thirds of new-construction homeowners spend less than $25 per month doing routine maintenance.
10You’ll have more free time.
U.S. Census Bureau, 2013 American Housing Survey
11You’ll stand out when you sell.
When you sell your new construction home after five, seven or even 10 years, it can attract more
buyers than a used home.
Trulia, “To Buy a New Or an Existing Home? Why, How Much, and Where,” May 6, 2014
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