The Blog
Why Choose to Build a New Home in This Housing Market
February 15, 2023
Buying a new home is a huge investment, both financially and emotionally. It is a big decision that requires careful consideration, especially in today's housing market. With so many options available, it can be overwhelming to decide what the best choice is for you and your family. In this article, we'll take a closer look at the reasons why building a new home might be the best option for you in the current housing market.
Advantages of Building a New Home There are several advantages to building a new home that set it apart from other options available in the housing market.
Customizable
One of the biggest benefits of building a new home is that it can be customized to meet your specific needs and preferences. You have the ability to choose the layout, materials, and finishes that best suit your style and budget. This means that you can create a space that is truly unique and tailored to your specific needs.
Energy Efficient
New homes are built with the latest in energy-efficient technology, which can save you money on your monthly energy bills. From high-efficiency HVAC systems to insulation and windows, new homes are designed to maximize energy savings and reduce your environmental footprint.
Warranties
Another advantage of building a new home is the peace of mind that comes with having a warranty. Most new homes come with a builder's warranty that covers any defects or issues that arise during the first few years of ownership. This can provide you with added security and peace of mind, knowing that you are covered if any problems arise.
Here at Kirbor Homes, we offer a QBW’s Premier Protection Plan, which covers your home for 10 years. And even if you move out of your new home before 10 years, that warranty will get transferred over to the new home owner! These warranties can save you hundreds of dollars or more a year. It takes the worry out of finding a replacement, finding a contractor, or trying to fix it yourself if something in your home breaks.
To give you a closer look on everything this warranty covers, we added a picture of the items covered and what that is saving you.
The Current Housing Market
The current housing market is experiencing a shortage of inventory, which is driving up prices and making it difficult for many people to find the perfect home. In addition, many existing homes may have outdated systems and technologies that are not as energy-efficient as new homes, which can result in higher energy bills.
The Benefits of Building a New Home in Today's Market Building a new home in today's market offers several benefits that are not available with other options.
Affordability
In today's market, building a new home may actually be more affordable than buying an existing one. With rising home prices and Preferred Lender Competitive interest rates, building a new home can provide you with the opportunity to get more home for your money.
Timing
Building a new home also gives you the ability to control the timeline of your move. You can work with the builder to ensure that your home is ready when you need it, rather than being at the mercy of the current market and the availability of existing homes.
Conclusion
Building a new home can be a great option for those looking to invest in their future in the current housing market. With the ability to customize, energy-efficient technologies, and peace of mind that comes with a warranty, building a new home offers a unique and attractive alternative to buying an existing one. If you are considering a new home, we encourage you to explore the options available to you and determine if building a new home is the best choice for you and your family.
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