Category : Home Building
You’re ready to buy a home. You know what you can afford. You have figured out what your typical mortgage payment is going to be. Now you have to decide between working with a realtor and looking at pre-owned homes or working with a builder on new homes. A new home is advantageous simply because it’s just that – new. There are a few reasons it’s better.
1 – Cost
Many people don’t look at new homes in St Louis because there is a stigma out there where people believe they are more expensive than pre-owned homes. In some instances, this is just the opposite. Builders set new home prices. They are not attached to the homes – they only set the price based upon the market. Owners set pre-owned home prices. They are connected to the homes – and many believe their homes are worth much more than they are because it’s “theirs.”
A variety of homebuilders has price incentives to get you into the door. When you purchase new homes, the builder may be the one paying some or all of the closing costs – which can save you a lot of money.
2 – Location
If you shop pre-owned homes, you are limited to site. You may find a home in a community that you like, but you may not like the property where the house resides. The pickier you get (gated community, cul-de-sac, etc.) the harder it is to find what you want. With new homes, you choose a community that a builder is working in. You can then select your home site from what is available.
3 – Options
With pre-owned homes, you are limited because the previous owners have selected everything for you. If you want to change something, you are going to have to pay out of pocket to replace it. With new homes, you get to make all of the selections. Some of the things you will get to pick out include the carpets, the cabinets, and the countertops. Some builders will also allow you to choose paint color, floor plans and much more.
4 – Issues
When you look into new homes, you don’t have the long list of items that you could potentially have a pre-owned home. Even if you have a home inspection, there may still be surprises six months or a year down the road that you didn’t expect – and that you certainly didn’t budget for. Some of the unexpected (and unwanted) surprises may be in the form of:
Whether you have issues in the first few years or not, there are going to be things that have taken place within the house that you don’t know about. With new homes, you are the original owner, so you know about the entire history of the house when you move in.
New homes are better than pre-owned homes for a variety of reasons, as you can see. Before you ignore homebuilders because you think they are out of your price range, think again.
The Benefits of New Home Construction in St Louis
New home construction in St louis has some advantages. When you’re in the market for a new home, you have to determine if you want a new home or a pre-owned home. This means you have to consider costs and features to figure out where the best deals are.
This means that you may find all sorts of problems with wiring, plumbing, and even cleanliness as you get situated into the home. With a new home, you don’t have those issues.
You also have to remember that with new home construction, you’re the one making all of the decisions. You get to choose the color schemes, the design of the tile, the color on the walls, the wood on the cabinets and everything more.
With new home construction, you are in charge of many details. You not only get to choose the details about the interior but you get to choose the lot you want and much more. When you buy pre-owned, you buy what’s on the market.