Planning a move and wondering where you’ll end up? It’s totally normal. Maybe you’ve got a dream home in mind, but have you thought about new construction? Here’s why you might want to consider it, with the help of a trusted real estate agent:

1. More Options with Newly Built Homes

There are two types of homes: new and existing. Right now, the market for existing homes is pretty tight, but new homes are becoming more common. In fact, newly built homes now make up over 33% of the housing market, compared to just 13% from 1983 to 2019. This increase can give you more options in your home search.

Expanding your search to include newly built homes can be a game-changer. With more new homes on the market, you’re not limited to the scarce selection of existing homes. Whether you’re looking for a modern layout, energy-efficient features, or just something fresh and untouched, new homes can offer a lot that existing homes might not.

2. New Homes Might Be More Affordable Than You Think

You might think new builds are out of your budget, but the price gap between new and existing homes is shrinking. Builders are focusing on smaller, more affordable homes to meet demand. In some areas, the cost to build versus buy is nearly the same. Plus, some builders are offering price cuts and mortgage rate buy-downs to make new homes even more attractive.

The idea that new homes are always more expensive is becoming outdated. Today, many builders are aware of the need for affordable housing and are constructing homes to match that demand. They’re offering incentives like price reductions and special financing deals to make new homes more appealing and accessible.

The Unique Benefits of Newly Built Homes

Newly built homes come with several advantages. They often include the latest technology, better energy efficiency, and modern design elements that might not be present in older homes. You also get the peace of mind that comes with a new home warranty, covering many issues that could arise after you move in.

Working with an Agent Who Knows New Construction

Buying a new home is different from buying an existing one. Builder contracts have their own sets of rules and fine print, which can be confusing if you’re not familiar with them. That’s why working with a local real estate agent who knows the ins and outs of new construction is crucial. They can guide you through the process, help you understand the contracts, and negotiate the best deals on your behalf.

Bottom Line

If you’re curious about what new homes are available in our area, let’s connect and explore your options. And if you’re open to looking in nearby towns, we can broaden your search to find the perfect home for you. With more choices and potential cost savings, new homes might be the perfect solution for your next move. So, why not check out what builders are offering and see if a newly built home is right for you?