Choosing Between New Construction and Existing Homes with Krista Klause, Your Trusted Realtor
If the thought of home maintenance is holding you back from buying, here’s a breakdown of what to expect from new constructions versus existing homes:
🌟 Newly Built Homes: Less Maintenance, More Peace of Mind
Opting for a new construction can significantly reduce your worries about immediate repairs. Everything is brand new, from the appliances to the roofing, meaning less wear and tear 🏗️. According to LendingTree, this means fewer major or minor repairs in the early years of homeownership, which is especially helpful for first-time buyers adjusting from renting to owning.
Moreover, many builders offer warranties that cover major systems like plumbing, electrical, and HVAC for one to two years, ensuring additional security if issues arise, as noted by First American.
🏠Existing Homes: Character and Potential Warranties
Existing homes can also come with their own set of benefits, including the possibility of warranties. While not all sellers will offer to include a home warranty, it’s something that can be negotiated into your contract with the help of your real estate agent đź“ś. Forbes highlights that a home warranty can be purchased during the real estate transaction, often providing peace of mind to both buyer and seller. MarketWatch explains that these warranties can facilitate transactions by offering protection against future repairs, and sometimes, sellers cover the first year to make the deal more attractive.
Existing homes often boast unique character and charm, with mature landscaping and established neighborhoods, providing a sense of community and homeliness that new constructions might lack 🌳.
🤔 Should I Buy New or Existing?
Choosing between a new or existing home depends on what’s most important to you:
- New constructions offer modern features and less initial maintenance but might require waiting if they’re not yet completed.
- Existing homes provide character and potentially quicker move-ins but might come with higher initial maintenance needs unless mitigated by a warranty.
đź“ť Bottom Line
Both new constructions and existing homes have their perks and can be suited to different preferences and needs. If maintenance concerns are a major factor for you, consider the benefits of home warranties and how they can provide security regardless of the home type. To explore your options and prioritize what matters most to you in a home, reach out to Krista Klause. She’s here to help guide you through the home-buying process with expert advice and dedicated support! 🌟
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