The Benefits of Buying New Real Estate?
By Jody Overend for the New Home Buyers Guide, February 02 – 16th, 2007.
Ah, the well-polished floor. The funky tiles in the bathroom. The old-fashioned kitchen just like the one you remember from childhood. Most of us are at one time or another drawn to the idea of buying an older home.
So why choose a brand new home instead? The answer is in the question. Everything is new. New ideas. New designs. Newly discovered materials. The most advanced technology in electrical, heating, cooling and communication systems to name a few.
“And not only is everything new,” points out Cheryl Guenther, Sales Manager for Whispering Ridge, “it’s guaranteed under your New Home Warranty. The exterior, the interior, and everything inside are covered. Older real estate homes don’t’ come with guarantees. That can lea to unexpected expenses you haven’t budgeted for.”
She has a very good point. Although your certified home inspector has given your older home or real estate property a winning grade, unfortunately, it doesn’t mean it will always stay that way.
When you can least afford it, you may be stuck with unexpected and costly repairs and upgrades. Older appliances can give up the ghost out of the blue. Your bathroom can spring a leak. Your wiring may need replacing. And guess what. No home warranty to fall back on.
Another valid consideration is your lifestyle. Chances are you live a busy modern life. And like most of us, you have a motley collection of technological can’t live withouts – cell phones, high definition TVs, stereo equipment, computers, and what have you. And the support systems for all that technology? It’s not usually found in a ten-year old home or real estate properties unless it has been recently renovated. Another costly upgrade you weren’t expecting.
On the other hand, in a new home, all the must have gadgets and necessities have been planned for. Many new homes come with multi-room high speed internet connections already built in, as well as pre-wiring for an alarm system and air conditioning.
And be honest. Wouldn’t you love to have the latest in stainless steel appliances, marble countertops, easy care hardwood, and a fireplace you turn on with a flick of a switch?
Not to mention you can see your new home and real estate property being built form the ground up. You know what’s between the walls and who put it there. You can see with your own eyes the craftsmanship and attention to detail that your real estate builder is providing you.
And don’t worry about being stuck with “one size fits all.” In most new real estate housing developments there’s a wide variety of options and upgrades to choose from to personalize your home and property just the way you want it, inside and out. From tiles to exterior trims, cabinetry to countertops. Be sure to ask.
One last thing. If you have a young family or are thinking of starting one, the neighbourhood you choose is critical. New subdivisions are carefully designed to incorporate schools, shopping and medical centres, safe bike paths and playgrounds. From pre-school years through high-school, the needs of both the children and adults are thoughtfully provided for.
An older home or property real estate with a big front porch? A thirtieth floor loft with floor-to-ceiling windows? A single family home in a brand new subdivision? There is no right home for everyone. There is only the right home for you.
Sources include Canadian Home Builders’ Association web site.
Ah, the well-polished floor. The funky tiles in the bathroom. The old-fashioned kitchen just like the one you remember from childhood. Most of us are at one time or another drawn to the idea of buying an older home.
So why choose a brand new home instead? The answer is in the question. Everything is new. New ideas. New designs. Newly discovered materials. The most advanced technology in electrical, heating, cooling and communication systems to name a few.
“And not only is everything new,” points out Cheryl Guenther, Sales Manager for Whispering Ridge, “it’s guaranteed under your New Home Warranty. The exterior, the interior, and everything inside are covered. Older real estate homes don’t’ come with guarantees. That can lea to unexpected expenses you haven’t budgeted for.”
She has a very good point. Although your certified home inspector has given your older home or real estate property a winning grade, unfortunately, it doesn’t mean it will always stay that way.
When you can least afford it, you may be stuck with unexpected and costly repairs and upgrades. Older appliances can give up the ghost out of the blue. Your bathroom can spring a leak. Your wiring may need replacing. And guess what. No home warranty to fall back on.
Another valid consideration is your lifestyle. Chances are you live a busy modern life. And like most of us, you have a motley collection of technological can’t live withouts – cell phones, high definition TVs, stereo equipment, computers, and what have you. And the support systems for all that technology? It’s not usually found in a ten-year old home or real estate properties unless it has been recently renovated. Another costly upgrade you weren’t expecting.
On the other hand, in a new home, all the must have gadgets and necessities have been planned for. Many new homes come with multi-room high speed internet connections already built in, as well as pre-wiring for an alarm system and air conditioning.
And be honest. Wouldn’t you love to have the latest in stainless steel appliances, marble countertops, easy care hardwood, and a fireplace you turn on with a flick of a switch?
Not to mention you can see your new home and real estate property being built form the ground up. You know what’s between the walls and who put it there. You can see with your own eyes the craftsmanship and attention to detail that your real estate builder is providing you.
And don’t worry about being stuck with “one size fits all.” In most new real estate housing developments there’s a wide variety of options and upgrades to choose from to personalize your home and property just the way you want it, inside and out. From tiles to exterior trims, cabinetry to countertops. Be sure to ask.
One last thing. If you have a young family or are thinking of starting one, the neighbourhood you choose is critical. New subdivisions are carefully designed to incorporate schools, shopping and medical centres, safe bike paths and playgrounds. From pre-school years through high-school, the needs of both the children and adults are thoughtfully provided for.
An older home or property real estate with a big front porch? A thirtieth floor loft with floor-to-ceiling windows? A single family home in a brand new subdivision? There is no right home for everyone. There is only the right home for you.
Sources include Canadian Home Builders’ Association web site.
Labels: Benefits, Buying New Real Estate, condominum tips, New Homes
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