Are you tired of your house and don’t want to deal with remodeling your home? How about moving into a new construction home? Buying a newly constructed home has many pros and cons to it. Its good to know about these pros and cons before you sign on the dotted line. I recently bought my first new construction home and there was A LOT of things that I wasn’t told or thought about asking until after we bought it. So I wanted to share this information with you so you don’t have any surprises.
New construction homes offer home warranties, new plumbing, electrical, roof, and all the good stuff that helps you sleep better at night. You have various layouts to pick from, walk-in closet options, and 3-car garage options. You also have the fun of picking out the exterior colors for the siding, the stone or brick, and the front door. You have fun picking out the interior elements like flooring, cabinets, and fixtures.
New construction homes are limited to the materials the builder has access to and can offer you. The exterior choices are usually limited by color and material. Most builders use traditional vinyl siding and have very limited color choices. Although the quality of vinyl siding has improved over the years, there are other options such as “Hardie Board” (https://www.jameshardie.com/why-hardie/performance-and-durability) which is a better quality product and more expensive but not usually offered to a buyer. Even if a buyer, such as myself, wanted to pay for the upgrade, most builders will not do it. Flooring, cabinetry, and light fixtures are also limited.
Since a builder is concentrating on building multiple homes at a time, they usually don’t offer current home trends and colors with their materials. For example, if you really want the current trendy farm sink and quartz countertops, you might have to purchase them yourself from a home store and pay for someone else to install them for you after you close on your home. The same thing goes for appliances. Some builders offer decks, patios, and landscaping but some do not which could be another unexpected expense.
At the end of the day, buying a home is a big investment not only for your pocketbook but for comfort and happiness. Your home is where you’re going to make memories, come to at the end of each day, a place where you want to find serenity and comfort. In my opinion, my happiness and wellbeing are worth every penny.
Written By: Shena Omotola, Dream Home Specialist & Broker Owner of Skyward Realty – Skyward Realty services Chicago, Suburbs, and Northwest Indiana
P.S. Feel free to email me any questions. I’m always here to help. Check out my recent resources for first time home buyers and sellers.
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