Buying a home is one of the most significant financial decisions you’ll ever make. Whether you’re a first-time homebuyer or a seasoned investor, the first question that may come to mind as you start this process is: Should I buy an existing home or build a new one?

While both options have plusses, building a new home often proves to be the better investment. From modern designs to lower maintenance costs and higher resale value, new construction homes offer significant financial and lifestyle advantages over their pre-owned counterparts. Working with a quality builder, such as A&G Residential, makes the home building process a positive experience with fabulous results.

• Return on Investment: A newly built home offers a terrific return on investment across the board.
• Builder Warranties: Builder warranties provide long-term, financial peace of mind. A&G Residential offers clients a ten-year warranty on structural defects and a full one-year warranty on distribution systems and defects in workmanship. This alleviates the fear of costly repairs just after move-in that are typical with pre-owned homes.
• Lower Maintenance: Pre-owned homes often require costly repairs through ongoing maintenance. Updating outdated plumbing or electrical systems can quickly add up, requiring thousands of dollars to repair. Replacing an HVAC system typically costs $10,000 while a new roof may run $20,000. For those who purchase a new construction home, worry about those post-purchase major repairs is eliminated.
• Energy Efficiency: The older the home, the more outdated the insulation, windows, and HVAC systems. Pre-owned homes often come with higher energy bills while newly built homes are designed to meet today’s energy efficiency standards. New construction homes include smart thermostats and appliances that optimize energy use. Solar-ready roofs are becoming more common in new construction, offering the potential to lower electric bills. Improvements in insulation and windows keep newly built homes snug all year long. The result? Lower monthly costs and a more sustainable footprint.
• Lowered Insurance: Premiums for home insurance are significantly lower for new construction homes than for pre-owned homes. New homes are built with safer materials, include weather-resistant features, follow the latest building codes, and more. This causes a lower risk for insurance companies–savings that is then passed onto the consumer.
• Financial Future: When it is time to sell, those who opted for new construction will be able to sell at a higher price than those who chose pre-owned. Buyers prefer to pay more for a home that is already energy-efficient, updated, and move-in ready. And, because a new construction home is younger, there tends to be less wear and tear than with a pre-owned home re-entering the real estate market.

A Healthy, Safe Investment: Health and safety are incredibly important to homeowners. A newly built home offers both!

• Healthier Living: Older homes often contain mold, mildew, lead-based paint, and more–all of which can negatively impact the health of residents. A&G Residential uses non-toxic building and design materials, creating a healthier environment for its clients.
• Advanced Filtration: New construction homes are host to quality filtration and ventilation systems. With reduced pollen, dust, and allergens, homeowners will truly breathe easy.
• Building Codes: As building codes change, new construction builders update their processes to meet the latest requirements. Pre-owned homes may be at risk for electrical hazards, outdated plumbing, or structural issues. By building new, homeowners take comfort in knowing that their home’s foundation is strong, fire-retardant insulation is installed, and distribution systems are up to date.
• Smart Features: Smart Locks or Smart Security systems enhance safety in new construction homes. Smart lighting or outlets allow homeowners to give their home a lived-in look even when not present. Newly built homes come equipped with smart technology, eliminating a costly retrofit post-purchase.

Customization: While a pre-owned home may cost less initially, customizing it can quickly cancel out that initial savings.

• Floor Plan Flexibility: With a newly built home, buyers can choose the number of bedrooms, and design type, and tweak each space for their specific needs.
• Personalization: From paint colors to bathroom layouts to kitchen style, a newly built home is designed for the buyer.
• Community Amenities: When building a new home, buyers can be more selective about its location by finding the community that meets all needs, from schools to recreation to shopping and more.

As buyers enter the market in search of the perfect house, the smart investment is to partner with a builder who will deliver an amazing new construction home. The financial benefits of building new easily outweigh those of a pre-owned home purchase. An existing home may seem more convenient, but these homes often come with hidden costs, surprise repairs, and outdated features. A newly built home by A&G Residential offers high quality, high value, and the highest return on investment.

Reach out to the team at A&G Residential today to explore your options!