Convinced that now is the time to buy a house? Why not get the most for your money and buy a brand new home? New homes have numerous advantages:
Low maintenance costs
New homes come with everything new, which means fewer repairs on items such as appliances, carpet and siding.
There usually is a one-year warranty on workmanship and materials. Many builders also offer insurance-backed structural warranties for 10 years.
New homes usually include built-in appliances, central air conditioning and heating systems, more electrical outlets and many more amenities.
New homes consume half as much energy as homes built prior to 1980. This benefits the environment, your health and your wallet.
Better heating systems, built-in smoke detectors and better electrical power and wiring systems all decrease the risk of fire in a new home.
On average, a home built today has 700 more square feet of living space than one built 20 years ago. This means more windows, closet space, spacious garages, larger kitchens and more bathrooms.
More floor plan options
New home buyers can choose from hundreds of floor plans to find a home that matches their lifestyle.
Choice of finishing
New home buyers can choose carpet colors, wallcoverings, paint colors, lighting fixtures, trees and shrubbery.
Prospective buyers can choose a piece of land and build a house to suit their needs.
New homes have a longer life expectancy; therefore they have higher appraisal and more favorable resale values than older homes.
Matt Belcher is the president of the Home Builders Association of Greater St. Louis. For more information, visit http://www.stlhba.com.