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The real estate market can be competitive, and it's not uncommon for resale buyers to find themselves bidding against multiple other offers on the same property. This can be a frustrating and stressful process, which is why many homebuyers are turning to new construction as a better way to buy. Here are some of the advantages of buying new construction and why it's worth considering.
One of the biggest advantages of buying new construction is that you don't have to bid against other buyers. When you buy an existing home, you may find yourself in a bidding war, where you have to offer more than the asking price to beat out other offers. While there are likely several interested parties on new builds, there's no need to bid against anyone else since each of our homes are priced to sell.
When you buy an existing home, you're limited by the design of the house. With new construction, you have the opportunity to customize the home to your liking. When you contract early enough you have the power to select finishes and fixtures, you can choose the features that suit your style and preferences. This is especially appealing if you have a specific vision in mind for your dream home.
One of the benefits of buying new construction is that everything is brand new, from the appliances to the roof. This means that you won't have to worry about costly repairs or maintenance for several years, which can be a significant advantage. This is extended when you buy attached homes that have exterior maintenance built into your HOA. In addition, our new homes come with warranties that cover the cost of repairs or replacement of defective materials, giving you added peace of mind.
New construction homes are built with the latest energy-efficient materials and technologies. This means that your home will be more energy-efficient, resulting in lower utility bills and a smaller carbon footprint. Our built-to LEED Gold certification homes in our Fort Collins community, Northfield, also come with eco-friendly features, such as solar panels, high-efficiency HVAC systems, and more.
Buying new construction means that your home will be move-in ready as soon as it's completed. There's no need to spend time and money on renovations or upgrades, as everything will be done for you. This is especially appealing if you are relocating from out of state or you don't have the time or resources to take on a fixer-upper.
Along with avoiding the hassle of buying re-sale, you may not know that buying a new home is likely a better budget option too. Recent data shows that building new in the state of Colorado is cheaper than buying a pre-existing home.
In conclusion, buying new construction offers many advantages, including avoiding bidding wars, customization, lower maintenance costs, energy efficiency, and move-in readiness. If you're in the market for a new home, it's worth considering the benefits of our new construction homes.