The real estate market here in Fairfield County has seen quite a bit of upheaval in the last few years. While in some parts of the country home sellers are receiving multiple offers on their homes, homes in our area have been slower to sell.
With mortgage rates at an all-time low, and the recent good news of the upswing in the home-building industry, many home owners are making a decision to sell. Now the question becomes – should home sellers build a new custom home, or should they look to purchase a home in the resale marketplace?
New Home Source.com has some great reasons why they believe building a new home has unsurpassed advantages over buying a resale. Three of the best reasons are:
- Customize Your New Home: You can select the perfect floor plan; home style and features; neighborhood and community amenities to suit you.
- Low Maintenance/Warranty: Everything is brand new, under warranty and requiring little upkeep. Apart from the regular home maintenance the responsible home owner does routinely, there is plenty of free time available to enjoy your new home.
- Energy-Efficiency Throughout: Building a new home is the only way to get the latest energy-efficient home products and design methodologies available.
One of the best reasons to consider buying a new home is that it creates jobs. “For every 100 new homes built, about 213 jobs are created, based on a formula by the National Association of Home Builders,” says housing analyst Dan Whitney of Omaha.com.
Image from the Country Club Homes, Inc Portfolio