The Benefits and Disadvantages of Buying New Construction

Benefits:

• Ability to customize to your personal needs and wants.

• Often more energy-efficient than older homes.

• Built to the latest building and safety codes.

• Equipped with up-to-date amenities.

• Newer construction and appliance warranties.

Disadvantages:

• Newly built homes, on average, cost more than existing ones.

• Often lack the trees and landscaping available with older homes.

• Construction delays can cause expense and frustration.

• Some subdivisions have additional homeowner’s association fees and other assessments.

• Construction may be ongoing in other areas of the subdivision creating noise and traffic challenges.