Debunking Myths About Buying a New Construction Home

Having a place that you can confidently call home is the “American Dream,” right? Sure, there are apartments and houses that you can rent, but it’s nothing like having a place of your very own. When you dream about having a home, keeping in mind your loved ones’ comfort, convenience, and peace of mind is essential. It is for this reason that many people consider buying new houses rather than previously owned homes. It is important to note that the market offers new construction homes and resale properties, making the selection process hectic for first-timers.

Buying new houses looks to be the best option for many homebuyers. However, it becomes a challenge for homebuyers to buy new construction homes due to the ever-present myths and misconceptions about such houses on the market. What are these myths? What is the truth behind them? Let’s debunk some of the most common myths about new construction homes.

Myths About Buying a New Construction Home

New Construction Homes Are Costly

Fact: The cost of a newly constructed home is a common sentiment that, in most cases, fails the truth test. It is crucial to understand that situations vary as far as the cost for new houses and resale properties are concerned. The listing and base prices of new construction homes are sometimes higher than that of resales. It is, however, essential to consider the total operating costs of new houses and resales before concluding. New construction homes give you everything new. Unlike resale properties where you might be forced to handle repairs and replacement needs at your own cost, new houses give you a reprieve of closer to 10 years before such needs arise.

A Real Estate Agent Can’t Help You Buy a New Home

Fact: The real estate agent plays a bigger role in ensuring that you have the right home for your needs. A real estate agent is a partner in the whole process and will work hand-in-hand with the builders. By hiring a real estate agent, you will have a representative that will ensure your interests as a buyer are put into consideration, and the construction process goes well. Did you know that more than 840,000 single-family homes were built in 2018 alone with the help of real estate agents?

To Build a New House, You Need a Lot of Money

Fact: The amount of money you will spend on your house depends on various aspects such as the type of house you choose, the construction company you work with, the type of furnishing you feel suits your needs, among other things. Your plan and wants will affect, to a larger extent, the amount of money you will spend on the new house construction process.

With those myths and misconceptions out of the way, are you ready to invest in a brand new construction home? Contact Stone Meadow Homes today to learn about our available homes and floorplans.

Date: March 4, 2021
Category: Blog