Moving into your dream home is an exhilarating experience. One of the first things a buyer will decide on is what type of home they would like. There are options such as new construction, resale, or rehabilitation homes. It is a good idea to explore all of them to make the best choice for yourself or your family.
If you happen to be looking for a home with low maintenance, new construction homes may be the best fit. New construction allows the buyer to decide on all parts of the home and make it as original or unique as they would like. This is also a good choice if you desire an energy-saving home as homes built today meet or exceed Energy Star and WaterSense standards. Those certifications are a lot harder to find an older or resale property without a hefty price tag. Some potential drawbacks are limited contractors, small lots, location, and lack of trees.
Resale properties can be move-in ready, or they may require repairs. Typical home repairs include heating and air conditioning, flooring, the roof, and painting. Although you can expect at least 20 years out of units and the roof, that timeframe can be much smaller when purchasing an older home. For some buyers, it may be a more convenient route to take. Depending on rising home values in many areas, it can also benefit the buyer a great deal in the long run. Repairs are still one of the things to be closely considered. With resale homes, you may get larger lots, established neighborhood value, and a place that instantly feels like home.
Rehabilitation homes can mean customized living and profits later too, but they can also take time and be the best option for some buyers than others. This option can potentially lead buyers to an up-and-coming or attractive area without having to spend the big bucks. Finding a reliable contractor will also be important and can present difficulties. However, other positives are that the down-payment and qualifications are more lenient.
Regardless of your preference, we have information and experts to guide you to your perfect home.