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Home Buyers Prefer New Construction 2 to 1 Over Used Homes

May 23, 2018

From energy efficiency to more modern features, home buyers today prefer new construction homes over used houses 2 to 1, according to an article from "Home Tips for Women."  Here are the top 5 reasons why new construction wins over existing homes with home buyers today. 

Many home buyers want a new-construction house. Their reasons vary, with a few common themes that most home buyers give for picking new construction. The most common reason given is the feeling that comes with living in a house where everything is fresh and new.  

Design and Construction Week  explains that a new Trulia survey shows buyers prefer new houses 2 to 1 over existing homes.  Before you make a decision, whether new or existing home, consider the top 5 reasons why buyers have their heart set on new construction.

New Construction Value #1: Modern Features 

Living in a home with modern features is just nicer. This doesn’t have to mean a house has no traditional charm, just that carpet or hard flooring is new, cabinets are in perfect condition, there might be a center island and granite countertops, and appliances sparkle.  Plus, there are manufacturer's warranties on the new items and a builder's warranty for the first year.

New Construction Value #2: Spacious Floor Plan

There’s no getting around it, older homes are often less spacious. Closets are smaller, the kitchen might seem too far removed from the rest of the house, and there might not be enough bathrooms. New construction is designed for the demands of modern families. 

New Construction Value #3: Control in Construction

Control during the construction phase means you can choose customized options for your new home to fit your lifestyle.  You can pick your cabinets, lighting, flooring and paint colors. 

New Construction Value #4: Reduced Maintenance

Older homes certainly need maintenance. Plumbing might need an upgrade, and wiring might also need updating to support the demands of more family electronics. Siding might need a paint job, the roof might need replacing, and the driveway might be cracked. With a new home, you have the full lifespan of everything in your house, instead of somewhere in the middle or approaching end of life.  

New Construction Value #5: Energy Efficiency

Older homes can be hot during summer and cold in winter. There’s a lot to be said for a new house with no drafts, plenty of insulation, and brand new heating and air conditioning system. With new construction, you’ll get a home that meets current building codes for energy efficiency. 

With an older home, you’ll probably need to upgrade insulation, and maybe consider a new furnace or air conditioning system.