If you’re in the market for a new home or condominium in Hawaii, have you considered buying a brand new home? Not only do you get a home that’s as close to custom-built as possible, you also get energy efficiency, modern floor plans and excellent value!
Here are 9 fantastic reasons why you consider buying a brand new home rather than a pre-existing, used home.
1. Competitive Pricing
Compare prices of existing homes to those of comparably-sized new homes! In today’s real estate market, home builders are competing for your business, and when builders compete, you benefit. Most home owners looking to sell their homes cannot offer incentives or attractive financing options like builders can.
2. Choices
When shopping among existing homes, buyers have to take the previous owners’ style into consideration. Do you pay even more to redecorate or do you make do with someone else’s choices? With a new home, however, you have choices in design, color and material options. Having the luxury to tailor a home to your tastes can be one of the greatest features of buying a new home.
3. Home Location
Location, location, location. New home buyers often get to choose which individual unit they prefer within a new home development. Would you prefer your bedroom get morning sun or afternoon sun? Would you prefer to live near the pool or closer to the beach in Maui?
4. Convenient Financing
In today’s market, securing financing for home ownership can be tedious and stressful. Many new home communities have simplified this process in order to provide you the best deal possible that gets you into your new quickly and easily.
5. Low Maintenance
Why worry about upgrading or constantly maintaining your home if you don’t have to? New developments like Kai Ani Village use the latest and greatest materials that technology can offer. The result? New homes are virtually maintenance-free for many years.
6. Floor Plans
Never thought about the convenience of modern floor plans? Take a tour of many existing condos and you’ll find bad layouts and wasted or unusable space. New home buyers, however, benefit from modern layouts suitable for today’s lifestyle.
7. Energy Efficiency
New communities are required by law to meet stricter energy codes than in the past, which benefits YOU, the consumer. This is an enormous cost-saving benefit when considering the costs of fuel and energy today. Many existing homes were built when energy codes were either more lenient or nonexistent.
8. Modern Appliances
Appliance manufacturers introduce new models every year and new home communities are able to offer the latest state-of-the-art equipment at the time of completing a new home. And, because builders buy for the entire production of new home, the purchasing power often reduces the buyers’ costs.
9. Appreciation
The typical home needs remodeling after 25-30 years. Since new homes have an assured longer life, appraisals are generally higher than on comparable existing homes. That means new homes will likely sell for a higher value in the future.
How far have you walked today?