Pros and Cons of Buying a Newly Constructed Home

Buyers these days prefer buying newly constructed homes rather than pre-owned houses. There are several reasons like location of the house, budget, etc. Due to these, buyers need to know the pros and cons of buying a newly constructed home.

What are The Characteristics of a Newly Built Home?

• Never Been Occupied

    This means no one has ever lived in and everything inside is brand new. No clogged sink, no broken tile, no black spots on ceilings or wall, nor any signs of usage. Everything should be spick and span.

• Goes from Builder to Buyer

    Newly built home are being transferred from the builder to the buyer, unlike older or pre-owned homes where the transaction goes from the owner or the seller of the house to the buyer.

• Includes a Warranty

    One year warranty is being offered by the builder to cover any needed repair usually a year after you moved into the house. 

Pros of New Construction

Cons of New Construction