Wednesday, June 2, 2021 / by Sonya Reiselt
Is a New Construction Home the Right Option for You?
In this market, finding the home of your dreams can seem more like a pipedream than actual reality, causing buyers to become increasingly frustrated and preventing potential sellers from listing their current home. For some, there is, fortunately, a simple solution: buying or building new construction. Thankfully, for those willing and able to take on new construction, land for new neighborhoods is slowly increasing while the market for existing homes remains at a standstill.
Is buying a new construction home the right fit for you and your family? Here are some of the key positive aspects to consider:
· Its convenience can’t be beaten. Starting with what was mentioned above, the availability of land used for developing new neighborhoods is on the rise and is projected to continue to do so, making it an ideal option for home opportunities throughout the Lowcountry. The convenience begins with available options and continues throughout the various amenities and community proximities that you and your family will be able to choose from. Being able to choose which new neighborhood you want to build, or buy, in will allow you to choose potential playgrounds, schools, restaurants, parks/playgrounds, that your family wants to be within close proximity to.
· You have the freedom to choose a floorplan that best suits your family. While many new neighborhood constructions require you to choose an already mapped-out floorplan, you will have the flexibility to choose between many different options and sizes, allowing you to have a say in what floorplan best suites your family. For starters, are you looking to move into a multiple-story home or a sprawling ranch? If you have multiple stories, should all of the bedrooms be on the same level? How many bathrooms do you want? Is closet space or a designated laundry room important to you? Would you prefer an eat-in kitchen, a formal dining room, or both? The options to choose from could truly be endless!
Customizing and modernizing your home from the beginning is typically easier than renovating an already existing home. Similar to choosing an ideal floorplan, having the freedom to customize your home from the (literal) ground up can provide both convenience and piece-of-mind, knowing your moving into a home that is ideal for your family. While most home prices automatically include builder-grade options, you can easily switch these out to custom features, based on your family’s various priorities. This convenience also helps with budgeting what is important to you in the present and what you can save for, and update, in the future! Your family’s needs will take priority from the beginning, alleviating any stress that comes with searching for the perfect, already existing home.
· You’ll be in a home that is energy efficient. Whether you focus on this aspect when building a new home, or not, the chances of your new home being more energy efficient than your last are incredibly high. Nowadays, homes are built with efficiency in mind. From the lighting and appliance hookups to the insulation, your new home will be ready for optimal efficiency, allowing you to have both a lower carbon footprint and lower energy costs. When choosing which amenities to upgrade, you’ll also have options such as opting for energy-efficient appliances and the ability to install various forms of smart technology. Again, choosing these options before your home is built is both more convenient and often more cost-effective than renovating an already existing home!
You’ll have more control over the timing of your close. Given the state of the current market, this is an especially attractive positive factor! One of the main reasons why potential sellers are hesitant to put their home on the market is the fear of being able to find a new home before closing day. Choosing the route of new construction can significantly take away this stress because you’ll have a lot more flexibility and knowledge concerning closing dates.
The bottom line of the current real estate market remains the same: the is no better time to sell than now! And fortunately, with the increasing availability of new construction options, sellers can rest easy knowing that they have options for a new, dream home after all. The market is truly a once-in-a-generational opportunity for most sellers (especially those looking to upsize!) and, with the right realtor on your side, like Sonya Reiselt, you can rest assured that your future dream home is out there and accessible to you!
Start your customized home search on my website:
Reach out to Sonya today at 843-325-2158 or on our website and Facebook page for all of your home selling and buying needs in the Lowcountry!