7 Benefits of new Construction in Rochester MN
INITIAL BENEFITS OF BRAND NEW CONSTRUCTION
1. No Waiting: Work on your own schedule and timeline, no more waiting around for that perfect home that ticks all your boxes to become available
2. No Bidding Wars: You’re less likely to encounter a bidding war for the land, and there’s no need to make your offer stand out by waiving inspections or other contingencies
3. Fewer Headaches: It’s just you, your Realtor, and the builder designing your dream home with your budget in mind - no back and forth negotiating contracts or compromising on the features
When comparing apples to apples, new construction can appear to be more expensive. However, it’s more accurate to say it’s more expensive up front! Costs between new builds and older homes tend to equal out over time. Between reducing heating and cooling bills due to excellent building materials and energy efficient appliances to name a few, new construction end up costing you less each month that you own them. And that’s before we even get into lower capital expenditures and warranty coverage.
MORE BENEFITS OF NEW CONSTRUCTION - AFTER YOU MOVE IN
1. Low Maintenance: All homes will require maintenance at some point but one of the nice features of new construction is they come with warranties. Most builders have a wall-to-wall warranty for one year. HVAC units can come with a five-year warranty; the roof may have 15-year coverage. You get to design your home with your builder from the ground up, add all the elements that speak to your family (like those cool boiling water faucets built in right over your stove so you’re not hauling giant water pots across your kitchen on family pasta night!) and then sit back and enjoy hanging out with friends in the back yard or game nights with your kids in the playroom, knowing your warranties have your back.
2. Energy Efficient: Old homes can be leaky which can increase your yearly heating and cooling bill by 20-60%. New construction can offer the advantages of new technology and energy efficiency, and are built super tight and often come with air exchangers, which ensure proper air flow throughout the home and improve health from fewer pollutants. New construction can also come with state-of-the-art energy efficient appliances already installed.
Side Note: If you haven’t seen the episode of Modern Family where Mitch and Cam each fall in love with their new smart fridge (Season 11, Episode 2 - Snapped), we encourage you to check it out. Due to copyright law, we cannot link to it, but if you type “Cam and Mitchell relationship with their smart fridge” into YouTube, it will take you to the 90-second clip - it’s hilarious.
3. Custom Built: With new construction, you can get it right the first time and design it for the way you need and want to live. An open eat-in kitchen with an oversized island creates the perfect environment to share weekend brunches with friends and family, and bedrooms and bathrooms are strategically placed to keep every family member or guest happy. Bottom line: You don’t have to settle! Did you know the kitchen is one of the most utilized rooms in your home? If you’re an amateur chef enthusiast wouldn’t you want a countertop that matches the culinary delights you set out there for your guests and families to enjoy? They say that the kitchen is the heart of the home – in our home, our kitchen island is central command. What do you want your kitchen to look like?
4. Value: Not surprisingly, to avoid old construction issues or renovation missteps, a brand-new house, built from the ground up, based on current labor and material rates, tends to be more costly upfront than a house built years ago. However, when you purchase an existing property, you have two choices – stick with what you get or spend a fortune on additions and renovations over time. Pre-owned homes can be dark and boxy, often leading you through a maze of tiny rooms that have you seeing dollar signs for each wall you’ll want to tear down. Don’t forget that all those energy-efficient features and appliances of your new home will result in lower utility bills and overall monthly expenses. And while it is not guaranteed, some new builds can actually increase in equity pretty quickly as vacant lots become scarce. One thing to remember is that unless you’re in the home forever, spending a fortune on over-customized features that do not have mass appeal may affect resale value.
If you’d like to chat more about the process of building your ideal home, please call or email. I work with the best builders in town and have helped clients navigate the process seamlessly!
TELL US ABOUT YOUR Dream HOME!
Why do you want to build? What are the top two things you want that you cannot find on the current market?
Sandra Reid